Del frisco's restaurant group, inc. (DFRG)
Balance Sheet / Quarterly
Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Dec'17Aug'17May'17Mar'17Dec'16Aug'16May'16Mar'16Dec'15Aug'15Jun'15Mar'15Dec'14Aug'14Jun'14Mar'14Dec'13Aug'13May'13Mar'13Dec'12Aug'12May'12Dec'11
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value, Including Discontinued Operations

-

-

-

-

-

-

-

4,553

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash and cash equivalents

10,671

4,651

8,535

4,344

897

2,979

4,553

-

441

2,145

8,727

14,622

755

4,635

2,053

5,176

1,239

1,928

6,835

3,520

1,108

12,050

16,298

13,674

8,711

14,443

9,809

10,763

5,756

5,765

14,119

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19

215

215

215

215

215

215

215

215

215

215

215

976

976

976

Inventory

23,055

22,613

22,461

20,668

18,238

18,115

15,539

15,539

16,645

16,225

15,741

16,400

15,853

16,193

16,763

17,308

16,788

15,668

15,722

16,592

14,379

13,925

13,692

14,094

12,555

12,200

12,125

12,103

9,970

9,745

9,891

Income taxes receivable

766

206

2,861

3,346

39

3,594

3,369

3,369

2,551

969

1,424

3,599

4,576

4,315

3,514

5,487

3,873

3,563

3,069

4,769

-

1,256

38

1,471

1,993

-

232

-

2,166

-

-

Deferred income taxes, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,166

3,076

2,855

3,124

2,842

2,889

3,007

2,797

2,672

2,410

-

2,067

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,302

-

1,963

2,028

1,748

Lease incentives receivable

5,407

4,060

6,775

7,801

9,363

5,674

1,739

1,739

3,177

3,988

-

4,025

-

-

-

2,252

3,667

3,569

4,626

5,406

2,681

3,474

3,454

4,226

2,205

1,755

2,712

3,092

-

-

241

Prepaid expenses

3,623

3,790

8,284

6,272

-

-

5,383

5,383

-

-

-

5,199

-

-

-

4,270

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current assets

5,091

9,652

9,043

6,871

-

-

3,392

3,392

-

-

-

2,835

-

-

-

2,504

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Disposal Group, Including Discontinued Operation, Assets, Current

-

-

-

0

-

-

3,028

3,028

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

-

-

-

-

6,789

6,272

-

-

6,548

5,476

12,978

-

7,246

5,557

7,360

-

4,593

4,303

5,298

6,007

4,374

3,384

4,154

5,355

3,259

3,139

4,255

4,758

5,619

6,008

4,255

Total current assets

48,613

44,972

57,959

49,302

35,326

36,634

37,003

37,003

29,362

28,803

38,870

46,680

28,430

30,700

29,690

36,997

33,345

32,322

38,620

39,633

25,599

37,193

40,858

41,832

31,610

34,162

31,650

32,998

26,450

24,522

31,230

Property and equipment:
Land

-

-

-

-

-

-

-

-

-

-

-

6,477

-

-

-

8,295

-

-

-

8,295

-

-

-

2,122

-

-

-

2,120

-

-

-

Land and land improvements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,963

Buildings and improvements

7,432

10,018

17,500

13,569

-

-

0

0

-

-

-

9,460

-

-

-

11,162

-

-

-

4,312

-

-

-

1,740

-

-

-

1,455

-

-

1,418

Leasehold improvements

283,027

278,532

251,417

262,590

235,443

214,766

167,383

157,306

-

-

-

200,122

-

-

-

173,545

-

-

-

151,917

-

-

-

126,432

-

-

-

105,976

-

-

81,579

Furniture, fixtures, and equipment

91,333

89,804

85,164

77,717

73,966

73,792

61,500

61,500

-

-

-

68,123

-

-

-

60,948

-

-

-

48,918

-

-

-

39,093

-

-

-

30,253

-

-

21,276

Construction in progress

17,043

7,038

24,906

1,079

-

-

0

10,076

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property, Plant and Equipment, Gross

398,835

385,392

378,987

354,955

309,409

288,558

228,883

228,882

-

-

-

284,182

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

106,236

Less accumulated depreciation

102,525

94,285

91,184

86,793

108,159

105,863

75,566

75,566

-

-

-

88,190

-

-

-

70,759

67,020

64,198

61,971

58,443

54,002

51,035

-

45,296

-

-

-

34,236

-

-

25,728

Property and equipment, net

296,310

291,107

287,803

268,162

201,250

182,695

153,317

153,316

208,368

208,045

202,979

195,992

187,922

186,239

181,697

183,191

179,579

167,473

156,694

154,999

148,826

135,237

125,675

124,091

115,786

110,865

108,390

105,568

94,407

91,157

80,508

Operating lease right-of-use assets, net

166,204

154,268

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,850

Deferred compensation plan investments

-

-

-

-

-

-

-

14,644

-

-

-

15,054

-

-

-

13,955

13,373

13,862

13,595

12,760

12,406

12,000

11,298

10,754

9,591

9,262

8,849

7,802

7,321

6,779

6,159

Goodwill

159,279

156,131

156,131

159,278

62,157

62,157

43,928

43,928

75,365

75,365

75,365

75,365

75,365

75,365

75,365

75,365

75,365

75,365

75,365

75,365

75,365

75,365

75,365

75,365

75,365

75,365

75,365

75,365

75,365

76,103

76,103

Intangible assets, net

205,710

205,734

206,573

206,383

36,944

36,976

20,284

20,284

37,345

37,364

37,386

37,409

37,399

37,418

36,841

36,865

36,437

36,465

36,539

36,575

36,468

36,275

36,311

36,348

36,343

36,329

36,360

36,391

36,377

36,415

36,493

Deferred income taxes

-

-

-

0

2,043

-

1,683

1,683

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan costs, net of accumulated amortization of $20 in 2013 and $37 in 2014

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

31

-

-

-

45

-

-

1,868

Other assets

20,502

18,565

17,566

19,547

15,402

14,892

15,187

543

14,348

14,079

15,759

282

15,241

14,568

14,349

282

326

331

332

334

351

342

346

230

268

261

260

216

218

1,860

63

Noncurrent assets held for sale

-

-

-

0

-

-

57,068

57,068

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Assets, Net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

114,527

Total assets

896,618

870,777

726,032

702,672

353,122

333,354

328,470

328,469

364,788

363,656

370,359

370,782

344,357

344,290

337,942

346,655

338,425

325,818

321,145

319,666

299,015

296,412

289,853

288,651

268,963

266,244

260,874

258,385

240,138

236,836

234,274

LIABILITIES AND EQUITY
Current liabilities:
Cash overdraft

-

-

-

-

4,655

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current maturities of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,000

-

-

-

-

-

-

-

-

-

-

Accounts payable

38,368

35,011

43,527

35,802

16,022

13,047

13,941

13,940

8,403

10,486

13,012

12,791

8,644

9,939

10,693

16,486

14,966

9,908

11,361

12,198

6,546

9,220

7,439

8,478

4,974

4,776

5,200

8,804

5,849

7,948

7,491

Deferred revenue

13,605

14,848

16,624

12,640

13,116

-

17,646

17,646

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

417

-

-

-

165

-

-

-

331

-

-

-

Real estate taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

417

Accrued self-insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,020

1,010

1,034

950

2,003

1,881

1,760

1,778

1,799

1,746

1,646

1,662

1,595

1,604

1,581

Deferred revenue

-

-

-

-

-

14,410

-

-

12,270

13,835

15,748

18,735

12,148

13,555

14,922

17,635

10,521

11,990

13,351

15,716

9,557

10,354

11,115

12,983

8,017

8,268

8,657

10,314

6,080

6,351

8,074

Sales tax payable

2,736

2,773

3,215

2,512

1,978

1,700

3,314

3,314

2,418

2,196

-

2,531

-

-

-

2,548

-

-

-

2,505

-

-

-

1,865

-

-

-

1,687

-

-

1,299

Accrued payroll

9,167

12,426

11,258

10,264

7,342

7,372

7,103

7,103

5,191

6,433

-

7,359

-

-

-

5,538

4,928

5,381

5,792

5,788

4,577

4,818

4,745

5,524

4,331

4,505

4,533

6,262

5,584

5,316

5,913

Current portion of deferred rent obligations

0

0

4,193

5,024

5,998

4,949

4,177

4,177

3,836

3,836

-

-

-

-

-

-

-

-

-

1,786

-

-

-

1,396

-

-

-

1,314

-

-

833

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

397

-

-

-

-

2,097

-

1,768

-

2,092

60

Other current liabilities

10,292

6,638

6,026

5,064

4,815

4,385

5,076

5,076

6,502

5,489

19,442

9,660

13,465

15,008

12,234

5,180

6,123

6,793

5,317

1,536

5,491

5,665

4,044

1,595

4,042

4,732

6,176

1,611

4,685

3,283

2,622

Operating Lease, Liability, Current

27,030

28,559

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance Lease, Liability, Current

1,028

1,183

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital Lease Obligations, Current

-

-

1,714

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term Debt, Current Maturities

3,353

3,353

3,100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of capital and financing lease obligations

-

-

-

1,706

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of long-term debt

-

-

-

3,100

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Disposal Group, Including Discontinued Operation, Liabilities, Current

-

-

-

0

-

-

575

575

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

105,579

104,791

89,657

76,112

53,926

45,863

51,832

51,831

38,620

42,275

48,202

51,076

34,257

38,502

37,849

47,387

37,558

35,082

36,855

40,896

34,571

31,938

29,103

33,784

23,163

26,124

26,212

33,753

23,793

26,594

28,290

Noncurrent liabilities:
Long-term Debt, Excluding Current Maturities

350,755

336,140

320,736

297,205

40,476

29,709

24,477

24,477

40,163

22,750

22,000

0

0

0

0

4,500

15,100

-

-

-

-

-

-

-

-

-

-

0

-

61,500

70,000

Operating Lease, Liability, Noncurrent

198,264

184,686

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance Lease, Liability, Noncurrent

7,157

7,074

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred compensation plan liabilities

-

-

-

-

-

-

-

11,326

-

-

-

15,212

-

-

-

14,083

-

-

-

12,979

-

-

-

11,022

-

-

-

8,415

-

-

6,969

Capital Lease Obligations, Noncurrent

-

-

11,828

10,463

826

836

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred rent obligations

0

0

56,442

54,441

55,010

50,411

41,166

41,166

42,683

41,672

41,839

37,697

36,101

34,325

34,321

34,336

35,879

34,498

33,303

33,186

30,094

28,564

27,707

27,511

24,385

23,700

23,515

22,644

21,078

19,683

16,314

Deferred income taxes, net

23,427

22,717

23,900

30,214

0

-

0

0

-

-

-

18,189

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes, net

-

-

-

-

-

3,464

-

-

17,173

17,311

17,320

-

16,922

16,578

16,137

16,550

16,214

15,849

15,608

16,179

12,792

14,195

15,069

15,199

14,823

14,125

13,645

10,792

12,500

12,490

12,081

Other liabilities

12,520

11,053

9,887

12,607

12,685

12,307

13,261

1,935

12,403

16,231

15,818

2,242

16,655

15,932

15,732

2,100

15,324

18,816

18,422

5,443

17,373

16,881

16,048

4,352

14,507

14,149

14,025

4,880

12,704

12,062

4,748

Noncurrent liabilities held for sale

-

-

-

0

-

-

8,647

8,647

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

697,702

666,461

512,450

481,042

162,923

142,590

139,383

139,382

151,042

140,239

145,179

124,416

103,935

105,337

104,039

118,956

120,075

104,245

104,188

108,683

94,830

91,578

87,927

91,868

76,878

78,098

77,397

80,484

70,075

132,329

138,402

Commitments and contingencies

-

-

-

0

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Stockholders' equity:
Preferred stock, $0.001 par value, 10,000,000 shares authorized, no shares issued and outstanding at June 25, 2019 or December 25, 2018

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, $0.001 par value, 190,000,000 shares authorized, 37,571,574 shares issued and 33,422,315 shares outstanding at June 25, 2019 and 37,444,400 shares issued and 33,321,795 shares outstanding at December 25, 2018

37

37

37

37

24

24

24

24

24

24

24

24

24

24

24

24

24

24

24

24

24

24

24

24

24

24

24

24

24

18

18

Treasury stock at cost: 4,149,259 and 4,122,605 shares at June 25, 2019 and December 25, 2018, respectively

67,823

67,823

67,823

67,823

67,823

67,823

67,823

67,823

56,510

47,763

42,920

17,823

13,000

13,000

13,000

13,000

13,000

10,000

10,000

10,000

10,000

6,382

3,681

3,681

-

-

-

-

-

-

-

Additional paid in capital

250,647

249,650

248,618

247,656

149,478

148,481

147,503

147,503

145,768

144,916

143,926

143,325

139,683

139,000

138,394

137,601

136,178

135,366

134,463

133,883

132,606

131,423

130,582

129,961

126,174

121,855

121,617

119,610

119,337

51,341

51,341

Retained Earnings (Accumulated Deficit)

17,384

23,782

33,379

41,446

108,520

110,082

109,383

109,383

124,464

126,240

124,150

120,840

113,715

112,929

108,485

103,074

95,148

96,183

92,470

87,076

81,555

79,769

75,001

70,479

65,887

66,267

61,836

58,267

50,702

53,148

44,513

Accumulated other comprehensive loss, net of tax

-1,329

-1,330

-629

314

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

0

0

0

0

0

0

Stockholders' Equity Attributable to Parent

198,916

204,316

213,582

221,630

190,199

190,764

189,087

189,087

213,746

223,417

225,180

246,366

240,422

238,953

233,903

227,699

218,350

221,573

216,957

210,983

204,185

204,834

201,926

196,783

192,085

188,146

183,477

177,901

170,063

104,507

95,872

Total liabilities and stockholders' equity

896,618

870,777

726,032

702,672

353,122

333,354

328,470

328,469

364,788

363,656

370,359

370,782

344,357

344,290

337,942

346,655

338,425

325,818

321,145

319,666

299,015

296,412

289,853

288,651

268,963

266,244

260,874

258,385

240,138

236,836

234,274