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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Jan. 02, 2022
Jan. 03, 2021
Dec. 29, 2019
Costs and expenses:      
Depreciation and amortization $ 20,600 $ 22,000 $ 22,200
Impairment and other lease charges 1,670 9,139 13,101
Income (loss) from continuing operations before income taxes (7,002) (10,430) 9,835
Provision for (benefit from) income taxes 1,083 (7,044) 11,830
Loss from continuing operations (8,085) (3,386) (1,995)
Income (loss) from discontinued operations, net of tax 18,455 (6,825) (82,391)
Net income (loss) $ 10,370 $ (10,211) $ (84,386)
Earnings (loss) per common share:      
Continuing operations – basic $ (0.31) $ (0.13) $ (0.07)
Discontinued operations – basic 0.71 (0.27) (3.11)
Basic (usd per share) 0.40 (0.40) (3.18)
Continuing operations – diluted (0.31) (0.13) (0.07)
Discontinued operations – diluted 0.71 (0.27) (3.11)
Diluted (usd per share) $ 0.40 $ (0.40) $ (3.18)
Weighted average common shares outstanding:      
Basic (in shares) 25,356,339 25,341,415 26,500,356
Diluted (in shares) 25,356,339 25,341,415 26,500,356
Continuing Operations      
Revenues:      
Revenues $ 357,277 $ 315,358 $ 363,473
Costs and expenses:      
Cost of sales 108,593 100,080 115,119
Restaurant wages and related expenses (including stock-based compensation expense of $53, $73, and $70, respectively) 91,669 74,328 84,909
Restaurant rent expense 23,592 22,773 22,050
Other restaurant operating expenses 57,430 47,823 50,274
Advertising expense 11,508 8,379 12,353
General and administrative (including stock-based compensation expense of $4,163, $2,681, and $2,320, respectively) 45,524 39,848 41,905
Depreciation and amortization 20,574 22,009 22,186
Pre-opening costs 0 0 380
Impairment and other lease charges 1,538 8,023 15
Closed restaurant rent expense, net of sublease income 2,999 4,331 3,260
Other expense (income), net 478 (2,098) 862
Total operating expenses 363,905 325,496 353,313
Income (loss) from operations (6,628) (10,138) 10,160
Interest expense 374 292 325
Income (loss) from continuing operations before income taxes (7,002) (10,430) 9,835
Provision for (benefit from) income taxes 1,083 (7,044) 11,830
Income (loss) from discontinued operations, net of tax 18,455 6,825 82,391
Net income (loss) 10,370 (10,211) (84,386)
Continuing Operations | Restaurant sales      
Revenues:      
Revenues 355,492 314,112 361,693
Continuing Operations | Franchise royalty revenues and fees      
Revenues:      
Revenues $ 1,785 $ 1,246 $ 1,780