Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

v3.5.0.2
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