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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 27, 2022
Dec. 26, 2021
Current assets:    
Cash and cash equivalents $ 436,517 $ 471,971
Accounts receivable 3,831 2,644
Inventory 956 903
Prepaid expenses 11,357 13,763
Tenant improvement receivable 17,903 16,695
Current portion of lease acquisition costs 564 525
Other current assets 1,520 155
Total current assets 472,648 506,656
Property and equipment, net 190,605 180,666
Goodwill 35,970 35,970
Intangible assets, net 31,877 32,868
Lease acquisition costs, net 4,763 4,391
Security deposits 1,589 1,770
Restricted cash 273 328
Total assets 737,725 762,649
Current liabilities:    
Accounts payable 13,823 11,197
Accrued expenses 15,184 16,338
Accrued payroll 11,815 12,093
Gift cards and loyalty liability 1,622 1,839
Current portion of deferred rent liability 6,993 6,061
Total current liabilities 49,437 47,528
Deferred rent liability, net of current portion 40,469 38,402
Accrued payroll, net of current portion 0 2,500
Contingent consideration liability 20,243 20,477
Other non-current liabilities 500 500
Deferred income tax liabilities 145 125
Total liabilities 110,794 109,532
COMMITMENTS AND CONTINGENCIES (Note 14)
Common stock, $0.001 par value per share, 2,000,000,000 Class A shares authorized, 96,034,052 and 95,868,394 Class A shares issued and outstanding as of March 27, 2022 and December 26, 2021, respectively; 300,000,000 Class B shares authorized, 13,477,303 and 13,477,303 Class B shares issued and outstanding as of March 27, 2022 and December 26, 2021, respectively 110 109
Additional paid-in capital 1,152,237 1,129,224
Accumulated deficit (525,416) (476,216)
Total stockholders’ equity 626,931 653,117
Total liabilities and stockholders’ equity $ 737,725 $ 762,649