CARROLS RESTAURANT GROUP, INC. TAST Income Statement

Carrols restaurant group, inc. (TAST)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jul'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Jan'17	Sep'16	Jun'16	Mar'16	Sep'15	Jun'15	Mar'15	Sep'14	Jun'14	Mar'14	Sep'13	Jun'13	Mar'13	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Products and Services [Table]
Revenues:
Revenue
0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Franchise royalty revenues and fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Restaurant sales
-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Restaurant sales
-	-	-	-	-	-	-	-	1,143,838	1,120,266	-	1,045,391	999,026	960,916	943,583	0	0	0	0	0	0	0	0	0	0	0	0	348,476	269,604	236,095	347,518	577,339	690,881	0	0	0
Costs and expenses:
Cost of sales
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of sales
-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of sales
-	-	-	-	-	-	-	-	316,555	313,362	-	289,941	271,935	255,328	250,112	0	0	0	0	0	0	0	0	0	0	0	0	109,635	82,047	69,667	103,860	173,773	209,874	0	0	0
Restaurant wages and related expenses
509,661	485,278	451,742	416,063	391,877	382,829	372,984	0	369,133	360,127	350,054	337,019	321,157	306,754	297,766	0	0	0	0	0	0	0	0	0	0	0	0	114,322	88,444	78,455	109,155	172,668	204,663	0	0	0
Restaurant rent expense
114,685	107,147	99,203	90,162	83,351	81,409	79,997	0	79,312	78,325	75,948	72,800	69,307	66,533	64,814	0	0	0	0	0	0	0	0	0	0	0	0	24,994	18,534	16,294	22,665	35,530	42,013	0	0	0
Other restaurant operating expenses
239,737	227,364	210,435	193,235	181,516	178,750	175,735	0	173,109	170,430	166,786	162,324	157,046	152,452	148,946	0	0	0	0	0	0	0	0	0	0	0	0	59,168	44,034	39,108	53,389	84,554	99,973	0	0	0
Advertising expense
60,693	58,689	55,200	51,268	48,947	48,340	47,393	0	46,966	46,041	44,677	43,569	42,733	42,072	41,299	0	0	0	0	0	0	0	0	0	0	0	0	14,558	10,523	9,617	14,424	23,859	27,815	0	0	0
General and administrative (including stock-based compensation expense of $1,132 and $1,526 respectively)
85,797	84,734	78,538	74,775	70,175	66,587	65,420	0	62,517	60,908	60,348	59,081	57,382	57,326	54,956	0	0	0	0	0	0	0	0	0	0	0	0	21,079	16,526	13,325	20,982	35,536	43,435	0	0	0
Depreciation and amortization
80,413	74,674	68,655	62,010	59,510	58,468	57,413	0	56,513	55,258	54,159	52,854	51,269	49,389	47,295	0	0	0	0	0	0	0	0	0	0	0	0	18,604	14,833	12,643	16,058	24,071	28,260	0	0	0
Impairment and other lease charges
0	-	0	0	0	-	0	0	0	0	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Other expense (income), net
-274	1,911	2,207	2,187	0	-	0	0	0	-	-	0	0	-	-338	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Impairment and other lease charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	1,483	5,057	0	0	0
Other Income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	238	344	0	-	0	0	-	-	-
Other income (Note 9)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-
Total operating expenses
1,549,116	1,471,508	1,366,437	1,250,226	1,172,987	1,145,952	1,119,495	0	1,108,797	1,086,723	1,059,059	1,019,701	972,971	933,300	907,881	0	0	0	0	0	0	0	0	0	0	0	0	362,107	274,854	238,734	341,106	550,624	660,242	0	0	0
Loss from operations
-25,622	-8,743	3,010	13,793	25,523	33,355	36,025	0	35,041	33,543	29,473	25,690	26,055	27,616	35,702	0	0	0	0	0	0	0	0	0	0	0	0	-13,996	-5,615	-3,004	6,412	27,433	31,692	0	0	0
Interest expense
29,049	27,856	26,311	24,642	23,659	23,638	23,695	0	23,723	22,835	21,710	20,467	19,090	18,581	18,315	0	0	0	0	0	0	0	0	0	0	0	0	6,769	3,973	3,655	7,353	13,330	16,342	0	0	0
Gain on bargain purchase
-	-	0	0	-	230	230	0	230	22	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Extinguishment of Debt
-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	-	-	-	-	0	0	-	-	0	0	-	-	-
Loss before income taxes
-62,114	-44,042	-30,744	-18,292	2,072	9,947	12,560	0	11,548	10,730	7,763	5,223	6,965	9,035	17,387	0	0	0	0	0	0	0	0	0	0	0	0	-22,285	-12,341	-7,903	-2,185	12,870	15,350	0	0	0
Income Tax Expense (Benefit)
-19,455	-12,123	-10,538	-8,509	335	-157	342	0	146	1,077	604	-27,477	-27,429	-28,696	-28,085	0	0	0	0	0	0	0	0	0	0	0	0	-8,836	-5,589	-2,230	-1,661	0	0	0	0	0
Income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-
Income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-
Income (loss) from discontinued operations, net of income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,090	8,300	0	-	0	0	-	-	-
Net loss
-42,659	-31,919	-20,206	-9,783	1,737	10,104	12,218	0	11,402	9,653	7,159	32,700	34,394	37,731	45,472	0	0	0	0	0	0	0	0	0	0	0	0	-9,921	-174	5,445	11,218	15,752	14,782	0	0	0
Basic and diluted net income (loss) per share
-0.44	-0.18	-0.15	-0.09	-0.32	0.06	0.08	0.17	0.17	-0.09	0.13	0.06	0.13	-0.16	-	0.10	0.21	0.05	0.16	-0.14	-0.27	-0.05	-0.06	-0.32	-0.12	-0.15	-0.23	-	-	-	-	-	-	0.10	-	-
Shares used in computing net loss per share:
Continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.02	0.01	-	-	-
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.14	0.24	-	-	-
Earnings Per Share, Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.21	0.11
Diluted net income per share (Note 16)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.21	0.11
Weighted Average Number of Shares Outstanding, Basic
-	-	45,947	-	-	35,739	35,735	-	35,720	35,665	35,434	35,431	35,415	35,384	35,257	35,237	35,117	35,101	-	-	34,882	34,797	-	-	-	-	-	-	-	-	-	21,690	21,663	21,642	21,623	21,618
Diluted weighted average common shares outstanding
-	-	45,947	-	-	55,002	45,410	-	45,201	35,665	54,642	44,937	44,941	35,384	44,850	44,855	44,818	44,880	44,678	34,899	34,882	34,797	-	-	-	-	-	-	-	-	-	22,232	22,160	22,067	21,777	21,844
Continuing Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.02	0.01	-	-	-
Discontinued Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.14	0.24	-	-	-
Income (loss) from continuing operations, per basic and diluted share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.28	-0.03	-0.13	-	-	-	-	-	-
Income (loss) from discontinued operations, per basic and diluted share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.03	-0.03	-	-	-	-	-	-
Basic and diluted weighted average common shares outstanding
50,821	-	-	-	36,045	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30,766	23,151	23,020	22,899	22,868	22,747	22,742	21,856	-	-	-	-	-	-
Other comprehensive income (loss), net of tax:
Net loss
-42,659	-31,919	-20,206	-9,783	1,737	10,104	12,218	0	11,402	9,653	7,159	32,700	34,394	37,731	45,472	0	0	0	0	0	0	0	0	0	0	0	0	-9,921	-174	5,445	11,218	15,752	14,782	0	0	0
Change in valuation of interest rate swap (Note 7)
0	-	0	0	0	-	0	0	0	0	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Change in valuation of interest rate swap, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	68	0	0	-	0	-	-	-	-
Comprehensive loss
-46,600	-30,651	-19,642	-9,219	2,301	10,668	12,211	0	11,395	9,646	7,152	31,832	33,526	36,863	44,604	0	0	0	0	0	0	0	0	0	0	0	0	-10,303	-556	4,957	10,768	0	0	0	-	-
Change in valuation of interest rate swap, net of tax benefit of $43, $0 and $0 (Note 8)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
Restaurant sales
Revenue
-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other revenue
Revenue
-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-