v3.4.0.3
Consolidated Statement of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 03, 2016
Mar. 29, 2015
Revenue:    
Restaurant sales, net $ 18,992 $ 23,743
Franchise royalty revenue 4,165 4,331
Franchise fee revenue 135 5
Licensing and other revenue 248 185
Total Revenue 23,540 28,264
Costs and expenses:    
Food and beverage costs 6,023 7,174
Labor and benefits costs 6,853 7,986
Operating expenses 5,709 6,701
Depreciation and amortization 981 1,179
General and administrative expenses 3,775 4,849
Asset impairment and estimated lease termination and other closing costs 8 95
Pre-opening expenses 0 1
Net loss on disposal of property (204) (23)
Total costs and expenses 23,145 27,962
Income from operations 395 302
Other expense:    
Interest expense (178) (201)
Interest income 1 5
Other income (expense), net 0 (2)
Total other expense (177) (198)
Income before income taxes 218 104
Income tax expense 69 (4)
Net income from continuing operations 149 108
Income (Loss) from Discontinued Operations, Net of Tax 681 89
Net income (loss) $ 830 $ 197
Income (loss) from continuing operations per basic share $ 0.02 $ 0.02
Income loss from discontinued operations per basic share 0.1 0.01
Basic net income per common share 0.12 0.03
Income loss from continuing operations per diluted share 0.02 0.02
Income loss from discontinued operations per diluted share 0.1 0.01
Diluted net income per common share $ 0.12 $ 0.03
Weighted average common of shares outstanding - basic 6,948 7,107
Weighted average common shares outstanding - diluted 6,958 7,131