XML 21 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 24, 2020
Jun. 26, 2019
Jun. 24, 2020
Jun. 26, 2019
Revenue:        
Total operating revenue $ 40,161 $ 151,884 $ 136,856 $ 303,295
Costs of company restaurant sales, excluding depreciation and amortization:        
Product costs 4,305 23,363 14,435 47,268
Payroll and benefits 8,039 36,866 25,145 76,698
Occupancy 2,728 5,498 5,891 11,282
Other operating expenses 4,534 14,103 10,253 28,695
Total costs of company restaurant sales 19,606 79,830 55,724 163,943
Costs of franchise and license revenue, excluding depreciation and amortization 15,244 28,871 44,414 55,929
General and administrative expenses 13,153 18,453 20,895 37,264
Depreciation and amortization 4,058 5,048 8,204 11,281
Operating (gains), losses and other charges, net 1,627 (26,433) 3,100 (35,368)
Total operating costs and expenses, net 53,688 105,769 132,337 233,049
Operating income (loss) (13,527) 46,115 4,519 70,246
Interest expense, net 4,947 5,382 8,898 10,789
Other nonoperating expense (income), net 9,565 (273) 12,328 (1,696)
Income (loss) before income taxes (28,039) 41,006 (16,707) 61,153
Provision for (benefit from) income taxes (5,074) 6,767 (2,755) 11,424
Net income (loss) $ (22,965) $ 34,239 $ (13,952) $ 49,729
Basic net income (loss) per share (in dollars per share) $ (0.41) $ 0.57 $ (0.25) $ 0.82
Diluted net income (loss) per share (in dollars per share) $ (0.41) $ 0.55 $ (0.25) $ 0.79
Basic weighted average shares outstanding (in shares) 55,686 60,290 55,993 60,970
Diluted weighted average shares outstanding (in shares) 55,686 62,082 55,993 62,937
Company restaurant sales        
Revenue:        
Total operating revenue $ 15,128 $ 95,447 $ 57,419 $ 193,992
Franchise and license revenue        
Revenue:        
Total operating revenue $ 25,033 $ 56,437 $ 79,437 $ 109,303