CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Oct. 02, 2016 |
Oct. 04, 2015 |
Oct. 02, 2016 |
Oct. 04, 2015 |
|
| Revenues: | ||||
| Restaurant revenue | $ 293,858 | $ 279,496 | $ 992,745 | $ 956,709 |
| Franchise royalties, fees, and other revenues | 3,449 | 3,916 | 12,237 | 14,583 |
| Total revenues | 297,307 | 283,412 | 1,004,982 | 971,292 |
| Restaurant operating costs (excluding depreciation and amortization shown separately below): | ||||
| Cost of sales | 69,447 | 68,197 | 232,603 | 237,812 |
| Labor | 102,294 | 92,097 | 338,125 | 309,966 |
| Other operating | 42,463 | 36,144 | 132,446 | 118,084 |
| Occupancy | 25,121 | 22,804 | 82,524 | 76,161 |
| Depreciation and amortization | 21,468 | 18,618 | 64,578 | 58,881 |
| Selling, general, and administrative expenses | 29,046 | 31,608 | 107,353 | 113,795 |
| Pre-opening and acquisition costs | 2,382 | 2,239 | 6,992 | 4,563 |
| Asset impairment and restaurant closure costs | 9,321 | 0 | 14,006 | 0 |
| Total costs and expenses | 301,542 | 271,707 | 978,627 | 919,262 |
| Income (loss) from operations | (4,235) | 11,705 | 26,355 | 52,030 |
| Other expense: | ||||
| Interest expense, net and other | 1,612 | 1,098 | 4,736 | 3,062 |
| Income (loss) before income taxes | (5,847) | 10,607 | 21,619 | 48,968 |
| Provision (benefit) for income taxes | (4,547) | 2,325 | 1,142 | 12,955 |
| Net income (loss) | $ (1,300) | $ 8,282 | $ 20,477 | $ 36,013 |
| Earnings (loss) per share: | ||||
| Basic (in dollars per share) | $ (0.10) | $ 0.59 | $ 1.52 | $ 2.55 |
| Diluted (in dollars per share) | $ (0.10) | $ 0.58 | $ 1.50 | $ 2.52 |
| Weighted average shares outstanding: | ||||
| Basic (in shares) | 13,214 | 14,138 | 13,471 | 14,115 |
| Diluted (in shares) | 13,214 | 14,308 | 13,606 | 14,297 |
| X | ||||||||||
- Definition Asset Impairment Charges and Restaurant Closure Costs No definition available.
|
| X | ||||||||||
- Definition Revenue earned during the period from consideration (often a percentage of the franchisee's sales) received for the right to operate a business using the entity's name, merchandise, services, methodologies, promotional support, marketing, and supplies. As well as, aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). No definition available.
|
| X | ||||||||||
- Definition The net amount of nonoperating interest income (expense). As well as, the net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items. No definition available.
|
| X | ||||||||||
- Definition Pre-Opening and Acquisition Costs No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Payroll costs incurred (including equity-based compensation) that are directly related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Cost of materials used in goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Total costs of sales and operating expenses for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Revenue from sale of food (prepared and cooked-to-order foodstuffs, as well as snack items) and beverages (bottled or on-tap alcoholic beverages, as well as nonalcoholic beverages like carbonated drinks, juices, energy/sports drinks, water, coffee, and tea). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of rent expense incurred for leased assets, including but not limited to, furniture and equipment, that is not directly or indirectly associated with the manufacture, sale or creation of a product or product line. No definition available.
|
| X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
|
| X | ||||||||||
- Definition The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|