ZOE'S KITCHEN, INC. ZOES Income Statement

Zoe's kitchen, inc. (ZOES)

Income statement / Quarterly

Sep'18	Jun'18	Apr'18	Dec'17	Sep'17	Jun'17	Apr'17	Dec'16	Sep'16	Jun'16	Apr'16	Dec'15	Sep'15	Jun'15	Apr'15	Dec'14	Sep'14	Jun'14	Apr'14	Sep'13	Jun'13	Apr'13
Revenue:
Restaurant sales
78,861	81,558	102,029	71,350	77,808	74,261	90,504	61,941	67,245	66,222	80,348	52,648	56,333	54,424	62,949	52,710	43,437	41,761	46,118	28,991	27,028	31,190
Royalty fees
39	41	45	32	45	44	57	42	51	51	63	43	51	50	59	48	128	127	148	153	158	189
Total revenue
78,900	81,599	102,074	71,382	77,853	74,305	90,561	61,983	67,296	66,273	80,411	52,691	56,384	54,474	63,008	52,758	43,565	41,888	46,266	29,144	27,186	31,379
Operating expenses:
Cost of sales
24,113	24,218	29,736	20,514	22,990	21,791	26,496	18,738	20,780	19,995	23,989	15,802	17,729	17,313	19,674	17,716	14,638	14,243	14,920	9,569	9,072	10,289
Labor
25,463	25,461	32,512	23,173	23,396	22,113	26,952	19,517	19,503	18,810	23,299	16,070	15,861	15,006	17,819	15,373	11,871	11,367	13,100	7,956	7,541	8,835
Store operating expenses
18,278	18,252	23,257	16,278	16,817	16,242	19,049	13,387	14,086	13,075	15,373	10,327	10,589	10,514	11,787	9,686	8,306	7,314	8,748	5,179	4,871	5,955
General and administrative expenses
10,006	9,300	10,992	8,521	7,723	7,124	9,985	7,330	6,313	7,270	9,445	6,769	6,394	6,261	7,242	6,633	4,973	4,465	12,268	2,870	2,492	3,693
Depreciation
4,697	4,890	6,340	4,696	4,495	4,161	5,052	3,680	3,489	3,292	3,992	2,828	2,761	2,587	3,192	2,936	2,138	2,088	2,413	1,413	1,324	1,545
Amortization
234	238	358	312	328	350	489	366	367	373	500	376	375	375	512	413	377	314	468	315	316	421
Pre-opening costs
206	310	523	435	583	679	567	308	614	552	740	380	689	637	848	353	345	443	816	595	245	496
Impairment loss
0	16,313	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Casualty Loss
0	-	-	-	133	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Casualty loss
-	-	-	-	-	-	-	-	-	-	-	-	351	-	-	-	0	-	-	-	-	-
Loss from disposal of equipment
-116	-111	-158	-211	-132	-748	-259	73	-91	-100	-237	-128	-50	-100	-47	-64	-42	-38	-13	-25	-81	-49
Total operating expenses
83,113	99,093	103,876	74,222	76,597	73,208	88,849	63,253	65,243	63,467	77,575	52,682	54,799	52,793	61,121	53,174	42,690	40,272	52,746	27,922	25,942	31,283
Income (loss) from operations
-4,213	-17,494	-1,802	-2,840	1,256	1,097	1,712	-1,270	2,053	2,806	2,836	9	1,585	1,681	1,887	-416	875	1,616	-6,480	1,222	1,244	96
Other income and expenses:
Interest expense, net
1,261	1,244	1,623	1,157	1,093	1,018	1,368	949	916	861	1,122	821	767	711	971	432	605	621	1,659	839	912	1,216
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-978	0	0	0
Loss on interest cap
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	0	0	-6	-9	15	-24
Other income
20	31	27	-	21	20	29	-	20	20	27	-	20	21	10	-	0	-	0	-	-	-
Total other income and expenses
-1,241	-1,213	-1,596	-1,137	-1,072	-998	-1,339	-929	-896	-841	-1,095	-801	-747	-690	-961	-423	-605	-621	-2,643	-848	-897	-1,240
Income (loss) before provision for income taxes
-5,454	-18,707	-3,398	-3,977	184	99	373	-2,199	1,157	1,965	1,741	-792	838	991	926	-839	270	995	-9,123	374	347	-1,144
Provision (benefit) for income taxes
-1,530	66	221	-1,118	-86	-480	354	-1,698	1,450	764	345	-3,360	3,094	871	234	-11	-178	-124	865	23	-76	247
Net income (loss)
-3,924	-18,773	-3,619	-2,859	270	579	19	-501	-293	1,201	1,396	2,568	-2,256	120	692	-828	448	1,119	-9,988	351	423	-1,391
Earnings (loss) per share:
Basic (USD per share)
-0.20	-0.96	-0.19	-	0.01	0.03	0.00	-	-0.02	0.06	0.07	-	-0.12	0.01	0.04	-	0.02	0.06	-0.76	0.03	0.03	-0.11
Diluted (USD per share)
-0.20	-0.96	-0.19	-	0.01	0.03	0.00	-	-0.02	0.06	0.07	-	-0.12	0.01	0.04	-	0.02	0.06	-0.76	0.03	0.03	-0.11
Weighted average shares of common stock outstanding:
Basic (in shares)
19,549	19,539	19,507	19,486	19,489	19,488	19,472	19,447	19,458	19,436	19,395	19,368	19,379	19,334	19,296	24,587	19,269	19,269	13,220	12,561	12,561	12,561
Diluted (in shares)
19,549	19,539	19,507	19,424	19,489	19,493	19,528	19,686	19,458	19,631	19,568	19,753	19,379	19,557	19,519	24,378	19,478	19,477	13,220	12,561	12,561	12,561