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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 38,030 $ 44,504
Trade and other receivables 25,033 22,438
Inventories 13,189 15,237
Prepaid expenses and other current assets 15,174 17,521
Total current assets 91,426 99,700
Property and equipment, net 308,959 307,526
Franchise rights, net 295,142 298,626
Goodwill 107,751 107,751
Franchise agreements, net 25,414 26,048
Operating leases 734,510 743,250
Other assets 9,160 9,591
Total assets 1,572,362 1,592,492
LIABILITIES AND STOCKHOLDERS' EQUITY    
Current portion of long-term debt and finance lease liabilities (Notes 6 and 7) 7,108 7,159
Current portion of operating lease liabilities (Note 6) 49,631 49,424
Accounts payable 37,713 37,797
Accrued interest 4,323 8,705
Accrued payroll, related taxes and benefits 36,984 63,787
Accrued real estate taxes 7,188 8,963
Other liabilities 49,426 29,120
Total current liabilities 192,373 204,955
Long-term debt and finance lease liabilities, net of current portion 420,346 421,788
Operating lease liabilities 750,183 758,115
Deferred income taxes, net 10,823 11,090
Other liabilities 10,597 11,311
Total liabilities 1,384,322 1,407,259
Commitments and contingencies
Stockholders' equity:    
Preferred stock, par value $.01 0 0
Voting common stock, par value $.01 549 539
Additional paid-in capital 297,663 296,972
Accumulated deficit (99,508) (103,172)
Accumulated other comprehensive income 5,189 5,320
Treasury stock, at cost (15,853) (14,426)
Total stockholders' equity 188,040 185,233
Total liabilities and stockholders' equity $ 1,572,362 $ 1,592,492