Note 13 - Segment Reporting

12 Months Ended

Jun. 03, 2014

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

13.  Segment Reporting

Our President and Chief Executive Officer, who is our CODM, with the assistance of our senior management, reviews discrete financial information for both the Ruby Tuesday and Lime Fresh restaurant concepts to assess performance and allocate resources. We consider the Ruby Tuesday and Lime Fresh concepts to be our reportable segments as we do not believe they have similar economic and other characteristics to be aggregated into a single reportable segment. Financial results by reportable segment for fiscal 2014, 2013, and 2012 are as follows (in thousands):

	Fiscal Year
	2014			2013			2012
Revenues:
Ruby Tuesday concept	$	1,147,348		$	1,234,730		$	1,308,385
Lime Fresh concept		21,398			16,757			3,378
Total revenues	$	1,168,746		$	1,251,487		$	1,311,763
Segment profit:
Ruby Tuesday concept	$	69,543		$	111,367		$	123,517
Lime Fresh concept		(6,070	)		(10,204	)		(1,954	)
Total segment profit	$	63,473		$	101,163		$	121,563
Depreciation and amortization:
Ruby Tuesday concept	$	51,219		$	57,900		$	63,798
Lime Fresh concept		1,259			2,196			366
Support center and other		2,350			2,302			2,294
Total depreciation and amortization	$	54,828		$	62,398		$	66,458
Capital expenditures:
Ruby Tuesday concept	$	24,553		$	22,609		$	23,421
Lime Fresh concept		2,742			10,036			6,675
Support center and other		1,044			4,472			7,870
Total capital expenditures	$	28,339		$	37,117		$	37,966
Total assets:
Ruby Tuesday concept	$	824,293		$	893,750		$	978,473
Lime Fresh concept		15,203			18,943			31,491
Support center and other		116,931			130,490			163,573
Total assets	$	956,427		$	1,043,183		$	1,173,537

The following is a reconciliation of segment profit to loss from continuing operations before taxes for fiscal 2014, 2013, and 2012 (in thousands):

	2014			2013			2012
Segment profit	$	63,473		$	101,163		$	121,563
Less:
Depreciation and amortization		(54,828	)		(62,398	)		(66,458	)
Unallocated general and administrative expenses		(47,946	)		(18,026	)		(22,069	)
Preopening expenses		(395	)		(761	)		(556	)
Goodwill and trademark impairments		(855	)		(14,058	)		(16,919	)
Interest expense, net		(24,945	)		(26,576	)		(23,312	)
Other expense, net		(4,079	)		(1,278	)		(875	)
Loss from continuing operations before income taxes	$	(69,575	)	$	(21,934	)	$	(8,626	)