XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME/(LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 28, 2021
Sep. 29, 2020
Sep. 28, 2021
Sep. 29, 2020
CONDENSED CONSOLIDATED STATEMENTS OF INCOME/(LOSS)        
Revenues $ 754,474 $ 517,716 $ 2,150,847 $ 1,428,673
Costs and expenses:        
Cost of sales 169,418 118,093 474,237 331,137
Labor expenses 279,957 200,666 784,501 560,460
Other operating costs and expenses 201,490 159,095 582,518 448,740
General and administrative expenses 45,802 37,795 138,457 117,467
Depreciation and amortization expenses 22,576 22,651 66,805 68,803
Impairment of assets and lease terminations   10,402 594 204,731
Acquisition-related costs   39   2,343
Acquisition-related contingent consideration, compensation and amortization expenses/(benefit) 685 1,439 12,592 (3,992)
Preopening costs 3,169 2,394 9,804 7,610
Total costs and expenses 723,097 552,574 2,069,508 1,737,299
Income/(loss) from operations 31,377 (34,858) 81,339 (308,626)
Interest and other expense, net (1,794) (2,935) (9,194) (7,019)
Income/(loss) before income taxes 29,583 (37,793) 72,145 (315,645)
Income tax (benefit)/ provision (3,097) (9,447) 1,882 (94,597)
Net income/(loss) 32,680 (28,346) 70,263 (221,048)
Dividends on Series A preferred stock   (4,838) (18,661) (8,532)
Direct and incremental Series A preferred stock issuance cost       (10,257)
Undistributed earnings allocated to Series A preferred stock     (5,804)  
Net income/(loss) available to common stockholders $ 32,680 $ (33,184) $ 45,798 $ (239,837)
Net income/(loss) per common share:        
Basic (in dollars per share) $ 0.65 $ (0.76) $ 0.98 $ (5.47)
Diluted (in dollars per share) $ 0.64 $ (0.76) $ 0.96 $ (5.47)
Weighted-average common shares outstanding:        
Basic (in shares) 50,212 43,900 46,624 43,849
Diluted (in shares) 51,113 43,900 47,675 43,849