Note 11 - Segment Reporting

12 Months Ended

Jun. 02, 2015

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

11.  Segment Reporting

Financial results by reportable segment for fiscal years 2015, 2014, and 2013 are as follows (in thousands):

	Fiscal Year
	2015			2014			2013
Revenues:
Ruby Tuesday concept	$	1,106,304		$	1,147,348		$	1,234,730
Lime Fresh concept		20,262			21,398			16,757
Total revenues	$	1,126,566		$	1,168,746		$	1,251,487
Segment profit/(loss):
Ruby Tuesday concept	$	116,408		$	69,543		$	111,367
Lime Fresh concept		(2,630	)		(6,070	)		(10,204	)
Total segment profit	$	113,778		$	63,473		$	101,163
Depreciation and amortization:
Ruby Tuesday concept	$	48,552		$	52,990		$	57,900
Lime Fresh concept		1,687			2,007			2,196
Support center and other		2,152			2,350			2,302
Total depreciation and amortization	$	52,391		$	57,347		$	62,398
Closures and impairments, net:
Ruby Tuesday concept	$	6,940		$	27,617		$	6,421
Lime Fresh concept		3,078			5,214			8,144
Support center and other		524			–			91
Total closures and impairments, net	$	10,542		$	32,831		$	14,656
Capital expenditures:
Ruby Tuesday concept	$	29,509		$	24,553		$	22,609
Lime Fresh concept		1,293			2,742			10,036
Support center and other		208			1,044			4,472
Total capital expenditures	$	31,010		$	28,339		$	37,117
Total assets:
Ruby Tuesday concept	$	787,214		$	824,293		$	893,750
Lime Fresh concept		10,839			15,203			18,943
Support center and other		131,338			116,931			130,490
Total assets	$	929,391		$	956,427		$	1,043,183

The following is a reconciliation of segment profit to loss from continuing operations before taxes for fiscal years 2015, 2014, and 2013 (in thousands):

	2015			2014			2013
Segment profit	$	113,778		$	63,473		$	101,163
Less:
Depreciation and amortization		(52,391	)		(57,347	)		(62,398	)
Unallocated general and administrative expenses		(42,710	)		(47,946	)		(18,026	)
Preopening expenses		(290	)		(395	)		(761	)
Goodwill and trademark impairments		–			(855	)		(14,058	)
Interest expense, net		(22,735	)		(24,945	)		(26,576	)
Other expense, net		(757	)		(1,560	)		(1,278	)
Loss from continuing operations before income taxes	$	(5,105	)	$	(69,575	)	$	(21,934	)