Ruth’s Hospitality Group, Inc. RUTH Income Statement

Ruth’s hospitality group, inc. (RUTH)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jul'18	Apr'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	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenues:
Revenues
456,821	468,026	460,152	456,158	455,550	452,335	449,279	435,431	425,811	414,823	398,349	396,956	389,595	385,947	383,066	379,584	377,979	373,433	367,627	361,130	353,087	346,097	276,400	289,243	306,730	322,354	321,651	319,347	315,965	310,285	379,148	375,000	369,915	367,337	348,544	356,743	0	0	0
Costs and expenses:
Marketing and advertising
15,241	15,432	15,633	16,272	16,791	16,639	15,598	14,982	13,755	12,724	13,328	12,677	11,882	11,406	11,706	11,472	11,302	10,925	10,770	10,448	9,923	10,076	7,474	7,464	9,113	9,341	10,341	10,567	9,404	9,158	10,390	9,789	10,547	11,748	10,455	11,730	0	0	0
General and administrative costs
33,923	34,643	36,209	36,683	37,028	37,253	36,492	34,779	33,539	32,700	32,687	32,937	31,961	31,488	30,976	31,072	31,459	30,242	28,221	26,131	24,533	24,311	23,383	25,288	26,780	27,808	28,379	27,091	25,979	25,612	24,872	24,686	23,812	22,803	22,393	21,969	0	0	0
Depreciation and amortization expenses
22,207	21,354	20,230	19,497	19,046	18,538	17,668	16,893	15,951	14,995	14,616	14,198	13,838	13,434	13,080	12,886	12,702	12,520	12,347	11,799	11,326	10,917	8,367	8,726	9,142	10,229	9,906	10,431	10,940	11,050	14,806	14,845	14,855	14,859	14,815	15,056	0	0	0
Pre-opening costs
2,203	1,824	1,495	1,805	1,833	1,875	1,797	1,073	974	2,013	1,794	2,247	2,811	1,986	2,070	1,608	1,010	1,032	1,334	1,617	1,597	1,630	1,155	1,076	1,099	691	702	531	464	540	297	302	268	192	230	422	0	0	0
Loss on impairment
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring benefit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-502	-1,623	0	0	-	0
Gain on settlements, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-
Total costs and expenses
425,312	415,565	407,379	404,102	403,435	400,675	400,427	388,446	378,986	368,141	352,509	348,502	342,225	338,388	337,571	335,535	332,987	328,667	323,948	317,644	311,171	306,435	240,745	252,612	268,962	285,400	285,763	286,534	285,230	282,774	354,700	350,755	346,283	343,141	0	0	0	-	-
Operating income (loss)
31,509	52,461	52,773	52,056	52,115	51,660	48,852	46,985	46,825	46,682	45,840	48,454	47,370	47,559	45,495	44,049	44,992	44,766	43,679	43,486	41,916	39,662	35,655	36,631	37,768	36,954	35,888	32,813	30,735	27,511	24,448	24,245	23,632	24,196	22,077	28,757	0	0	0
Other income (expense):
Interest expense, net
2,420	2,197	1,946	1,778	1,764	1,739	1,554	1,281	1,022	821	875	1,011	1,120	1,154	1,001	856	777	790	865	974	1,098	1,159	1,176	1,294	1,411	1,640	1,951	2,216	2,399	2,364	2,362	2,401	2,542	2,892	3,289	3,558	0	0	0
Debt issuance costs written-off
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	807	0	0	0	-	0	0	-	-	-
Other
146	115	-9	-92	-83	-73	-10	49	41	53	-17	-103	27	10	377	478	350	358	51	47	43	37	6	-93	-102	-77	-394	-316	-271	-293	-921	-847	-676	-488	475	459	0	0	0
Income (loss) before income taxes
29,235	50,379	50,818	50,186	50,268	49,848	47,288	45,753	45,844	45,914	44,948	47,340	46,277	46,415	44,871	43,671	44,565	44,334	42,865	42,559	40,861	38,540	34,485	35,244	36,255	35,237	33,631	30,401	28,089	24,047	21,224	20,908	19,983	20,816	18,313	24,740	0	0	0
Income tax expense (benefit)
4,758	8,173	8,260	8,564	8,394	8,249	10,910	11,200	13,048	15,669	14,883	15,534	15,319	15,660	14,434	14,104	14,285	14,168	12,936	13,070	12,373	11,830	11,877	11,824	11,588	10,744	10,463	9,364	9,123	7,855	5,815	5,609	1,392	1,663	1,405	3,429	0	0	0
Net income (loss)
24,477	42,206	42,558	41,622	41,874	41,599	36,378	34,553	32,796	30,245	30,065	31,806	30,958	30,755	30,437	29,567	30,280	30,166	29,929	29,489	28,488	26,710	22,608	23,420	24,667	24,493	23,168	21,037	18,966	16,192	15,409	15,299	18,591	19,153	16,908	21,311	0	0	0
Income (loss) from discontinued operations, net of income taxes
-	-	-	-	-	81	24	-56	-61	-108	-298	-152	-207	-290	328	180	75	-162	-1,453	-10,876	-10,487	-10,255	-9,963	-590	-974	-2,004	-1,203	-1,157	-1,021	187	-65	40	122	396	260	-607	0	0	0
Net income
-	-	42,608	41,681	-	41,680	36,402	34,497	32,735	30,137	29,767	31,654	30,751	30,465	30,765	29,747	30,355	30,004	28,476	18,613	18,001	16,455	12,645	22,830	23,693	22,489	21,965	19,880	17,945	16,379	15,344	15,339	18,713	19,549	17,168	20,704	0	0	0
Basic earnings (loss) per common share:
Preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	514	1,138	1,761	2,384	2,493	2,492	2,492	0	0	0
Accretion of preferred stock redemption value
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	73	161	250	338	353	353	0	0	0	-
Excess of redemption value over carrying value of preferred shares redeemed
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35,776	0	0	0	-	0	0	-	-	-
Net income (loss) applicable to preferred and common shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-19,984	-21,731	-22,448	-19,785	16,703	14,323	17,948	0	0	0
Continuing operations (in dollars per share)
-	-	0.16	0.32	-	0.50	0.12	0.32	0.46	0.32	0.06	0.26	0.36	0.31	0.11	0.22	0.33	0.27	0.08	0.22	0.31	0.26	0.06	0.19	0.25	0.16	0.08	0.22	0.25	0.11	0.02	0.17	-0.89	0.04	0.00	0.20	0.14	-0.01	0.11
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-	-	-	0.00	0.00	-0.01	-0.03	-0.27	0.01	0.00	-0.02	0.00	-0.01	-0.03	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.01	-	-0.02
Basic earnings (loss) per common share
-0.13	0.50	0.16	0.32	0.48	0.50	0.12	0.32	0.46	0.31	0.06	0.26	0.36	0.30	0.11	0.22	0.33	0.28	0.08	0.22	0.30	0.23	-0.21	0.20	0.25	0.13	0.08	0.22	0.22	0.12	0.02	0.17	-0.89	0.04	0.00	0.20	0.15	-0.01	0.09
Diluted earnings (loss) per common share:
Continuing operations (in dollars per share)
-	-	0.16	0.31	-	0.49	0.12	0.32	0.45	0.32	0.06	0.25	0.35	0.31	0.11	0.21	0.33	0.26	0.08	0.22	0.31	0.26	0.06	0.18	0.25	0.14	0.08	0.22	0.25	0.11	0.02	0.17	-0.89	0.04	0.00	0.20	0.14	-0.01	0.11
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-0.01	-	-	-0.01	0.00	0.00	0.00	-	0.00	0.00	-0.01	-0.03	-0.27	0.01	0.00	-0.02	0.00	-0.01	-0.03	0.01	0.00	0.00	0.00	0.01	0.00	0.00	0.00	-	-0.02
Diluted earnings (loss) per common share
-0.13	0.50	0.16	0.31	0.47	0.49	0.12	0.32	0.45	0.32	0.05	0.25	0.35	0.30	0.11	0.21	0.33	0.27	0.08	0.22	0.30	0.23	-0.21	0.19	0.25	0.11	0.08	0.22	0.22	0.12	0.02	0.17	-0.89	0.05	0.00	0.20	0.14	-0.01	0.09
Shares used in computing earnings (loss) per common share:
Basic (in shares)
28,287	28,513	28,951	29,252	29,275	29,513	29,720	29,713	29,689	29,916	30,348	30,548	30,575	30,609	31,305	32,138	32,626	33,524	33,989	34,343	34,216	34,680	34,925	35,122	35,094	34,971	34,956	34,660	34,456	34,405	34,373	34,304	34,170	34,149	34,147	34,075	34,000	33,975	33,945
Diluted (in shares)
28,287	28,687	29,191	29,726	29,903	29,977	30,358	30,375	30,384	30,543	30,611	31,257	31,253	31,084	31,737	32,540	33,073	34,272	34,338	34,611	34,515	35,325	34,925	35,587	35,822	36,155	35,795	35,681	35,505	32,765	35,185	35,133	34,170	43,351	43,338	43,233	43,084	33,975	42,800
Cash dividends declared per common share
0.15	0.13	0.13	0.13	0.13	0.11	0.11	0.11	0.11	0.09	0.09	0.09	0.09	0.07	0.07	0.07	0.07	0.06	0.06	0.06	0.06	0.05	0.05	0.05	0.05	0.04	0.04	0.04	0.00	-	0.00	-	-	-	-	-	-	-	-
Restaurant Sales [Member]
Revenues
431,415	441,361	434,272	430,534	430,055	427,433	424,782	410,736	401,343	390,434	374,248	373,566	366,665	363,147	360,731	357,220	355,741	351,875	346,180	340,214	332,438	325,437	258,857	272,013	287,851	304,200	301,922	300,384	297,778	292,912	361,857	358,043	353,769	351,380	333,883	340,065	0	0	0
Franchise Income [Member]
Revenues
16,947	17,879	17,922	18,024	18,060	17,919	17,584	17,772	17,572	17,545	17,703	17,413	17,190	17,301	17,021	17,058	17,141	16,661	16,506	16,058	15,748	15,763	15,564	15,545	15,385	15,012	14,690	14,448	14,044	13,836	13,553	13,225	12,863	12,464	11,510	11,367	0	0	0
Other Operating Income [Member]
Revenues
8,459	8,786	7,957	7,599	7,434	6,982	6,913	6,923	6,896	6,844	6,398	5,977	5,740	5,499	5,314	5,306	5,097	4,897	4,941	4,858	4,901	4,897	1,979	1,685	3,494	3,142	5,039	4,515	4,143	3,537	3,738	3,732	3,283	3,493	3,151	5,311	0	0	0
Food and Beverage [Member]
Cost of goods sold
126,375	127,597	122,906	120,529	120,555	120,112	121,243	120,122	119,187	116,361	111,066	109,470	107,209	107,075	108,151	108,137	108,446	108,101	107,570	106,026	104,692	103,259	81,148	84,808	88,440	93,386	92,540	92,447	93,326	92,608	115,448	113,669	110,890	108,880	102,056	102,500	0	0	0
Restaurant Operating Expenses [Member]
Cost of goods sold
216,666	214,715	210,906	209,316	208,182	206,258	203,725	196,693	191,676	185,444	179,018	176,973	174,524	172,999	171,588	170,360	168,068	165,847	163,706	161,623	159,100	156,242	118,781	126,969	136,107	145,664	143,472	142,888	142,538	141,227	185,409	183,986	182,433	181,683	177,020	177,932	0	0	0