2017 Q4 Form 10-K Financial Statement

#000160636618000006 Filed on March 09, 2018

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2017 Q2
Revenue $95.20M $101.2M $105.6M
YoY Change 2.94% 5.57% 8.31%
Cost Of Revenue $51.50M $55.40M $55.70M
YoY Change 1.78% 7.78% 8.37%
Gross Profit $43.70M $45.80M $49.80M
YoY Change 4.3% 3.15% 8.03%
Gross Profit Margin 45.9% 45.28% 47.17%
Selling, General & Admin $33.00M $31.20M $32.20M
YoY Change 11.49% 7.22% 11.03%
% of Gross Profit 75.51% 68.12% 64.66%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.480M $4.697M $4.632M
YoY Change 5.41% 15.29% 15.8%
% of Gross Profit 10.25% 10.26% 9.3%
Operating Expenses $37.50M $35.90M $36.80M
YoY Change 10.62% 8.13% -56.25%
Operating Profit -$9.665M -$5.612M $12.74M
YoY Change -601.82% -162.3% -4.93%
Interest Expense -$800.0K $903.0K $778.0K
YoY Change 14.29% 15.03% -6.27%
% of Operating Profit 6.11%
Other Income/Expense, Net $5.700M $0.00 $100.0K
YoY Change 5600.0% -100.0%
Pretax Income -$4.800M -$6.496M $12.06M
YoY Change -469.23% -180.79% -4.31%
Income Tax -$4.800M -$2.457M $4.244M
% Of Pretax Income 35.18%
Net Earnings -$38.00K -$4.039M $7.819M
YoY Change -109.09% -177.51% 7.6%
Net Earnings / Revenue -0.04% -3.99% 7.41%
Basic Earnings Per Share $0.00 -$0.11 $0.20
Diluted Earnings Per Share $0.00 -$0.11 $0.20
COMMON SHARES
Basic Shares Outstanding 38.47M shares 38.46M shares 38.45M shares
Diluted Shares Outstanding 38.47M shares 38.46M shares 39.12M shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.600M $7.100M $4.400M
YoY Change 290.91% 9.23% -53.68%
Cash & Equivalents $8.550M $7.062M $4.371M
Short-Term Investments
Other Short-Term Assets $2.700M $3.000M $3.700M
YoY Change -15.63% -77.94% -80.0%
Inventory $2.289M $2.233M $2.130M
Prepaid Expenses
Receivables $7.200M $8.000M $8.300M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $20.73M $20.31M $18.55M
YoY Change 43.68% -33.21% -49.05%
LONG-TERM ASSETS
Property, Plant & Equipment $102.8M $114.9M $126.6M
YoY Change -13.23% -2.04% 14.08%
Goodwill $248.7M $248.7M $248.7M
YoY Change 0.0%
Intangibles $61.89M $61.89M $61.89M
YoY Change 0.0%
Long-Term Investments
YoY Change
Other Assets $1.041M $1.136M $1.205M
YoY Change -25.22% -23.3% -85.82%
Total Long-Term Assets $422.0M $433.4M $445.2M
YoY Change -7.64% -0.79% 3.4%
TOTAL ASSETS
Total Short-Term Assets $20.73M $20.31M $18.55M
Total Long-Term Assets $422.0M $433.4M $445.2M
Total Assets $442.7M $453.7M $463.8M
YoY Change -6.07% -2.9% -0.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.31M $10.36M $9.614M
YoY Change 5.76% 10.19% 5.65%
Accrued Expenses $20.40M $22.10M $19.20M
YoY Change 16.57% 7.28% 12.28%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $100.0K $100.0K $100.0K
YoY Change 0.0% -50.0% -50.0%
Total Short-Term Liabilities $47.33M $58.24M $57.46M
YoY Change 4.43% 52.85% 66.07%
LONG-TERM LIABILITIES
Long-Term Debt $93.20M $85.20M $94.80M
YoY Change -10.64% -20.6% -18.91%
Other Long-Term Liabilities $12.77M $30.74M $25.78M
YoY Change 19.57% -37.4% -46.84%
Total Long-Term Liabilities $12.77M $30.74M $25.78M
YoY Change 19.57% -80.35% -84.41%
TOTAL LIABILITIES
Total Short-Term Liabilities $47.33M $58.24M $57.46M
Total Long-Term Liabilities $12.77M $30.74M $25.78M
Total Liabilities $167.8M $179.0M $185.4M
YoY Change -18.61% -11.95% -11.16%
SHAREHOLDERS EQUITY
Retained Earnings -$98.43M -$98.39M -$94.35M
YoY Change -8.05%
Common Stock $373.4M $373.1M $372.7M
YoY Change 0.31%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $275.0M $274.7M $278.4M
YoY Change
Total Liabilities & Shareholders Equity $442.7M $453.7M $463.8M
YoY Change -6.07% -2.9% -0.69%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2017 Q2
OPERATING ACTIVITIES
Net Income -$38.00K -$4.039M $7.819M
YoY Change -109.09% -177.51% 7.6%
Depreciation, Depletion And Amortization $4.480M $4.697M $4.632M
YoY Change 5.41% 15.29% 15.8%
Cash From Operating Activities $1.460M $21.48M $11.60M
YoY Change -84.84% 15.17% 15.77%
INVESTING ACTIVITIES
Capital Expenditures -$7.940M -$9.260M -$7.440M
YoY Change -27.42% -23.85% -11.11%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Cash From Investing Activities -$7.940M -$9.260M -$7.440M
YoY Change -27.42% -25.38% 20.39%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 7.970M -9.530M -6.440M
YoY Change -362.17% 3.36% 101.88%
NET CHANGE
Cash From Operating Activities 1.460M 21.48M 11.60M
Cash From Investing Activities -7.940M -9.260M -7.440M
Cash From Financing Activities 7.970M -9.530M -6.440M
Net Change In Cash 1.490M 2.690M -2.280M
YoY Change -134.25% -190.27% -450.77%
FREE CASH FLOW
Cash From Operating Activities $1.460M $21.48M $11.60M
Capital Expenditures -$7.940M -$9.260M -$7.440M
Free Cash Flow $9.400M $30.74M $19.04M
YoY Change -54.3% -0.23% 3.53%

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3201000 USD
CY2016 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
5158000 USD
CY2017 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
4741000 USD
CY2016Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
144000 USD
CY2017Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
132000 USD
CY2016Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
317000 USD
CY2017Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
184000 USD
CY2016Q4 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
1600000 USD
CY2017Q4 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
1600000 USD
CY2016Q4 us-gaap Capital Leases Balance Sheet Assets By Major Class Net
CapitalLeasesBalanceSheetAssetsByMajorClassNet
64000 USD
CY2017Q4 us-gaap Capital Leases Balance Sheet Assets By Major Class Net
CapitalLeasesBalanceSheetAssetsByMajorClassNet
40000 USD
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
420000 USD
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
172000 USD
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
45000 USD
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
54000 USD
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
0 USD
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
104000 USD
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
316000 USD
CY2017Q4 us-gaap Capital Leases Future Minimum Sublease Rentals
CapitalLeasesFutureMinimumSubleaseRentals
0 USD
CY2016Q4 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
1500000 USD
CY2017Q4 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
1500000 USD
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
54000 USD
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
95000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11499000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6101000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2168000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
8550000 USD
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-5398000 USD
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-3933000 USD
CY2017 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
6382000 USD
CY2016Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
38473772 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
38661850 shares
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
38473772 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
38661850 shares
CY2016Q4 us-gaap Common Stock Value
CommonStockValue
385000 USD
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
387000 USD
CY2015 us-gaap Cost Of Services Direct Labor
CostOfServicesDirectLabor
84231000 USD
CY2016 us-gaap Cost Of Services Direct Labor
CostOfServicesDirectLabor
97471000 USD
CY2017 us-gaap Cost Of Services Direct Labor
CostOfServicesDirectLabor
106584000 USD
CY2015 us-gaap Cost Of Services Direct Materials
CostOfServicesDirectMaterials
105917000 USD
CY2016 us-gaap Cost Of Services Direct Materials
CostOfServicesDirectMaterials
107218000 USD
CY2017 us-gaap Cost Of Services Direct Materials
CostOfServicesDirectMaterials
109898000 USD
CY2015 us-gaap Costs And Expenses
CostsAndExpenses
306233000 USD
CY2016 us-gaap Costs And Expenses
CostsAndExpenses
345522000 USD
CY2017 us-gaap Costs And Expenses
CostsAndExpenses
394877000 USD
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
188000 USD
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
224000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
250000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
188000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
224000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
250000 USD
CY2017 us-gaap Debt Instrument Description Of Variable Rate Basis
DebtInstrumentDescriptionOfVariableRateBasis
(a) the federal funds rate plus 0.50%, (b) the prime rate of Bank of America, or (c) LIBOR plus 1.00%. For LIBOR loans, the margin is in the range of 1.75% to 2.50%, and for base rate loans the margin is in the range of 0.75% to 1.50%. The margin was initially set at 2.00% for LIBOR loans and at 1.00% for base rate loans until the delivery of financial statements and a compliance certificate for the first quarter of 2015. The interest rate range was 2.0% to 2.4% during fiscal 2016 and 1.9% to 2.6% during fiscal 2015 and was 2.4% and 2.0% at December 28, 2016 and December 30, 2015, respectively.
CY2017 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2019-12-11
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
8871000 USD
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
9660000 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
1495000 USD
CY2016Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
25905000 USD
CY2017Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
7167000 USD
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
15249000 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
12390000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
250000 USD
CY2016Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
41889000 USD
CY2017Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
26658000 USD
CY2016Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
18488000 USD
CY2017Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
0 USD
CY2016Q4 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
8328000 USD
CY2017Q4 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
9403000 USD
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
6378000 USD
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
2730000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
192000 USD
CY2016Q4 us-gaap Deferred Tax Assets Deferred Gain On Sale Leaseback Transaction
DeferredTaxAssetsDeferredGainOnSaleLeasebackTransaction
197000 USD
CY2017Q4 us-gaap Deferred Tax Assets Deferred Gain On Sale Leaseback Transaction
DeferredTaxAssetsDeferredGainOnSaleLeasebackTransaction
90000 USD
CY2016Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
52617000 USD
CY2017Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
38131000 USD
CY2016Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
7417000 USD
CY2017Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
7167000 USD
CY2016Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
49306000 USD
CY2017Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
33825000 USD
CY2016Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
30452000 USD
CY2017Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
13488000 USD
CY2016Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
2737000 USD
CY2017Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
2261000 USD
CY2016Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
0 USD
CY2017Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
4176000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
11982000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
12722000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax
DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
900000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Compensated Absences
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsCompensatedAbsences
658000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Compensated Absences
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsCompensatedAbsences
428000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
1932000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
1450000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
4351000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
3516000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Legal Settlements
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLegalSettlements
308000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Legal Settlements
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLegalSettlements
0 USD
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3311000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
4300000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
4306000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsGoodwill
8809000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsGoodwill
6037000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
26463000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
17613000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
4323000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
2628000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
523000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
380000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
1771000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
0 USD
CY2015 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
500000 USD
CY2016 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
600000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
700000 USD
CY2017 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.25
CY2015 us-gaap Depreciation
Depreciation
13100000 USD
CY2016 us-gaap Depreciation
Depreciation
16100000 USD
CY2017 us-gaap Depreciation
Depreciation
18100000 USD
CY2015 us-gaap Depreciation And Amortization
DepreciationAndAmortization
13092000 USD
CY2016 us-gaap Depreciation And Amortization
DepreciationAndAmortization
16053000 USD
CY2017 us-gaap Depreciation And Amortization
DepreciationAndAmortization
18128000 USD
CY2015 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13092000 USD
CY2016 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
16053000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
18128000 USD
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.63
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.14
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.19
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.14
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.19
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.13
CY2016Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.48
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.13
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.20
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
CY2017Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.22
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.62
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.14
CY2016Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.47
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.12
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.20
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.11
CY2017Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.22
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.464
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.411
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.055
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2015 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.065
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.013
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.109
CY2015 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.000
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.000
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.158
CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.003
CY2016 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.002
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
-0.013
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.051
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.050
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.006
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.001
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.004
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
-0.214
CY2016Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
5754000 USD
CY2017Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
7339000 USD
CY2017Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
1200000 USD
CY2017 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y8M13D
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
5420000 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
169000 USD
CY2017 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
5420000 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
169000 USD
CY2017 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
0 USD
CY2015 us-gaap Franchise Revenue
FranchiseRevenue
23017000 USD
CY2016 us-gaap Franchise Revenue
FranchiseRevenue
24655000 USD
CY2017 us-gaap Franchise Revenue
FranchiseRevenue
25086000 USD
CY2015 us-gaap Franchisor Costs
FranchisorCosts
3456000 USD
CY2016 us-gaap Franchisor Costs
FranchisorCosts
3823000 USD
CY2017 us-gaap Franchisor Costs
FranchisorCosts
3335000 USD
CY2015 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-471000 USD
CY2016 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-674000 USD
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5339000 USD
CY2017 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-799000 USD
CY2015 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 USD
CY2016 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
28000 USD
CY2017 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 USD
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
28997000 USD
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
34661000 USD
CY2017 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
38523000 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2830000 USD
CY2016Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
853000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12783000 USD
CY2015 us-gaap General Insurance Expense
GeneralInsuranceExpense
0 USD
CY2016 us-gaap General Insurance Expense
GeneralInsuranceExpense
48000 USD
CY2017 us-gaap General Insurance Expense
GeneralInsuranceExpense
0 USD
CY2016Q4 us-gaap Goodwill
Goodwill
248674000 USD
CY2017Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3467000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
248674000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4244000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2457000 USD
CY2017 us-gaap Income Tax Effects Allocated Directly To Equity Employee Stock Options
IncomeTaxEffectsAllocatedDirectlyToEquityEmployeeStockOptions
0 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20857000 USD
CY2016Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3761000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
44911000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
31122000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
9116000 USD
CY2015 us-gaap Income Tax Effects Allocated Directly To Equity Employee Stock Options
IncomeTaxEffectsAllocatedDirectlyToEquityEmployeeStockOptions
5420000 USD
CY2016 us-gaap Income Tax Effects Allocated Directly To Equity Employee Stock Options
IncomeTaxEffectsAllocatedDirectlyToEquityEmployeeStockOptions
169000 USD
CY2017Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4757000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
497000 USD
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
18000 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
171000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
336000 USD
CY2015 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
427000 USD
CY2016 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
844000 USD
CY2017 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
294000 USD
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2317000 USD
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IncreaseDecreaseInAccountsPayable
-4579000 USD
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1088000 USD
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-1311000 USD
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-939000 USD
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1585000 USD
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5589000 USD
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222000 USD
CY2017 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
-85000 USD
CY2015 us-gaap Increase Decrease In Insurance Liabilities
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1203000 USD
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IncreaseDecreaseInInsuranceLiabilities
423000 USD
CY2017 us-gaap Increase Decrease In Insurance Liabilities
IncreaseDecreaseInInsuranceLiabilities
407000 USD
CY2015 us-gaap Increase Decrease In Inventories
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-1000 USD
CY2016 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
221000 USD
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
177000 USD
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-325000 USD
CY2016 us-gaap Increase Decrease In Other Accrued Liabilities
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1996000 USD
CY2017 us-gaap Increase Decrease In Other Accrued Liabilities
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4547000 USD
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-91000 USD
CY2016 us-gaap Increase Decrease In Other Operating Assets
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-107000 USD
CY2017 us-gaap Increase Decrease In Other Operating Assets
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-47000 USD
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-2452000 USD
CY2016 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
448000 USD
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200000 USD
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200000 USD
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669145 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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633329 shares
CY2016Q4 us-gaap Indefinite Lived Trademarks
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61888000 USD
CY2017Q4 us-gaap Indefinite Lived Trademarks
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61888000 USD
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800000 USD
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400000 USD
CY2017 us-gaap Initial Franchise Fees
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300000 USD
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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-425000 USD
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0 USD
CY2016 us-gaap Increase Decrease In Restricted Cash
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0 USD
CY2017 us-gaap Increase Decrease In Restricted Cash
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-125000 USD
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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1090242 shares
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-3155000 USD
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-3278000 USD
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3487000 USD
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3086000 USD
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3314000 USD
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198000 USD
CY2017Q4 us-gaap Interest Payable Current
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110000 USD
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2112000 USD
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2289000 USD
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49000 USD
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28000 USD
CY2017 us-gaap Investment Income Interest
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25000 USD
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7900000 USD
CY2016 us-gaap Labor And Related Expense
LaborAndRelatedExpense
7200000 USD
CY2017 us-gaap Labor And Related Expense
LaborAndRelatedExpense
6800000 USD
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P20Y
CY2016Q4 us-gaap Liabilities
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206123000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
167761000 USD
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471305000 USD
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442711000 USD
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45318000 USD
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47325000 USD
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0.024
CY2017 us-gaap Line Of Credit Facility Interest Rate During Period
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0.033
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104000000 USD
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93000000 USD
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93300000 USD
CY2017 us-gaap Loss Contingency Lawsuit Filing Date
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On or about February 24, 2014
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-32534000 USD
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-18030000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-11051000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-30835000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-35202000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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-36238000 USD
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NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
57971000 USD
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NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
49299000 USD
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53671000 USD
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24054000 USD
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5443000 USD
CY2016Q2 us-gaap Net Income Loss
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7267000 USD
CY2016Q3 us-gaap Net Income Loss
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5211000 USD
CY2016Q4 us-gaap Net Income Loss
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418000 USD
CY2016 us-gaap Net Income Loss
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18339000 USD
CY2017Q1 us-gaap Net Income Loss
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4877000 USD
CY2017Q2 us-gaap Net Income Loss
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7819000 USD
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-4039000 USD
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-38000 USD
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8619000 USD
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1 segment
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OperatingIncomeLoss
48824000 USD
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OperatingIncomeLoss
10294000 USD
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OperatingIncomeLoss
13401000 USD
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OperatingIncomeLoss
9008000 USD
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OperatingIncomeLoss
1926000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
34629000 USD
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OperatingIncomeLoss
9361000 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
12740000 USD
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OperatingIncomeLoss
-5612000 USD
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OperatingIncomeLoss
-9665000 USD
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OperatingIncomeLoss
6824000 USD
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298147000 USD
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25270000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals
4205000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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21706000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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22669000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
23818000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
25102000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
179582000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable
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1276000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
274000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
132000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
146000 USD
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OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
188000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
184000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
352000 USD
CY2015 us-gaap Operating Leases Income Statement Contingent Revenue
OperatingLeasesIncomeStatementContingentRevenue
1100000 USD
CY2016 us-gaap Operating Leases Income Statement Contingent Revenue
OperatingLeasesIncomeStatementContingentRevenue
1000000 USD
CY2017 us-gaap Operating Leases Income Statement Contingent Revenue
OperatingLeasesIncomeStatementContingentRevenue
800000 USD
CY2015 us-gaap Operating Leases Rent Expense Contingent Rentals
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96000 USD
CY2016 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
209000 USD
CY2017 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
259000 USD
CY2015 us-gaap Operating Leases Rent Expense Minimum Rentals
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19944000 USD
CY2016 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
22089000 USD
CY2017 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
24384000 USD
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OperatingLeasesRentExpenseNet
17420000 USD
CY2016 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
19758000 USD
CY2017 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
22309000 USD
CY2015 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
2620000 USD
CY2016 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
2540000 USD
CY2017 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
2334000 USD
CY2017 us-gaap Operating Loss Carryforwards Limitations On Use
OperatingLossCarryforwardsLimitationsOnUse
expire beginning in 2030 and 2025, respectively.
CY2016Q4 us-gaap Other Accrued Liabilities Current
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3579000 USD
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6159000 USD
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1392000 USD
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1041000 USD
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OtherCostAndExpenseOperating
69977000 USD
CY2016 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
78263000 USD
CY2017 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
85631000 USD
CY2016Q4 us-gaap Other Intangible Assets Net
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484000 USD
CY2017Q4 us-gaap Other Intangible Assets Net
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377000 USD
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9672000 USD
CY2017Q4 us-gaap Other Liabilities Current
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13270000 USD
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10682000 USD
CY2017Q4 us-gaap Other Liabilities Noncurrent
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12772000 USD
CY2016Q4 us-gaap Other Sundry Liabilities Noncurrent
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2354000 USD
CY2017Q4 us-gaap Other Sundry Liabilities Noncurrent
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3369000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
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30835000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
37410000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
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36238000 USD
CY2017 us-gaap Plan Of Reorganization Dates Plan Is Effective
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2014-04-22
CY2017 us-gaap Plan Of Reorganization Terms Of Plan
PlanOfReorganizationTermsOfPlan
(“Old Holdings”) entered into the following reorganization transactions: (i) Old Holdings merged with and into CSC with CSC continuing as the surviving corporation; (ii) CSC merged with and into CAC with CAC continuing as the surviving corporation and (iii) CAC renamed itself El Pollo Loco Holdings, Inc.
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.01
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100000000 shares
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100000000 shares
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0 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
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0 shares
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0 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
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0 USD
CY2017Q1 us-gaap Revenues
Revenues
99771000 USD
CY2017Q2 us-gaap Revenues
Revenues
105573000 USD
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0 USD
CY2016 us-gaap Proceeds From Divestiture Of Businesses
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1465000 USD
CY2017 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 USD
CY2016 us-gaap Proceeds From Insurance Premiums Collected
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1400000 USD
CY2015 us-gaap Proceeds From Insurance Settlement Operating Activities
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0 USD
CY2016 us-gaap Proceeds From Insurance Settlement Operating Activities
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611000 USD
CY2017Q4 us-gaap Preferred Stock Value
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0 USD
CY2017 us-gaap Proceeds From Insurance Settlement Operating Activities
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0 USD
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0 USD
CY2016 us-gaap Proceeds From Secured Lines Of Credit
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0 USD
CY2017 us-gaap Proceeds From Secured Lines Of Credit
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8000000 USD
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3104000 USD
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2679000 USD
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4254000 USD
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978000 USD
CY2017 us-gaap Proceeds From Stock Options Exercised
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93000 USD
CY2015 us-gaap Promotional Allowances
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7400000 USD
CY2016 us-gaap Promotional Allowances
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7400000 USD
CY2017 us-gaap Promotional Allowances
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8900000 USD
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214852000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
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209316000 USD
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118470000 USD
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102794000 USD
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6919000 USD
CY2017Q4 us-gaap Receivables Net Current
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7212000 USD
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42000000 USD
CY2016 us-gaap Repayments Of Lines Of Credit
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19000000 USD
CY2017 us-gaap Repayments Of Lines Of Credit
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19000000 USD
CY2015 us-gaap Repayments Of Long Term Capital Lease Obligations
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208000 USD
CY2016 us-gaap Repayments Of Long Term Capital Lease Obligations
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177000 USD
CY2017 us-gaap Repayments Of Long Term Capital Lease Obligations
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144000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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125000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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0 USD
CY2017 us-gaap Restriction To Transfer Funds
RestrictionToTransferFunds
Under the 2014 Revolver, Holdings may not make certain payments such as cash dividends, except that it may, inter alia, (i) pay up to $1.0 million per year to repurchase or redeem qualified equity interests of Holdings held by past or present officers, directors, or employees (or their estates) of the Company upon death, disability, or termination of employment, (ii) pay under its income tax receivable agreement (the “TRA”), and, (iii) so long as no default or event of default has occurred and is continuing, (a) make non-cash repurchases of equity interests in connection with the exercise of stock options by directors and officers, provided that those equity interests represent a portion of the consideration of the exercise price of those stock options, (b) pay up to $2.5 million per year pursuant to stock option plans, employment agreements, or incentive plans, (c) make up to $5.0 million in other restricted payments per year, and (d) make other restricted payments, provided that such payments would not cause, in each case, on a pro forma basis, (x) its lease-adjusted consolidated leverage ratio to equal or exceed 4.25 times and (y) its consolidated fixed charge coverage ratio to be less than 1.75 times.
CY2015 us-gaap Restructuring Costs
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-89000 USD
CY2016 us-gaap Restructuring Costs
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154000 USD
CY2017 us-gaap Restructuring Costs
RestructuringCosts
1051000 USD
CY2015 us-gaap Restructuring Costs And Asset Impairment Charges
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92000 USD
CY2016 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
8554000 USD
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33645000 USD
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-107046000 USD
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-98427000 USD
CY2015 us-gaap Revenues
Revenues
355057000 USD
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Revenues
94354000 USD
CY2016Q2 us-gaap Revenues
Revenues
97474000 USD
CY2016Q3 us-gaap Revenues
Revenues
95816000 USD
CY2016Q4 us-gaap Revenues
Revenues
92479000 USD
CY2016 us-gaap Revenues
Revenues
380123000 USD
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1909440 shares
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6.59
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14900000 USD
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900000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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200000 USD
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
158813 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
0 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
8.20
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
0.00
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
347053 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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135036 shares
CY2017Q3 us-gaap Revenues
Revenues
101155000 USD
CY2017Q4 us-gaap Revenues
Revenues
95202000 USD
CY2017 us-gaap Revenues
Revenues
401701000 USD
CY2015 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
332040000 USD
CY2016 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
355468000 USD
CY2017 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
376615000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
539000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
1063000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
1056000 USD
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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7300000 USD
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2151214 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2191728 shares
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CY2017 us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;">DESCRIPTION OF BUSINESS</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">El Pollo Loco Holdings, Inc. (&#8220;Holdings&#8221;) is a Delaware corporation headquartered in Costa Mesa, California. Holdings and its direct and indirect subsidiaries are collectively known as &#8220;we,&#8221; &#8220;us&#8221; or the &#8220;Company.&#8221; The Company&#8217;s activities are conducted principally through its indirect wholly-owned subsidiary, El Pollo Loco, Inc. (&#8220;EPL&#8221;), which develops, franchises, licenses and operates quick-service restaurants under the name El Pollo Loco &#174;. The restaurants, which are located principally in California but also in Arizona, Nevada, Texas, and Utah, specialize in flame-grilled chicken in a wide variety of contemporary Mexican-influenced entrees, including specialty chicken burritos, chicken quesadillas, chicken tortilla soup, variations on our Pollo Bowl&#174; and Pollo Salads. At </font><font style="font-family:inherit;font-size:10pt;">December&#160;27, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company operated </font><font style="font-family:inherit;font-size:10pt;">212</font><font style="font-family:inherit;font-size:10pt;"> (</font><font style="font-family:inherit;font-size:10pt;">141</font><font style="font-family:inherit;font-size:10pt;"> in the greater Los Angeles area) and franchised </font><font style="font-family:inherit;font-size:10pt;">265</font><font style="font-family:inherit;font-size:10pt;"> (</font><font style="font-family:inherit;font-size:10pt;">138</font><font style="font-family:inherit;font-size:10pt;"> in the greater Los Angeles area) El Pollo Loco restaurants. In addition, the Company currently licenses </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> restaurants in the Philippines. The Company&#8217;s largest stockholder is Trimaran Pollo Partners, L.L.C. (&#8220;LLC&#8221;), which is controlled by affiliates of Trimaran Capital, L.L.C. LLC acquired Chicken Acquisition Corp. (&#8220;CAC&#8221;), a predecessor of Holdings, on November&#160;17, 2005 (the &#8220;Acquisition&#8221;) and has a </font><font style="font-family:inherit;font-size:10pt;">43.3%</font><font style="font-family:inherit;font-size:10pt;"> ownership interest as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;27, 2017</font><font style="font-family:inherit;font-size:10pt;">. LLC&#8217;s only material asset is its investment in Holdings.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On </font><font style="font-family:inherit;font-size:10pt;">April&#160;22, 2014</font><font style="font-family:inherit;font-size:10pt;">, CAC, its wholly owned subsidiary, Chicken Subsidiary Corp (&#8220;CSC&#8221;) and CSC&#8217;s wholly owned subsidiary, the former El Pollo Loco Holdings, Inc. </font><font style="font-family:inherit;font-size:10pt;">(&#8220;Old Holdings&#8221;) entered into the following reorganization transactions: (i)&#160;Old Holdings merged with and into CSC with CSC continuing as the surviving corporation; (ii)&#160;CSC merged with and into CAC with CAC continuing as the surviving corporation and (iii)&#160;CAC renamed itself El Pollo Loco Holdings, Inc.</font><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Holdings has no material assets or operations. Holdings and Holdings&#8217; direct subsidiary, EPL Intermediate, Inc. (&#8220;Intermediate&#8221;), guarantee EPL&#8217;s 2014 Revolver (see Note 6) on a full and unconditional basis and Intermediate has no subsidiaries other than EPL. EPL is a separate and distinct legal entity, and has no obligation to make funds available to Intermediate. EPL and Intermediate may pay dividends to Intermediate and to Holdings, respectively.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Under the 2014 Revolver, Holdings may not make certain payments such as cash dividends, except that it may, inter alia, (i)&#160;pay up to $1.0 million per year to repurchase or redeem qualified equity interests of Holdings held by past or present officers, directors, or employees (or their estates) of the Company upon death, disability, or termination of employment, (ii)&#160;pay under its income tax receivable agreement (the &#8220;TRA&#8221;), and, (iii)&#160;so long as no default or event of default has occurred and is continuing, (a)&#160;make non-cash repurchases of equity interests in connection with the exercise of stock options by directors and officers, provided that those equity interests represent a portion of the consideration of the exercise price of those stock options, (b)&#160;pay up to $2.5 million per year pursuant to stock option plans, employment agreements, or incentive plans, (c)&#160;make up to $5.0 million in other restricted payments per year, and (d)&#160;make other restricted payments, provided that such payments would not cause, in each case, on a pro forma basis, (x)&#160;its lease-adjusted consolidated leverage ratio to equal or exceed 4.25 times and (y)&#160;its consolidated fixed charge coverage ratio to be less than 1.75 times.</font><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company operates in </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> operating segment. All significant revenues relate to retail sales of food and beverages to the general public through either company or franchised restaurants.</font></div></div>
CY2017 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;">Concentration</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;"> of Risk</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash and cash equivalents are maintained at financial institutions and, at times, balances may exceed federally-insured limits. The Company has never experienced any losses related to these balances.</font></div></div>
CY2017 us-gaap Revenue Recognition Gift Cards
RevenueRecognitionGiftCards
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;">Gift</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;"> Cards</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company sells gift cards to its customers in the restaurants and through selected third parties. The gift cards sold to customers have no stated expiration dates and are subject to actual and/or potential escheatment rights in several of the jurisdictions in which the Company operates. The Company recognizes income from gift cards when redeemed by the customer.</font></div></div>
CY2017 us-gaap Revenue Recognition Leases Operating
RevenueRecognitionLeasesOperating
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;">Operating</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;"> Leases</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Rent expense for the Company&#8217;s operating leases, which generally have escalating rents over the term of the lease, is recorded on a straight-line basis over the expected lease term. The lease term begins when the Company has the right to control the use of the leased property, which is typically before rent payments are due under the terms of the lease. Rent expense is included in occupancy and other operating expenses on the consolidated statements of income. The difference between rent expense and rent paid is recorded as deferred rent, which is included in other noncurrent liabilities in the accompanying consolidated balance sheets. Percentage rent expenses are recorded based on estimated sales or gross margin for respective restaurants over the contingency period.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Any leasehold improvements that are funded by lessor incentives under operating leases are recorded as leasehold improvements and amortized over the expected lease term. Such incentives are also recorded as deferred rent and amortized as reductions to rent expense over the expected lease term.</font></div></div>
CY2017 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;">Use of Estimates</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (&#8220;GAAP&#8221;) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the consolidated financial statements and revenue and expenses during the period reported. Actual results could materially differ from those estimates. The Company&#8217;s significant estimates include estimates for impairment of goodwill, intangible assets and property and equipment, insurance reserves, lease termination liabilities, closed-store reserves, stock-based compensation, income tax receivable agreement liability, and income tax valuation allowances.</font></div></div>

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