Buffalo Wild Wings 2015 Annual Report Download - page 37

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Results of Quarterly Operations (unaudited)
Mar 30, 2014 Jun 29, 2014 Sep 28, 2014 Dec 28, 2014 Mar 29, 2015 Jun 28, 2015 Sep 27, 2015 Dec 27, 2015
Revenue:
Restaurant sales 93.8% 93.8% 93.9% 94.0% 94.2% 94.2% 94.8% 95.1%
Franchise royalties and fees 6.2 6.2 6.1 6.0 5.8 5.8 5.2 4.9
Total revenue 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
Costs and expenses:
Restaurant operating costs:
Cost of sales 28.3 28.2 29.1 30.6 30.3 29.3 29.4 29.5
Labor 30.5 31.3 31.9 31.1 31.4 32.2 32.2 30.9
Operating 14.2 14.6 14.9 15.1 14.1 14.1 14.7 15.4
Occupancy 5.5 5.6 5.6 5.4 5.3 5.6 5.6 5.6
Depreciation and
amortization 6.2 6.5 6.6 6.6 6.4 6.9 7.4 7.5
General and administrative 7.7 8.3 7.4 7.8 6.9 7.9 7.4 6.4
Preopening 0.7 0.6 1.0 1.3 0.3 0.8 1.0 1.0
Loss on asset disposals and
impairment 0.2 0.3 0.4 0.1 0.1 0.5 0.3 0.7
Total costs and expenses 88.4 90.4 92.0 93.1 90.1 92.6 93.7 93.0
Income from operations 11.6 9.6 8.0 6.9 9.9 7.4 6.3 7.0
Interest and other income
(expense) 0.0 0.1 (0.1) 0.0 — — (0.3)(0.2)
Earnings before income
taxes 11.6 9.6 8.0 6.8 9.9 7.4 6.0 6.9
Income tax expense 3.9 3.2 2.1 1.8 3.3 2.4 1.8 1.7
Net earnings including
noncontrolling interests 7.7 6.5 5.8 5.0 6.6 5.0 4.2 5.2
Net income (loss)
attributable to noncontrolling
interests — — — 0.0 (0.0)(0.0)(0.0) 0.0
Net earnings attributable to
Buffalo Wild Wings 7.7% 6.5% 5.8% 5.0% 6.6% 5.0% 4.2% 5.2%