Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Income Statements

v3.7.0.1
Unaudited Condensed Consolidated Income Statements - USD ($)
$ in Thousands
3 Months Ended
Mar. 26, 2017
Mar. 27, 2016
Revenue $ 86,904 $ 78,054
Costs and expenses:    
Cost of sales 21,825 19,998
Labor 29,699 25,680
Operating 12,032 10,556
Occupancy 6,121 5,305
General and administrative 4,872 4,533
Marketing 631 583
Restaurant pre-opening 1,102 1,433
Depreciation and amortization 4,161 3,477
Total costs and expenses 80,443 71,565
Income from operations 6,461 6,489
Interest expense 16 15
Income before income taxes 6,445 6,474
Income tax expense 1,895 1,942
Net income $ 4,550 $ 4,532
Net income per common share:    
Basic $ 0.27 $ 0.27
Diluted $ 0.27 $ 0.27
Weighted-average shares outstanding:    
Basic 16,855,275 16,503,226
Diluted 17,002,256 16,803,756