Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 12, 2020
Jul. 14, 2019
Jul. 12, 2020
Jul. 14, 2019
Revenues:        
Total revenues $ 161,122 $ 307,981 $ 467,187 $ 717,847
Restaurant operating costs (excluding depreciation and amortization shown separately below):        
Cost of sales 38,780 72,387 109,206 166,102
Labor 62,742 106,538 181,308 249,432
Other operating 34,663 43,000 86,954 98,565
Occupancy 20,758 25,458 54,415 60,478
Depreciation and amortization 20,560 21,369 48,880 49,807
Selling, general, and administrative expenses 19,697 35,234 61,199 83,350
Pre-opening costs 3 0 156 319
Other charges 14,501 16,847 133,880 19,245
Total costs and expenses 211,704 320,833 675,998 727,298
Loss from operations (50,582) (12,852) (208,811) (9,451)
Other expense:        
Interest expense, net and other 1,979 2,153 5,349 5,391
Loss before income taxes (52,561) (15,005) (214,160) (14,842)
Income tax provision (benefit) 3,700 (15,986) 16,399 (16,462)
Net (loss) income $ (56,261) $ 981 $ (230,559) $ 1,620
(Loss) earnings per share:        
Basic (in dollars per share) $ (4.09) $ 0.08 $ (17.38) $ 0.12
Diluted (in dollars per share) $ (4.09) $ 0.08 $ (17.38) $ 0.12
Weighted average shares outstanding:        
Basic (in shares) 13,741 12,970 13,262 12,969
Diluted (in shares) 13,741 13,043 13,262 13,047
Other comprehensive income (loss):        
Foreign currency translation adjustment $ 17 $ 406 $ (1,130) $ 77
Other comprehensive income (loss), net of tax 17 406 (1,130) 77
Total comprehensive (loss) income (56,244) 1,387 (231,689) 1,697
Restaurant revenue        
Revenues:        
Total revenues 160,144 302,418 461,578 702,902
Franchise and other revenues        
Revenues:        
Total revenues $ 978 $ 5,563 $ 5,609 $ 14,945