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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Apr. 11, 2012
Sep. 28, 2011
Current assets:    
Cash and cash equivalents $ 37,042 $ 98,987
Investments 217,743 115,321
Receivables, net of allowance of $742 and $559, respectively 8,131 4,133
Inventories 6,423 5,886
Deferred income taxes 0 6,150
Assets held for sale 6,203 6,870
Other current assets 6,393 3,237
Total current assets 281,935 240,584
Property and equipment, net 362,079 371,736
Goodwill 27,529 27,529
Other intangible assets, net 6,587 6,950
Other assets 9,615 7,278
Investments held by consolidated affiliated partnerships 23,603 18,783
Total assets 711,348 672,860
Current liabilities:    
Accounts payable 33,921 29,236
Due to broker 3,852 7,272
Accrued expenses 44,888 46,948
Revolving credit 15,000 15,000
Deferred income taxes 4,029 0
Current portion of obligations under leases 5,560 5,272
Current portion of long-term debt 11,180 11,141
Total current liabilities 118,430 114,869
Deferred income taxes 10,086 6,664
Obligations under leases 112,769 116,066
Long-term debt 95,793 101,417
Other long-term liabilities 9,754 8,914
Total liabilities 346,832 347,930
Commitments and contingencies      
Redeemable noncontrolling interests of consolidated affiliated partnerships 54,822 45,252
Shareholders' equity    
Common stock – $0.50 stated value, 2,500,000 shares authorized – 1,511,174 shares issued, 1,227,558 and 1,227,276 shares outstanding (net of treasury stock), respectively 756 756
Additional paid-in capital 138,735 144,569
Retained earnings 243,713 230,390
Accumulated other comprehensive income (loss) 17,057 (5,468)
Treasury stock – at cost: 283,616 and 283,898 shares (includes 205,743 shares held by consolidated affiliated partnerships) at April 11, 2012 and September 28, 2011, respectively (90,567) (90,569)
Biglari Holdings Inc. shareholders' equity 309,694 279,678
Total liabilities and shareholders' equity $ 711,348 $ 672,860