XML 35 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 26, 2018
Dec. 27, 2017
Dec. 28, 2016
TOTAL REVENUE $ 459,310 $ 358,810 $ 268,475
Shack-level operating expenses:      
Food and paper costs 126,096 98,337 73,752
Labor and related expenses 122,094 91,740 65,540
Other operating expenses 51,783 35,805 24,946
Occupancy and related expenses 32,710 28,197 21,820
General and administrative expenses 52,720 39,003 30,556
Depreciation expense 29,000 21,704 14,502
Pre-opening costs 12,279 9,603 9,520
Loss on disposal of property and equipment 917 608 34
TOTAL EXPENSES 427,599 324,997 240,670
OPERATING INCOME 31,711 33,813 27,805
Other income, net 1,514 128,123 1,065
Interest expense (2,415) (1,643) (374)
INCOME BEFORE INCOME TAXES 30,810 160,293 28,496
Income tax expense 8,862 151,409 6,350
NET INCOME 21,948 8,884 22,146
Less: net income attributable to non-controlling interests 6,769 9,204 9,700
Net income (loss) attributable to Shake Shack Inc. $ 15,179 $ (320) $ 12,446
Earnings (loss) per share of Class A common stock      
Basic (in dollars per share) $ 0.54 $ (0.01) $ 0.54
Diluted (in dollars per share) $ 0.52 $ (0.01) $ 0.53
Weighted-average shares of Class A common stock outstanding      
Basic (shares) 28,299 25,876 22,956
Diluted (shares) 29,179 25,876 23,449
Shack sales      
TOTAL REVENUE $ 445,589 $ 346,388 $ 259,350
Licensing revenue      
TOTAL REVENUE $ 13,721 $ 12,422 $ 9,125