Consolidated balance sheets - USD ($)
$ in Thousands |
Sep. 26, 2020 |
Mar. 28, 2020 |
Sep. 28, 2019 |
| Current assets: |
|
|
|
| Cash |
$ 61,847
|
$ 67,755
|
$ 9,029
|
| Accounts receivable, net |
29,053
|
24,721
|
26,030
|
| Inventory |
117,715
|
124,207
|
133,200
|
| Prepaid expenses |
10,391
|
8,852
|
11,736
|
| Income taxes receivable |
93
|
4,724
|
2,603
|
| Other current assets |
12,926
|
11,907
|
10,518
|
| Total current assets |
232,025
|
242,166
|
193,116
|
| Noncurrent assets: |
|
|
|
| Property and equipment, net |
136,573
|
147,540
|
155,107
|
| Noncurrent operating lease assets |
304,390
|
347,170
|
362,609
|
| Goodwill |
202,815
|
202,815
|
202,815
|
| Trade names |
226,562
|
222,769
|
223,184
|
| Deferred financing costs, net |
135
|
170
|
206
|
| Noncurrent deferred tax assets, net |
2,444
|
2,311
|
1,803
|
| Other assets |
3,110
|
1,873
|
1,732
|
| Total noncurrent assets |
876,029
|
924,648
|
947,456
|
| Total assets |
1,108,054
|
1,166,814
|
1,140,572
|
| Current liabilities: |
|
|
|
| Accounts payable |
85,680
|
53,647
|
74,376
|
| Accrued liabilities |
76,734
|
66,046
|
65,522
|
| Revolving lines of credit |
1,107
|
9,050
|
10,813
|
| Current portion of long-term debt |
6,970
|
6,952
|
6,936
|
| Current operating lease liabilities |
54,724
|
62,476
|
61,663
|
| Income taxes payable |
2,797
|
|
254
|
| Total current liabilities |
228,012
|
198,171
|
219,564
|
| Noncurrent liabilities: |
|
|
|
| Long-term debt |
236,955
|
317,485
|
268,007
|
| Noncurrent operating lease liabilities |
292,142
|
317,284
|
333,603
|
| Noncurrent deferred tax liabilities, net |
48,556
|
50,178
|
49,516
|
| Other long-term liabilities |
13,094
|
11,988
|
10,534
|
| Total noncurrent liabilities |
590,747
|
696,935
|
661,660
|
| Total liabilities |
818,759
|
895,106
|
881,224
|
| Commitments and contingencies (Note 6) |
|
|
|
| Shareholders' equity: |
|
|
|
| Common stock, $0.01 par value, 250,000,000 shares authorized; 48,570,280 shares issued at September 26, 2020; 48,316,559 shares issued at March 28, 2020; 48,306,412 shares issued at September 28, 2019 |
486
|
483
|
483
|
| Additional paid-in capital |
869,167
|
866,667
|
865,347
|
| Accumulated other comprehensive loss |
(24,741)
|
(36,295)
|
(32,395)
|
| Retained deficit |
(555,617)
|
(559,147)
|
(574,087)
|
| Total shareholders' equity |
289,295
|
271,708
|
259,348
|
| Total liabilities and shareholders' equity |
$ 1,108,054
|
$ 1,166,814
|
$ 1,140,572
|