| Quarterly Financial Data (Unaudited) |
Quarterly Financial Data (Unaudited)
The following tables set forth certain unaudited consolidated financial information for each of the four quarters in fiscal years 2019 and 2018:
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2019 |
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March 31 |
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June 30 |
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September 29 |
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December 29 |
Revenue |
$ |
102,111 |
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|
$ |
113,132 |
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|
$ |
109,082 |
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|
$ |
102,032 |
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Income (loss) from operations (1) (2)
|
3,371 |
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|
6,346 |
|
|
(3,202 |
) |
|
(3,079 |
) |
Net income (loss) (1) (2)
|
3,217 |
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|
6,245 |
|
|
(1,817 |
) |
|
(1,430 |
) |
Basic net income (loss) per share |
$ |
0.19 |
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$ |
0.37 |
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|
$ |
(0.11 |
) |
|
$ |
(0.09 |
) |
Diluted net income (loss) per share |
$ |
0.19 |
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|
$ |
0.37 |
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|
$ |
(0.11 |
) |
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$ |
(0.09 |
) |
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2018 |
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April 1 |
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July 1 |
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September 30 |
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December 30 |
Revenue |
$ |
93,850 |
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|
$ |
106,340 |
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|
$ |
101,175 |
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$ |
96,835 |
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Income (loss) from operations (3)
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3,675 |
|
|
7,190 |
|
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(9,040 |
) |
|
1,443 |
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Net income (loss) (3)
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3,183 |
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|
6,456 |
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(7,510 |
) |
|
3,410 |
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Basic net income (loss) per share |
$ |
0.19 |
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$ |
0.38 |
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|
$ |
(0.44 |
) |
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$ |
0.20 |
|
Diluted net income (loss) per share |
$ |
0.19 |
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$ |
0.38 |
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$ |
(0.44 |
) |
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$ |
0.20 |
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(1) |
Contains a non-cash loss on asset impairment and closure costs that decreased income from operations by $0.4 million, $0.2 million, $7.3 million, $6.3 million and net income by $0.4 million, $0.2 million, $5.9 million and $4.4 million in the first, second, third and fourth quarters of 2019, respectively.
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(2) |
Contains a legal settlement accrual that decreased income from operations by $0.8 million and net income by $0.6 million in the second quarter of 2019 and increased income from operations by $0.2 million and net income by $0.1 million in the fourth quarter of 2019.
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(3) |
Contains a non-cash loss on asset impairment that decreased income from operations by $12.3 million and net income by $11.0 million in the third quarter of 2018 and increased net income in the fourth quarter of 2018 by $1.6 million due to the tax effect of the impairment previously recorded.
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