Annual report pursuant to Section 13 and 15(d)

Quarterly Financial Data (Unaudited)

v3.8.0.1
Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited)
Quarterly Financial Data (Unaudited)
The following tables set forth certain unaudited consolidated financial information for each of the four quarters in fiscal years 2017 and 2016:
 
2017
 
March 26
 
June 25
 
September 24
 
December 31
Revenue
$
86,904

 
$
94,472

 
$
92,193

 
$
96,020

Income from operations (1)
6,461

 
7,358

 
4,187

 
5,515

Net income(1)(2)
4,550

 
5,329

 
3,195

 
15,882

Basic net income per share
$
0.27

 
$
0.32

 
$
0.19

 
$
0.94

Diluted net income per share
$
0.27

 
$
0.31

 
$
0.19

 
$
0.93

 
2016
 
March 27
 
June 26
 
September 25
 
December 25
Revenue
$
78,054

 
$
87,909

 
$
85,597

 
$
79,053

Income from operations (3)
6,489

 
8,330

 
6,740

 
2,782

Net income(3)
4,532

 
5,780

 
4,599

 
2,333

Basic net income per share
$
0.27

 
$
0.35

 
$
0.27

 
$
0.14

Diluted net income per share
$
0.27

 
$
0.34

 
$
0.27

 
$
0.14

(1)
Contains a gain from the insurance settlements that increased income from operations by $1.4 million and net income by $1.0 million in the fourth quarter of 2017.
(2)
Contains a deferred tax balance adjustment that increased net income by $11.7 million in the fourth quarter of 2017.
(3)
Contains closure costs that decreased income from operations by $0.4 million and $1.1 million and net income by $0.3 million and $1.0 million related to one restaurant in the third and fourth quarter of 2016, respectively.