2000 Asset Current assets: Cash Marketable Securities Accounts and other receivables Inventories Prepaids expense Refundable income taxes Deferred income taxes Restricted assets Total current assets $ s $ 5 5 s 40,000 11.000 52.000 in thousands Liabilities Current liabilities: $ 21.000 unearned franchise tee S 10.000 Accounts payable $ 20.000 Accrued compensation and benefits Se Accrued expenses $ 4,000 bystem-wide payables 5 4.000 Total current liabilities $ 6,000 S 53,000 Long-term abilities: $ 126,000 other liabilities Deferred income taxes $ Deferred lease credits $ 37,000 $ 32.000 Total liabilities $ 9,000 Shareholders' Equity Shareholders' equity Common stock Retained earnings 5 5 S 2000 37.000 28,000 Property and equipment, net Reacquired franchise rights Goodwill Other assets, net $ $ 121.000 262000 s Total shareholders equity $ 591,000 Total liabilities and shareholders equity Total asset 2.000 Asset Current assets: Cash Marketable securities Accounts and other receivables Inventories Prepaids expense Refundable income taxes Deferred income taxes Restricted assets Total current assets Layette Wild Wings, INC. AND Subsidiaries CONSOLIDATED BALANCE SHEETS December 31, 2020 (in thousands Liabilities Current liabilities: S Unearned franchise fee $ 8.000 Accounts payable $ 22,000 Accrued compensation and benefits 9,000 Accrued expenses $ 5.000 System-wide payables $ 4,000 Total current liabilities $ 9,000 S 68,000 Long-term liabilities: Other liabilities Deferred income taxes $ 441,000 Deferred lease credits $ 33.000 $ 33,000 Total liabilities $ 16,000 Shareholders' Equity Shareholders' equity: S is $ $ $ $ 52.000 14.000 65,000 165,000 s S $ 38,000 34,000 $ 239.000 Property and equipment, net Reacquired franchise rights Goodwill Other assets, net Common stock $ 133,000 $ 334,000 $ (1.000) $ Retained earnings Accumulated other comprehensive loss Total shareholders' equity Lafyette Wild Wings, INC. AND Subsidaries CONSOLIDATED INCOME STATEMENT Fiscal years From December 30, 2012 December 31, 2020 in thousands Revenue: 5 Sales revenue $ 82,000 Franchies royalties and fees $ 1.268.000 Total Revenue Cost and Expenses: Restaurant operating costs: $ 364,000 Cost of sales 5 360,000 Labor cost $ 174,000 Operating 68,000 Occupancy expense $ 85.000 Depreciation expense $ 96,000 General and administrative $ 15,000 Preopening 5 3,000 Loss on asset disposals and impairment Total Expenses $ 103.000 Income from operations s investment gain/loss $ 102,000 Earnings before income tax 5 30,000 Income tax Net Income Lafayette Wild Wings INC. AND Subsidies CONSOLIDATED STATEMENTS OF CASH FLOWS Fiscal years ended December 31, 2020 in thousands) cash flows from operating activities: Net Income Adjustments to reconcile net earnings to cash provided by operations: Depreciation 5 $ 5 $ 3.000 5.000 12.000) 11,000 15.000 5 2.000 $ s $ Loss on asset disposals and impairment Deferred lease credits Deferred income taxes Stock-based compensation Excess tax benefit from stock issuance Change in operating assets and liabilities: Trading securities Accounts receivable Inventory Prepaid expenses Other assets Unearned franchise fees Accounts payable Income taxes Accrued expenses Net cash provided by operating activities $ $ (1.000 11.000 $ $ $ $ 5.000 13,000 177.000 S $ 199.000 Cash flows from investing activities Property equipment Acquisition of businesses/ investments in affiliates Net cash used in investing activities $ s 5.000 15.000 S Cash flows from financing activities Proceeds from line of credit Repayments of line of credit ssuance of common stock Excess tak benefit from stock issuance Tax payments for restricted stock units Net cash provided by financing activities Net Cash increase/decrease Cash at beginning of year Cash at end of year $ $ 5.000 15,000) 12.000 35.000 21,000 S s 2000 Asset Current assets: Cash Marketable Securities Accounts and other receivables Inventories Prepaids expense Refundable income taxes Deferred income taxes Restricted assets Total current assets $ s $ 5 5 s 40,000 11.000 52.000 in thousands Liabilities Current liabilities: $ 21.000 unearned franchise tee S 10.000 Accounts payable $ 20.000 Accrued compensation and benefits Se Accrued expenses $ 4,000 bystem-wide payables 5 4.000 Total current liabilities $ 6,000 S 53,000 Long-term abilities: $ 126,000 other liabilities Deferred income taxes $ Deferred lease credits $ 37,000 $ 32.000 Total liabilities $ 9,000 Shareholders' Equity Shareholders' equity Common stock Retained earnings 5 5 S 2000 37.000 28,000 Property and equipment, net Reacquired franchise rights Goodwill Other assets, net $ $ 121.000 262000 s Total shareholders equity $ 591,000 Total liabilities and shareholders equity Total asset 2.000 Asset Current assets: Cash Marketable securities Accounts and other receivables Inventories Prepaids expense Refundable income taxes Deferred income taxes Restricted assets Total current assets Layette Wild Wings, INC. AND Subsidiaries CONSOLIDATED BALANCE SHEETS December 31, 2020 (in thousands Liabilities Current liabilities: S Unearned franchise fee $ 8.000 Accounts payable $ 22,000 Accrued compensation and benefits 9,000 Accrued expenses $ 5.000 System-wide payables $ 4,000 Total current liabilities $ 9,000 S 68,000 Long-term liabilities: Other liabilities Deferred income taxes $ 441,000 Deferred lease credits $ 33.000 $ 33,000 Total liabilities $ 16,000 Shareholders' Equity Shareholders' equity: S is $ $ $ $ 52.000 14.000 65,000 165,000 s S $ 38,000 34,000 $ 239.000 Property and equipment, net Reacquired franchise rights Goodwill Other assets, net Common stock $ 133,000 $ 334,000 $ (1.000) $ Retained earnings Accumulated other comprehensive loss Total shareholders' equity Lafyette Wild Wings, INC. AND Subsidaries CONSOLIDATED INCOME STATEMENT Fiscal years From December 30, 2012 December 31, 2020 in thousands Revenue: 5 Sales revenue $ 82,000 Franchies royalties and fees $ 1.268.000 Total Revenue Cost and Expenses: Restaurant operating costs: $ 364,000 Cost of sales 5 360,000 Labor cost $ 174,000 Operating 68,000 Occupancy expense $ 85.000 Depreciation expense $ 96,000 General and administrative $ 15,000 Preopening 5 3,000 Loss on asset disposals and impairment Total Expenses $ 103.000 Income from operations s investment gain/loss $ 102,000 Earnings before income tax 5 30,000 Income tax Net Income Lafayette Wild Wings INC. AND Subsidies CONSOLIDATED STATEMENTS OF CASH FLOWS Fiscal years ended December 31, 2020 in thousands) cash flows from operating activities: Net Income Adjustments to reconcile net earnings to cash provided by operations: Depreciation 5 $ 5 $ 3.000 5.000 12.000) 11,000 15.000 5 2.000 $ s $ Loss on asset disposals and impairment Deferred lease credits Deferred income taxes Stock-based compensation Excess tax benefit from stock issuance Change in operating assets and liabilities: Trading securities Accounts receivable Inventory Prepaid expenses Other assets Unearned franchise fees Accounts payable Income taxes Accrued expenses Net cash provided by operating activities $ $ (1.000 11.000 $ $ $ $ 5.000 13,000 177.000 S $ 199.000 Cash flows from investing activities Property equipment Acquisition of businesses/ investments in affiliates Net cash used in investing activities $ s 5.000 15.000 S Cash flows from financing activities Proceeds from line of credit Repayments of line of credit ssuance of common stock Excess tak benefit from stock issuance Tax payments for restricted stock units Net cash provided by financing activities Net Cash increase/decrease Cash at beginning of year Cash at end of year $ $ 5.000 15,000) 12.000 35.000 21,000 S s