|
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
|
12 Months Ended |
|
Dec. 31, 2013
|
Jan. 01, 2013
|
Jan. 03, 2012
|
| Revenue: |
|
|
|
| Company stores |
$ 212,887 |
$ 215,125 |
$ 214,837 |
| Franchise and other revenue |
16,362 |
13,664 |
11,597 |
| Total revenue |
229,249 |
228,789 |
226,434 |
| Costs and operating expenses (income): |
|
|
|
| Cost of sales |
52,211 |
50,215 |
49,503 |
| Labor |
62,015 |
63,086 |
67,868 |
| Occupancy |
29,350 |
29,473 |
31,092 |
| Store operating |
34,986 |
33,612 |
32,847 |
| Depreciation and amortization |
10,974 |
11,062 |
12,463 |
| General and administrative |
37,771 |
40,771 |
37,798 |
| Store pre-opening |
880 |
604 |
965 |
| Impairment of long-lived assets |
728 |
711 |
1,291 |
| Store lease termination and closure |
148 |
421 |
721 |
| Other operating, net |
(2,182) |
(1,779) |
210 |
| Total costs and operating expenses |
226,881 |
228,176 |
234,758 |
| Income (loss) from operations |
2,368 |
613 |
(8,324) |
| Other income (expense): |
|
|
|
| Interest income |
9 |
61 |
159 |
| Interest expense |
(242) |
(217) |
(473) |
| Total other expense, net |
(233) |
(156) |
(314) |
| Income (loss) before income taxes |
2,135 |
457 |
(8,638) |
| Income tax (expense) benefit |
(55) |
(155) |
340 |
| Net income (loss) |
2,080 |
302 |
(8,298) |
| Redeemable preferred stock dividends and deemed dividends |
(588) |
(2,181) |
(2,331) |
| Net income (loss) attributable to common stockholders |
$ 1,492 |
$ (1,879) |
$ (10,629) |
| Weighted-average shares used in the computation of earnings (loss) per share: |
|
|
|
| Basic (in shares) |
16,793,235 |
14,139,888 |
13,262,131 |
| Diluted (in shares) |
17,222,030 |
14,139,888 |
13,262,131 |
| Earnings (loss) per share: |
|
|
|
| Basic (in dollars per share) |
$ 0.09 |
$ (0.13) |
$ (0.80) |
| Diluted (in dollars per share) |
$ 0.09 |
$ (0.13) |
$ (0.80) |