Note 18 - Quarterly Financial Information

12 Months Ended

Aug. 28, 2013

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information [Text Block]

Note 18. Quarterly Financial Information

The following tables summarize quarterly unaudited financial information for fiscal years 2013 and 2012.

	Quarter Ended (a)
	August 28, 2013			May 8, 2013			February 13, 2013			November 21, 2012
	(112 days)			(84 days)			(84 days)			(84 days)
	(In thousands except per share data)
Restaurant sales	$	118,623		$	91,736		$	82,271		$	74,090
Franchise revenue		2,235			1,639			1,540			1,522
Culinary contract services		5,086			4,099			3,667			3,841
Total sales		125,944			97,474			87,477			79,453
Income from continuing operations (b)		790			2,612			603			217
Discontinued operations		(331	)		(118	)		(400	)		(88	)
Net income		459			2,494			203			129
Net income per share:
Basic		0.02			0.09			0.01			0.01
Assuming dilution		0.02			0.09			0.01			0.01
Costs and Expenses
(As a percentage of restaurant sales)
Cost of food		28.8	%		28.6	%		28.9	%		28.2	%
Payroll and related costs		34.0	%		33.1	%		35.1	%		34.5	%
Other operating expenses		19.3	%		17.5	%		17.3	%		18.1	%
Occupancy costs		6.3	%		5.6	%		6.0	%		5.5	%

	Quarter Ended (a)
	August 29, 2012			May 9, 2012			February 15, 2012			November 23, 2011
	(112 days)			(84 days)			(84 days)			(84 days)
	(In thousands except per share data)
Restaurant sales	$	100,194		$	78,091		$	73,565		$	73,307
Franchise revenue		2,394			1,702			1,653			1,482
Culinary contract services		4,642			4,336			4,197			4,536
Total sales		107,230			84,129			79,415			79,325
Income from continuing operations (b)		3,187			2,499			1,357			571
Discontinued operations		(46	)		(77	)		(269	)		(367	)
Net income		3,141			2,423			1,088			204
Net income per share:
Basic		0.11			0.09			0.04			0.01
Assuming dilution		0.11			0.09			0.04			0.01
Costs and Expenses
(As a percentage of restaurant sales)
Cost of food		27.8	%		27.4	%		28.3	%		28.0	%
Payroll and related costs		34.5	%		33.0	%		34.6	%		34.3	%
Other operating expenses		17.0	%		16.5	%		15.8	%		17.5	%
Occupancy costs		5.5	%		5.3	%		5.6	%		5.7	%

(a) The quarters ended August 28, 2013 and August 29, 2012 consists of four four-week periods. All other quarters presented represent three four-week periods.

(b) The first quarter encompasses the typical start of school and second quarter includes Christmas and Thanksgiving holidays.