Sonic corp (SONC)
Income statement / Quarterly
Aug'18May'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16Nov'15Aug'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11May'11Feb'11Nov'10Aug'10May'10Feb'10Nov'09
Revenues:
Company Drive-In sales

58,505

66,587

53,090

62,540

72,601

72,062

64,286

87,152

111,456

115,143

95,313

103,883

125,215

118,369

92,309

100,138

119,002

111,014

81,848

93,499

116,689

108,445

83,706

93,456

110,406

110,070

87,185

96,782

113,366

113,745

86,435

97,274

115,406

108,752

86,627

103,584

Franchise Drive-Ins:
Franchise royalties and fees

49,677

48,251

33,737

40,778

47,840

48,220

34,328

40,139

47,663

46,687

36,047

39,922

46,967

43,704

32,407

38,264

41,818

38,795

26,582

31,221

38,988

35,833

25,996

29,920

37,182

35,801

25,954

29,076

37,221

34,825

24,813

29,012

35,764

32,807

24,364

29,450

Franchise fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

385

517

369

816

854

390

692

Lease revenue

2,516

2,203

1,401

1,684

1,962

2,418

1,675

1,381

2,327

2,141

1,399

1,592

1,970

1,569

979

1,065

1,609

1,081

715

886

1,261

1,089

949

1,486

1,970

2,056

1,261

1,288

1,676

1,828

1,152

1,367

1,794

2,264

1,246

1,575

Other

1,056

1,265

-126

426

1,165

1,290

-131

879

672

1,268

401

406

1,114

1,106

524

389

1,340

1,297

596

1,046

1,864

1,267

490

1,146

1,382

1,500

684

1,133

192

1,315

606

1,124

1,291

1,368

702

1,180

Total revenues

111,754

118,306

88,102

105,428

123,568

123,990

100,158

129,551

162,118

165,239

133,160

145,803

175,266

164,748

126,219

139,856

163,769

152,187

109,741

126,652

158,802

146,634

111,141

126,008

150,940

149,427

115,084

128,279

151,184

152,098

113,523

129,146

155,071

146,045

113,329

136,481

Costs and expenses:
Company Drive-Ins:
Food and packaging

15,720

18,549

14,601

17,713

19,859

19,380

17,616

24,116

30,888

32,089

26,213

28,946

34,573

32,727

25,828

28,573

34,871

32,175

23,043

26,236

33,591

30,776

23,546

26,632

30,764

30,600

24,686

27,725

31,957

31,996

24,564

26,999

31,888

30,031

23,691

28,671

Payroll and other employee benefits

20,683

23,468

21,083

22,774

24,789

25,590

25,332

31,766

38,625

39,912

35,359

36,364

41,752

40,898

33,880

35,271

38,831

37,737

30,031

33,340

39,674

37,924

31,448

33,465

38,168

38,539

32,740

35,084

40,676

40,466

32,718

35,557

40,548

39,427

30,744

34,969

Other operating expenses, exclusive of depreciation and amortization included below

11,283

12,354

11,370

13,579

13,923

13,836

14,278

19,426

22,974

22,442

20,100

22,908

24,952

22,955

19,924

22,605

23,796

21,805

18,437

21,807

24,010

21,356

18,811

21,976

23,265

22,261

20,727

22,911

24,538

23,549

20,810

22,406

25,149

23,820

21,399

24,322

Total cost of Company Drive-In sales

47,686

54,371

47,054

54,066

58,571

58,806

57,226

75,308

92,487

94,443

81,672

88,218

101,277

96,580

79,632

86,449

97,498

91,717

71,511

81,383

97,275

90,056

73,805

82,073

92,197

91,400

78,153

85,720

97,171

96,011

78,092

84,962

97,585

93,278

75,834

87,962

Selling, general and administrative

22,344

21,118

16,846

19,769

19,874

20,763

18,296

19,754

19,747

20,617

20,785

20,940

21,711

20,699

18,138

18,788

18,885

17,639

15,886

17,005

17,482

16,943

15,467

16,130

16,721

16,951

16,084

15,417

16,165

17,212

15,285

16,281

16,295

17,096

17,324

16,132

Depreciation and amortization

9,863

9,566

9,560

9,366

9,717

9,520

9,734

10,277

10,957

11,405

11,057

10,999

11,258

11,435

11,539

11,660

11,123

11,022

10,031

10,034

9,940

9,783

10,069

10,595

10,650

10,288

10,510

10,466

10,419

10,139

10,367

10,300

10,657

10,645

10,647

10,666

Provision for impairment of long-lived assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

203

173

-

511

49

176

88

-

188

-

-

Other operating income, net

583

4,010

272

221

3,889

540

7,725

2,840

1,620

106

2,566

399

949

336

81

-421

139

-128

36

129

-2,296

142

218

-7

-82

151

384

78

-

-20

-2

-

-

-

-

-

Total costs and expenses

79,974

81,045

73,188

82,980

85,413

88,549

77,531

102,499

121,803

126,359

110,948

119,758

134,737

128,378

109,228

117,318

127,481

120,506

97,392

108,293

128,769

116,640

99,123

108,805

120,038

118,691

104,536

111,525

123,681

123,411

103,920

111,631

139,510

121,207

103,805

114,760

Other operating income, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

277

-

-184

-540

18

Income from operations

31,780

37,261

14,914

22,448

38,155

35,441

22,627

27,052

40,315

38,880

22,212

26,045

40,529

36,370

16,991

22,538

36,288

31,681

12,349

18,359

30,033

29,994

12,018

17,203

30,902

30,736

10,548

16,754

27,248

28,667

9,601

17,792

15,504

24,654

8,984

21,739

Interest expense

8,647

8,598

8,138

7,675

7,472

7,318

7,227

7,189

7,249

6,776

6,467

6,222

6,133

6,382

6,318

6,281

6,287

6,328

6,384

6,383

6,805

7,170

7,448

7,675

7,801

7,836

7,930

8,041

8,186

7,991

8,141

8,282

8,281

9,036

9,586

9,804

Interest income

543

524

455

382

351

291

262

494

190

121

105

100

118

91

97

102

96

112

144

117

130

153

168

141

153

174

139

164

193

161

149

203

204

251

209

284

Loss from debt transactions

-

0

-1,310

-

-

0

0

-

-

-8,750

-

-

-

-

-

-

-

-

-

-

-

-

-492

-

-

-

0

-

-

-28,230

5,205

-

-

-314

-

-

Net interest expense

-8,104

-8,074

-8,993

-7,293

-7,121

-7,027

-6,965

-6,695

-7,059

-15,405

-6,362

-6,122

-6,015

-6,291

-6,221

-6,179

-6,191

-6,216

-6,240

-6,266

-10,626

-7,017

-7,772

-7,534

-7,648

-7,662

-7,791

-7,877

-8,003

-36,060

-2,787

-8,079

-8,077

-9,099

-9,377

-9,520

Income before income taxes

23,676

29,187

5,921

15,155

31,034

28,414

15,662

20,357

33,256

23,475

15,850

19,923

34,514

30,079

10,770

16,359

30,097

25,465

6,109

12,093

19,407

22,977

4,246

9,669

23,254

23,074

2,757

8,877

19,245

-7,393

6,814

9,713

7,427

15,555

-393

12,219

Provision for income taxes

5,084

7,611

-13,686

3,725

10,203

9,663

4,699

7,239

7,819

8,122

5,031

7,465

8,218

9,637

3,108

6,274

11,272

8,689

2,002

3,885

7,209

8,184

669

3,536

8,752

8,667

1,080

3,378

6,959

-2,742

2,466

2,471

2,431

3,450

-789

3,877

Net income - including noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,996

12,105

396

8,342

Net income - noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,619

-1,139

1,038

2,112

Net income

18,592

21,576

19,607

11,430

20,831

18,751

10,963

13,118

25,437

15,353

10,819

12,458

26,296

20,442

7,662

10,085

18,825

16,776

4,107

8,208

12,198

14,793

3,577

6,133

14,502

14,407

1,677

5,499

12,286

-4,651

4,348

7,242

4,655

10,966

-642

6,230

Basic income per share (usd per share)

0.51

0.58

0.51

0.29

0.49

0.44

0.25

0.29

0.53

0.32

0.22

0.25

0.51

0.39

0.14

0.19

0.34

0.31

0.07

0.15

0.22

0.26

0.06

0.11

0.24

0.24

0.03

0.09

0.20

-0.08

0.07

0.12

0.08

0.18

-0.01

0.10

Diluted income per share (usd per share)

0.49

0.58

0.51

0.29

0.48

0.44

0.25

0.28

0.52

0.31

0.22

0.24

0.50

0.38

0.14

0.18

0.34

0.30

0.07

0.14

0.21

0.26

0.06

0.11

0.24

0.24

0.03

0.09

0.20

-0.08

0.07

0.12

0.07

0.18

-0.01

0.10

Cash dividends declared per common share (usd per share)

0.16

0.16

0.16

0.16

0.14

0.14

0.14

0.14

0.11

0.11

0.11

0.11

0.00

0.09

0.09

0.09

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-