Print Page  |  Close Window

SEC Filings

8-K
CHIPOTLE MEXICAN GRILL INC filed this Form 8-K on 02/06/2018
Entire Document
 << Previous Page | Next Page >>

 









Chipotle Mexican Grill, Inc.

Consolidated Statement of Income

(in thousands, except per share data)

(unaudited)







 

 

 

 

 

 

 

 

 

 

 



Three months ended December 31,



2017

 

2016

Revenue

$

1,110,100 

 

100.0 

%

 

$

1,034,560 

 

100.0 

%

Restaurant operating costs (exclusive of depreciation and amortization shown separately below):

 

 

 

 

 

 

 

 

 

 

 

Food, beverage and packaging

 

379,914 

 

34.2 

 

 

 

365,612 

 

35.3 

 

Labor

 

305,428 

 

27.5 

 

 

 

284,250 

 

27.5 

 

Occupancy

 

84,650 

 

7.6 

 

 

 

76,489 

 

7.4 

 

Other operating costs

 

175,038 

 

15.8 

 

 

 

168,563 

 

16.3 

 

General and administrative expenses

 

57,690 

 

5.2 

 

 

 

65,069 

 

6.3 

 

Depreciation and amortization

 

41,442 

 

3.7 

 

 

 

38,072 

 

3.7 

 

Pre-opening costs

 

2,577 

 

0.2 

 

 

 

4,118 

 

0.4 

 

Loss on disposal and impairment of assets

 

3,332 

 

0.3 

 

 

 

1,837 

 

0.2 

 

Total operating expenses

 

1,050,071 

 

94.6 

 

 

 

1,004,010 

 

97.0 

 

Income from operations

 

60,029 

 

5.4 

 

 

 

30,550 

 

3.0 

 

Interest and other income, net

 

1,437 

 

0.1 

 

 

 

588 

 

0.1 

 

Income before income taxes

 

61,466 

 

5.5 

 

 

 

31,138 

 

3.0 

 

Provision for income taxes

 

(17,673)

 

(1.6)

 

 

 

(15,163)

 

(1.5)

 

Net income

$

43,793 

 

3.9 

%

 

$

15,975 

 

1.5 

%

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

Basic

$

1.56 

 

 

 

 

$

0.55 

 

 

 

Diluted

$

1.55 

 

 

 

 

$

0.55 

 

 

 

Weighted average common shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

Basic

 

28,158 

 

 

 

 

 

28,903 

 

 

 

Diluted

 

28,164 

 

 

 

 

 

29,003 

 

 

 



 


 

 << Previous Page | Next Page >>