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CONDENSED CONSOLIDATED STATEMENT OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 24, 2020
Jun. 26, 2019
Jun. 24, 2020
Jun. 26, 2019
TOTAL REVENUE $ 91,786 $ 152,713 $ 234,956 $ 285,322
Shack-level operating expenses:        
Food and paper costs 30,027 42,899 69,591 80,890
Labor and related expenses 30,933 40,197 72,699 77,290
Other operating expenses 14,304 16,755 32,083 32,323
Occupancy and related expenses 12,323 11,873 24,881 22,772
General and administrative expenses 14,017 15,393 30,208 29,330
Depreciation expense 12,089 9,799 23,857 18,765
Pre-opening costs 1,734 3,549 3,977 6,191
Impairment and loss on disposal of assets 434 377 2,522 728
TOTAL EXPENSES 115,861 140,842 259,818 268,289
OPERATING INCOME (LOSS) (24,075) 11,871 (24,862) 17,033
Other income (loss), net 394 447 301 1,011
Interest expense (442) (97) (554) (169)
INCOME (LOSS) BEFORE INCOME TAXES (24,123) 12,221 (25,115) 17,875
Income tax expense (benefit) (6,092) 1,050 (6,005) 3,097
NET INCOME (LOSS) (18,031) 11,171 (19,110) 14,778
Less: net income (loss) attributable to non-controlling interests (1,820) 2,141 (1,939) 3,202
NET INCOME (LOSS) ATTRIBUTABLE TO SHAKE SHACK INC. $ (16,211) $ 9,030 $ (17,171) $ 11,576
Earnings (loss) per share of Class A common stock:        
Basic (in dollars per share) $ (0.43) $ 0.30 $ (0.48) $ 0.39
Diluted (in dollars per share) $ (0.43) $ 0.29 $ (0.48) $ 0.38
Weighted-average shares of Class A common stock outstanding:        
Basic (in shares) 37,309 30,122 35,876 29,842
Diluted (in shares) 37,309 31,015 35,876 30,703
Shack sales        
TOTAL REVENUE $ 89,519 $ 147,876 $ 227,567 $ 276,445
Licensing revenue        
TOTAL REVENUE $ 2,267 $ 4,837 $ 7,389 $ 8,877