Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands
4 Months Ended
Apr. 17, 2016
Apr. 19, 2015
Revenues:    
Restaurant revenue $ 396,770,000 $ 388,509,000
Franchise royalties, fees, and other revenues 5,356,000 6,392,000
Total revenues 402,126,000 394,901,000
Restaurant operating costs (excluding depreciation and amortization shown separately below):    
Cost of sales 92,325,000 97,950,000
Labor 132,984,000 124,356,000
Other operating 49,708,000 46,584,000
Occupancy 32,498,000 30,147,000
Depreciation and amortization 23,951,000 23,003,000
Selling, general, and administrative expenses 47,288,000 48,061,000
Pre-opening and acquisition costs 2,372,000 955,000
Asset impairment 825,000 0
Total costs and expenses 381,951,000 371,056,000
Income from operations 20,175,000 23,845,000
Other expense:    
Interest expense, net and other 1,638,000 1,060,000
Income before income taxes 18,537,000 22,785,000
Provision for income taxes 4,312,000 6,220,000
Net income $ 14,225,000 $ 16,565,000
Earnings per share:    
Basic (in dollars per share) $ 1.04 $ 1.18
Diluted (in dollars per share) $ 1.03 $ 1.16
Weighted average shares outstanding:    
Basic (in shares) 13,635 14,077
Diluted (in shares) 13,783 14,275