Business And Basis Of Presentation

6 Months Ended

Jun. 17, 2014

Business And Basis Of Presentation [Abstract]

Business And Basis of Presentation

1. BUSINESS AND BASIS OF PRESENTATION

As of June 17, 2014, Del Frisco’s Restaurant Group, Inc. (the “Company”) owned and operated 41 restaurants under the concept names of Del Frisco’s Double Eagle Steak House (“Del Frisco’s”), Sullivan’s Steakhouse (“Sullivan’s”), and Del Frisco’s Grille (“Grille”). Of the 41 restaurants the Company operated at the end of the period covered by this report, there were 10 Del Frisco’s restaurants, 19 Sullivan’s restaurants and 12 Grille restaurants in operation in 20 states throughout the United States of America. One new Grille location opened during the 24 weeks ended June 17, 2014 in Burlington, Massachusetts.

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information. Accordingly, they do not include all the information and disclosures required by GAAP for complete financial statements. Operating results for the 12 and 24 weeks ended June 17, 2014 are not necessarily indicative of the results that may be expected for the fiscal year ending December 30, 2014. In the opinion of management, the unaudited condensed consolidated financial statements include all adjustments, consisting of normal recurring adjustments, considered necessary for a fair presentation. These unaudited condensed consolidated financial statements and related notes should be read in conjunction with the consolidated financial statements and notes for the fiscal year ended December 31, 2013 included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013 filed with the SEC on February 28, 2014.

The Company operates on a 52- or 53-week fiscal year ending the last Tuesday in December. The fiscal quarters ended June 17, 2014 and June 11, 2013 each contained 12 weeks and are referred to herein as the second quarter of fiscal year 2014 and the second quarter of fiscal year 2013, respectively. Fiscal year 2014 will be a 52-week fiscal year and fiscal year 2013 was a 53-week fiscal year.