BOJANGLES', INC. BOJA Income Statement

Bojangles', inc. (BOJA)

Income statement / TTM

Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14
Revenues:
Total revenues
557,346	554,721	551,042	547,438	546,189	543,344	538,114	531,881	521,227	512,289	501,210	488,202	476,871	462,917	448,941	430,472	0	0	0
Company-operated restaurant revenues
-	523,648	520,750	-	-	510,418	508,034	504,664	494,668	485,846	475,215	462,138	451,114	437,770	424,369	406,788	0	0	0
Franchise royalty revenues
-	28,625	28,465	-	-	27,062	26,705	26,364	25,896	25,593	25,340	25,104	24,799	24,176	23,484	22,746	0	0	0
Franchise marketing and co-op advertising contribution revenues
-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Properties and equipment rental revenues
-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other franchise revenues
-	1,164	1,157	-	-	607	843	853	663	850	655	960	958	971	1,088	938	0	0	0
Restaurant operating expenses:
Company-operated restaurant food and supplies costs
-	166,689	165,968	-	-	159,785	158,807	158,644	156,927	154,819	152,523	150,563	147,113	142,916	139,568	133,191	0	0	0
Company-operated restaurant labor costs
-	153,922	152,330	-	-	144,262	141,850	138,839	135,281	132,595	129,248	126,380	123,955	120,677	117,412	112,506	0	0	0
Company-operated restaurants operating costs
125,690	125,385	123,783	121,935	119,052	116,668	113,534	112,256	110,442	107,753	105,458	100,916	97,027	94,427	91,987	88,476	0	0	0
Company-operated restaurant depreciation and amortization
13,067	13,979	13,889	13,632	13,360	13,084	12,834	12,709	12,510	12,275	11,865	11,456	10,947	10,409	10,069	9,713	0	0	0
Franchise marketing and co-op advertising costs
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Costs associated with properties and equipment rentals
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total restaurant operating expenses
461,684	460,889	456,522	451,445	447,601	439,056	429,557	422,448	415,160	407,442	399,094	389,315	379,042	368,429	359,036	343,886	0	0	0
Operating income before other operating expenses
95,662	93,832	94,520	95,993	98,588	104,288	108,557	109,433	106,067	104,847	102,116	98,887	97,829	94,488	89,905	86,586	0	0	0
Other operating expenses:
General and administrative
42,518	41,130	41,001	38,397	39,436	38,898	38,483	39,041	38,339	39,127	41,442	42,844	42,028	39,885	36,037	32,107	0	0	0
Depreciation and amortization
2,639	2,770	2,858	2,918	2,964	2,962	2,925	2,917	2,912	2,892	2,867	2,809	2,723	2,595	2,487	2,372	0	0	0
Impairment
7,338	6,730	2,598	2,041	2,069	2,535	2,022	1,927	1,982	1,583	1,396	1,210	0	0	0	-	-	-	-
Restaurant closures and refranchising costs and related asset write-downs
0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss (gain) on disposal of property and equipment and other
112	294	354	305	140	-133	-268	-47	-53	-135	-139	-336	-265	-42	0	-	0	0	-
Total other operating expenses
68,725	53,682	46,103	43,051	44,329	44,528	43,698	43,932	43,286	43,737	45,844	47,199	45,705	43,054	39,081	35,023	0	0	0
Operating (loss) income
26,937	40,150	48,417	52,942	54,259	59,760	64,859	65,501	62,781	61,110	56,272	51,688	52,124	51,434	50,824	51,563	0	0	0
Amortization of deferred debt issuance costs
639	624	612	614	637	689	735	763	765	774	783	821	809	788	731	733	0	0	0
Interest income
3	4	16	16	15	14	4	4	5	4	7	7	7	7	2	2	0	0	0
Interest expense
6,270	6,411	6,444	6,463	6,485	6,809	7,132	7,489	7,700	7,882	8,116	8,314	8,673	9,102	9,327	9,123	0	0	0
(Loss) income before income taxes
20,030	33,119	41,377	45,881	47,153	52,276	56,996	57,253	54,320	52,458	47,380	42,560	42,649	41,551	40,768	41,709	0	0	0
Income tax benefit (expense)
-33,528	-30,040	-27,793	-26,125	14,466	16,459	19,594	19,537	18,582	17,829	16,448	16,034	16,056	16,882	16,195	15,589	0	0	0
Net (loss) income
53,558	63,159	69,170	72,006	32,687	35,817	37,402	37,716	35,738	34,629	30,932	26,526	26,593	24,669	24,573	26,120	0	0	0
Other comprehensive income, net of tax
Change in fair value on interest rate swaps, net of income tax benefit (expense) of $19, $(41), $(23) and $(43)
209	337	248	210	777	1,001	724	227	-50	-564	-194	-127	-678	-266	-564	-268	0	0	0
Comprehensive (loss) income
53,767	63,496	69,418	72,216	33,464	36,818	38,126	37,943	35,688	34,065	30,738	26,399	25,915	24,403	24,009	25,852	0	0	0
Net (loss) income per share:
Basic
-0.07	0.07	0.13	1.32	0.19	0.23	0.21	0.26	0.28	0.28	0.22	-	0.25	0.31	-	-	-	-	0.00
Diluted
-0.07	0.06	0.12	1.28	0.18	0.22	0.19	0.25	0.27	0.27	0.21	0.21	0.24	0.17	0.09	0.21	0.19	0.17	0.13