Potbelly Corporation PBPB Income Statement

Potbelly corporation (PBPB)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jul'18	Jun'18	Apr'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Sep'12
Revenues
Total revenues
87,590	101,752	104,238	105,630	98,087	102,378	106,996	110,347	110,347	102,917	-	-	106,127	108,136	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sandwich shop sales, net
-	-	-	-	-	-	-	-	-	-	102,247	-	-	-	100,859	101,758	-	103,224	104,466	95,426	94,427	95,564	95,566	85,397	84,333	84,340	83,268	73,523	74,360	77,747	77,926	68,541	69,659
Franchise royalties and fees
-	-	-	-	-	-	-	-	-	-	670	-	-	-	840	600	-	558	570	529	666	475	383	371	470	335	352	358	401	274	260	203	210
Total revenues
-	-	-	-	-	-	-	-	-	-	102,917	-	-	-	101,699	102,358	-	103,782	105,036	95,955	95,093	96,039	95,949	85,768	84,803	84,675	83,620	73,881	74,761	78,021	78,186	68,744	69,869
Expenses
Sandwich shop operating expenses
Cost of goods sold, excluding depreciation
-	-	-	28,264	-	-	-	28,639	28,639	26,636	26,636	-	28,405	28,635	26,663	-	27,802	28,478	28,500	26,246	26,760	27,256	27,253	24,345	24,622	24,044	23,936	21,086	21,613	23,014	22,760	19,993	20,238
Labor and related expenses
30,397	31,886	32,430	32,114	31,973	31,595	32,376	32,412	32,412	31,579	31,579	33,124	31,187	31,564	30,462	-	29,578	30,163	29,935	28,162	27,213	27,663	27,152	24,600	24,528	23,772	23,405	21,460	21,361	21,223	21,204	19,791	19,778
Occupancy expenses
15,028	14,520	14,850	15,230	14,377	15,002	15,076	14,985	-	14,726	-	-	14,354	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Occupancy expenses
-	-	-	-	-	-	-	-	14,985	-	14,726	-	-	14,269	14,169	13,402	-	13,111	13,174	12,757	12,021	11,855	11,539	11,347	10,760	10,467	10,183	9,979	9,569	9,295	8,811	8,719	8,135
Other operating expenses
12,765	12,943	13,274	11,816	12,145	11,713	13,357	12,793	12,793	12,500	12,500	12,860	12,464	12,252	11,633	-	11,168	11,338	10,687	10,545	9,741	10,501	9,970	9,657	8,973	8,847	8,691	8,158	7,723	7,946	7,901	7,211	7,317
General and administrative expenses
10,734	10,141	11,256	13,843	12,709	11,147	10,087	13,440	13,440	12,188	12,188	11,243	12,104	10,919	10,352	-	9,584	9,999	10,305	10,523	9,616	9,232	9,643	8,831	8,110	7,623	8,865	7,822	15,358	8,293	7,823	8,182	6,874
Depreciation expense
5,456	5,617	5,365	5,585	5,536	5,611	5,847	5,858	5,858	5,826	5,826	6,720	6,315	6,446	6,199	-	5,738	5,656	5,676	5,664	5,527	5,510	5,288	5,151	5,075	5,039	4,784	4,717	4,591	4,460	4,444	4,380	4,080
Pre-opening costs
64	9	16	0	10	227	109	68	68	68	68	486	336	546	73	-	1,055	340	239	152	573	510	536	541	795	314	273	252	354	364	429	290	630
Impairment and loss on disposal of property and equipment
-5,957	-954	-1,650	-246	-82	-5,100	-4,386	-2,057	-2,057	-2,024	-2,024	-4,999	-1,536	-3,341	-885	-	-1,261	-1,855	-1,008	-17	-1,624	-1,133	-484	-348	-936	-1,315	-29	-848	-806	-250	-53	-26	-
Total expenses
104,575	102,614	106,381	107,098	102,810	107,748	109,693	110,252	110,252	105,547	105,547	114,925	106,701	107,972	100,436	-	99,588	100,940	99,524	94,066	93,075	93,660	91,865	84,820	83,799	81,421	80,166	74,322	81,375	74,845	73,425	68,592	67,052
Loss from operations
-16,985	-862	-2,143	-1,468	-4,723	-5,370	-2,697	95	95	-2,630	-2,630	-2,776	-574	164	1,263	-	2,770	2,842	5,512	1,889	2,018	2,379	4,084	948	1,004	3,254	3,454	-441	-6,614	3,176	4,761	152	2,817
Interest expense
74	104	28	35	32	33	54	28	28	27	27	23	32	41	28	-	32	33	41	28	41	56	63	61	55	42	40	42	56	97	122	112	176
Other expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2	4
Loss before income taxes
-17,059	-966	-2,171	-1,503	-4,755	-5,403	-2,751	67	67	-2,657	-2,657	-2,799	-606	123	1,235	-	2,738	2,809	5,471	1,861	1,977	2,323	4,021	887	949	3,212	3,414	-483	-6,670	3,079	4,639	38	2,637
Income tax expense (benefit)
-3,709	259	66	246	13,619	-1,084	-909	302	302	-504	-504	4,391	-487	186	553	-	711	960	2,039	733	686	866	1,563	351	272	1,260	1,407	-191	-2,994	905	1,869	16	84
Net loss
-13,350	-1,225	-2,237	-1,749	-18,374	-4,319	-1,842	-235	-235	-2,153	-2,153	-7,190	-119	-63	682	-	2,027	1,849	3,432	1,128	1,291	1,457	2,458	536	677	1,952	2,007	-292	-3,676	2,174	2,770	22	2,553
Net income (loss) attributable to non-controlling interest
-14	107	118	117	65	44	119	125	125	41	41	71	121	75	-1	-	71	54	59	40	56	56	-3	5	-25	5	-3	9	8	9	11	4	5
Net loss attributable to Potbelly Corporation
-13,336	-1,332	-2,355	-1,866	-18,439	-4,363	-1,961	-360	-360	-2,194	-2,194	-7,261	-240	-138	683	-	1,956	1,795	3,373	1,088	1,235	1,401	2,461	531	702	1,947	2,010	-301	-3,684	2,165	2,759	18	2,548
Dividend declared to common and preferred stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	49,854	-	-	-
Accretion of redeemable convertible preferred stock to maximum redemption value
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	4,796	2,905	7,396	5,545
Net income (loss) attributable to common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,684	-52,485	-146	-7,378	-2,997
Net loss per common share attributable to common stockholders:
Basic
-0.56	-0.07	-0.10	-0.08	-0.76	-0.17	-0.08	-0.01	-0.01	-0.09	-0.09	-0.29	-0.01	-0.01	0.03	-	0.08	0.07	0.13	0.04	0.04	0.05	0.09	0.02	0.02	0.07	0.07	-0.01	7.77	-12.29	-0.03	-1.74	-0.75
Diluted
-0.56	-0.07	-0.10	-0.08	-0.76	-0.17	-0.08	-0.01	-0.01	-0.09	-0.09	-0.29	-0.01	-0.01	0.03	-	0.07	0.07	0.13	0.04	0.05	0.05	0.08	0.02	0.02	0.06	0.07	-0.01	7.77	-12.29	-0.03	-1.74	-0.75
Weighted average shares outstanding:
Basic
23	-47,576	23,740	23,908	24	-75,964	25,369	25,551	25,551	25,144	25,144	-74,992	24,959	25,033	25,099	-	25,176	25,240	25,818	26,259	26,657	27,850	28,594	28,905	28,985	29,358	29,342	29,150	27,778	4,268	4,244	4,238	3,972
Diluted
23	-47,576	23,740	23,908	24	-75,964	25,369	25,551	25,551	25,144	25,144	-75,975	24,959	25,033	26,082	-	25,903	25,829	26,459	26,733	27,128	28,369	29,364	29,675	31,395	30,044	30,509	29,150	27,778	4,268	4,244	4,238	3,972
Product [Member]
Total revenues
86,961	101,069	103,560	104,801	97,258	101,560	106,238	109,381	-	102,247	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of goods sold, excluding depreciation
24,174	-	27,540	-	25,978	-	28,455	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Franchise Royalties And Fees [Member]
Total revenues
629	683	678	829	829	818	758	966	-	670	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-