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Quarterly Financial Information
12 Months Ended
Aug. 29, 2018
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information
Quarterly Financial Information
 
The following tables summarize quarterly unaudited financial information for fiscal 2018 and 2017.
 
 
Quarter Ended (1)
 
August 29,
2018
 
June 6,
2018
 
March 14,
2018
 
December 20,
2017
 
(84 days)
 
(84 days)
 
(84 days)
 
(112 days)
 
(In thousands, except per share data)
Restaurant sales
$
75,782

 
$
77,803

 
$
74,351

 
$
104,582

Franchise revenue
1,633

 
1,444

 
1,401

 
1,887

Culinary contract services
6,369

 
6,639

 
5,889

 
6,885

Vending revenue
119

 
118

 
151

 
143

Total sales
$
83,903

 
$
86,004

 
$
81,792

 
$
113,497

Loss from continuing operations
(1,858
)
 
(14,133
)
 
(11,461
)
 
(5,502
)
Loss from discontinued operations
(6
)
 
(463
)
 
(110
)
 
(35
)
Net loss
$
(1,864
)
 
$
(14,596
)
 
$
(11,571
)
 
$
(5,537
)
Net loss per share:
 
 
 
 
 
 
 
Basic
$
(0.06
)
 
$
(0.48
)
 
$
(0.39
)
 
$
(0.19
)
Assuming dilution
$
(0.06
)
 
$
(0.48
)
 
$
(0.39
)
 
$
(0.19
)
Costs and Expenses (as a percentage of restaurant sales)
 
 
 
 
 
 
Cost of food
27.8
%
 
28.6
%
 
28.5
%
 
28.5
%
Payroll and related costs
37.5
%
 
37.8
%
 
38.3
%
 
36.5
%
Other operating expenses
17.7
%
 
19.3
%
 
19.3
%
 
18.6
%
Occupancy costs
6.4
%
 
5.9
%
 
6.3
%
 
6.0
%
(1) Quarterly results reflect corrections of immaterial errors as disclosed in Note 1 to our consolidated financial statements in Part II, Item 8 in this Form 10-K.
 
Quarter Ended
 
August 30, 2017
 
June 7,
2017
 
March 15,
2017
 
December 21,
2016
 
(91 days)
 
(84 days)
 
(84 days)
 
(112 days)
 
(In thousands, except per share data)
Restaurant sales
$
79,078

 
$
82,594

 
$
81,064

 
$
108,082

Franchise revenue
1,556

 
1,477

 
1,819

 
1,871

Culinary contract services
5,825

 
4,515

 
3,306

 
4,297

Vending revenue
130

 
133

 
125

 
159

Total sales
$
86,589

 
$
88,719

 
86,314

 
$
114,409

Loss from continuing operations
(4,069
)
 
(377
)
 
(12,836
)
 
(5,514
)
Loss from discontinued operations
(32
)
 
(19
)
 
(343
)
 
(72
)
Net loss
$
(4,101
)
 
$
(396
)
 
$
(13,179
)
 
$
(5,586
)
Net loss per share:
 
 
 
 
 
 
 
Basic
$
(0.14
)
 
$
(0.01
)
 
$
(0.45
)
 
$
(0.19
)
Assuming dilution
$
(0.14
)
 
$
(0.01
)
 
$
(0.45
)
 
$
(0.19
)
Costs and Expenses (as a percentage of restaurant sales)
 
 
 
 
 
 
Cost of food
28.3
%
 
27.8
%
 
27.9
%
 
28.5
%
Payroll and related costs
36.1
%
 
35.7
%
 
36.1
%
 
35.8
%
Other operating expenses
18.6
%
 
16.7
%
 
17.0
%
 
18.2
%
Occupancy costs
6.4
%
 
6.0
%
 
6.6
%
 
6.0
%