CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 01, 2017
Mar. 26, 2016
Current assets:    
Cash and cash equivalents $ 8,035 $ 7,195
Accounts receivable, net 4,354 4,131
Inventories 189,096 176,335
Prepaid expenses and other current assets 22,818 15,558
Total current assets 224,303 203,219
Property and equipment, net 82,711 76,076
Goodwill 193,095 193,095
Intangible assets, net 64,511 64,861
Other assets 961 2,075
Total assets 565,581 539,326
Current liabilities:    
Line of credit 33,274 48,815
Accounts payable 77,482 66,553
Accrued expenses and other current liabilities 35,983 35,896
Current portion of notes payable, net of unamortized debt issuance costs 1,062 1,035
Total current liabilities 147,801 152,299
Deferred taxes 20,961 12,255
Long-term portion of notes payable, net of unamortized debt issuance costs 191,517 192,579
Capital lease obligations 7,825 8,272
Other liabilities 17,568 12,431
Total liabilities 385,672 377,836
Commitments and contingencies (Note 10)
Stockholders' equity:    
Common stock, $0.0001 par value; April 1, 2017 - 100,000 shares authorized, 26,575 shares issued; March 26, 2016 - 100,000 shares authorized, 26,354 shares issued 3 3
Preferred stock, $0.0001 par value; 10,000 shares authorized, no shares issued or outstanding
Additional paid-in capital 142,184 137,893
Retained earnings 37,791 23,594
Less: Common stock held in treasury, at cost, 14 and 4 shares at April 1, 2017 and March 26, 2016, respectively (69)
Total stockholders' equity 179,909 161,490
Total liabilities and stockholders' equity $ 565,581 $ 539,326