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)









 

 

 

 

 

 

 

 

 

 

 



Year ended December 31,



2017

 

2016



 

(unaudited)

 

 

 

 

 

 

 

 

 

Revenue

$

4,476,412 

 

100.0 

%

 

$

3,904,384 

 

100.0 

%

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

 

 

 

 

 

 

 

 

 

 

 

Food, beverage and packaging

 

1,535,428 

 

34.3 

 

 

 

1,365,580 

 

35.0 

 

Labor

 

1,205,992 

 

26.9 

 

 

 

1,105,001 

 

28.3 

 

Occupancy

 

327,132 

 

7.3 

 

 

 

293,636 

 

7.5 

 

Other operating costs

 

651,644 

 

14.6 

 

 

 

641,953 

 

16.4 

 

General and administrative expenses

 

296,388 

 

6.6 

 

 

 

276,240 

 

7.1 

 

Depreciation and amortization

 

163,348 

 

3.6 

 

 

 

146,368 

 

3.7 

 

Pre-opening costs

 

12,341 

 

0.3 

 

 

 

17,162 

 

0.4 

 

Loss on disposal and impairment of assets

 

13,345 

 

0.3 

 

 

 

23,877 

 

0.6 

 

Total operating expenses

 

4,205,618 

 

94.0 

 

 

 

3,869,817 

 

99.1 

 

Income from operations

 

270,794 

 

6.0 

 

 

 

34,567 

 

0.9 

 

Interest and other income, net

 

4,949 

 

0.1 

 

 

 

4,172 

 

0.1 

 

Income before income taxes

 

275,743 

 

6.2 

 

 

 

38,739 

 

1.0 

 

Provision for income taxes

 

(99,490)

 

(2.2)

 

 

 

(15,801)

 

(0.4)

 

Net income

$

176,253 

 

3.9 

%

 

$

22,938 

 

0.6 

%

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

Basic

$

6.19 

 

 

 

 

$

0.78 

 

 

 

Diluted

$

6.17 

 

 

 

 

$

0.77 

 

 

 

Weighted average common shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

Basic

 

28,491 

 

 

 

 

 

29,265 

 

 

 

Diluted

 

28,561 

 

 

 

 

 

29,770 

 

 

 









 


 

 << Previous Page | Next Page >>