XML 24 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except share and per share amounts) (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Mar. 30, 2014
Mar. 24, 2013
Mar. 30, 2014
Mar. 24, 2013
Revenues:        
REVENUES: $ 10,912 $ 9,781 $ 31,281 $ 30,767
COSTS AND EXPENSES:        
Cost of sales 9,570 8,460 27,028 26,127
General and administrative expenses 1,130 840 3,314 2,995
Franchise expenses 677 608 2,150 1,675
Pre-opening expenses 4 82 160 249
Bad debt 93 45 203 135
Interest expense 34 58 113 197
Total Expenses 11,508 10,093 32,968 31,378
LOSS FROM CONTINUING OPERATIONS BEFORE TAXES (596) (312) (1,687) (611)
Income tax benefit (159) (22) (527) (170)
LOSS FROM CONTINUING OPERATIONS (437) (290) (1,160) (441)
Loss from discontinued operations, net of taxes (14) (100) (39) (127)
NET LOSS $ (451) $ (390) $ (1,199) $ (568)
EARNINGS PER SHARE OF COMMON STOCK - BASIC:        
Loss from continuing operations $ (0.05) $ (0.04) $ (0.14) $ (0.05)
Loss from discontinued operations $ 0 $ (0.01) $ 0 $ (0.02)
Net loss $ (0.05) $ (0.05) $ (0.14) $ (0.07)
EARNINGS PER SHARE OF COMMON STOCK - DILUTED:        
Loss from continuing operations $ (0.05) $ (0.04) $ (0.13) $ (0.05)
Loss from discontinued operations $ 0 $ (0.01) $ 0 $ (0.02)
Net loss $ (0.05) $ (0.05) $ (0.13) $ (0.07)
Weighted average common shares outstanding - basic 8,771 8,021 8,566 8,021
Weighted average common and potential dilutive common shares outstanding 9,290 8,267 9,109 8,198