$KRUS
KURA SUSHI USA, INC. Stock $krus

$krus Overview Financials Valuation SEC Filings Company Website

2020 Q2 Form 10-Q Financial Statement

#000156459020032354 Filed on July 14, 2020

Income Statement

Concept	2020 Q2	2019 Q2	2019 Q1
Revenue	$2.812M	$16.96M	$15.12M
YoY Change	-83.41%	24.12%	28.66%
Cost Of Revenue	$7.910M	$13.06M	$11.92M
YoY Change	-39.43%	21.94%	27.08%
Gross Profit	-$5.100M	$3.890M	$3.200M
YoY Change	-231.11%	32.31%	35.02%
Gross Profit Margin	-181.37%	22.94%	21.17%
Selling, General & Admin	$4.470M	$3.030M	$2.890M
YoY Change	47.52%	27.85%	29.02%
% of Gross Profit		77.89%	90.31%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$800.0K	$500.0K	$500.0K
YoY Change	60.0%	11.11%	-30.56%
% of Gross Profit		12.85%	15.63%
Operating Expenses	$10.84M	$3.060M	$14.84M
YoY Change	254.25%	28.03%	556.42%
Operating Profit	-$8.028M	$834.0K	$282.0K
YoY Change	-1062.59%	51.64%	156.36%
Interest Expense	$36.00K	-$40.00K	$40.00K
YoY Change	-190.0%	33.33%	-233.33%
% of Operating Profit		-4.8%	14.18%
Other Income/Expense, Net
YoY Change
Pretax Income	-$7.999M	$790.0K	$247.0K
YoY Change	-1112.53%	49.06%	208.75%
Income Tax	$1.153M	$70.00K	$35.00K
% Of Pretax Income		8.86%	14.17%
Net Earnings	-$9.152M	$719.0K	$212.0K
YoY Change	-1372.88%	79.75%	-29.33%
Net Earnings / Revenue	-325.46%	4.24%	1.4%
Basic Earnings Per Share	-$1.10	$0.14	$0.04
Diluted Earnings Per Share	-$1.10	$0.14	$0.04
COMMON SHARES
Basic Shares Outstanding	8.341K		5.000K
Diluted Shares Outstanding	8.341K		5.105K

Balance Sheet

Concept	2020 Q2	2019 Q2	2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$17.00M	$1.300M	$100.0K
YoY Change	1207.69%
Cash & Equivalents	$17.03M	$1.265M	$73.00K
Short-Term Investments
Other Short-Term Assets	$373.0K	$1.000M	$1.100M
YoY Change	-62.7%
Inventory	$400.0K	$500.0K	$400.0K
Prepaid Expenses	$976.0K
Receivables	$700.0K	$600.0K	$500.0K
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$21.00M	$3.400M	$2.100M
YoY Change	517.65%
LONG-TERM ASSETS
Property, Plant & Equipment	$91.30M	$29.70M	$27.10M
YoY Change	207.41%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$800.0K	$4.500M	$3.000M
YoY Change	-82.22%
Total Long-Term Assets	$92.80M	$34.20M	$30.10M
YoY Change	171.35%
TOTAL ASSETS
Total Short-Term Assets	$21.00M	$3.400M	$2.100M
Total Long-Term Assets	$92.80M	$34.20M	$30.10M
Total Assets	$113.8M	$37.60M	$32.20M
YoY Change	202.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$2.200M	$2.800M	$2.000M
YoY Change	-21.43%
Accrued Expenses	$6.600M	$1.700M	$1.400M
YoY Change	288.24%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$1.000M	$1.700M	$1.000M
YoY Change	-41.18%
Total Short-Term Liabilities	$9.841M	$6.700M	$4.800M
YoY Change	46.88%
LONG-TERM LIABILITIES
Long-Term Debt	$1.700M	$5.000M	$2.900M
YoY Change	-66.0%
Other Long-Term Liabilities	$321.0K	$3.300M	$2.800M
YoY Change	-90.27%
Total Long-Term Liabilities	$321.0K	$8.300M	$5.700M
YoY Change	-96.13%
TOTAL LIABILITIES
Total Short-Term Liabilities	$9.841M	$6.700M	$4.800M
Total Long-Term Liabilities	$321.0K	$8.300M	$5.700M
Total Liabilities	$61.55M	$15.10M	$10.50M
YoY Change	307.61%
SHAREHOLDERS EQUITY
Retained Earnings	-$7.778M
YoY Change
Common Stock	$60.05M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$52.28M	$22.52M	$21.65M
YoY Change
Total Liabilities & Shareholders Equity	$113.8M	$37.60M	$32.20M
YoY Change	202.74%

Cashflow Statement

Concept	2020 Q2	2019 Q2	2019 Q1
OPERATING ACTIVITIES
Net Income	-$9.152M	$719.0K	$212.0K
YoY Change	-1372.88%	79.75%	-29.33%
Depreciation, Depletion And Amortization	$800.0K	$500.0K	$500.0K
YoY Change	60.0%	11.11%	-30.56%
Cash From Operating Activities	-$10.43M	$2.450M	-$430.0K
YoY Change	-525.71%	23.74%	-138.74%
INVESTING ACTIVITIES
Capital Expenditures	-$2.280M	-$2.830M	-$2.310M
YoY Change	-19.43%	117.69%	-50.0%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00
YoY Change
Cash From Investing Activities	-$2.270M	-$2.830M	-$2.310M
YoY Change	-19.79%	119.38%	-50.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-260.0K	1.560M	-1.190M
YoY Change	-116.67%	-521.62%	-125.59%
NET CHANGE
Cash From Operating Activities	-10.43M	2.450M	-430.0K
Cash From Investing Activities	-2.270M	-2.830M	-2.310M
Cash From Financing Activities	-260.0K	1.560M	-1.190M
Net Change In Cash	-12.96M	1.180M	-3.930M
YoY Change	-1198.31%	268.75%	-444.74%
FREE CASH FLOW
Cash From Operating Activities	-$10.43M	$2.450M	-$430.0K
Capital Expenditures	-$2.280M	-$2.830M	-$2.310M
Free Cash Flow	-$8.150M	$5.280M	$1.880M
YoY Change	-254.36%	60.98%	-67.19%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2020Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2020Q2	us-gaap	Due To Affiliate Current DueToAffiliateCurrent	123000
CY2020Q2	us-gaap	Liabilities Current LiabilitiesCurrent	9841000
CY2020Q2	us-gaap	Sales And Excise Tax Payable Current SalesAndExciseTaxPayableCurrent	14000
CY2020Q2	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	1729000
CY2020Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	49658000
CY2019Q3	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	1127000
CY2019Q3	us-gaap	Deferred Rent Credit Noncurrent DeferredRentCreditNoncurrent	2188000
CY2019Q3	us-gaap	Incentive From Lessor IncentiveFromLessor	1089000
CY2020Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	60052000
CY2020Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-7778000
CY2020Q2	us-gaap	Stockholders Equity StockholdersEquity	52282000
CY2020Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	113831000
CY2020Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	2812000
CY2020Q2	us-gaap	Cost Depreciation Amortization And Depletion CostDepreciationAmortizationAndDepletion	743000
CY2020Q2	us-gaap	Liabilities Liabilities	61549000
CY2020Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	321000
	us-gaap	Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1	434000
	us-gaap	Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1	1916000
CY2020Q1	us-gaap	Stockholders Equity StockholdersEquity	61171000
CY2020Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	248000
CY2019Q4	us-gaap	Stockholders Equity StockholdersEquity	61078000
CY2020Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	211000
	krus	Noncash Lease Expense NoncashLeaseExpense	1695000
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-82000
	us-gaap	Increase Decrease Due From Affiliates IncreaseDecreaseDueFromAffiliates	-221000
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1227000
	us-gaap	Increase Decrease In Deposit Other Assets IncreaseDecreaseInDepositOtherAssets	108000
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-2995000
	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-861000
	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	-4000
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-10695000
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	9348000
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	58000
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-9571000
CY2019Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	38044000
CY2020Q2	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	964000
CY2020Q2	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	15000
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	-133000
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	Net Income Loss NetIncomeLoss	-391000
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	21274000
CY2019Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	161000
CY2019Q4	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	121000
CY2019Q4	us-gaap	Net Income Loss NetIncomeLoss	-1224000
CY2020Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2885000
CY2020Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	39000
CY2020Q2	us-gaap	Operating Expenses OperatingExpenses	10840000
CY2020Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-8028000
CY2020Q2	us-gaap	Interest Expense InterestExpense	36000
CY2020Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	65000
CY2020Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-7999000
CY2020Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.10
CY2020Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8341
CY2020Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8341
CY2019Q1	us-gaap	Net Income Loss NetIncomeLoss	212000
CY2019Q1	us-gaap	Stockholders Equity StockholdersEquity	21647000
CY2019Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	155000
CY2019Q2	us-gaap	Stockholders Equity StockholdersEquity	22521000
	us-gaap	Profit Loss ProfitLoss	-10509000
	us-gaap	Profit Loss ProfitLoss	540000
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2215000
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1537000
	us-gaap	Share Based Compensation ShareBasedCompensation	580000
	us-gaap	Share Based Compensation ShareBasedCompensation	476000
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-4000
	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	3921000
	us-gaap	Repayments Of Debt RepaymentsOfDebt	866000
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	5983000
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	5983000
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	778000
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	785000
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	2446000
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	30000
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-748000
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	1114000
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-24000
	us-gaap	Inventory Write Down InventoryWriteDown	50000
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-836000
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	101000
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	84000
	us-gaap	Increase Decrease Due From Affiliates IncreaseDecreaseDueFromAffiliates	5000
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	358000
	us-gaap	Increase Decrease In Deposit Other Assets IncreaseDecreaseInDepositOtherAssets	181000
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	190000
	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	37000
	krus	Increase Decrease In Sales Tax Payable IncreaseDecreaseInSalesTaxPayable	-533000
	krus	Increase Decrease In Sales Tax Payable IncreaseDecreaseInSalesTaxPayable	117000
	us-gaap	Increase Decrease In Accrued Salaries IncreaseDecreaseInAccruedSalaries	-340000
	us-gaap	Increase Decrease In Accrued Salaries IncreaseDecreaseInAccruedSalaries	380000
	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	-46000
	krus	Increase Decrease Deferred Rent And Tenant Allowance IncreaseDecreaseDeferredRentAndTenantAllowance	960000
	krus	Increase Decrease In Operating Lease Liabilities IncreaseDecreaseInOperatingLeaseLiabilities	-915000
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	3438000
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	7688000
	us-gaap	Payments For Leasing Costs Commissions And Tenant Improvements PaymentsForLeasingCostsCommissionsAndTenantImprovements	165000
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	20000
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-7708000
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-176000
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-21014000
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-4446000
CY2018Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	5711000
CY2020Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	17030000
CY2019Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	1265000
	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>
	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>
	us-gaap	Lease Practical Expedients Package LeasePracticalExpedientsPackage	true
	us-gaap	Lease Practical Expedient Use Of Hindsight LeasePracticalExpedientUseOfHindsight	true
CY2020Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	50027000
CY2019Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	38792000
CY2020Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	9090000
CY2019Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	6875000
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CY2019Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	500000
CY2020Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	976000
CY2019Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	1293000
CY2020Q2	us-gaap	Other Assets Current OtherAssetsCurrent	373000
	krus	Operating And Finance Leases Remaining Lease Start Range Terms Description OperatingAndFinanceLeasesRemainingLeaseStartRangeTermsDescription	less than 1 year
CY2020Q2	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	30000
CY2019Q3	us-gaap	Other Assets Current OtherAssetsCurrent	451000
CY2020Q2	krus	Employee Retention Credit Current EmployeeRetentionCreditCurrent	1580000
CY2020Q2	us-gaap	Line Of Credit LineOfCredit	0
CY2020Q2	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	141000
	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	419000
	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	95000
CY2020Q2	krus	Finance Lease Cost FinanceLeaseCost	171000
	krus	Finance Lease Cost FinanceLeaseCost	514000
CY2020Q2	us-gaap	Operating Lease Expense OperatingLeaseExpense	1244000
	us-gaap	Operating Lease Expense OperatingLeaseExpense	3688000
CY2020Q2	us-gaap	Variable Lease Cost VariableLeaseCost	223000
	us-gaap	Variable Lease Cost VariableLeaseCost	923000
CY2020Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	1467000
	us-gaap	Operating Lease Cost OperatingLeaseCost	4611000
CY2020Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	54314000
CY2020Q2	us-gaap	Finance Lease Liability FinanceLeaseLiability	2736000
CY2020Q2	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P15Y1M6D
CY2020Q2	us-gaap	Finance Lease Weighted Average Remaining Lease Term1 FinanceLeaseWeightedAverageRemainingLeaseTerm1	P2Y7M6D
CY2020Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.058
CY2020Q2	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.045
	us-gaap	Operating Lease Payments OperatingLeasePayments	2644000
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	15074000
CY2020Q2	krus	Lessee Operating Lease Lease Not Yet Commenced Liability LesseeOperatingLeaseLeaseNotYetCommencedLiability	18000000
CY2020Q2	us-gaap	Lessee Operating Lease Lease Not Yet Commenced Term Of Contract1 LesseeOperatingLeaseLeaseNotYetCommencedTermOfContract1	P20Y
	us-gaap	Lessee Operating Lease Lease Not Yet Commenced Existence Of Option To Extend LesseeOperatingLeaseLeaseNotYetCommencedExistenceOfOptionToExtend	true
	us-gaap	Lessee Operating Lease Lease Not Yet Commenced Option To Extend LesseeOperatingLeaseLeaseNotYetCommencedOptionToExtend	In addition, the Company has options to extend the lease terms by five years and 10 years, respectively.
CY2020Q2	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	1189000
CY2020Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	4763000
CY2020Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	4806000
CY2020Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	4804000
CY2020Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	4954000
CY2020Q2	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	64908000
CY2020Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	85424000
CY2020Q2	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	31110000
CY2020Q2	us-gaap	Finance Lease Liability Payments Remainder Of Fiscal Year FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear	272000
CY2020Q2	us-gaap	Finance Lease Liability Payments Due Year Two FinanceLeaseLiabilityPaymentsDueYearTwo	1107000
CY2020Q2	us-gaap	Finance Lease Liability Payments Due Year Three FinanceLeaseLiabilityPaymentsDueYearThree	1004000
CY2020Q2	us-gaap	Finance Lease Liability Payments Due Year Four FinanceLeaseLiabilityPaymentsDueYearFour	483000
CY2020Q2	us-gaap	Finance Lease Liability Payments Due Year Five FinanceLeaseLiabilityPaymentsDueYearFive	17000
CY2020Q2	us-gaap	Finance Lease Liability Payments Due After Year Five FinanceLeaseLiabilityPaymentsDueAfterYearFive	2000
CY2020Q2	us-gaap	Finance Lease Liability Payments Due FinanceLeaseLiabilityPaymentsDue	2885000
CY2020Q2	us-gaap	Finance Lease Liability Undiscounted Excess Amount FinanceLeaseLiabilityUndiscountedExcessAmount	149000
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
CY2020Q2	us-gaap	Line Of Credit Facility Remaining Borrowing Capacity LineOfCreditFacilityRemainingBorrowingCapacity	1100000
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2020Q2	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	1100000

Files In Submission

Name	View Source	Status
0001564590-20-032354-index-headers.html	Edgar Link	pending
0001564590-20-032354-index.html	Edgar Link	pending
0001564590-20-032354.txt	Edgar Link	pending
0001564590-20-032354-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
krus-10q_20200531.htm	Edgar Link	pending
krus-20200531.xml	Edgar Link	completed
krus-20200531.xsd	Edgar Link	pending
krus-20200531_cal.xml	Edgar Link	unprocessable
krus-20200531_def.xml	Edgar Link	unprocessable
krus-20200531_lab.xml	Edgar Link	unprocessable
krus-20200531_pre.xml	Edgar Link	unprocessable
krus-ex102_6.htm	Edgar Link	pending
krus-ex311_9.htm	Edgar Link	pending
krus-ex312_7.htm	Edgar Link	pending
krus-ex321_8.htm	Edgar Link	pending
krus-ex322_10.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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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

2020 Q2 Form 10-Q Financial Statement

#000156459020032354 Filed on July 14, 2020

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KRUS KURA SUSHI USA, INC. Stock $krus

2020 Q2 Form 10-Q Financial Statement

#000156459020032354 Filed on July 14, 2020

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KRUS
KURA SUSHI USA, INC. Stock $krus