Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Income Statements

v3.23.1
Unaudited Condensed Consolidated Income Statements - USD ($)
$ in Thousands
3 Months Ended
Mar. 26, 2023
Mar. 27, 2022
Income Statement [Abstract]    
Revenue $ 112,498 $ 100,486
Costs and expenses:    
Cost of sales 28,718 26,243
Labor 34,102 29,825
Operating 18,078 16,230
Occupancy 7,882 7,652
General and administrative 7,806 6,654
Marketing 1,550 1,413
Restaurant pre-opening 481 125
Impairment, closed restaurant and other costs 371 1,279
Depreciation 5,140 4,982
Total costs and expenses 104,128 94,403
Income from operations 8,370 6,083
Interest (income) expense, net (777) 28
Income before income taxes 9,147 6,055
Income tax expense 925 537
Net income $ 8,222 $ 5,518
Net income per common share:    
Basic (in dollars per share) $ 0.46 $ 0.29
Diluted (in dollars per share) $ 0.45 $ 0.29
Weighted-average shares outstanding:    
Basic (in shares) 18,020,434 19,099,754
Diluted (in shares) 18,176,121 19,288,718