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Note 14 - Supplemental Quarterly Financial Data (Unaudited)
12 Months Ended
Jun. 06, 2017
Notes to Financial Statements  
Quarterly Financial Information [Text Block]
14.
Supplemental Quarterly Financial Data (Unaudited)
 
Quarterly financial results for the fiscal years ended
June 6, 2017
and
May 31, 2016,
are summarized below.

(In thousands, except per-share data)
 
   
For the Fiscal Year Ended June 6, 2017
 
   
First
Quarter
   
Second
Quarter
   
Third
Quarter
   
Fourth
Quarter
   
 
Total
 
                                         
Revenues
  $
256,657
    $
214,719
    $
225,732
    $
254,863
    $
951,971
 
Gross profit*
  $
36,497
    $
25,539
    $
36,226
    $
47,473
    $
145,735
 
                                         
Loss before income taxes
  $
(41,386
)
  $
(37,920
)
  $
(19,889
)
  $
(8,661
)
  $
(107,856
)
(
Benefit) provision for income taxes
   
(1,694
)
   
36
     
(84
)
   
26
     
(1,716
)
Net loss
  $
(39,692
)
  $
(37,956
)
  $
(19,805
)
  $
(8,687
)
  $
(106,140
)
                                         
Basic loss per share:
                                       
Net loss per share **
  $
(0.66
)
  $
(0.63
)
  $
(0.33
)
  $
(0.14
)
  $
(1.76
)
                                         
Diluted loss per share:
                                       
Net loss per share **
  $
(0.66
)
  $
(0.63
)
  $
(0.33
)
  $
(0.14
)
  $
(1.76
)
 
   
For the Fiscal Year Ended May 31, 2016
 
   
First
Quarter
   
Second
Quarter
   
Third
Quarter
   
Fourth
Quarter
   
 
Total
 
                                         
Revenues
  $
279,480
    $
260,956
    $
271,470
    $
279,322
    $
1,091,228
 
Gross profit*
  $
45,697
    $
41,982
    $
47,659
    $
53,282
    $
188,620
 
                                         
Loss before income taxes
  $
(5,217
)
  $
(15,979
)
  $
(3,569
)
  $
(28,097
)
  $
(52,862
)
Benefit for income taxes
   
(1,023
)
   
(180
)
   
(483
)
   
(494
)
   
(2,180
)
Net loss
  $
(4,194
)
  $
(15,799
)
  $
(3,086
)
  $
(27,603
)
  $
(50,682
)
                                         
Basic loss per share:
                                       
Net loss per share **
  $
(0.07
)
  $
(0.26
)
  $
(0.05
)
  $
(0.46
)
  $
(0.83
)
                                         
Diluted loss per share:
                                       
Net loss per share **
  $
(0.07
)
  $
(0.26
)
  $
(0.05
)
  $
(0.46
)
  $
(0.83
)
 
* We define gross profit as revenue less cost of goods sold, payroll and related costs, and other restaurant operating costs.
  As previously discussed in Note
1
to the Consolidated Financial Statements, we reclassified amortization of intangible assets from other restaurant operating costs to depreciation and amortization in the Consolidated Statements of Operations and Comprehensive Loss for the prior fiscal year to be comparable with the classification for the fiscal year ended
June 6, 2017.
 
** The sum of the quarterly
loss per share does
not
equal the reported annual amount as each is computed independently based upon the weighted average number of shares outstanding for the period.