XML 16 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 24, 2020
Jun. 30, 2021
Jun. 24, 2020
Revenue:        
Total operating revenue $ 106,165 $ 40,161 $ 186,741 $ 136,856
Costs of company restaurant sales, excluding depreciation and amortization:        
Product costs 11,447 4,305 19,719 14,435
Payroll and benefits 16,970 8,039 29,935 25,145
Occupancy 2,844 2,728 5,694 5,891
Other operating expenses 6,552 4,534 12,629 10,253
Total costs of company restaurant sales 37,813 19,606 67,977 55,724
Costs of franchise and license revenue, excluding depreciation and amortization 28,735 15,244 52,493 44,414
General and administrative expenses 17,548 13,153 34,495 20,895
Depreciation and amortization 3,897 4,058 7,558 8,204
Operating (gains), losses and other charges, net (113) 1,627 419 3,100
Total operating costs and expenses, net 87,880 53,688 162,942 132,337
Operating income (loss) 18,285 (13,527) 23,799 4,519
Interest expense, net 4,066 4,947 8,343 8,898
Other nonoperating expense (income), net 16,251 9,565 (13,797) 12,328
Income (loss) before income taxes (2,032) (28,039) 29,253 (16,707)
Provision for (benefit from) income taxes (1,204) (5,074) 6,900 (2,755)
Net income (loss) $ (828) $ (22,965) $ 22,353 $ (13,952)
Basic net income (loss) per share (in dollars per share) $ (0.01) $ (0.41) $ 0.34 $ (0.25)
Diluted net income (loss) per share (in dollars per share) $ (0.01) $ (0.41) $ 0.34 $ (0.25)
Basic weighted average shares outstanding (in shares) 65,294 55,686 65,273 55,993
Diluted weighted average shares outstanding (in shares) 65,294 55,686 65,789 55,993
Company restaurant sales        
Revenue:        
Total operating revenue $ 47,572 $ 15,128 $ 81,141 $ 57,419
Franchise and license revenue        
Revenue:        
Total operating revenue $ 58,593 $ 25,033 $ 105,600 $ 79,437