Annual report pursuant to Section 13 and 15(d)

Consolidated Income Statements

v3.22.4
Consolidated Income Statements - USD ($)
$ in Thousands
12 Months Ended
Dec. 25, 2022
Dec. 26, 2021
Dec. 27, 2020
Revenue $ 422,215 $ 396,467 $ 320,952
Costs and expenses:      
Cost of sales 114,903 96,476 79,033
Labor 126,249 113,622 98,184
Operating 68,436 59,617 50,352
Occupancy 29,964 29,281 29,406
General and administrative 26,333 26,599 22,195
Marketing 6,004 4,360 2,732
Restaurant pre-opening 1,362 1,731 1,769
Impairment, closed restaurant and other costs 6,452 10,182 26,794
Gain on insurance settlements 0 0 (1,000)
Depreciation 20,176 20,197 20,031
Total costs and expenses 399,879 362,065 329,496
Income (loss) from operations 22,336 34,402 (8,544)
Interest (income) expense, net (872) 144 257
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 23,208 34,258 (8,801)
Income tax expense (benefit) 2,353 4,082 (5,507)
Net income (loss) $ 20,855 $ 30,176 $ (3,294)
Net income (loss) per common share:      
Basic $ 1.12 $ 1.52 $ (0.18)
Diluted $ 1.11 $ 1.50 $ (0.18)
Weighted-average shares outstanding:      
Basic 18,682,255 19,835,550 18,396,335
Diluted 18,793,455 20,079,237 18,396,335