Company: RRGB
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001171759-25-000028
Chunk: 12

Company: RED ROBIN GOURMET BURGERS INC
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 12
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 period. Diluted earnings per share amounts are calculated based upon the weighted-average number of shares of common stock and potentially dilutive shares of common stock outstanding during the period. Potentially dilutive shares are excluded from the computation in periods in which they have an anti-dilutive effect. Diluted earnings per share reflects the potential dilution that could occur if holders of options exercised their options into common stock. As the Company was in a net loss position for the twelve and twenty-eight week periods ended July 14, 2024, all potentially dilutive common shares are considered anti-dilutive.The Company uses the treasury stock method to calculate the effect of outstanding stock options and awards. Basic weighted average shares outstanding is reconciled to diluted weighted average shares outstanding as follows (in thousands):Twelve Weeks EndedTwenty-Eight Weeks EndedJuly 13, 2025July 14, 2024July 13, 2025July 14, 2024Basic weighted average shares outstanding17,799 15,680 17,655 15,608 Dilutive effect of stock options and awards1,126 — 944 — Diluted weighted average shares outstanding18,925 15,680 18,598 15,608 Awards excluded due to anti-dilutive effect on diluted income (loss) per share2,866 1,996 2,426 1,668 

5. Other Charges (Gains), net

Other charges (gains), net consisted of the following (in thousands):Twelve Weeks EndedTwenty-Eight Weeks EndedJuly 13, 2025July 14, 2024July 13, 2025July 14, 2024Gain on sale of restaurant property$— $— $(1,137)$(7,425)Asset impairment and restaurant closure costs, net(1,615)1,551 (1,405)(398)Severance and executive transition (includes $(3,868); $16; $(4,093); and $50 of stock-based compensation)459 137 1,339 1,082 Litigation contingencies11 356 23 776 Asset disposal and other, net 889 887 1,600 4,920 Other charges (gains), net$(256)$2,931 $420 $(1,045)

9

Gain on Sale of Restaurant PropertyDuring the year to date period of fiscal 202