Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 03, 2021
Oct. 04, 2020
Oct. 03, 2021
Oct. 04, 2020
Revenues:        
Total revenues $ 275,444 $ 200,478 $ 878,694 $ 667,665
Restaurant operating costs (excluding depreciation and amortization shown separately below):        
Cost of sales 62,671 46,037 193,754 155,243
Labor 99,725 74,344 310,333 255,652
Other operating 51,462 37,631 156,102 124,585
Occupancy 22,519 22,099 74,233 76,514
Depreciation and amortization 18,881 19,173 63,984 68,053
General and administrative expenses 17,691 15,190 57,664 56,054
Selling expenses 12,652 6,094 31,635 26,429
Pre-opening costs 418 89 792 245
Other charges 1,561 4,416 9,228 138,296
Total costs and expenses 287,580 225,073 897,725 901,071
Loss from operations (12,136) (24,595) (19,031) (233,406)
Other expense:        
Interest expense, net and other 2,870 2,280 9,986 7,629
Loss before income taxes (15,006) (26,875) (29,017) (241,035)
Income tax benefit (26) (20,696) (328) (4,297)
Net loss $ (14,980) $ (6,179) $ (28,689) $ (236,738)
Loss per share:        
Basic (in dollars per share) $ (0.95) $ (0.40) $ (1.83) $ (16.98)
Diluted (in dollars per share) $ (0.95) $ (0.40) $ (1.83) $ (16.98)
Weighted average shares outstanding:        
Basic (in shares) 15,709 15,540 15,647 13,945
Diluted (in shares) 15,709 15,540 15,647 13,945
Other comprehensive (loss) income:        
Foreign currency translation adjustment $ (6) $ 9 $ 14 $ (1,121)
Other comprehensive (loss) income, net of tax (6) 9 14 (1,121)
Total comprehensive loss (14,986) (6,170) (28,675) (237,859)
Restaurant revenue        
Revenues:        
Total revenues 270,202 197,009 861,036 658,587
Franchise and other revenues        
Revenues:        
Total revenues $ 5,242 $ 3,469 $ 17,658 $ 9,078