Chuy's Holdings, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Property and Equipment

Property and Equipment

12 Months Ended

Dec. 30, 2012

4. PROPERTY AND EQUIPMENT

The major classes of property and equipment at December 30, 2012 and December 25, 2011 are summarized as follows:


	December 30, 2012			December 25, 2011
Leasehold improvements	$	48,925		$	34,231
Furniture, fixtures and equipment		28,056			20,554
Construction in progress		7,384			2,929

		84,365			57,714
Less accumulated depreciation		(15,951	)		(9,600	)

Total property and equipment, net	$	68,414		$	48,114

Depreciation expense was $6,478, $4,407 and $2,706 for the years ended December 30, 2012, December 30, 2011 and December 26, 2010, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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