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Consolidated Statements of Earnings (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 24, 2012
Jun. 26, 2011
Jun. 24, 2012
Jun. 26, 2011
Revenue:        
Restaurant sales $ 220,550 $ 167,896 $ 452,866 $ 333,423
Franchise royalties and fees 18,173 16,205 36,979 32,828
Total revenue 238,723 184,101 489,845 366,251
Restaurant operating costs:        
Cost of sales 69,799 45,735 141,950 91,999
Labor 66,638 51,309 134,906 100,187
Operating 32,349 25,048 65,146 49,597
Occupancy 13,091 10,659 25,891 20,886
Depreciation and amortization 16,090 11,931 31,621 22,953
General and administrative 20,976 18,766 40,400 35,058
Preopening 1,536 4,116 4,127 6,503
Loss on asset disposals and store closures 597 492 1,334 903
Total costs and expenses 221,076 168,056 445,375 328,086
Income from operations 17,647 16,045 44,470 38,165
Investment income (loss) (115) (152) 295 204
Earnings before income taxes 17,532 15,893 44,765 38,369
Income tax expense 5,870 5,220 14,858 12,835
Net earnings $ 11,662 $ 10,673 $ 29,907 $ 25,534
Earnings per common share – basic (in Dollars per share) $ 0.63 $ 0.58 $ 1.61 $ 1.39
Earnings per common share – diluted (in Dollars per share) $ 0.62 $ 0.58 $ 1.60 $ 1.39
Weighted average shares outstanding – basic (in Shares) 18,574,924 18,330,333 18,565,131 18,318,342
Weighted average shares outstanding – diluted (in Shares) 18,660,000 18,401,000 18,650,000 18,389,000