Company: RRGB
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-051046
Chunk: 48

Company: RED ROBIN GOURMET BURGERS INC
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 8
Chunk 48
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4. Earnings (Loss) Per Share

Basic earnings (loss) per share amounts are calculated by dividing net income (loss) by the weighted-average number of shares of common stock outstanding during the 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 forty week periods ended October 5, 2025 and October 6, 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 EndedForty Weeks EndedOctober 5, 2025October 6, 2024October 5, 2025October 6, 2024Basic weighted average shares outstanding17,914 15,754 17,732 15,652 Dilutive effect of stock options and awards— — — — Diluted weighted average shares outstanding17,914 15,754 17,732 15,652 Awards excluded due to anti-dilutive effect on diluted income (loss) per share2,878 2,262 2,561 1,846 

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5. Other Charges (Gains), net

Other charges (gains), net consisted of the following (in thousands):Twelve Weeks EndedForty Weeks EndedOctober 5, 2025October 6, 2024October 5, 2025October 6, 2024Gain on sale of restaurant property$— $— $(1,137)$(7,425)Asset impairment and restaurant closure costs, net911 3 (494)1,728 Severance and executive transition(1)539 22 1,878 1,104 Litigation contingencies3,155 271 3,178 1,047 Asset disposal and other, net 1,821 1,236 3,421 4,033 Other charges (gains), net$6,