Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Income Statements

v3.22.1
Unaudited Condensed Consolidated Income Statements - USD ($)
$ in Thousands
3 Months Ended
Mar. 27, 2022
Mar. 28, 2021
Income Statement [Abstract]    
Revenue $ 100,486 $ 87,710
Costs and expenses:    
Cost of sales 26,243 20,447
Labor 29,825 24,829
Operating 16,230 13,471
Occupancy 7,652 7,239
General and administrative 6,654 6,848
Marketing 1,413 977
Restaurant pre-opening 125 677
Impairment, closed restaurant and other costs 1,279 2,344
Depreciation 4,982 4,918
Total costs and expenses 94,403 81,750
Income from operations 6,083 5,960
Interest expense, net 28 23
Income before income taxes 6,055 5,937
Income tax expense (benefit) 537 (717)
Net income $ 5,518 $ 6,654
Net income per common share:    
Basic (in dollars per share) $ 0.29 $ 0.34
Diluted (in dollars per share) $ 0.29 $ 0.33
Weighted-average shares outstanding:    
Basic (in shares) 19,099,754 19,752,928
Diluted (in shares) 19,288,718 20,125,220