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CONSOLIDATED STATEMENT OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 28, 2016
Dec. 30, 2015
Dec. 31, 2014
Shack sales $ 259,350 $ 183,219 $ 112,042
Licensing revenue 9,125 7,373 6,488
TOTAL REVENUE 268,475 190,592 118,530
Shack-level operating expenses:      
Food and paper costs 73,752 54,079 34,925
Labor and related expenses 65,540 44,752 29,312
Other operating expenses 24,946 16,307 11,191
Occupancy and related expenses 21,820 15,207 9,753
General and administrative expenses 30,556 37,825 18,187
Depreciation expense 14,502 10,222 5,809
Pre-opening costs 9,520 5,430 6,105
Loss on disposal of property and equipment 34 17 105
TOTAL EXPENSES 240,670 183,839 115,387
OPERATING INCOME 27,805 6,753 3,143
Nonoperating Income (Expense) 1,065 7 2
Interest Expense 374 332 365
INCOME BEFORE INCOME TAXES 28,496 6,428 2,780
Income tax expense 6,350 3,304 662
NET INCOME 22,146 3,124 2,118
Less: net income attributable to non-controlling interests 9,700 11,900 0
NET INCOME (LOSS) ATTRIBUTABLE TO SHAKE SHACK INC. $ 12,446 $ (8,776) $ 2,118
Earnings (loss) per share of Class A common stock      
Basic (in dollars per share) [1] $ 0.54 $ (0.65) $ 0.07
Diluted (in dollars per share) [1] $ 0.53 $ (0.65) $ 0.07
Weighted-average shares of Class A common stock outstanding      
Basic (shares) [1] 22,956 13,588 29,977
Diluted (shares) [1] 23,449 13,588 30,122
[1] Amounts for fiscal year ended December 31, 2014 have been retroactively adjusted to give effect to the recapitalization transactions that occurred in connection with our initial public offering, including the amendment and restatement of the limited liability company agreement of SSE Holdings, LLC to, among other things, (i) provide for a new single class of common membership interests and (ii) exchange all of the then-existing members’ ownership interests for the newly-created membership interests. The computation does not consider the 5,750,000 shares of Class A common stock issued to investors in our initial public offering or the 339,306 shares of Class A common stock issued upon settlement of outstanding unit appreciation rights. See Note 15.