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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 25, 2023
Dec. 25, 2022
Current assets:    
Cash and cash equivalents $ 280,333 $ 331,614
Accounts receivable 7,816 3,244
Inventory 3,145 1,383
Prepaid expenses 7,614 8,161
Current portion of lease acquisition costs 93 93
Other current assets 7,486 1,654
Total current assets 306,487 346,149
Operating lease assets 248,839 254,059
Property and equipment, net 259,848 235,257
Goodwill 35,970 35,970
Intangible assets, net 29,397 30,562
Lease acquisition costs, net 472 518
Security deposits 1,639 1,528
Other assets 4,598 4,767
Restricted cash 125 125
Total assets 887,375 908,935
Current liabilities:    
Current portion of operating lease liabilities 29,607 29,642
Accounts payable 14,657 12,242
Accrued expenses 21,478 22,069
Accrued payroll 10,518 6,580
Gift cards and loyalty liability 1,824 2,016
Total current liabilities 78,084 72,549
Operating lease liabilities, net of current portion 273,375 271,097
Contingent consideration liability 21,275 21,296
Other non-current liabilities 1,267 1,353
Deferred income tax liabilities 2,050 1,414
Total liabilities 376,051 367,709
COMMITMENTS AND CONTINGENCIES (Note 14)
Stockholders’ equity:    
Common stock, $0.001 par value per share, 2,000,000,000 Class A shares authorized, 98,715,896 and 97,656,690 Class A shares issued and outstanding as of June 25, 2023 and December 25, 2022, respectively; 300,000,000 Class B shares authorized, 13,230,558 and 13,476,303 Class B shares issued and outstanding as of June 25, 2023 and December 25, 2022, respectively 112 111
Additional paid-in capital 1,243,728 1,212,716
Accumulated deficit (732,516) (671,601)
Total stockholders’ equity 511,324 541,226
Total liabilities and stockholders’ equity $ 887,375 $ 908,935