v3.25.3

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 25,431	$ 26,096
Accounts and other receivables, net	16,070	20,402
Inventories, net	12,506	12,768
Prepaid expenses and other current assets	16,623	20,299
Total current assets	70,630	79,565
Property and equipment, net	513,701	510,581
Operating lease assets	318,264	336,936
Goodwill	4,673	4,673
Equity method investment	4,193	4,266
Deferred income taxes, net	65,211	62,318
Other assets, net	45,373	42,725
Total assets	1,022,045	1,041,064
Current liabilities:
Accounts payable	45,024	51,011
Accrued expenses	105,168	105,316
Current operating lease obligations	43,542	39,982
Total current liabilities	193,734	196,309
Long-term operating lease obligations	367,808	394,129
Long-term debt	89,500	66,500
Other liabilities	14,805	14,109
Total liabilities	665,847	671,047
Commitments and contingencies
Shareholders’ equity:
Preferred stock, 5,000 shares authorized, none issued or outstanding
Common stock, no par value, 125,000 shares authorized and 21,232 and 22,697 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively
Capital surplus	74,291	77,576
Retained earnings	281,907	292,441
Total shareholders’ equity	356,198	370,017
Total liabilities and shareholders’ equity	$ 1,022,045	$ 1,041,064

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

BJs RESTAURANTS INC 10-Q