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Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 26, 2016
Mar. 28, 2015
Revenue $ 202,009 $ 212,834
Less excise taxes 13,182 13,331
Net revenue 188,827 199,503
Cost of goods sold 97,296 99,888
Gross profit 91,531 99,615
Advertising, promotional and selling expenses 59,249 60,247
General and administrative expenses 21,045 17,230
Total operating expenses 80,294 77,477
Operating income 11,237 22,138
Interest income (expense), net 23 (3)
Other income (expense), net (219) (325)
Total other income (expense), net (196) (328)
Income before income tax provision 11,041 21,810
Provision for income taxes 4,009 8,067
Net income $ 7,032 $ 13,743
Net income per common share - basic $ 0.55 $ 1.04
Net income per common share - diluted $ 0.53 $ 1.00
Weighted-average number of common shares - diluted 13,088 13,633
Net Income $ 7,032 $ 13,743
Other comprehensive income, net of tax:    
Foreign currency translation adjustment (4) 6
Comprehensive income $ 7,028 $ 13,749
Common Class A    
Net income per common share - basic $ 0.55 $ 1.04
Net income per common share - diluted $ 0.53 $ 1.00
Weighted-average number of common shares - basic 9,375 9,598
Weighted-average number of common shares - diluted 13,088 13,633
Common Class B    
Net income per common share - basic $ 0.55 $ 1.04
Weighted-average number of common shares - basic [1] 3,367 3,617
[1] Change in Class B Common Stock resulted from the conversion of 150,000 shares to Class A Common Stock on May 6, 2015 and 100,000 shares to Class A Common Stock on October 26, 2015, with the thirteen-week number of shares reflecting the weighted average for the periods.