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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 29, 2017
Mar. 30, 2016
Revenue    
Company-operated restaurant revenue $ 93,449 $ 88,369
Franchise revenue 6,322 5,985
Total revenue 99,771 94,354
Cost of operations    
Food and paper cost 27,072 26,768
Labor and related expenses 26,833 24,507
Occupancy and other operating expenses 20,542 18,834
Company restaurant expenses 74,447 70,109
General and administrative expenses 9,733 9,237
Franchise expenses 817 924
Depreciation and amortization 4,317 3,758
Loss on disposal of assets 225 199
Expenses related to fire loss 0 48
Gain on recovery of insurance proceeds, property, equipment and expenses 0 (289)
Asset impairment and closed-store reserves 871 74
Total expenses 90,410 84,060
Income from operations 9,361 10,294
Interest expense-net of interest income of $5 and $7 for the quarters ended March 29, 2017 and March 30, 2016, respectively 790 826
Income tax receivable agreement expense 227 264
Income before provision for income taxes 8,344 9,204
Provision for income taxes 3,467 3,761
Net income $ 4,877 $ 5,443
Net income per share    
Basic (usd per share) $ 0.13 $ 0.14
Diluted (usd per share) $ 0.12 $ 0.14
Weighted-average shares used in computing net income per share    
Basic (shares) 38,437,020 38,284,435
Diluted (shares) 39,079,007 39,001,078