Carrols restaurant group, inc. (TAST)
Income statement / Yearly
Dec'19Dec'18Dec'17Jan'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Products and Services [Table]
Gain on Business Interruption Insurance Recovery

200

424

333

-

-

-

-

-

-

-

-

-

Stock-based compensation

-

-

-

-

2,053

1,438

1,180

1,205

925

-

-

-

Revenues:
Revenue

1,462,765

1,179,307

1,088,532

-

-

-

-

-

-

-

-

-

Restaurant sales

-

-

-

943,583

-

-

-

-

-

347,518

357,073

384,020

Costs and expenses:
Cost of sales

431,969

326,308

304,593

-

-

-

-

-

-

-

-

-

Cost of sales

-

-

-

250,112

-

-

-

-

-

103,860

105,399

105,376

Restaurant wages and related expenses

485,278

382,829

350,054

297,766

-

-

-

-

-

109,155

112,534

119,321

Restaurant rent expense

107,147

81,409

75,948

64,814

-

-

-

-

-

22,665

23,169

23,981

Other restaurant operating expenses

227,364

178,750

166,786

148,946

-

-

-

-

-

53,389

54,602

57,377

Advertising expense

58,689

48,340

44,677

41,299

-

-

-

-

-

14,424

14,966

16,213

General and administrative (including stock-based compensation expense of $1,132 and $1,526 respectively)

84,734

66,587

60,348

54,956

-

-

-

-

-

20,982

19,210

20,561

Depreciation and amortization

74,674

58,468

54,159

47,295

-

-

-

-

-

16,058

15,354

14,714

Impairment and other lease charges

3,564

3,685

2,827

2,355

-

-

-

-

-

-

-

-

Impairment and other lease charges

-

-

-

-

-

-

-

-

-

1,293

-

-

Other expense (income), net

1,911

424

333

-338

-

-

-

-

-

-

-

-

Impairment and other lease charges

-

-

-

-

-

-

-

-

-

-

709

487

Other Income

-

-

-

-

-

-

-

-

-

720

444

-

Other income (Note 9)

-

-

-

-

-

-

-

-

-

-

-

-79

Total operating expenses

1,471,508

1,145,952

1,059,059

907,881

-

-

-

-

-

341,106

345,499

358,109

Loss from operations

-8,743

33,355

29,473

35,702

-

-

-

-

-

6,412

11,574

25,911

Interest expense

27,856

23,638

21,710

18,315

-

-

-

-

-

7,353

8,957

8,907

Gain on bargain purchase

0

230

0

0

-

-

-

-

-

-

-

-

Gain (Loss) on Extinguishment of Debt

-7,443

0

0

-

-

-

-

-

-

-1,244

0

0

Loss before income taxes

-44,042

9,947

7,763

17,387

-

-

-

-

-

-2,185

2,617

17,004

Income Tax Expense (Benefit)

-12,123

-157

604

-28,085

-

-

-

-

-

-1,661

-

5,930

Provision (benefit) for income taxes

-

-

-

-

-

-

-

-

-

-

807

-

Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-524

1,810

-

Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

11,074

Income (loss) from discontinued operations, net of income taxes

-

-

-

-

-

-

-

-

-

11,742

10,106

10,761

Net loss

-31,919

10,104

7,159

45,472

-

-

-

-

-

11,218

11,916

21,835

Basic and diluted net income (loss) per share

-0.74

0.22

0.16

-

-

-

-

-

-

-

-

-

Shares used in computing net loss per share:
Continuing operations

-

-

-

-

-

-

-

-

-

-

-

0.51

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

0.49

Earnings Per Share, Basic

-

-

-

1.01

-

-

-

-

-

-

-

-

Weighted Average Number of Shares Outstanding, Basic

43,421

35,715

35,416

35,178

-

-

-

-

-

-

21,620

21,594,366

Diluted weighted average common shares outstanding

43,421

45,319

44,976

44,851

-

-

-

-

-

-

21,835

21,768

Continuing Operations

-

-

-

-

-

-

-

-

-

-0.02

0.08

0.51

Discontinued Operations

-

-

-

-

-

-

-

-

-

0.54

0.47

0.50

Basic and diluted weighted average common shares outstanding

-

-

-

-

-

-

-

-

-

21,677

-

-

Other comprehensive income (loss), net of tax:
Net loss

-31,919

10,104

7,159

45,472

-

-

-

-

-

11,218

11,916

21,835

Change in valuation of interest rate swap, net of tax

-

-

-

-

-

-

-

-

-

-68

0

-

Change in postretirement benefit obligations, net of tax

-1,268

-564

7

868

-

-

-

-

-

382

128

-

Comprehensive loss

-30,651

10,668

7,152

44,604

-

-

-

-

-

10,768

11,788

-

Change in valuation of interest rate swap, net of tax benefit of $43, $0 and $0 (Note 8)

-

-

-

-

-

-

-

-

-

-

-

0

Change in postretirement benefit obligations, net of tax benefit of $243, $98, and $192, respectively (Note 15)

-

-

-

-

-

-

-

-

-

-

-

-301

Comprehensive income (loss)

-

-

-

-

-

-

-

-

-

-

-

21,534

Restaurant sales
Revenue

1,452,516

1,179,307

1,088,532

-

-

-

-

-

-

-

-

-

Other revenue
Revenue

10,249

0

0

-

-

-

-

-

-

-

-

-