XML 30 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 25, 2014
Jun. 26, 2013
Jun. 25, 2014
Jun. 26, 2013
Revenue        
Company-operated restaurant revenue $ 81,358 $ 76,520 $ 157,571 $ 148,589
Franchise revenue 5,546 5,207 10,760 10,133
Total revenue 86,904 81,727 168,331 158,722
Cost of operations        
Food and paper cost 25,930 24,207 49,953 46,903
Labor and related expenses 20,102 19,218 39,415 38,288
Occupancy and other operating expenses 16,945 15,874 32,989 31,398
Company restaurant expenses 62,977 59,299 122,357 116,589
General and administrative expenses 6,835 6,298 13,465 12,491
Franchise expenses 943 981 1,926 1,950
Depreciation and amortization 2,752 2,541 5,347 4,945
Loss on disposal of assets 215 391 491 581
Asset impairment and close-store reserves 340 36 393 101
Total expenses 74,062 69,546 143,979 136,657
Income from operations 12,842 12,181 24,352 22,065
Interest expense, net 5,703 9,800 11,326 19,580
Income before provision for income taxes 7,139 2,381 13,026 2,485
Provision for income taxes (570) (1,971) (987) (2,135)
Net income $ 6,569 $ 410 $ 12,039 $ 350
Net income per share        
Basic $ 0.23 $ 0.01 $ 0.42 $ 0.01
Diluted $ 0.21 $ 0.01 $ 0.39 $ 0.01
Weighted-average shares used in computing net income per share        
Basic 28,715,485 28,712,622 28,714,053 28,712,622
Diluted 30,596,998 28,999,093 30,595,565 28,999,093