XML 21 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements Of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 29, 2020
Mar. 31, 2019
Revenues:    
Revenue $ 351,518 $ 290,789
Costs and expenses:    
Cost of sales 102,927 82,575
Restaurant wages and related expenses 124,575 100,192
Restaurant rent expense 29,454 21,916
Other restaurant operating expenses 57,978 45,605
Advertising expense 13,876 11,872
General and administrative (including stock-based compensation expense of $1,132 and $1,526 respectively) 20,787 19,724
Depreciation and amortization 21,031 15,292
Impairment and other lease charges 2,881 910
Other expense (income), net 56 (2,129)
Total operating expenses 373,565 295,957
Loss from operations (22,047) (5,168)
Interest expense 7,140 5,947
Loss before income taxes (29,187) (11,115)
Provision (benefit) for income taxes (6,978) 354
Net loss $ (22,209) $ (11,469)
Basic and diluted net income (loss) per share $ (0.44) $ (0.32)
Shares used in computing net loss per share:    
Basic and diluted weighted average common shares outstanding 50,821,101 36,045,137
Other comprehensive income (loss), net of tax:    
Net loss $ (22,209) $ (11,469)
Change in valuation of interest rate swap (Note 7) (5,209) 0
Comprehensive loss $ (27,418) $ (11,469)