21 Item 1B. Unresolved Staff Comments. It was open from May 15, 2020 to September 13, 2020. Other units generally provide seating for 45 to 125 customers. Additionally, we operate seven Arthur Treacher’s BMP locations. &# We believe that the program is unique in its flexibility and broad appeal. We continue to support our co-branded Arthur Treacher’s franchisees. &# Due to the COVID-19 pandemic, all regional hot dog eating contests were canceled in 2020. We have also advertised our products in distributor and trade periodicals. These laws have not precluded us from seeking franchisees in any given area. &# We are committed to industry best practices in these areas. &# However, we may be unable to enter into similar purchase commitments in the future. We anticipate competition will continue to focus on convenience and pricing. xa0; Our operations are influenced by adverse weather conditions. &# The plan does not have a set expiration date. There is no set time limit on the repurchases. &# xa0; As of March 28, 2021, three of our four Company-owned restaurants were open. xa0; Our future results may be impacted by our interest obligations under the 2025 Notes. We have recorded the 2025 Notes at cost. &# xa0; Operating lease assets and liabilities are recognized at time of lease inception. ASU 2019-12 is effective for fiscal years beginning after December 15, 2020. Net working capital increased to $80,072,000 from $75,165,000 at March 29, 2020. On May 1, 2021, we made the first semi-annual interest payment of fiscal 2022. &# Between April 2018 and March 2020, beef prices traded within a range of + or - 10%. xa0; Item 9B. Other Information. &# xa0; We conducted our audit in accordance with the standards of the PCAOB. We believe that our audit provides a reasonable basis for our opinion. &# xa0; (2) Financial Statement Schedule None. &# 10.2 Form of Standard Franchise Agreement. ( 10.3 ***Employment Agreement with Howard M. Lorber, dated as of December 15, 2006. ( Incorporated by reference to Exhibit 10.1 to Form 8-K dated December 13, 2019.) 101.LAB Inline XBRL Taxonomy Extension Label Linkbase Document. We determined that there are no critical audit matters. &# The Company has not experienced any losses in such accounts. &# Branded Product Customer B [Member] Major customer B for branded product.
