|
Consolidated Balance Sheets (USD $)
|
Dec. 28, 2014
|
Dec. 29, 2013
|
| Current assets: |
|
|
| Cash and cash equivalents |
$ 4,301,000 |
$ 10,586,000 |
| Accounts receivable, less allowance for doubtful accounts 2014 - $760; 2013 - $779 |
20,458,000 |
13,409,000 |
| Inventory |
7,206,000 |
7,913,000 |
| Assets held for sale |
15,119,000 |
|
| Prepaid expenses and other |
1,291,000 |
2,484,000 |
| Deferred income taxes |
3,775,000 |
4,598,000 |
| Total current assets |
52,150,000 |
38,990,000 |
| Property and equipment, net of accumulated depreciation 2014 - $114,708; 2013 - $122,691 |
80,354,000 |
91,470,000 |
| Goodwill |
24,293,000 |
22,097,000 |
| Deferred income taxes |
25,054,000 |
24,984,000 |
| Other assets |
1,704,000 |
2,260,000 |
| Total assets |
218,567,000 |
228,081,000 |
| Trademarks |
118,000 |
10,276,000 |
| Current liabilities: |
|
|
| Accounts payable |
13,414,000 |
14,965,000 |
| Accrued payroll |
15,304,000 |
18,128,000 |
| Accrued expenses |
11,065,000 |
8,457,000 |
| Deferred revenue |
34,552,000 |
31,836,000 |
| Liabilities associated with assets held for sale |
4,869,000 |
|
| Other current liabilities |
7,277,000 |
7,217,000 |
| Total current liabilities |
86,481,000 |
80,603,000 |
| Long-term debt |
13,000,000 |
19,000,000 |
| Deferred rent |
19,990,000 |
23,235,000 |
| Other liabilities |
2,785,000 |
4,590,000 |
| Total liabilities |
122,256,000 |
127,428,000 |
| Commitments and contingencies (Note 11) |
0 |
0 |
| Common stock, par value $.01 per share; 100,000,000 shares authorized, 34,333,858 shares issued and outstanding at December 28, 2014 34,990,170 shares issued and outstanding at December 29, 2013 |
343,000 |
350,000 |
| Additional paid-in capital |
155,455,000 |
169,107,000 |
| Accumulated deficit |
(59,487,000) |
(68,804,000) |
| Total shareholders' equity |
96,311,000 |
100,653,000 |
| Total liabilities, and shareholders' equity |
218,567,000 |
228,081,000 |
| Franchise Rights [Member] |
|
|
| Current assets: |
|
|
| Finite-lived intangible assets, net |
32,418,000 |
32,200,000 |
| Other Intangible Assets [Member] |
|
|
| Current assets: |
|
|
| Finite-lived intangible assets, net |
$ 2,476,000 |
$ 5,804,000 |