XML 47 R4.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Statement of Income - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Condensed Consolidated Statement of Income [Abstract]        
Revenue $ 1,403,697 $ 1,225,007 $ 4,146,145 $ 3,639,924
Restaurant operating costs (exclusive of depreciation and amortization shown separately below):        
Food, beverage and packaging 466,496 409,213 1,371,147 1,194,224
Labor 373,645 332,865 1,090,540 993,570
Occupancy 91,409 86,691 270,102 258,719
Other operating costs 180,259 167,488 548,311 490,728
General and administrative expenses 115,070 109,524 339,136 271,740
Depreciation and amortization 52,206 52,654 157,629 148,762
Pre-opening costs 3,064 2,127 6,122 6,790
Impairment, closure costs, and asset disposals 5,927 6,454 17,356 56,635
Total operating expenses 1,288,076 1,167,016 3,800,343 3,421,168
Income from operations 115,621 57,991 345,802 218,756
Interest and other income, net 4,411 2,493 11,487 6,210
Income before income taxes 120,032 60,484 357,289 224,966
Provision for income taxes (21,450) (22,280) (79,547) (80,432)
Net income $ 98,582 $ 38,204 $ 277,742 $ 144,534
Earnings per share:        
Basic $ 3.55 $ 1.37 $ 10.02 $ 5.19
Diluted $ 3.47 $ 1.36 $ 9.83 $ 5.17
Weighted-average common shares outstanding:        
Basic 27,775 27,802 27,730 27,844
Diluted 28,388 28,017 28,268 27,967