v3.8.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 24, 2017
Sep. 25, 2016
Sep. 24, 2017
Sep. 25, 2016
Revenues        
Sandwich shop sales, net $ 105,327 $ 103,224 $ 313,568 $ 303,116
Franchise royalties and fees 800 558 2,394 1,657
Total revenues 106,127 103,782 315,962 304,773
Sandwich shop operating expenses        
Cost of goods sold, excluding depreciation 28,405 28,478 83,703 83,224
Labor and related expenses 31,187 30,163 93,213 88,260
Occupancy expenses 14,354 13,111 42,792 39,042
Other operating expenses 12,464 11,338 36,349 32,570
General and administrative expenses 12,104 9,999 33,375 30,827
Depreciation expense 6,315 5,656 18,960 16,996
Pre-opening costs 336 340 955 731
Impairment and loss on disposal of property and equipment 1,536 1,855 5,762 2,880
Total expenses 106,701 100,940 315,109 294,530
Income (loss) from operations (574) 2,842 853 10,243
Interest expense 32 33 101 102
Income (loss) before income taxes (606) 2,809 752 10,141
Income tax expense (benefit) (487) 960 252 3,732
Net income (loss) (119) 1,849 500 6,409
Net income attributable to non-controlling interest 121 54 195 153
Net income (loss) attributable to Potbelly Corporation $ (240) $ 1,795 $ 305 $ 6,256
Net income (loss) per common share attributable to common stockholders:        
Basic $ (0.01) $ 0.07 $ 0.01 $ 0.24
Diluted $ (0.01) $ 0.07 $ 0.01 $ 0.24
Weighted average shares outstanding:        
Basic 24,959,023 25,240,374 25,030,951 25,772,846
Diluted 24,959,023 25,829,970 25,857,083 26,341,913