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CONDENSED CONSOLIDATED STATEMENT OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 23, 2020
Sep. 25, 2019
Sep. 23, 2020
Sep. 25, 2019
TOTAL REVENUE $ 130,401 $ 157,762 $ 365,357 $ 443,084
Shack-level operating expenses:        
Food and paper costs 37,903 44,159 107,494 125,049
Labor and related expenses 37,898 41,601 110,597 118,891
Other operating expenses 18,743 18,947 50,826 51,270
Occupancy and related expenses 13,093 12,537 37,974 35,309
General and administrative expenses 14,962 17,090 45,170 46,420
Depreciation expense 12,376 10,474 36,233 29,239
Pre-opening costs 1,822 4,487 5,799 10,678
Impairment and loss on disposal of assets 402 303 2,924 1,031
TOTAL EXPENSES 137,199 149,598 397,017 417,887
OPERATING INCOME (LOSS) (6,798) 8,164 (31,660) 25,197
Other income, net 34 248 335 1,259
Interest expense (143) (133) (697) (302)
INCOME (LOSS) BEFORE INCOME TAXES (6,907) 8,279 (32,022) 26,154
Benefit from income taxes (797) (3,144) (6,802) (47)
NET INCOME (LOSS) (6,110) 11,423 (25,220) 26,201
Less: net income (loss) attributable to non-controlling interests (551) 1,079 (2,490) 4,281
NET INCOME (LOSS) ATTRIBUTABLE TO SHAKE SHACK INC. $ (5,559) $ 10,344 $ (22,730) $ 21,920
Earnings (loss) per share of Class A common stock:        
Basic (in dollars per share) $ (0.15) $ 0.32 $ (0.62) $ 0.72
Diluted (in dollars per share) $ (0.15) $ 0.31 $ (0.62) $ 0.70
Weighted-average shares of Class A common stock outstanding:        
Basic (in shares) 38,251 31,961 36,668 30,549
Diluted (in shares) 38,251 32,916 36,668 31,441
Shack sales        
TOTAL REVENUE $ 126,288 $ 152,366 $ 353,855 $ 428,811
Licensing revenue        
TOTAL REVENUE $ 4,113 $ 5,396 $ 11,502 $ 14,273