Company: RRGB
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001171759-25-000028
Chunk: 91

Company: RED ROBIN GOURMET BURGERS INC
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 2
Chunk 91
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3 %310 

Certain percentage and basis point amounts in the table above do not total due to rounding as well as restaurant operating costs being expressed as a percentage of restaurant revenue and not total revenues.

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The following table summarizes net income (loss), income (loss) per diluted share, and adjusted net income (loss) per diluted share for the periods presented:Twelve Weeks EndedTwenty-Eight Weeks Ended(in thousands, except per share amounts)July 13, 2025July 14, 2024July 13, 2025July 14, 2024Net income (loss) as reported$3,993 $(9,489)$5,242 $(18,949)Income (loss) per share - diluted:Net Income (loss) as reported$0.21 $(0.61)$0.28 $(1.21)Stock-based compensation expense(1)0.08 0.12 0.22 0.19 Other charges (gains), net:Gain on sale of restaurant property— — (0.06)(0.48)Asset impairment and restaurant closure costs, net(0.09)0.10 (0.08)0.11 Severance and executive transition0.02 0.01 0.07 0.07 Litigation contingencies— 0.02 — 0.05 Asset disposal and other, net 0.06 0.06 0.09 0.18 Income tax effect(0.02)(0.08)(0.06)(0.03)Adjusted net income (loss) per share - diluted(2)$0.26 $(0.38)$0.46 $(1.12)Weighted average shares outstanding:Basic17,799 15,680 17,655 15,608 Diluted18,925 15,680 18,598 15,608 

(1) Consists of compensation expense associated with stock-based awards including phantom performance awards that may be settled in stock or cash at the Company’s option.

(2) Beginning in the fiscal first quarter of 2025, the Company revised its definition of Adjusted net income (loss) to exclude noncash stock-based compensation expense. The Company believes this change provides investors with a better understanding of our financial performance from period to period. Previously reported results have been revised to reflect the new presentation.

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