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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 27, 2017
Sep. 28, 2016
Sep. 27, 2017
Sep. 28, 2016
Revenue        
Company-operated restaurant revenue $ 94,982 $ 89,738 $ 287,316 $ 268,984
Franchise revenue 6,173 6,078 19,183 18,660
Total revenue 101,155 95,816 306,499 287,644
Cost of operations        
Food and paper cost 27,851 26,960 84,069 80,760
Labor and related expenses 27,514 24,455 80,939 73,323
Occupancy and other operating expenses 22,242 20,071 64,358 58,401
Gain on recovery of insurance proceeds, lost profit 0 (502) 0 (502)
Company restaurant expenses 77,607 70,984 229,366 211,982
General and administrative expenses 8,285 8,252 27,594 25,776
Franchise expenses 709 797 2,532 2,960
Depreciation and amortization 4,697 4,074 13,646 11,796
Loss on disposal of assets 65 58 724 524
Expenses related to fire loss 0 0 0 48
Gain On Business Interruption Insurance Recovery Property Equipment And Expenses 0 (148) 0 741
Recovery of securities lawsuits related legal expenses (634) 0 (1,145) 0
Asset impairment and closed-store reserves 16,038 2,490 17,293 2,624
Total expenses 106,767 86,803 290,010 254,969
(Loss) gain on disposition of restaurants 0 (5) 0 28
(Loss) income from operations (5,612) 9,008 16,489 32,703
Interest expense, net of interest income of $6 and $7 for the quarters ended September 27, 2017 and September 28, 2016, respectively and $17 and $22 for year-to-date ended September 27, 2017 and September 28, 2016, respectively. 903 785 2,471 2,441
Income tax receivable agreement (income) expense (19) 182 107 411
(Loss) income before (benefit) provision for income taxes (6,496) 8,041 13,911 29,851
(Benefit) provision for income taxes (2,457) 2,830 5,254 11,930
Net (loss) income $ (4,039) $ 5,211 $ 8,657 $ 17,921
Net (loss) income per share        
Basic (usd per share) $ (0.11) $ 0.14 $ 0.23 $ 0.47
Diluted (usd per share) $ (0.11) $ 0.13 $ 0.22 $ 0.46
Weighted-average shares used in computing net (loss) income per share        
Basic (shares) 38,462,100 38,415,189 38,449,453 38,331,400
Diluted (shares) 38,462,100 39,083,577 39,101,214 39,020,127