XML 16 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Consolidated Statements Of Comprehensive Income - USD ($)
3 Months Ended
Mar. 31, 2024
Apr. 02, 2023
Revenues:    
Revenue $ 452,192,000 $ 445,162,000
Costs and expenses:    
Food, beverage and packaging costs 118,166,000 125,443,000
Restaurant wages and related expenses 150,785,000 146,324,000
Restaurant rent expense (Note 6) 32,025,000 31,834,000
Other restaurant operating expenses 74,037,000 69,132,000
Advertising expense 18,459,000 17,898,000
General and administrative expenses (including stock-based compensation of $1,989 and $1,097, respectively) 30,826,000 25,740,000
Depreciation and amortization 18,512,000 18,718,000
Impairment and other lease charges 1,356,000 1,340,000
Other income, net (Note 14) (2,041,000) (1,506,000)
Total operating expenses 442,125,000 434,923,000
Income from operations 10,067,000 10,239,000
Interest expense 6,413,000 8,233,000
Income before income taxes 3,654,000 2,006,000
Provision (benefit) for income taxes (10,000) 1,142,000
Net income $ 3,664,000 $ 864,000
Basic net income (loss) per share (in dollars per share) $ 0.06 $ 0.01
Diluted net income (loss) per share (in shares) $ 0.06 $ 0.01
Weighted average common shares outstanding:    
Weighted average common shares outstanding (in shares) 52,325,476 51,422,010
Shares used in computing diluted net income (loss) per share (in shares) 64,221,877 61,420,034
Other comprehensive income (loss), net of tax:    
Net income $ 3,664,000 $ 864,000
Change in valuation of interest rate swap (Note 7) (131,000) (1,137,000)
Comprehensive income (loss) $ 3,533,000 $ (273,000)