El Pollo Loco 2015 Annual Report Download - page 69

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Table of Contents
EL POLLO LOCO HOLDINGS, INC.
CONSOLIDATED BALANCE SHEETS
(Amounts in thousands, except share data)
See notes to consolidated financial statements.
65
December 31,
2014
December 25,
2013
Assets
Current assets:
Cash and cash equivalents
$
11,499
$
17,015
Restricted cash
125
131
Accounts and other receivables, net
5,759
5,906
Inventories
1,900
1,655
Prepaid expenses and other current assets
5,108
2,123
Income tax receivable
102
—
Deferred tax assets
19,490
442
Total current assets
43,983
27,272
Property and equipment owned, net
82,090
68,641
Property held under capital lease, net
128
180
Goodwill
248,674
249,324
Trademarks
61,888
61,888
Other intangible assets, net
778
934
Deferred tax assets
15,566
—
Other assets
2,199
8,703
Total assets
$
455,306
$
416,942
Liabilities and Stockholders
’
Equity
Current liabilities:
Current portion of first lien term loan
$
—
$
1,900
Current portion of obligations under capital leases
208
267
Accounts payable
5,528
12,316
Accrued salaries and vacation
7,970
8,594
Accrued insurance
3,818
3,597
Accrued income taxes payable
—
27
Accrued interest
208
4,182
Accrued advertising
832
265
Other accrued expenses and current liabilities
13,013
7,825
Total current liabilities
31,577
38,973
Revolver loan
165,000
—
First lien term loan, net of current portion
—
187,190
Second lien term loan
—
99,038
Obligations under capital leases, net of current portion
638
847
Deferred taxes, net of current portion
—
32,387
Other intangible liabilities, net
1,544
1,927
Other noncurrent liabilities
46,147
8,044
Total liabilities
244,906
368,406
Commitments and contingencies
Stockholders
’
Equity
Preferred stock, $0.01 par value
—
100,000,000 shares authorized; none issued or outstanding
—
—
Common stock, $0.01 par value—200,000,000 shares authorized; 37,420,450 and 28,712,622 shares issued and
outstanding
374
287
Additional paid
-
in capital
359,465
240,151
Accumulated deficit
(149,439
)
(191,902
)
Total stockholders
’
equity
210,400
48,536
Total liabilities and stockholders
’
equity
$
455,306
$
416,942