El Pollo Loco 2016 Annual Report Download - page 58

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EL POLLO LOCO HOLDINGS, INC.
CONSOLIDATED BALANCE SHEETS
(Amounts in thousands, except share data)
December 30,
2015
December 31,
2014
Assets    
Current assets:    
Cashandcashequivalents  $ 6,101  $ 11,499
Restrictedcash   125   125
Accountsandotherreceivables,net   6,186   5,759
Inventories   1,899   1,900
Prepaidexpensesandothercurrentassets   2,656   5,108
Incometaxreceivable   —   102
Deferredtaxassets   21,656   19,490
Total current assets   38,623   43,983
Propertyandequipmentowned,net   102,421   82,090
Propertyheldundercapitallease,net   89   128
Goodwill   248,674   248,674
Trademarks   61,888   61,888
Otherintangibleassets,net   638   778
Deferredtaxassets   6,891   15,566
Otherassets   1,804   2,199
Total assets  $ 461,028  $ 455,306
Liabilities and Stockholders’ Equity    
Current liabilities:    
Currentportionofobligationsundercapitalleases  $ 177  $ 208
Accountspayable   11,046   5,528
Accruedsalariesandvacation   6,693   7,970
Accruedinsurance   5,021   3,818
Accruedincometaxespayable   67   —
Accruedinterest   245   208
Accruedadvertising   204   832
Otheraccruedexpensesandcurrentliabilities   16,126   13,013
Total current liabilities   39,579   31,577
Revolverloan   123,000   165,000
Obligationsundercapitalleases,netofcurrentportion   461   638
Deferredtaxes,netofcurrentportion   8,740   —
Otherintangibleliabilities,net   1,248   1,544
Othernoncurrentliabilities   43,367   46,147
Total liabilities   216,395   244,906
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;38,284,435and
37,420,450sharesissuedandoutstanding   383   374
Additionalpaid-incapital   369,635   359,465
Accumulateddeficit   (125,385)   (149,439)
Total stockholders’ equity   244,633   210,400
Total liabilities and stockholders’ equity  $ 461,028  $ 455,306
Seenotestoconsolidatedfinancialstatements.
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