v3.21.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 26, 2021
Sep. 27, 2020
Sep. 26, 2021
Sep. 27, 2020
Revenues:        
Revenues $ 104,187 $ 63,423 $ 302,381 $ 200,376
Costs and expenses:        
Marketing and advertising 2,436 889 7,661 5,285
General and administrative costs 7,721 7,572 23,691 22,668
Depreciation and amortization expenses 4,985 5,316 15,131 16,660
Pre-opening costs 581 403 1,185 1,185
Loss/(Gain) on lease modifications   310   (178)
Loss on impairment   3,272 394 16,253
Total costs and expenses 95,154 68,538 265,004 233,660
Operating income (loss) 9,033 (5,115) 37,377 (33,284)
Other income (expense):        
Interest expense, net (678) (1,422) (3,109) (3,341)
Other (18) (48) 61 (12)
Income (loss) before income taxes 8,337 (6,585) 34,329 (36,637)
Income tax expense (benefit) 1,398 (1,284) 5,854 (9,920)
Net income (loss) $ 6,939 $ (5,301) $ 28,475 $ (26,717)
Basic earnings (loss) per common share $ 0.20 $ (0.15) $ 0.83 $ (0.87)
Diluted earnings (loss) per common share $ 0.20 $ (0.15) $ 0.82 $ (0.87)
Shares used in computing earnings (loss) per common share:        
Basic (in shares) 34,421,570 34,240,318 34,367,518 30,826,304
Diluted (in shares) 34,592,930 34,240,318 34,606,611 30,826,304
Cash dividends declared per common share       $ 0.15
Restaurant Sales [Member]        
Revenues:        
Revenues $ 97,537 $ 58,594 $ 283,339 $ 188,611
Franchise Income [Member]        
Revenues:        
Revenues 4,742 3,511 13,062 8,094
Other Operating Income [Member]        
Revenues:        
Revenues 1,908 1,318 5,980 3,671
Food and Beverage [Member]        
Costs and expenses:        
Cost of goods sold 33,401 15,908 87,929 54,563
Restaurant Operating Expenses [Member]        
Costs and expenses:        
Cost of goods sold $ 46,030 $ 34,868 $ 129,013 $ 117,224

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