Noodles & company (NDLS)
Income statement / Quarterly
Dec'19Oct'19Jul'19Apr'19Jan'19Oct'18Sep'18Jul'18Jun'18Apr'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Sep'12Jun'12
Revenue:
Revenue from Contract with Customer, Excluding Assessed Tax

113,871

118,304

120,190

110,046

113,193

116,727

-

117,395

-

110,526

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restaurant revenue

-

-

-

-

-

-

115,552

-

116,451

-

109,613

111,424

113,020

111,628

115,527

128,033

121,442

120,204

112,865

115,715

116,151

113,834

104,782

107,205

105,143

98,197

88,448

90,396

87,864

88,362

80,518

76,306

74,757

Franchising royalties and fees

-

-

-

-

-

-

1,175

-

944

-

913

1,350

1,191

1,164

1,188

1,367

1,239

1,203

1,121

1,414

1,177

1,399

979

1,342

1,073

1,262

1,071

1,073

1,072

877

762

793

737

Total revenue

-

-

-

-

-

-

116,727

-

117,395

-

110,526

112,774

114,211

112,792

116,715

129,400

122,681

121,407

113,986

117,129

117,328

115,233

105,761

108,547

106,216

99,459

89,519

91,469

88,936

89,239

81,280

77,099

75,494

Costs and expenses:
Restaurant operating costs (exclusive of depreciation and amortization shown separately below):
Cost of sales

-

-

-

-

-

-

30,617

-

31,089

-

29,256

29,833

29,955

29,598

32,087

35,165

33,112

32,164

30,189

31,839

30,941

29,863

27,812

28,684

28,359

26,326

23,848

24,368

23,127

23,096

21,301

20,246

19,947

Labor

-

-

-

-

-

-

37,738

-

38,043

-

36,572

37,240

36,897

36,430

39,594

43,496

40,973

39,316

37,434

37,280

37,687

35,149

33,029

32,082

31,884

29,328

27,198

26,576

26,345

26,289

24,830

23,065

22,184

Occupancy

-

-

-

12,430

11,865

-

12,035

-

12,357

12,763

12,763

12,537

12,709

12,630

14,001

15,118

13,792

13,688

13,314

12,691

12,911

12,480

12,218

11,426

11,004

10,245

9,865

9,349

8,870

8,595

8,359

7,468

7,265

Other restaurant operating costs

16,209

17,161

16,858

16,456

15,578

16,224

16,224

16,875

16,875

16,898

16,898

14,939

15,811

16,194

17,147

19,053

18,470

18,596

16,892

16,671

17,003

15,158

14,717

13,599

14,532

12,243

12,206

11,116

11,315

10,567

11,080

9,488

9,711

General and administrative

11,022

10,436

11,848

10,140

10,612

10,399

10,399

14,813

14,813

10,268

10,268

9,880

9,807

9,393

10,666

20,526

15,251

9,840

10,037

10,210

9,384

9,232

8,418

8,589

7,545

8,251

7,009

8,085

6,939

13,654

7,215

7,464

6,217

Depreciation and amortization

5,460

5,458

5,661

5,507

5,465

5,790

5,790

5,797

5,797

5,820

5,820

5,884

6,183

6,279

6,267

7,151

7,006

7,071

6,906

6,843

7,117

6,923

6,919

6,818

6,454

5,905

5,610

5,549

5,238

5,035

4,801

4,334

4,099

Pre-opening

71

266

65

0

0

0

0

3

3

47

47

75

69

246

545

442

856

796

1,037

1,257

1,108

1,162

880

1,143

1,142

1,027

1,113

936

1,183

769

921

829

590

Restaurant impairments, closure costs and asset disposals

4,107

336

2,884

420

1,190

1,792

1,792

2,580

2,580

1,580

1,580

2,299

10,263

2,830

22,054

32,764

2,283

11,248

1,016

6,801

16,479

250

6,086

733

251

193

214

327

339

297

201

201

282

Total costs and expenses

113,624

113,260

118,952

111,136

112,243

114,595

114,595

121,557

121,557

113,204

113,204

112,687

121,694

113,600

142,361

173,715

131,743

132,719

116,825

123,592

132,630

110,217

110,079

103,074

101,171

93,518

87,063

86,306

83,356

88,302

78,708

73,095

70,295

Operating Income (Loss)

247

5,044

1,238

-1,090

950

2,132

2,132

-4,162

-4,162

-2,678

-2,678

87

-7,483

-808

-25,646

-44,315

-9,062

-11,312

-2,839

-6,463

-15,302

5,016

-4,318

5,473

5,045

5,941

2,456

5,163

5,580

937

2,572

4,004

5,199

Gain (Loss) on Extinguishment of Debt

-

0

0

-

-

0

0

-626

-626

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,646

-

Interest Expense

602

737

800

761

915

1,093

1,093

1,154

1,154

1,138

1,138

1,011

893

927

1,008

952

738

598

628

614

391

198

229

197

112

36

20

-3

132

1,014

1,053

1,118

1,492

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest

-1,143

4,307

438

-1,851

30

1,039

1,039

-5,942

-5,942

-3,816

-3,816

-924

-8,376

-1,735

-26,654

-45,267

-9,800

-11,910

-3,467

-7,077

-15,693

4,818

-4,547

5,276

4,933

5,905

2,436

4,542

5,448

-77

1,519

240

3,707

Income Tax Expense (Benefit)

40

64

0

0

11

-11

-11

-7

-7

-241

-241

-437

-41

80

191

109

41

2,177

-1,094

-2,823

-5,872

1,756

-1,795

1,742

1,990

2,378

1,012

2,134

2,183

-145

595

107

1,527

Net Income (Loss) Attributable to Parent

-1,183

4,243

438

-1,851

19

1,050

1,050

-5,935

-5,935

-3,575

-3,575

-487

-8,335

-1,815

-26,845

-45,376

-9,841

-14,087

-2,373

-4,254

-9,821

3,062

-2,752

3,534

2,943

3,527

1,424

2,408

3,265

68

924

133

2,180

Accretion of preferred stock to redemption value

-

-

-

-

0

-

0

-

0

-

0

1

0

7,001

965

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss) Available to Common Stockholders, Basic

-1,183

4,243

438

-1,851

19

1,050

1,050

-5,935

-5,935

-3,575

-3,575

-488

-8,335

-8,816

-27,810

-45,376

-9,841

-14,087

-2,373

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings Per Share [Abstract]
Earnings Per Share, Basic

-0.03

0.10

0.01

-0.04

0.01

0.02

0.02

-0.14

-0.14

-0.09

-0.09

0.21

-0.20

-0.22

-0.99

-1.63

-0.35

-0.51

-0.09

-0.14

-0.35

0.10

-0.09

0.11

0.10

0.12

0.05

0.10

0.11

0.00

0.04

0.01

0.09

Earnings Per Share, Diluted

-0.02

0.09

0.01

-0.04

0.01

0.02

0.02

-0.14

-0.14

-0.09

-0.09

0.21

-0.20

-0.22

-0.99

-1.63

-0.35

-0.51

-0.09

-0.14

-0.35

0.10

-0.09

0.11

0.10

0.11

0.05

0.09

0.11

0.00

0.04

0.01

0.09

Weighted average shares of Class A and Class B common stock outstanding, combined:
Weighted Average Number of Shares Outstanding, Basic

44,260

43,990

43,964

43,933

43,922

43,094

43,094

41,172

41,172

41,128

41,128

41,075

41,109

40,779

28,073

27,934

27,802

27,776

27,721

27,708

28,253

29,950

29,843

29,801

29,757

29,703

29,606

29,479

29,399

23,509

23,238

23,238

23,238

Weighted Average Number of Shares Outstanding, Diluted

45,997

44,899

45,075

43,933

42,187

44,829

44,829

41,172

41,172

41,128

41,128

41,075

41,109

40,779

28,073

27,934

27,802

27,776

27,721

26,938

28,253

30,720

29,843

30,987

30,893

31,063

31,059

31,829

31,063

24,189

23,672

23,388

23,244

Restaurant revenue
Total revenue

-

116,759

118,858

108,765

-

115,552

-

116,451

-

109,613

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of goods and services sold

-

29,544

30,448

29,091

-

30,617

-

31,089

-

29,256

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Franchising royalties and fees, and other
Revenue from Contract with Customer, Excluding Assessed Tax

1,582

1,545

1,332

1,281

1,138

1,175

-

944

-

913

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Labor
Cost of goods and services sold

-

37,951

38,877

37,092

-

37,738

-

38,043

-

36,572

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Occupancy
Cost of goods and services sold

-

12,108

12,311

-

-

12,035

-

12,357

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-