Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Income Statements

v3.4.0.3
Unaudited Condensed Consolidated Income Statements - USD ($)
$ in Thousands
3 Months Ended
Mar. 27, 2016
Mar. 29, 2015
Revenue $ 78,054 $ 66,829
Costs and expenses:    
Cost of sales 19,998 17,544
Labor 25,680 22,146
Operating 10,556 9,331
Occupancy 5,305 4,480
General and administrative 4,533 4,084
Marketing 583 535
Restaurant pre-opening 1,433 1,108
Depreciation and amortization 3,477 2,998
Total costs and expenses 71,565 62,226
Income from operations 6,489 4,603
Interest expense 15 47
Income before income taxes 6,474 4,556
Income tax expense 1,942 1,321
Net income $ 4,532 $ 3,235
Net income per common share:    
Basic $ 0.27 $ 0.20
Diluted $ 0.27 $ 0.19
Weighted-average shares outstanding:    
Basic 16,503,226 16,449,682
Diluted 16,803,756 16,689,562