XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements Of Comprehensive Income - USD ($)
3 Months Ended 6 Months Ended
Jun. 28, 2021
Jun. 28, 2020
Jun. 28, 2021
Jun. 28, 2020
Revenues:        
Revenue $ 424,541,000 $ 368,418,000 $ 814,534,000 $ 719,936,000
Costs and expenses:        
Food, beverage and packaging costs 126,424,000 104,703,000 240,214,000 207,630,000
Restaurant wages and related expenses 137,592,000 111,888,000 267,238,000 236,463,000
Restaurant rent expense 30,591,000 28,984,000 60,905,000 58,438,000
Other restaurant operating expenses 65,128,000 54,310,000 126,547,000 112,288,000
Advertising expense 16,939,000 14,416,000 32,308,000 28,292,000
General and administrative expenses (including stock-based compensation of $1,614, $1,109, $3,083 and $2,241 respectively) 20,698,000 18,581,000 42,067,000 39,368,000
Depreciation and amortization 20,421,000 20,296,000 41,030,000 41,327,000
Impairment and other lease charges 144,000 2,941,000 497,000 5,822,000
Other expense (income), net   (2,003,000)    
Total operating expenses 418,652,000 354,116,000 811,748,000 727,681,000
Income (loss) from operations 5,889,000 14,302,000 2,786,000 (7,745,000)
Interest expense 6,942,000 6,370,000 13,668,000 13,510,000
Income (loss) before income taxes (9,591,000) 7,932,000 (19,420,000) (21,255,000)
Provision (benefit) for income taxes (32,000) 90,000 (2,693,000) (6,888,000)
Net income (loss) $ (9,559,000) $ 7,842,000 $ (16,727,000) $ (14,367,000)
Basic and diluted net income (loss) per share $ (0.19) $ 0.13 $ (0.34) $ (0.28)
Weighted average common shares outstanding:        
Weighted average common shares outstanding (in shares) 49,917,296 50,916,758 49,870,718 50,868,929
Shares used in computing diluted net income (loss) per share (in shares) 49,917,296 60,331,817 49,870,718 50,868,929
Other comprehensive income (loss), net of tax:        
Net income (loss) $ (9,559,000) $ 7,842,000 $ (16,727,000) $ (14,367,000)
Change in valuation of interest rate swap (Notes 5 and 7) (504,000) (2,178,000) 2,655,000 (7,387,000)
Comprehensive income (loss) (10,063,000) 5,664,000 (14,072,000) (21,754,000)
Gain (Loss) on Extinguishment of Debt 8,538,000 0 8,538,000 0
Stock-based compensation $ 1,614,000 $ 1,109,000 $ 3,083,000 $ 2,241,000