| Dec'18 | Dec'17 | |||||
|---|---|---|---|---|---|---|
Revenues | ||||||
Food and beverage | ||||||
76,139 | 75,731 | |||||
Theater | ||||||
68,760 | 66,891 | |||||
Other | ||||||
3,446 | 1,720 | |||||
Total revenues | ||||||
148,345 | 144,342 | |||||
Operating expenses | ||||||
Cost of food and beverage | ||||||
20,198 | 20,407 | |||||
Cost of theater | ||||||
28,396 | 28,801 | |||||
Operating payroll and benefits | ||||||
38,942 | 38,592 | |||||
Occupancy expenses | ||||||
18,625 | 17,896 | |||||
Other operating expenses | ||||||
29,803 | 26,653 | |||||
General and administrative expenses | ||||||
27,357 | 15,264 | |||||
Depreciation and amortization expense | ||||||
18,300 | 19,686 | |||||
Pre-opening expenses | ||||||
112 | 1,634 | |||||
Impairment of property and equipment | ||||||
4,430 | 3,760 | |||||
Loss on abandonment of lease | ||||||
1,839 | - | |||||
Operating expenses | ||||||
188,002 | 172,693 | |||||
Operating loss | ||||||
-39,657 | -28,351 | |||||
Other expense | ||||||
Interest expense | ||||||
17,078 | 16,091 | |||||
Other income | ||||||
- | 5 | |||||
Total other expense | ||||||
-17,078 | -16,086 | |||||
Net loss before income tax expense | ||||||
-56,735 | -44,437 | |||||
Income tax expense | ||||||
30 | 87 | |||||
Net loss | ||||||
-56,765 | -44,524 | |||||
Less: Net loss attributable to non-controlling interests | ||||||
-33,566 | - | |||||
Net loss attributable to IPIC Entertainment Inc. | ||||||
-23,199 | -44,524 | |||||
Net loss per Class A common share (Note 9) | ||||||
Basic | ||||||
-4.05 | - | |||||
Diluted | ||||||
-4.05 | - | |||||
Weighted-average number of Class A common shares outstanding (Note 9) | ||||||
Basic | ||||||
4,629 | - | |||||
Diluted | ||||||
4,629 | - | |||||
Unaudited pro forma net loss per Class A common share (Note 12) | ||||||
Basic | ||||||
- | -3.98 | |||||
Diluted | ||||||
- | -3.98 | |||||
Unaudited pro forma weighted-average number of Class A common shares outstanding (Note 12) | ||||||
Basic | ||||||
- | 1,248 | |||||
Diluted | ||||||
- | 1,248 | |||||
Unaudited pro forma income tax expense (Note 12) | ||||||
- | 87 | |||||