XML 60 R45.htm IDEA: XBRL DOCUMENT v3.10.0.1
Selected Quarterly Financial and Earnings Data (Unaudited) (Tables)
12 Months Ended
Dec. 30, 2018
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information [Table Text Block]
Selected Quarterly Financial Data (Unaudited)  
 
Year Ended December 30, 2018
 
 
First Quarter 
 
Second Quarter  
 
Third Quarter
 
Fourth Quarter
 
Restaurant sales
$
271,586

(1)
$
303,050

 
$
296,917

(1)
$
307,754

(1)
Income from operations
2,664

(1)(2)
13,833

(1)(2)
9,668

(1)(2)
7,190

(1)(2)
Net income
(3,102)

 
7,788

 
3,611

 
1,807

 
Basic and diluted net income per share
(0.09
)
 
0.17

 
0.08

 
0.04

 
Restaurants at end of period
807

 
807

 
838

 
849

 
 
 
 
 
Year Ended December 31, 2017
 
 
First Quarter  
 
Second Quarter  
 
Third Quarter
 
Fourth Quarter
 
Restaurant sales
$
239,852

(3)
$
279,478

(3)
$
285,235

 
$
283,967

(3)
Income from operations
(1,406)

(3)(4)
12,335

(3)(4)
8,684

(3)(4)
9,860

(3)(4)
Net income
(5,596)

 
6,039

 
2,795

 
3,921

 
Basic and diluted net income per share
(0.16
)
 
0.13

 
0.06

 
0.09

 
Restaurants at end of period
788

 
799

 
798

 
807

 
 
(1)
In fiscal 2018 the Company acquired one restaurant in the first quarter in a bargain purchase, 33 restaurants in the third quarter, and ten restaurants in the fourth quarter (See Note 2). In fiscal 2018 the Company recorded acquisition costs related to the 2018 acquisitions of $0.1 million in the first quarter, $0.1 million in the second quarter, $0.8 million in the third quarter and $0.4 million in the fourth quarter (See Note 2).
(2)
In fiscal 2018 the Company recorded impairment and other lease charges of $0.3 million in the first quarter, $2.9 million in the second quarter, $0.2 million in the third quarter and $0.3 million in the fourth quarter (See Note 5).
(3)
In fiscal 2017 the Company acquired 43 restaurants in the first quarter, 17 restaurants in the second quarter, and four restaurants in the fourth quarter (See Note 2). In fiscal 2017 the Company recorded acquisition costs related to the 2017 and 2016 acquisitions of $0.7 million in the first quarter, $0.5 million in the second quarter, $0.5 million in the third quarter and $0.1 million in the fourth quarter (See Note 2).
(4)
In fiscal 2017 the Company recorded impairment and other lease charges of $0.5 million in the first quarter, $0.4 million in the second quarter, $1.0 million in the third quarter and $0.8 million in the fourth quarter (See Note 5).