Company: RRGB
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001171759-25-000012
Chunk: 80

Company: RED ROBIN GOURMET BURGERS INC
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 80
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December 25, 2022Revenues:Restaurant revenue$1,224,254 $1,274,294 $1,230,189 Franchise revenue14,941 15,867 19,306 Other revenue9,365 12,885 16,039 Total revenues1,248,560 1,303,046 1,265,534 Costs and expenses:Restaurant operating costs (excluding depreciation and amortization shown separately below):Cost of sales292,392 308,962 306,509 Labor (includes $0, $475, and $958 of stock-based compensation)479,631 473,538 440,564 Other operating216,242 224,999 224,704 Occupancy103,359 102,761 98,868 Depreciation and amortization57,729 66,190 76,245 Selling, general, and administrative expenses (includes $6,940, $6,329, and $8,635 of stock-based compensation)118,440 124,130 136,612 Pre-opening costs— 587 568 Impairment and other charges (gains), net33,848 (2,663)38,961 Total costs and expenses1,301,641 1,298,504 1,323,031 Income (loss) from operations(53,081)4,542 (57,497)Other expense (income):Interest expense25,277 26,560 20,643 Interest (income) and other, net(727)(1,100)(4)Total other expenses, net24,550 25,460 20,639 Loss before income taxes(77,631)(20,918)(78,136)Income tax expense (benefit)(90)310 747 Net loss$(77,541)$(21,228)$(78,883)Loss per share:Basic$(4.93)$(1.34)$(4.98)Diluted$(4.93)$(1.34)$(4.98)Weighted average shares outstanding:Basic15,736 15,835 15,840 Diluted15,736 15,835 15,840 Other comprehensive (loss) income:Foreign currency translation adjustment$(40)$12 $(35)Other comprehensive (loss) income, net of tax(40)12