$KRUS
KURA SUSHI USA, INC. Stock $krus

$krus Overview Financials Valuation SEC Filings Company Website

2019 Q4 Form 10-Q Financial Statement

#000156459020000838 Filed on January 13, 2020

Income Statement

Concept	2019 Q4	2018 Q4
Revenue	$17.44M	$13.42M
YoY Change	29.96%	14.7%
Cost Of Revenue	$14.04M	$10.75M
YoY Change	30.6%	14.0%
Gross Profit	$3.400M	$2.670M
YoY Change	27.34%	18.14%
Gross Profit Margin	19.5%	19.9%
Selling, General & Admin	$4.770M	$3.070M
YoY Change	55.37%	42.13%
% of Gross Profit	140.29%	114.98%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$685.0K	$471.0K
YoY Change	45.44%	4610.0%
% of Gross Profit	20.15%	17.64%
Operating Expenses	$18.83M	$13.84M
YoY Change	36.06%	537.79%
Operating Profit	-$1.391M	-$420.0K
YoY Change	231.19%	-566.67%
Interest Expense	$34.00K	$41.00K
YoY Change	-17.07%	-236.67%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	-$1.228M	-$456.0K
YoY Change	169.3%	-751.43%
Income Tax	-$4.000K	-$65.00K
% Of Pretax Income
Net Earnings	-$1.224M	-$391.0K
YoY Change	213.04%	-751.67%
Net Earnings / Revenue	-7.02%	-2.91%
Basic Earnings Per Share	-$0.15	-$0.08
Diluted Earnings Per Share	-$0.15	-$0.08
COMMON SHARES
Basic Shares Outstanding	8.335K	5.000K
Diluted Shares Outstanding	8.335K	5.000K

Balance Sheet

Concept	2019 Q4	2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$33.00M
YoY Change
Cash & Equivalents	$33.01M	$4.013M
Short-Term Investments
Other Short-Term Assets	$1.500M
YoY Change
Inventory	$433.0K
Prepaid Expenses
Receivables	$1.048M
Other Receivables	$100.0K
Total Short-Term Assets	$36.02M
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment	$34.60M
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$2.500M
YoY Change
Total Long-Term Assets	$79.59M
YoY Change
TOTAL ASSETS
Total Short-Term Assets	$36.02M
Total Long-Term Assets	$79.59M
Total Assets	$115.6M
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$2.678M
YoY Change
Accrued Expenses	$6.800M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00
YoY Change
Long-Term Debt Due	$1.000M
YoY Change
Total Short-Term Liabilities	$10.71M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt	$2.200M
YoY Change
Other Long-Term Liabilities	$267.0K
YoY Change
Total Long-Term Liabilities	$267.0K
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$10.71M
Total Long-Term Liabilities	$267.0K
Total Liabilities	$54.54M
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings	$1.507M
YoY Change
Common Stock	$59.56M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$61.08M	$21.27M
YoY Change
Total Liabilities & Shareholders Equity	$115.6M
YoY Change

Cashflow Statement

Concept	2019 Q4	2018 Q4
OPERATING ACTIVITIES
Net Income	-$1.224M	-$391.0K
YoY Change	213.04%	-751.67%
Depreciation, Depletion And Amortization	$685.0K	$471.0K
YoY Change	45.44%	4610.0%
Cash From Operating Activities	-$1.538M	$1.421M
YoY Change	-208.23%
INVESTING ACTIVITIES
Capital Expenditures	$3.194M	$2.574M
YoY Change	24.09%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$3.244M	-$2.574M
YoY Change	26.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-252.0K	-545.0K
YoY Change	-53.76%
NET CHANGE
Cash From Operating Activities	-1.538M	1.421M
Cash From Investing Activities	-3.244M	-2.574M
Cash From Financing Activities	-252.0K	-545.0K
Net Change In Cash	-5.034M	-1.698M
YoY Change	196.47%
FREE CASH FLOW
Cash From Operating Activities	-$1.538M	$1.421M
Capital Expenditures	$3.194M	$2.574M
Free Cash Flow	-$4.732M	-$1.153M
YoY Change	310.41%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2019Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	33010000
CY2019Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	38044000
CY2019Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1048000
CY2019Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	948000
CY2019Q4	us-gaap	Inventory Net InventoryNet	433000
CY2019Q3	us-gaap	Inventory Net InventoryNet	539000
CY2019Q4	us-gaap	Due From Affiliate Current DueFromAffiliateCurrent	34000
CY2019Q3	us-gaap	Due From Affiliate Current DueFromAffiliateCurrent	226000
CY2019Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	1497000
CY2019Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	1744000
CY2019Q4	us-gaap	Assets Current AssetsCurrent	36022000
CY2019Q3	us-gaap	Assets Current AssetsCurrent	41501000
CY2019Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	34604000
CY2019Q3	us-gaap	Accrued Liabilities And Other Liabilities AccruedLiabilitiesAndOtherLiabilities	1635000
CY2019Q4	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	1359000
CY2019Q3	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	1348000
CY2019Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	988000
CY2019Q3	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	994000
CY2019Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	4087000
CY2019Q4	us-gaap	Due To Affiliate Current DueToAffiliateCurrent	255000
CY2019Q4	us-gaap	Sales And Excise Tax Payable Current SalesAndExciseTaxPayableCurrent	500000
CY2019Q3	us-gaap	Sales And Excise Tax Payable Current SalesAndExciseTaxPayableCurrent	547000
CY2019Q3	us-gaap	Due To Affiliate Current DueToAffiliateCurrent	83000
CY2019Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	31917000
CY2019Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	42528000
CY2019Q4	krus	Deposits And Other Assets Noncurrent DepositsAndOtherAssetsNoncurrent	1423000
CY2019Q3	krus	Deposits And Other Assets Noncurrent DepositsAndOtherAssetsNoncurrent	1865000
CY2019Q4	us-gaap	Deferred Tax Assets Liabilities Net Noncurrent DeferredTaxAssetsLiabilitiesNetNoncurrent	1039000
CY2019Q3	us-gaap	Deferred Tax Assets Liabilities Net Noncurrent DeferredTaxAssetsLiabilitiesNetNoncurrent	1127000
CY2019Q4	us-gaap	Assets Assets	115616000
CY2019Q3	us-gaap	Assets Assets	76410000
CY2019Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	2678000
CY2019Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	3684000
CY2019Q4	us-gaap	Accrued Liabilities And Other Liabilities AccruedLiabilitiesAndOtherLiabilities	839000
CY2019Q4	us-gaap	Liabilities Current LiabilitiesCurrent	10706000
CY2019Q3	us-gaap	Liabilities Current LiabilitiesCurrent	8291000
CY2019Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	2178000
CY2019Q3	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	2424000
CY2019Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	41387000
CY2019Q3	us-gaap	Deferred Rent Credit Noncurrent DeferredRentCreditNoncurrent	2188000
CY2019Q3	us-gaap	Incentive From Lessor IncentiveFromLessor	1089000
CY2019Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	267000
CY2019Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	237000
CY2019Q4	us-gaap	Liabilities Liabilities	54538000
CY2019Q3	us-gaap	Liabilities Liabilities	14229000
CY2019Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2019Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2019Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	59563000
CY2019Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	59442000
CY2019Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1507000
CY2019Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	2731000
CY2019Q4	us-gaap	Stockholders Equity StockholdersEquity	61078000
CY2019Q3	us-gaap	Stockholders Equity StockholdersEquity	62181000
CY2019Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	115616000
CY2019Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	76410000
CY2019Q4	us-gaap	Cost Depreciation Amortization And Depletion CostDepreciationAmortizationAndDepletion	663000
CY2018Q4	us-gaap	Cost Depreciation Amortization And Depletion CostDepreciationAmortizationAndDepletion	448000
CY2019Q4	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	2047000
CY2018Q4	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	1645000
CY2019Q4	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	15483000
CY2018Q4	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	11669000
CY2019Q4	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3326000
CY2018Q4	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2148000
CY2019Q4	us-gaap	Depreciation And Amortization DepreciationAndAmortization	22000
CY2018Q4	us-gaap	Depreciation And Amortization DepreciationAndAmortization	23000
CY2019Q4	us-gaap	Operating Expenses OperatingExpenses	18831000
CY2018Q4	us-gaap	Operating Expenses OperatingExpenses	13840000
CY2019Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	-1391000
CY2018Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	-420000
CY2019Q4	us-gaap	Interest Expense InterestExpense	34000
CY2018Q4	us-gaap	Interest Expense InterestExpense	41000
CY2019Q4	us-gaap	Investment Income Interest InvestmentIncomeInterest	197000
CY2018Q4	us-gaap	Investment Income Interest InvestmentIncomeInterest	5000
CY2019Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1228000
CY2018Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-456000
CY2019Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-4000
CY2018Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-65000
CY2019Q4	us-gaap	Net Income Loss NetIncomeLoss	-1224000
CY2018Q4	us-gaap	Net Income Loss NetIncomeLoss	-391000
CY2019Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.15
CY2018Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.08
CY2019Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.15
CY2018Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.08
CY2019Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8335
CY2018Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	5000
CY2019Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8335
CY2018Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	5000
CY2019Q4	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	121000
CY2018Q3	us-gaap	Stockholders Equity StockholdersEquity	21505000
CY2018Q4	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	160000
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	21274000
CY2019Q4	us-gaap	Profit Loss ProfitLoss	-1224000
CY2018Q4	us-gaap	Profit Loss ProfitLoss	-391000
CY2019Q4	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	685000
CY2018Q4	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	471000
CY2019Q4	us-gaap	Share Based Compensation ShareBasedCompensation	121000
CY2018Q4	us-gaap	Share Based Compensation ShareBasedCompensation	160000
CY2019Q4	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-4000
CY2019Q4	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-4000
CY2018Q4	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-65000
CY2019Q4	krus	Noncash Lease Expense NoncashLeaseExpense	586000
CY2019Q4	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	100000
CY2018Q4	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-256000
CY2019Q4	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-106000
CY2018Q4	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	21000
CY2019Q4	us-gaap	Increase Decrease Due From Affiliates IncreaseDecreaseDueFromAffiliates	-192000
CY2018Q4	us-gaap	Increase Decrease Due From Affiliates IncreaseDecreaseDueFromAffiliates	4000
CY2019Q4	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-192000
CY2018Q4	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	171000
CY2019Q4	us-gaap	Increase Decrease In Deposit Other Assets IncreaseDecreaseInDepositOtherAssets	38000
CY2018Q4	us-gaap	Increase Decrease In Deposit Other Assets IncreaseDecreaseInDepositOtherAssets	15000
CY2019Q4	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-1034000
CY2018Q4	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	667000
CY2019Q4	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-607000
CY2018Q4	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	292000
CY2019Q4	krus	Increase Decrease In Sales Tax Payable IncreaseDecreaseInSalesTaxPayable	-47000
CY2018Q4	krus	Increase Decrease In Sales Tax Payable IncreaseDecreaseInSalesTaxPayable	20000
CY2019Q4	us-gaap	Increase Decrease In Accrued Salaries IncreaseDecreaseInAccruedSalaries	11000
CY2018Q4	us-gaap	Increase Decrease In Accrued Salaries IncreaseDecreaseInAccruedSalaries	145000
CY2019Q4	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	49000
CY2018Q4	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	-57000
CY2018Q4	krus	Increase Decrease Deferred Rent And Tenant Allowance IncreaseDecreaseDeferredRentAndTenantAllowance	134000
CY2019Q4	krus	Increase Decrease In Operating Lease Liabilities IncreaseDecreaseInOperatingLeaseLiabilities	-430000
CY2019Q4	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1538000
CY2018Q4	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1421000
CY2019Q4	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	3194000
CY2018Q4	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	2574000
CY2019Q4	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	50000
CY2019Q4	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-3244000
CY2018Q4	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-2574000
CY2019Q4	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	252000
CY2018Q4	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	291000
CY2018Q4	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	254000
CY2019Q4	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-252000
CY2018Q4	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-545000
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-5034000
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-1698000
CY2019Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	38044000
CY2018Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	5711000
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	33010000
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	4013000
CY2019Q4	us-gaap	Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1	293000
CY2018Q4	us-gaap	Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1	59000
CY2019Q4	us-gaap	Fiscal Period FiscalPeriod	<p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;color:#000000;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Fiscal Year</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company’s fiscal year begins on September 1 and ends on August 31 and references made to “fiscal year 2020,” “fiscal year 2019” and “fiscal year 2018” refer to the Company’s fiscal years ended August 31, 2020, August 31, 2019 and August 31, 2018, respectively.</p>
CY2019Q4	us-gaap	Use Of Estimates UseOfEstimates	<p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;color:#000000;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods presented.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Significant items subject to such estimates include asset retirement obligations, stock-based compensation, the useful lives of assets, the assessment of the recoverability of long-lived assets, and income taxes. The Company evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, and adjusts those estimates and assumptions when facts and circumstances dictate. Actual results could differ materially from those estimates and assumptions.</p>
CY2019Q4	us-gaap	Lease Practical Expedients Package LeasePracticalExpedientsPackage	true
CY2019Q4	us-gaap	Lease Practical Expedient Use Of Hindsight LeasePracticalExpedientUseOfHindsight	true
CY2019Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	42164000
CY2019Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	38792000
CY2019Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	7560000
CY2019Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	6875000
CY2019Q4	krus	Operating And Finance Leases Remaining Lease Start Range Terms Description OperatingAndFinanceLeasesRemainingLeaseStartRangeTermsDescription	less than 1 year
CY2019Q4	us-gaap	Line Of Credit LineOfCredit	0
CY2019Q4	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	133000
CY2019Q4	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	34000
CY2019Q4	krus	Finance Lease Cost FinanceLeaseCost	167000
CY2019Q4	us-gaap	Operating Lease Expense OperatingLeaseExpense	1161000
CY2019Q4	us-gaap	Variable Lease Cost VariableLeaseCost	310000
CY2019Q4	us-gaap	Operating Lease Cost OperatingLeaseCost	1471000
CY2019Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	45474000
CY2019Q4	us-gaap	Finance Lease Liability FinanceLeaseLiability	3166000
CY2019Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P15Y8M12D
CY2019Q4	us-gaap	Finance Lease Weighted Average Remaining Lease Term1 FinanceLeaseWeightedAverageRemainingLeaseTerm1	P3Y1M6D
CY2019Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.058
CY2019Q4	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.044
CY2019Q4	us-gaap	Operating Lease Payments OperatingLeasePayments	881000
CY2019Q4	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	5556000
CY2019Q4	krus	Lessee Operating Lease Lease Not Yet Commenced Liability LesseeOperatingLeaseLeaseNotYetCommencedLiability	17800000
CY2019Q4	us-gaap	Lessee Operating Lease Lease Not Yet Commenced Term Of Contract1 LesseeOperatingLeaseLeaseNotYetCommencedTermOfContract1	P20Y
CY2019Q4	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	3120000
CY2019Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	4048000
CY2019Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	4086000
CY2019Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	4075000
CY2019Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	4216000
CY2019Q4	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	51294000
CY2019Q4	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	70839000
CY2019Q4	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	25365000
CY2019Q4	us-gaap	Finance Lease Liability Payments Remainder Of Fiscal Year FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear	828000
CY2019Q4	us-gaap	Finance Lease Liability Payments Due Year Four FinanceLeaseLiabilityPaymentsDueYearFour	476000
CY2019Q4	us-gaap	Finance Lease Liability Payments Due Year Five FinanceLeaseLiabilityPaymentsDueYearFive	13000
CY2019Q4	us-gaap	Finance Lease Liability Payments Due FinanceLeaseLiabilityPaymentsDue	3364000
CY2019Q4	us-gaap	Finance Lease Liability Undiscounted Excess Amount FinanceLeaseLiabilityUndiscountedExcessAmount	198000
CY2019Q3	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	4256000
CY2019Q3	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	4435000
CY2019Q3	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	4477000
CY2019Q3	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	4465000
CY2019Q3	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	4607000
CY2019Q3	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	58714000
CY2019Q3	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	80954000
CY2019Q3	us-gaap	Capital Leases Future Minimum Payments Due Current CapitalLeasesFutureMinimumPaymentsDueCurrent	1113000
CY2019Q3	us-gaap	Capital Leases Future Minimum Payments Due In Two Years CapitalLeasesFutureMinimumPaymentsDueInTwoYears	1075000
CY2019Q3	us-gaap	Capital Leases Future Minimum Payments Due In Three Years CapitalLeasesFutureMinimumPaymentsDueInThreeYears	972000
CY2019Q3	us-gaap	Capital Leases Future Minimum Payments Due In Four Years CapitalLeasesFutureMinimumPaymentsDueInFourYears	476000
CY2019Q3	us-gaap	Capital Leases Future Minimum Payments Due In Five Years CapitalLeasesFutureMinimumPaymentsDueInFiveYears	13000
CY2019Q3	us-gaap	Capital Leases Future Minimum Payments Due CapitalLeasesFutureMinimumPaymentsDue	3649000
CY2019Q3	us-gaap	Capital Leases Future Minimum Payments Interest Included In Payments CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments	231000
CY2019Q3	us-gaap	Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments	3418000
CY2019Q3	us-gaap	Capital Lease Obligations Current CapitalLeaseObligationsCurrent	994000
CY2019Q3	us-gaap	Capital Lease Obligations Noncurrent CapitalLeaseObligationsNoncurrent	2424000
CY2019Q1	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	5000000
CY2019Q1	us-gaap	Debt Instrument Maturity Date DebtInstrumentMaturityDate	2020-07-31

Files In Submission

Name	View Source	Status
0001564590-20-000838-index-headers.html	Edgar Link	pending
0001564590-20-000838-index.html	Edgar Link	pending
0001564590-20-000838.txt	Edgar Link	pending
0001564590-20-000838-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
krus-10q_20191130.htm	Edgar Link	pending
krus-20191130.xml	Edgar Link	completed
krus-20191130.xsd	Edgar Link	pending
krus-20191130_cal.xml	Edgar Link	unprocessable
krus-20191130_def.xml	Edgar Link	unprocessable
krus-20191130_lab.xml	Edgar Link	unprocessable
krus-20191130_pre.xml	Edgar Link	unprocessable
krus-ex311_8.htm	Edgar Link	pending
krus-ex312_9.htm	Edgar Link	pending
krus-ex321_7.htm	Edgar Link	pending
krus-ex322_6.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$KRUS
KURA SUSHI USA, INC. Stock $krus

2019 Q4 Form 10-Q Financial Statement

#000156459020000838 Filed on January 13, 2020

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KRUS KURA SUSHI USA, INC. Stock $krus

2019 Q4 Form 10-Q Financial Statement

#000156459020000838 Filed on January 13, 2020

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KRUS
KURA SUSHI USA, INC. Stock $krus