XML 14 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenue $ 1,601,414 $ 1,403,697 $ 4,376,924 $ 4,146,145
Restaurant operating costs (exclusive of depreciation and amortization shown separately below):        
Food, beverage and packaging 517,261 466,496 1,434,316 1,371,147
Labor 405,818 373,645 1,184,649 1,090,540
Occupancy 97,694 91,409 288,549 270,102
Other operating costs 268,416 180,259 741,556 548,311
General and administrative expenses 133,150 115,070 342,267 339,136
Depreciation and amortization 60,180 52,206 178,578 157,629
Pre-opening costs 3,808 3,064 11,018 6,122
Impairment, closure costs, and asset disposals 7,991 5,927 22,713 17,356
Total operating expenses 1,494,318 1,288,076 4,203,646 3,800,343
Income from operations 107,096 115,621 173,278 345,802
Interest and other income, net (595) 4,411 2,771 11,487
Income before income taxes 106,501 120,032 176,049 357,289
Provision for income taxes (26,257) (21,450) (11,242) (79,547)
Net income $ 80,244 $ 98,582 $ 164,807 $ 277,742
Earnings per share:        
Basic $ 2.87 $ 3.55 $ 5.91 $ 10.02
Diluted $ 2.82 $ 3.47 $ 5.81 $ 9.83
Weighted-average common shares outstanding:        
Basic 27,973 27,775 27,892 27,730
Diluted 28,454 28,388 28,370 28,268
Food and Beverage [Member]        
Revenue $ 1,581,335 $ 1,397,333 $ 4,333,640 $ 4,128,500
Delivery Service [Member]        
Revenue $ 20,079 $ 6,364 $ 43,284 $ 17,645