December 29, 2002

December 30, 2001

Assets

Current Assets:

Cash and cash equivalents

$

4,796,625

$

18,992,153

Accounts receivable, net

1,642,384

2,697,197

Inventories

3,289,454

2,745,898

Prepaid expenses and other current assets

3,117,769

2,072,715

Income tax refund receivable

154,896

25,379

Deferred tax asset

1,054,780

1,667,165

Restricted current assets—marketing funds

616,780

680,607

Total current assets

14,672,688

28,881,114

Real estate held for sale

842,496

842,496

Property and equipment, net

110,176,260

82,451,120

Deferred tax asset

8,140,416

8,652,382

Goodwill, net

25,720,259

22,554,777

Other intangible assets, net

8,354,332

7,034,400

Other assets, net

1,719,195

4,024,697

Total assets

$

169,625,646

$

154,440,986

Liabilities and Stockholders’ Equity

Current Liabilities:

Trade accounts payable

$

8,343,072

$

5,669,512

Accrued payroll and payroll-related liabilities

7,627,391

7,254,058

Unredeemed gift certificates

3,109,567

2,341,504

Accrued liabilities

6,335,775

7,200,640

Accrued liabilities—marketing funds

616,780

680,607

Current portion of long-term debt and capital lease obligations

1,828,440

5,077,515

Total current liabilities

27,861,025

28,223,836

Deferred rent payable

4,624,046

4,229,199

Long-term debt and capital lease obligations

38,151,488

75,009,577

Commitments and contingencies

—  

—  

Stockholders’ Equity:

Common stock; $.001 par value: 50,000,000 shares authorized; 15,108,172 and 10,090,312 shares issued and outstanding

15,108

10,090

Preferred stock, $.001 par value: 5,000,000 shares authorized; no shares issued and outstanding

—  

—  

Additional paid-in capital

103,142,104

53,454,868

Deferred compensation

(209,132

)

—  

Receivables from stockholders/officers

(6,252,232

)

(600,000

)

Accumulated other comprehensive loss, net of tax benefit

(83,506

)

—  

Retained earnings (accumulated deficit)

2,376,745

(5,886,584

)

Total stockholders’ equity

98,989,087

46,978,374

Total liabilities and stockholders’ equity

$

169,625,646

$

154,440,986