| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Revenues: | |||||||||
Owned restaurant net revenue | |||||||||
108,775 | 74,033 | 58,654 | 54,068 | - | - | - | - | - | - |
Owned food, beverage and other net revenues | |||||||||
- | - | 10,227 | 9,880 | - | - | - | - | - | - |
Total owned revenue | |||||||||
- | - | 68,881 | - | - | - | - | - | - | - |
Total owned revenue | |||||||||
- | - | - | 63,948 | - | - | - | - | - | - |
Management, license and incentive fee revenue | |||||||||
11,906 | 11,568 | 10,779 | 8,466 | - | - | - | - | - | - |
Owned unit net revenues | |||||||||
- | - | - | - | 52,610 | 40,499 | 36,568 | 56,429 | - | - |
Management and incentive fee revenue | |||||||||
- | - | - | - | 7,921 | 8,823 | 7,336 | 3,691 | - | - |
Total revenues | |||||||||
120,681 | 85,601 | 79,660 | 72,414 | 60,531 | 49,322 | 43,904 | 60,120 | 0 | 0 |
Cost and expenses: | |||||||||
Owned operating expenses: | |||||||||
Owned operating expenses: | |||||||||
Owned restaurant cost of sales | |||||||||
28,005 | 18,989 | 15,544 | 13,781 | - | - | - | - | - | - |
Owned restaurant operating expenses | |||||||||
67,883 | 45,695 | 37,076 | 34,542 | - | - | - | - | - | - |
Total owned restaurant expenses | |||||||||
- | - | 52,620 | 48,323 | - | - | - | - | - | - |
Owned food, beverage and other expenses | |||||||||
- | - | 9,400 | 8,805 | - | - | - | - | - | - |
Total owned operating expenses | |||||||||
95,888 | 64,684 | - | - | - | - | - | - | - | - |
Total owned operating expenses | |||||||||
- | - | 62,020 | 57,128 | - | - | - | - | - | - |
Food and beverage costs | |||||||||
- | - | - | - | 13,228 | 10,425 | 9,650 | 14,262 | - | - |
Unit operating expenses | |||||||||
- | - | - | - | 34,271 | 24,344 | 22,447 | 32,605 | - | - |
General and administrative (including stock-based compensation of $338 and $181 for the three months ended March 31, 2020 and 2019 respectively) | |||||||||
11,472 | 11,119 | 11,893 | 11,172 | 10,711 | 8,687 | 10,777 | 2,207 | 291 | 26 |
Settlements | |||||||||
- | - | 1,245 | - | - | - | - | - | - | - |
Depreciation and amortization | |||||||||
5,404 | 2,824 | 3,051 | 2,647 | 2,191 | 1,438 | 1,456 | 7,363 | - | - |
Transaction and integration costs | |||||||||
2,513 | - | 421 | 1,293 | 1,724 | 0 | 4,597 | 0 | - | - |
Bargain purchase gain | |||||||||
10,963 | - | - | - | - | - | - | - | - | - |
Loss on impairment of investments | |||||||||
2,684 | - | - | - | - | - | - | - | - | - |
Lease termination expenses | |||||||||
-573 | -213 | -2,225 | -529 | 0 | - | - | - | - | - |
Impairment loss | |||||||||
- | - | - | - | 2,975 | 0 | - | - | - | - |
Management and royalty fees | |||||||||
- | - | - | - | 39 | 81 | 83 | 340 | - | - |
Pre-opening expenses | |||||||||
565 | 1,365 | 1,595 | 5,994 | 5,265 | 3,890 | 848 | 139 | - | - |
Equity in income of investee companies | |||||||||
- | 182 | 168 | 674 | 1,038 | 1,149 | 948 | -77 | - | - |
Other income, net | |||||||||
246 | 235 | -36 | 46 | - | - | - | - | - | - |
Total costs and expenses | |||||||||
107,890 | 79,788 | - | - | - | - | - | - | - | - |
Other (income) expense | |||||||||
- | - | - | - | 513 | 1,968 | 649 | 4,811 | - | - |
Total costs and expenses | |||||||||
- | - | 82,318 | 78,043 | 62,744 | 41,972 | 59,126 | 52,874 | - | - |
Net income | |||||||||
- | - | - | - | - | - | -21,853 | -2,792 | - | - |
Less: net income attributable to noncontrolling interest | |||||||||
- | - | - | - | - | 409 | -384 | -446 | - | - |
Operating (loss) income | |||||||||
12,791 | 5,813 | -2,658 | -5,629 | - | - | - | - | -291 | -26 |
Other expenses, net: | |||||||||
Derivative income | |||||||||
- | - | - | - | 6,141 | 3,854 | -10,095 | 0 | - | - |
Derivative income | |||||||||
- | - | - | 100 | - | - | - | - | - | - |
Interest expense, net of interest income | |||||||||
-1,954 | -1,193 | -1,167 | -464 | -30 | -75 | -768 | -688 | - | - |
Loss on early debt extinguishment | |||||||||
-858 | - | - | - | - | - | - | - | - | - |
Interest income - Trust | |||||||||
- | - | - | - | - | - | - | - | 0 | - |
Interest expense - related party | |||||||||
- | - | - | - | - | - | - | - | 2 | 4 |
Total other expenses, net | |||||||||
-2,812 | -1,193 | -1,167 | -364 | - | - | - | - | -2 | -4 |
(Loss) income before (benefit) provision for income taxes | |||||||||
9,979 | 4,620 | -3,825 | -5,993 | -2,212 | 7,349 | -15,221 | 7,246 | - | - |
(Benefit) provision for income taxes | |||||||||
-11,154 | 713 | 600 | 10,370 | -9,316 | 817 | 518 | 13 | - | - |
Net income (loss) | |||||||||
- | - | -4,425 | -16,363 | 7,103 | 6,532 | -15,740 | 7,232 | - | - |
Income from discontinued operations | |||||||||
- | - | 397 | -92 | -2 | -1,492 | -6,112 | -10,024 | - | - |
Net (loss) income | |||||||||
21,133 | 3,907 | -4,028 | -16,455 | 7,101 | 5,040 | - | - | - | - |
Less: net income attributable to noncontrolling interest | |||||||||
302 | 633 | 188 | 233 | 170 | - | - | - | - | - |
Net (loss) income attributable to The ONE Group Hospitality, Inc. | |||||||||
20,831 | 3,274 | -4,216 | -16,688 | 6,930 | 4,630 | -21,469 | -2,346 | -293 | -30 |
Currency translation loss | |||||||||
341 | 754 | 12 | - | - | - | - | - | - | - |
(Loss) income from continuing operations, net of taxes | |||||||||
- | - | - | - | 6,933 | 6,122 | - | - | - | - |
Income (loss) from discontinued operations, net of taxes | |||||||||
- | - | - | - | -2 | -1,492 | - | - | - | - |
Net (loss) income attributable to The ONE Group Hospitality, Inc. | |||||||||
20,831 | 3,274 | -4,216 | -16,688 | 6,930 | 4,630 | -21,469 | -2,346 | -293 | -30 |
Currency translation adjustment | |||||||||
- | - | - | -1,124 | -189 | -280 | 61 | -12 | - | - |
Comprehensive (loss) income | |||||||||
20,490 | 2,520 | -4,228 | -17,812 | 6,741 | 4,350 | -21,407 | -2,358 | - | - |
Net (loss) income attributable to The ONE Group Hospitality, Inc. per share: | |||||||||
Basic net income (loss) from continuing operations per share | |||||||||
- | - | -0.18 | - | - | - | - | - | - | - |
Basic net income from discontinued operations per share | |||||||||
- | - | 0.02 | - | - | - | - | - | - | - |
Shares used in computing basic and diluted loss per share (in shares) | |||||||||
- | - | - | 25,078 | 24,960 | 24,940 | 14,440 | 11,631 | 8,168 | - |
Basic net (loss) income per share | |||||||||
0.73 | 0.12 | -0.17 | - | - | - | - | - | - | - |
Continuing operations | |||||||||
- | - | - | -0.66 | 0.28 | 0.26 | -1.09 | 0.62 | - | - |
Discontinued operations | |||||||||
- | - | - | 0.00 | 0.00 | -0.06 | -0.42 | -0.86 | - | - |
Attributable to The ONE Group Hospitality, Inc. | |||||||||
- | - | - | -0.66 | 0.28 | 0.19 | -1.49 | -0.20 | -0.04 | 0.00 |
Diluted net income (loss) from continuing operations per share | |||||||||
- | - | -0.18 | - | - | - | - | - | - | - |
Diluted net income from discontinued operations per share | |||||||||
- | - | 0.02 | - | - | - | - | - | - | - |
Diluted net (loss) income per share | |||||||||
0.70 | 0.12 | -0.17 | - | - | - | - | - | - | - |
Shares used in computing basic (loss) earnings per share (in shares) | |||||||||
28,454 | 27,653 | 25,402 | - | - | - | - | - | - | - |
Shares used in computing diluted (loss) earnings per share (in shares) | |||||||||
29,636 | 28,122 | 25,402 | - | - | - | - | - | - | - |
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING, BASIC AND DILUTED | |||||||||
- | - | - | - | - | - | - | - | - | 8,698 |