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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 26, 2024
Dec. 27, 2023
Current assets:    
Cash and cash equivalents $ 301,838 $ 224,653
Marketable securities 2,574 68,561
Accounts receivable, net 15,914 16,847
Inventories 5,194 5,404
Prepaid expenses and other current assets 20,160 18,967
Total current assets 345,680 334,432
Property and equipment, net of accumulated depreciation of $425,428 and $376,760, respectively 545,225 530,995
Operating lease assets 419,527 398,296
Deferred income taxes, net 338,538 326,208
Other assets 12,788 15,926
TOTAL ASSETS 1,661,758 1,605,857
Current liabilities:    
Accounts payable 18,576 22,273
Accrued expenses 56,376 54,742
Accrued wages and related liabilities 22,584 20,945
Operating lease liabilities, current 53,140 49,004
Other current liabilities 17,412 17,103
Total current liabilities 168,088 164,067
Long-term debt 246,160 245,636
Long-term operating lease liabilities 487,600 464,533
Liabilities under tax receivable agreement, net of current portion 246,878 235,613
Other long-term liabilities 26,667 26,638
Total liabilities 1,175,393 1,136,487
Commitments and contingencies (Note 13)
Stockholders' equity:    
Preferred stock, no par value—10,000,000 shares authorized; none issued and outstanding as of June 26, 2024 and December 27, 2023. 0 0
Additional paid-in capital 433,877 426,601
Retained earnings 28,485 16,777
Accumulated other comprehensive loss (4) (3)
Total stockholders' equity attributable to Shake Shack Inc. 462,400 443,417
Non-controlling interests 23,965 25,953
Total equity 486,365 469,370
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 1,661,758 1,605,857
Class A Common Stock    
Stockholders' equity:    
Common stock 40 39
Class B Common Stock    
Stockholders' equity:    
Common stock $ 2 $ 3