v3.7.0.1
Consolidated Statement of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 02, 2017
Jul. 03, 2016
Jul. 02, 2017
Jul. 03, 2016
Revenue:        
Restaurant sales, net $ 20,965 $ 23,022 $ 38,942 $ 42,014
Franchise royalty revenue 4,004 4,380 7,786 8,490
Franchise fee revenue 35   35 135
Licensing and other revenue 297 336 514 584
Total Revenue 25,301 27,738 47,277 51,223
Costs and expenses:        
Food and beverage costs 6,249 7,089 11,687 13,112
Labor and benefits costs 7,121 7,401 13,630 14,254
Operating expenses 5,881 6,353 11,415 12,063
Depreciation and amortization 733 956 1,488 1,936
General and administrative expenses 3,545 4,530 8,138 8,250
Asset impairment, estimated lease termination and other closing costs 3,473 1,056 4,606 1,064
Net loss on disposal of property 17 19 18 (185)
Total costs and expenses 27,019 27,404 50,982 50,494
Income from operations (1,718) 334 (3,705) 729
Other expense:        
Interest expense (170) (225) (357) (403)
Interest income   1   2
Other income (expense), net   1   1
Total other expense (170) (223) (357) (400)
Income before income taxes (1,888) 111 (4,062) 329
Income tax expense 627 2 1,555 (67)
Net income from continuing operations (1,261) 113 (2,507) 262
Net income (loss) from discontinued operations, net of tax   27   708
Net income (loss) $ (1,261) $ 140 $ (2,507) $ 970
Income (loss) from continuing operations per basic share $ (0.18) $ 0.02 $ (0.36) $ 0.04
Income loss from discontinued operations per basic share   0.00   0.10
Basic net income per common share (0.18) 0.02 (0.36) 0.14
Income loss from continuing operations per diluted share (0.18) 0.02 (0.36) 0.04
Income loss from discontinued operations per diluted share   0.00   0.10
Diluted net income per common share $ (0.18) $ 0.02 $ (0.36) $ 0.14
Weighted average common of shares outstanding - basic 6,955 6,949 6,955 6,949
Weighted average common shares outstanding - diluted 6,955 6,958 6,955 6,958