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Selected Quarterly Financial Data (Notes)
12 Months Ended
Jan. 01, 2019
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data Selected Quarterly Financial Data (unaudited)
The following table presents selected unaudited quarterly financial data for the periods indicated. Each fiscal quarter contained 13 weeks, with the exception of the fourth quarter of 2016, which had 14 operating weeks (in thousands, except per share data):
 
Fiscal 2018
 
January 1, 2019
 
October 2, 2018
 
July 3, 2018
 
April 3, 2018
Revenue
$
113,193

 
$
116,727

 
$
117,395

 
$
110,526

Income (loss) from operations (1)(2)(3)
$
950

 
$
2,132

 
$
(4,162
)
 
$
(2,678
)
Net income (loss)
$
19

 
$
1,050

 
$
(5,935
)
 
$
(3,575
)
Basic income (loss) per share
$

 
$
0.02

 
$
(0.14
)
 
$
(0.09
)
Diluted income (loss) per share
$

 
$
0.02

 
$
(0.14
)
 
$
(0.09
)
 
 
 
Fiscal 2017
 
January 2, 2018
 
October 3, 2017
 
July 4, 2017
 
April 4, 2017
Revenue
$
112,774

 
$
114,211

 
$
112,792

 
$
116,715

Income (loss) from operations (4)(5)
$
87

 
$
(7,483
)
 
$
(808
)
 
$
(25,646
)
Net loss
$
(487
)
 
$
(8,335
)
 
$
(1,815
)
 
$
(26,845
)
Net loss attributable to common stockholders (6)
$
(487
)
 
$
(8,335
)
 
$
(8,816
)
 
$
(27,810
)
Basic loss per share
$
(0.01
)
 
$
(0.20
)
 
$
(0.22
)
 
$
(0.99
)
Diluted loss per share
$
(0.01
)
 
$
(0.20
)
 
$
(0.22
)
 
$
(0.99
)

_____________
(1)
The second quarter of 2018 includes a $3.4 million charge for the final assessment related to the Data Breach Liabilities and a $0.3 million charge for the settlement of a Delaware gift card litigation.
(2)
Includes closure costs related to the seven restaurants that closed in the fourth quarter of 2018, three restaurants closed in the third quarter of 2018, seven restaurants that closed in the second quarter of 2018 and two restaurants that closed in the first quarter of 2018, most of which were approaching the expiration of their leases, as well as ongoing costs from restaurants closed in previous years. The closure costs recognized were $0.6 million in the fourth quarter of 2018, $1.5 million in the third quarter of 2018, $1.5 million in the second quarter of 2018 and $0.6 million in the first quarter of 2018. See Note 6, Restaurant Impairments, Closure Costs and Asset Disposals, for additional disclosure on closures.
(3)
The first quarter of 2018 includes an impairment charge of $0.4 million related to the impairment of one restaurant. The Company did not impair any restaurants in the second, third and fourth quarters of 2018.
(4)
The first quarter of 2017 includes $19.9 million of closure costs primarily related to the 55 restaurants closed during the first quarter of 2017. See Note 6, Restaurant Impairments, Closure Costs and Asset Disposals, for additional disclosure on closures.
(5)
Includes the impact of impairing three restaurants in the fourth quarter of 2017, 18 restaurants in the third quarter of 2017, nine restaurants in the second quarter of 2017 and four restaurants in the first quarter of 2017. The impairment costs recognized were $1.1 million in the fourth quarter of 2017, $9.1 million in the third quarter of 2017, $4.0 million in the second quarter of 2017 and $1.9 million in the first quarter of 2017. See Note 6, Restaurant Impairments, Closure Costs and Asset Disposals, for additional disclosure on impairments.
(6)
Represents net loss after accretion of the preferred stock issued to L Catterton to its full redemption value. See Note 8, Stockholders’ Equity for additional information.