XML 14 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 25, 2016
Sep. 27, 2015
Sep. 25, 2016
Sep. 27, 2015
Revenues        
Sandwich shop sales, net $ 103,224 $ 95,564 $ 303,116 $ 276,527
Franchise royalties and fees 558 475 1,657 1,229
Total revenues 103,782 96,039 304,773 277,756
Sandwich shop operating expenses        
Cost of goods sold, excluding depreciation 28,478 27,256 83,224 78,854
Labor and related expenses 30,163 27,663 88,260 79,415
Occupancy expenses 13,111 11,855 39,042 34,741
Other operating expenses 11,338 10,501 32,570 30,128
General and administrative expenses 9,999 9,232 30,827 27,706
Depreciation expense 5,656 5,510 16,996 15,949
Pre-opening costs 340 510 731 1,587
Impairment and loss on disposal of property and equipment 1,855 1,133 2,880 1,965
Total expenses 100,940 93,660 294,530 270,345
Income from operations 2,842 2,379 10,243 7,411
Interest expense 33 56 102 180
Income before income taxes 2,809 2,323 10,141 7,231
Income tax expense 960 866 3,732 2,780
Net income 1,849 1,457 6,409 4,451
Net income attributable to non-controlling interest 54 56 153 58
Net income attributable to Potbelly Corporation $ 1,795 $ 1,401 $ 6,256 $ 4,393
Net income per common share attributable to common stockholders:        
Basic $ 0.07 $ 0.05 $ 0.24 $ 0.15
Diluted $ 0.07 $ 0.05 $ 0.24 $ 0.15
Weighted average shares outstanding:        
Basic 25,240,374 27,850,394 25,772,846 28,450,063
Diluted 25,829,970 28,369,775 26,341,913 29,137,537