Includes special charges incurred in 1999 and includes store closings, special charges and cumulative effect of change in accounting principle incurred in 1998. Amounts shown are excluding merger costs related to the 1996 Bayport acquisition which are non-recurring charges. Includes one-time merger costs related to the 1996 Bayport acquisition. The Company s bank line of credit is classified as a current liability as the existing facility matures in June 2000. The following table contains selected consolidated financial data for each of the past five fiscal years.
All numbers are in thousands, except per share data.
The Company s bank line of credit is classified as a current liability as the existing facility matures in June 2000. The Company had previously capitalized pre-opening costs and amortized such costs over the first 12 months the applicable restaurants were open. These charges were the result of the Company's decision during the fourth quarter of 1998 to close eleven underperforming restaurants, the Company's decision not to renew a restaurant lease upon option renewal and changes in the Company's strategic growth plan. The Bayport Merger was accounted for as a pooling of interests and, accordingly, the consolidated financial statements of the Company include the accounts and operations of Bayport for all periods represented. In connection with the Bayport Merger, the Company incurred certain merger costs.