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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 21, 2011
Sep. 28, 2011
Current assets:    
Cash and cash equivalents $ 115,421 $ 98,987
Investments 118,704 115,321
Receivables, net of allowance of $638 and $559, respectively 5,893 4,133
Inventories 6,208 5,886
Deferred income taxes 2,027 6,150
Assets held for sale 7,111 6,870
Other current assets 3,285 3,237
Total current assets 258,649 240,584
Property and equipment, net 367,386 371,736
Goodwill 27,529 27,529
Other intangible assets, net 6,774 6,950
Other assets 8,404 7,278
Investments held by consolidated affiliated partnerships 21,387 18,783
Total assets 690,129 672,860
Current Liabilities:    
Accounts payable 33,632 29,236
Due to broker 0 7,272
Accrued expenses 41,233 46,948
Revolving credit 15,000 15,000
Current portion of obligations under leases 5,403 5,272
Current portion of long-term debt 11,135 11,141
Total current liabilities 106,403 114,869
Deferred income taxes 10,444 6,664
Obligations under leases 114,663 116,066
Long-term debt 101,381 101,417
Other long-term liabilities 9,150 8,914
Total liabilities 342,041 347,930
Commitments and contingencies      
Redeemable noncontrolling interests of consolidated affiliated partnerships 50,005 45,252
Shareholders' equity    
Common stock – $0.50 stated value, 2,500,000 shares authorized – 1,511,174 shares issued, 1,227,281 and 1,227,276 shares outstanding (net of treasury stock), respectively 756 756
Additional paid-in capital 142,422 144,569
Retained earnings 239,185 230,390
Accumulated other comprehensive income (loss) 6,289 (5,468)
Treasury stock – at cost: 283,893 and 283,898 shares (includes 205,743 shares held by consolidated affiliated partnerships) at December 21, 2011 and September 28, 2011, respectively (90,569) (90,569)
Biglari Holdings Inc. shareholders' equity 298,083 279,678
Total liabilities and shareholders' equity $ 690,129 $ 672,860