Annual report pursuant to Section 13 and 15(d)

Consolidated Income Statements

v3.22.0.1
Consolidated Income Statements - USD ($)
$ in Thousands
12 Months Ended
Dec. 26, 2021
Dec. 27, 2020
Dec. 29, 2019
Revenue $ 396,467 $ 320,952 $ 426,357
Costs and expenses:      
Cost of sales 96,476 79,033 110,152
Labor 113,622 98,184 150,779
Operating 59,617 50,352 62,121
Occupancy 29,281 29,406 32,151
General and administrative 26,599 22,195 23,681
Marketing 4,360 2,732 5,555
Restaurant pre-opening 1,731 1,769 2,949
Legal settlement 0 0 615
Impairment, closed restaurant and other costs 10,182 26,794 14,179
Gain on insurance settlements 0 (1,000) 0
Depreciation 20,197 20,031 20,739
Total costs and expenses 362,065 329,496 422,921
Income (loss) from operations 34,402 (8,544) 3,436
Interest expense, net 144 257 122
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 34,258 (8,801) 3,314
Income tax expense (benefit) 4,082 (5,507) (2,901)
Net income (loss) $ 30,176 $ (3,294) $ 6,215
Net income (loss) per common share:      
Basic $ 1.52 $ (0.18) $ 0.37
Diluted $ 1.50 $ (0.18) $ 0.37
Weighted-average shares outstanding:      
Basic 19,835,550 18,396,335 16,728,955
Diluted 20,079,237 18,396,335 16,824,395