Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Apr. 02, 2022	Jun. 30, 2021
Current assets:
Cash and cash equivalents	$ 8,457	$ 6,534
Restricted cash	0	22,321
Inventories	176,650	145,075
Prepaid expenses	5,073	5,486
Other current assets	1,862	3,385
Total Current Assets	192,042	182,801
Property and equipment, net	30,365	37,784
Operating lease right-of-use assets	162,320	193,244
Deferred financing costs	1,816	2,459
Other assets	1,641	1,596
Total Assets	388,184	417,884
Current liabilities:
Accounts payable	42,950	45,930
Accrued liabilities	39,082	46,454
Operating lease liabilities	54,165	54,632
Total Current Liabilities	136,197	147,016
Operating lease liabilities — non current	120,711	156,240
Borrowings under revolving credit facility	54,077	12,000
Long term debt (see Note 3 for amounts due to related parties)	29,531	26,374
Asset retirement obligation — non-current	1,056	1,021
Other liabilities — non-current	607	3,432
Total Liabilities	342,179	346,083
Commitments and contingencies
Stockholders’ equity:
Preferred stock, par value $0.01 per share, authorized 10,000,000 shares; none issued or outstanding	0	0
Common stock, par value $0.01 per share, authorized 200,000,000 shares; 87,536,863 shares issued and 85,732,726 shares outstanding at April 2, 2022 and 87,988,233 shares issued and 86,204,572 shares outstanding at June 30, 2021	858	862
Additional paid-in capital	310,566	305,498
Retained deficit	(258,607)	(227,747)
Less: 1,783,661 common shares in treasury, at cost, at April 2, 2022 and at June 30, 2021, respectively	(6,812)	(6,812)
Total Stockholders’ Equity	46,005	71,801
Total Liabilities and Stockholders’ Equity	$ 388,184	$ 417,884