|
Unaudited Condensed Consolidated Income Statements (USD $)
In Thousands, except Share data, unless otherwise specified |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
|
Jun. 30, 2013
|
Jun. 24, 2012
|
Jun. 30, 2013
|
Jun. 24, 2012
|
|
| Revenue | $ 53,427 | $ 43,545 | $ 100,125 | $ 81,021 |
| Costs and expenses: | ||||
| Cost of sales | 14,644 | 11,622 | 27,201 | 21,570 |
| Labor | 16,740 | 13,740 | 31,715 | 25,683 |
| Operating | 7,537 | 6,069 | 14,084 | 11,321 |
| Occupancy | 3,108 | 2,530 | 5,999 | 4,810 |
| General and administrative | 2,507 | 2,137 | 5,302 | 3,922 |
| Advisory agreement termination fee | 0 | 0 | 0 | 2,000 |
| Secondary offering costs | 508 | 0 | 925 | 0 |
| Marketing | 402 | 326 | 754 | 609 |
| Restaurant pre-opening | 1,050 | 1,224 | 2,021 | 1,980 |
| Depreciation and amortization | 2,126 | 1,543 | 4,094 | 2,947 |
| Total costs and expenses | 48,622 | 39,191 | 92,095 | 74,842 |
| Income from operations | 4,805 | 4,354 | 8,030 | 6,179 |
| Interest expense | 24 | 1,884 | 57 | 3,166 |
| Income before income taxes | 4,781 | 2,470 | 7,973 | 3,013 |
| Income tax expense | 1,621 | 739 | 2,172 | 902 |
| Net income | 3,160 | 1,731 | 5,801 | 2,111 |
| Undistributed earnings allocated to participating interests | 0 | 1,700 | 0 | 2,079 |
| Net income available to common stockholders | $ 3,160 | $ 31 | $ 5,801 | $ 32 |
| Net income per common share: | ||||
| Basic | $ 0.19 | $ 0.16 | $ 0.36 | $ 0.16 |
| Diluted | $ 0.19 | $ 0.15 | $ 0.35 | $ 0.15 |
| Weighted-average shares outstanding: | ||||
| Basic | 16,269,243 | 194,766 | 16,190,264 | 201,634 |
| Diluted | 16,677,221 | 9,538,093 | 16,626,012 | 10,219,778 |
| X | ||||||||||
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- Definition
Registration costs and expenses incurred during the period related to the issuance of an equity security. No definition available.
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- Details
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- Definition
Total costs related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total costs of sales and operating expenses for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Gain (loss) related to the termination of a contract between the parties. The termination may be due to many causes including early termination of a lease by a lessee, a breach of contract by one party, or a failure to perform. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of expenditures for salaries, wages, profit sharing and incentive compensation, and other employee benefits, including equity-based compensation, and pension and other postretirement benefit expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Expenditures for planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services. Costs of public relations and corporate promotions are typically considered to be marketing costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Costs incurred and are directly related to generating occupancy revenues. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition
Expenditures associated with opening new locations which are noncapital in nature and expensed as incurred. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Earnings allocated (not distributed) to participating securities under the two-class method to the extent that participating securities may share in earnings as if all of the earnings for the period had been distributed. No definition available.
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- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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