|
Total Revenue
|
|
$487.5m
|
$456.5m
|
$456.5m
|
$462.4m
|
$393.7m
|
$475.2m
|
$509.5m
|
$509.5m
|
$493.3m
|
$495.1m
|
|
Cost of Revenue
|
|
$123.5m
|
$115.7m
|
$115.7m
|
$117.2m
|
$370.8m
|
$421.8m
|
$460.4m
|
$129.1m
|
$125.0m
|
$125.5m
|
|
Operating expenses:
|
|
|
|
|
|
|
|
|
|
|
|
|
Restaurant operating costs
|
|
—
|
—
|
—
|
$316.6m
|
$270.9m
|
$309.5m
|
—
|
$338.1m
|
$327.6m
|
$325.1m
|
|
Other restaurant operating costs
|
|
—
|
$73.0m
|
$64.1m
|
$65.6m
|
$71.2m
|
$83.6m
|
—
|
$91.2m
|
$91.6m
|
$98.9m
|
|
Operating Income (Loss)
|
|
($67.5m)
|
($33.9m)
|
—
|
$5.4m
|
($20.0m)
|
$5.8m
|
($832k)
|
—
|
($27.8m)
|
($31.6m)
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Goodwill, Impairment Loss
|
|
—
|
$0
|
—
|
$0
|
$0
|
$0
|
$0
|
—
|
$0
|
$0
|
|
Preferred Stock Dividends and Other Adjustments
|
|
—
|
$8.0m
|
—
|
$0
|
—
|
—
|
—
|
—
|
—
|
—
|
|
General and administrative
|
|
—
|
$55.7m
|
$39.7m
|
$46.1m
|
$42.9m
|
$47.5m
|
—
|
$49.9m
|
$51.8m
|
$49.1m
|
|
Depreciation and amortization
|
|
—
|
$28.1m
|
$24.6m
|
$22.9m
|
$21.7m
|
$22.3m
|
—
|
$23.3m
|
$26.8m
|
$27.0m
|
|
Pre-opening
|
|
—
|
$3.1m
|
$935k
|
$50k
|
$443k
|
$665k
|
—
|
$1.7m
|
$2.2m
|
$225k
|
|
Loss from operations
|
|
—
|
($67.5m)
|
($33.9m)
|
($3.8m)
|
($20.0m)
|
$5.8m
|
—
|
($832k)
|
($5.0m)
|
($31.6m)
|
|
Loss before income taxes
|
|
—
|
($70.4m)
|
($37.7m)
|
($8.7m)
|
($23.2m)
|
$3.7m
|
—
|
($3.3m)
|
($9.8m)
|
($42.5m)
|
|
Provision for income taxes
|
|
—
|
$1.2m
|
($207k)
|
($248k)
|
$84k
|
$70k
|
—
|
$37k
|
$24k
|
$64k
|
|
Net loss
|
|
—
|
($71.7m)
|
($37.5m)
|
($8.4m)
|
($23.3m)
|
$3.7m
|
—
|
($3.3m)
|
($9.9m)
|
($42.6m)
|
|
Basic (in shares)
|
|
—
|
$27.8m
|
$37.8m
|
$42.3m
|
$44.3m
|
$45.5m
|
—
|
$45.9m
|
$45.9m
|
$5.8m
|
|
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
|
|
($70.4m)
|
($37.7m)
|
—
|
$1.8m
|
($23.2m)
|
$3.7m
|
($3.3m)
|
—
|
($36.2m)
|
($42.5m)
|
|
Net Income (Loss) Attributable to Parent
|
|
($71.7m)
|
($37.5m)
|
—
|
$1.6m
|
($23.3m)
|
$3.7m
|
($3.3m)
|
—
|
($36.2m)
|
($42.6m)
|
|
Net Income (Loss) Available to Common Stockholders, Basic
|
|
—
|
($45.4m)
|
—
|
$1.6m
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Earnings Per Share, Basic
|
|
($2.58)
|
($1.20)
|
—
|
$0.04
|
($0.53)
|
$0.08
|
($0.07)
|
—
|
($0.80)
|
($7.36)
|
|
Earnings Per Share, Diluted
|
|
($2.58)
|
($1.20)
|
—
|
$0.04
|
($0.53)
|
$0.08
|
($0.07)
|
—
|
($0.80)
|
($7.36)
|
|
Weighted Average Number of Shares Outstanding, Basic
|
|
27.8m
|
37.8m
|
—
|
44.0m
|
44.3m
|
45.5m
|
45.9m
|
—
|
45.5m
|
5.8m
|
|
Weighted Average Number of Shares Outstanding, Diluted
|
|
27.8m
|
37.8m
|
—
|
45.0m
|
44.3m
|
46.1m
|
45.9m
|
—
|
45.5m
|
5.8m
|
|
General and Administrative Expense
|
|
$55.7m
|
$39.7m
|
—
|
$43.4m
|
$42.9m
|
$47.5m
|
$49.9m
|
—
|
$50.8m
|
$49.1m
|
|
Marketing and Advertising Expense
|
|
$10.0m
|
$5.7m
|
—
|
$6.1m
|
$7.9m
|
$7.7m
|
$9.3m
|
—
|
$12.7m
|
$14.8m
|
|
Operating Lease, Expense
|
|
—
|
—
|
—
|
—
|
$39.9m
|
$39.1m
|
$38.5m
|
—
|
$39.4m
|
$36.9m
|
|
Other Cost and Expense, Operating
|
|
$73.0m
|
$64.1m
|
—
|
$66.7m
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Restaurant impairments, closure costs and asset disposals
|
|
—
|
$47.3m
|
$37.4m
|
$7.1m
|
$6.5m
|
$5.7m
|
—
|
$6.2m
|
$8.4m
|
$26.3m
|
|
Interest Expense
|
|
$2.9m
|
$3.8m
|
—
|
$2.9m
|
$3.1m
|
$2.1m
|
$2.4m
|
—
|
—
|
—
|
|
Interest Expense (non-operating)
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$8.4m
|
$10.9m
|
|
Interest expense, net
|
|
—
|
$2.9m
|
$3.8m
|
$4.3m
|
$3.1m
|
$2.1m
|
—
|
$2.4m
|
$4.8m
|
$10.9m
|
|
Current Income Tax Expense (Benefit)
|
|
$134k
|
$21k
|
—
|
$36k
|
$44k
|
$41k
|
$77k
|
—
|
$33k
|
$24k
|
|
Other Cost of Operating Revenue
|
|
—
|
—
|
—
|
—
|
$71.2m
|
$83.6m
|
$91.2m
|
—
|
$95.0m
|
$98.9m
|
|
Total costs and expenses
|
|
—
|
$555.0m
|
$490.3m
|
$461.6m
|
$413.7m
|
$469.3m
|
—
|
$510.3m
|
$508.4m
|
$526.7m
|
|
Income Tax Expense (Benefit)
|
|
$1.2m
|
($207k)
|
—
|
$104k
|
$84k
|
$70k
|
$37k
|
—
|
$54k
|
$64k
|