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Condensed Consolidated Balance Sheets - USD ($) $ in Thousands Dec. 31, 2017 [1] Current assets: Cash and cash equivalents $ 14,052 Accounts and vendor
Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2017 | [1] |
Current assets: | ||
Cash and cash equivalents | $ 14,052 | |
Accounts and vendor receivables, net of allowance for doubtful accounts of $769 and $289 | 5,863 | |
Accounts receivable, related parties, net of allowance for doubtful accounts of $28 and $28 | 553 | |
Inventories, net | 3,619 | |
Other current assets | 2,408 | |
Total current assets | 26,495 | |
Property and equipment, net | 49,423 | |
Goodwill | 161,140 | |
Brand | 290,500 | |
Franchise rights, net | 23,146 | |
Favorable leases, net | 688 | |
Other noncurrent assets | 4,076 | |
Total assets | 555,468 | |
Current liabilities: | ||
Accounts payable | 12,956 | |
Accrued expenses | 17,797 | |
Current maturities of capital lease obligations | 8,502 | |
Other current liabilities | 934 | |
Total current liabilities | 40,189 | |
Long-term debt, less current maturities and deferred debt issuance costs, net | 123,376 | |
Deferred income taxes | 70,210 | |
Capital lease obligations, less current maturities | 22,434 | |
Noncurrent closed store obligation | 125 | |
Other noncurrent liabilities | 17,107 | |
Total liabilities | 273,441 | |
Commitments and contingencies (notes 3, 13 and 15) | ||
Stockholders' equity: | ||
Preferred stock, $0.01 par value; 25,000 shares authorized and no shares issued and outstanding as of both September 30, 2018 and December 31, 2017 | ||
Common stock, $0.01 par value; 150,000 shares authorized, 37,883 shares issued and 37,473 shares outstanding as of September 30, 2018 and 37,069 shares issued and 36,899 shares outstanding as of December 31, 2017 | 370 | |
Treasury stock, 410 and 170 shares at cost as of September 30, 2018 and December 31, 2017, respectively | (2,000) | |
Additional paid-in capital | 128,895 | |
Retained earnings | 154,306 | |
Accumulated other comprehensive income | 456 | |
Total stockholders' equity | 282,027 | |
Total liabilities and stockholders' equity | $ 555,468 |
What is the cash ratio?
[Enter the answer as decimal.]
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