Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified |
12 Months Ended | ||
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Dec. 28, 2014
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Dec. 29, 2013
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Dec. 30, 2012
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Revenues | |||
Sandwich shop sales, net | $ 325,464us-gaap_SalesRevenueGoodsNet | $ 298,574us-gaap_SalesRevenueGoodsNet | $ 274,070us-gaap_SalesRevenueGoodsNet |
Franchise royalties and fees | 1,515pbpb_RevenueFromFranchiseRoyaltiesAndFees | 1,138pbpb_RevenueFromFranchiseRoyaltiesAndFees | 844pbpb_RevenueFromFranchiseRoyaltiesAndFees |
Total revenues | 326,979us-gaap_Revenues | 299,712us-gaap_Revenues | 274,914us-gaap_Revenues |
Sandwich shop operating expenses | |||
Cost of goods sold, excluding depreciation | 93,688us-gaap_CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization | 87,380us-gaap_CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization | 79,847us-gaap_CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization |
Labor and related expenses | 93,165us-gaap_LaborAndRelatedExpense | 83,579us-gaap_LaborAndRelatedExpense | 77,479us-gaap_LaborAndRelatedExpense |
Occupancy expenses | 41,389us-gaap_OccupancyCosts | 36,394us-gaap_OccupancyCosts | 32,016us-gaap_OccupancyCosts |
Other operating expenses | 34,669us-gaap_OtherCostAndExpenseOperating | 30,781us-gaap_OtherCostAndExpenseOperating | 28,119us-gaap_OtherCostAndExpenseOperating |
General and administrative expenses | 32,420us-gaap_GeneralAndAdministrativeExpense | 39,656us-gaap_GeneralAndAdministrativeExpense | 29,624us-gaap_GeneralAndAdministrativeExpense |
Depreciation expense | 19,615us-gaap_Depreciation | 17,875us-gaap_Depreciation | 16,219us-gaap_Depreciation |
Pre-opening costs | 1,634us-gaap_PreOpeningCosts | 1,437us-gaap_PreOpeningCosts | 2,051us-gaap_PreOpeningCosts |
Impairment and loss on disposal of property and equipment | 3,128us-gaap_GainLossOnSalesOfAssetsAndAssetImpairmentCharges | 1,135us-gaap_GainLossOnSalesOfAssetsAndAssetImpairmentCharges | 994us-gaap_GainLossOnSalesOfAssetsAndAssetImpairmentCharges |
Total expenses | 319,708us-gaap_OperatingExpenses | 298,237us-gaap_OperatingExpenses | 266,349us-gaap_OperatingExpenses |
Income from operations | 7,271us-gaap_OperatingIncomeLoss | 1,475us-gaap_OperatingIncomeLoss | 8,565us-gaap_OperatingIncomeLoss |
Interest expense | 179us-gaap_InterestExpense | 387us-gaap_InterestExpense | 541us-gaap_InterestExpense |
Other expense | 2us-gaap_OtherNonoperatingExpense | 6us-gaap_OtherNonoperatingExpense | |
Income before income taxes | 7,092us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest | 1,086us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest | 8,018us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest |
Income tax expense (benefit) | 2,748us-gaap_IncomeTaxExpenseBenefit | (204)us-gaap_IncomeTaxExpenseBenefit | (15,994)us-gaap_IncomeTaxExpenseBenefit |
Net income | 4,344us-gaap_ProfitLoss | 1,290us-gaap_ProfitLoss | 24,012us-gaap_ProfitLoss |
Net (loss) income attributable to non-controlling interest | (14)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | 32us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | (34)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest |
Net income attributable to Potbelly Corporation | 4,358us-gaap_NetIncomeLoss | 1,258us-gaap_NetIncomeLoss | 24,046us-gaap_NetIncomeLoss |
Cash dividends declared | (49,854)us-gaap_Dividends | ||
Accretion of redeemable convertible preferred stock to maximum redemption value | (15,097)us-gaap_TemporaryEquityAccretionToRedemptionValueAdjustment | (10,495)us-gaap_TemporaryEquityAccretionToRedemptionValueAdjustment | |
Net income (loss) attributable to common stockholders | $ 4,358us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic | $ (63,693)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic | $ 13,551us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic |
Net income (loss) per common share attributable to common stockholders: | |||
Basic | $ 0.15us-gaap_EarningsPerShareBasic | $ (6.29)us-gaap_EarningsPerShareBasic | $ 0.72us-gaap_EarningsPerShareBasic |
Diluted | $ 0.14us-gaap_EarningsPerShareDiluted | $ (6.29)us-gaap_EarningsPerShareDiluted | $ 0.66us-gaap_EarningsPerShareDiluted |
Weighted average shares outstanding: | |||
Basic | 29,209,298us-gaap_WeightedAverageNumberOfSharesOutstandingBasic | 10,132,805us-gaap_WeightedAverageNumberOfSharesOutstandingBasic | 4,013,414us-gaap_WeightedAverageNumberOfSharesOutstandingBasic |
Diluted | 30,275,061us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding | 10,132,805us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding | 4,388,822us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding |
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- Definition
Revenues from initial franchise fees in addition to on-going franchise revenues and franchise area development right fees. No definition available.
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- Definition
The aggregate cost of goods produced and sold during the reporting period, excluding depreciation, depletion, and amortization. No definition available.
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- Definition
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of paid and unpaid cash, stock, and paid-in-kind (PIK) dividends declared, for example, but not limited to, common and preferred stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of gain (loss) from the difference between the sale price or salvage price and the book value of an asset that was sold or retired, and gain (loss) from the write down of assets from their carrying value to fair value. No definition available.
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- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of expenditures for salaries, wages, profit sharing and incentive compensation, and other employee benefits, including equity-based compensation, and pension and other postretirement benefit expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Costs incurred and are directly related to generating occupancy revenues. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition
The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of other expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating expense recognized during the period. Such amounts may include: (a) unusual costs, (b) loss on foreign exchange transactions, (c) losses on securities (net of profits), and (d) miscellaneous other expense items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Expenditures associated with opening new locations which are noncapital in nature and expensed as incurred. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Aggregate revenue during the period from the sale of goods in the normal course of business, after deducting returns, allowances and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of decrease to net income for accretion of temporary equity to its redemption value to derive net income apportioned to common stockholders. No definition available.
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- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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