v3.25.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 30, 2025
Dec. 29, 2024
Current assets:    
Cash $ 3,948 $ 5,418
Accounts receivable, net of allowances of $34 and $59, respectively 8,270 10,252
Merchandise inventories, net 293,682 260,307
Prepaid expenses 9,239 10,192
Total current assets 315,139 286,169
Operating lease right-of-use assets, net 253,827 261,887
Property and equipment, net 50,050 51,788
Other assets, net of accumulated amortization of $3,107 and $3,127, respectively 9,291 9,522
Total assets 628,307 609,366
Current liabilities:    
Accounts payable 98,229 69,728
Accrued expenses 57,480 58,946
Current portion of operating lease liabilities 68,841 70,288
Current portion of finance lease liabilities 3,780 3,642
Total current liabilities 228,330 202,604
Operating lease liabilities, less current portion 195,677 202,894
Finance lease liabilities, less current portion 8,493 8,558
Long-term debt 30,882 13,756
Other long-term liabilities 5,988 5,943
Total liabilities 469,370 433,755
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.01 par value, authorized 50,000,000 shares; issued 27,162,318 and 26,998,880 shares, respectively; outstanding 22,855,063 and 22,691,625 shares, respectively 271 269
Additional paid-in capital 131,783 131,215
Retained earnings 81,140 98,384
Less: Treasury stock, at cost; 4,307,255 shares (54,257) (54,257)
Total stockholders' equity 158,937 175,611
Total liabilities and stockholders' equity $ 628,307 $ 609,366