$PBPB
POTBELLY CORP

2017 Q2 Form 10-Q Financial Statement

#000156459017015609 Filed on August 04, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $108.1M $105.0M
YoY Change 2.95% 9.47%
Cost Of Revenue $28.64M $28.50M
YoY Change 0.47% 4.58%
Gross Profit $79.50M $76.54M
YoY Change 3.87% 11.41%
Gross Profit Margin 73.52% 72.87%
Selling, General & Admin $57.30M $53.70M
YoY Change 6.7% 9.82%
% of Gross Profit 72.07% 70.16%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.450M $5.680M
YoY Change 13.56% 7.41%
% of Gross Profit 8.11% 7.42%
Operating Expenses $108.0M $99.52M
YoY Change 8.49% 8.34%
Operating Profit $164.0K $5.512M
YoY Change -97.02% 34.97%
Interest Expense $41.00K $41.00K
YoY Change 0.0% -34.92%
% of Operating Profit 25.0% 0.74%
Other Income/Expense, Net
YoY Change
Pretax Income $123.0K $5.471M
YoY Change -97.75% 36.06%
Income Tax $186.0K $2.039M
% Of Pretax Income 151.22% 37.27%
Net Earnings -$138.0K $3.373M
YoY Change -104.09% 37.06%
Net Earnings / Revenue -0.13% 3.21%
Basic Earnings Per Share -$0.01 $0.13
Diluted Earnings Per Share -$0.01 $0.13
COMMON SHARES
Basic Shares Outstanding 25.03M 25.82M
Diluted Shares Outstanding 25.03M 26.46M

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $21.20M $29.90M
YoY Change -29.1% -44.73%
Cash & Equivalents $21.18M $29.92M
Short-Term Investments
Other Short-Term Assets $9.200M $5.200M
YoY Change 76.92% -42.22%
Inventory $3.300M $3.000M
Prepaid Expenses
Receivables $5.600M $4.600M
Other Receivables $0.00 $0.00
Total Short-Term Assets $39.30M $42.70M
YoY Change -7.96% -39.88%
LONG-TERM ASSETS
Property, Plant & Equipment $105.3M $95.80M
YoY Change 9.92% 3.44%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $23.30M $22.20M
YoY Change 4.95% 3.26%
Total Long-Term Assets $134.2M $123.6M
YoY Change 8.58% 3.88%
TOTAL ASSETS
Total Short-Term Assets $39.30M $42.70M
Total Long-Term Assets $134.2M $123.6M
Total Assets $173.5M $166.3M
YoY Change 4.33% -12.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.200M $3.900M
YoY Change 7.69% 75.04%
Accrued Expenses $19.70M $18.10M
YoY Change 8.84% -8.09%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $23.90M $23.30M
YoY Change 2.58% 5.8%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $24.70M $19.90M
YoY Change 24.12% 2746.92%
Total Long-Term Liabilities $24.70M $19.90M
YoY Change 24.12% 2746.92%
TOTAL LIABILITIES
Total Short-Term Liabilities $23.90M $23.30M
Total Long-Term Liabilities $24.70M $19.90M
Total Liabilities $49.40M $43.90M
YoY Change 12.53% 14.02%
SHAREHOLDERS EQUITY
Retained Earnings -$212.5M
YoY Change
Common Stock $413.5M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $77.32M
YoY Change
Treasury Stock Shares $6.167M
Shareholders Equity $124.0M $122.4M
YoY Change
Total Liabilities & Shareholders Equity $173.5M $166.3M
YoY Change 4.31% -12.48%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income -$138.0K $3.373M
YoY Change -104.09% 37.06%
Depreciation, Depletion And Amortization $6.450M $5.680M
YoY Change 13.56% 7.41%
Cash From Operating Activities $2.720M $12.26M
YoY Change -77.81% 39.16%
INVESTING ACTIVITIES
Capital Expenditures -$8.400M -$5.560M
YoY Change 51.08% -42.92%
Acquisitions $1.100M
YoY Change
Other Investing Activities $0.00 -$1.110M
YoY Change -100.0%
Cash From Investing Activities -$8.400M -$6.670M
YoY Change 25.94% -31.52%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -510.0K -9.150M
YoY Change -94.43% 36.77%
NET CHANGE
Cash From Operating Activities 2.720M 12.26M
Cash From Investing Activities -8.400M -6.670M
Cash From Financing Activities -510.0K -9.150M
Net Change In Cash -6.190M -3.560M
YoY Change 73.88% -53.28%
FREE CASH FLOW
Cash From Operating Activities $2.720M $12.26M
Capital Expenditures -$8.400M -$5.560M
Free Cash Flow $11.12M $17.82M
YoY Change -37.6% -3.94%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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us-gaap Fiscal Period
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<div> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;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;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">The Company uses a 52/53-week fiscal year that ends on the last Sunday of the calendar period. Approximately every five or six years a 53rd week is added. Fiscal year 2017 consists of 53 weeks and 2016 consisted of 52 weeks. The fiscal quarters ended June 25, 2017 and June 26, 2016 each consisted of 13 weeks.</p></div>
us-gaap Use Of Estimates
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117000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
54000
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
3124000
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.61
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
11.55
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
9.57
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
14.98
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.64
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
9.94
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
13455000
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
7425000
CY2017Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
7140000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y9M11D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y8M9D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y6M21D
CY2017Q2 us-gaap Share Based Compensation
ShareBasedCompensation
1100000
CY2016Q2 us-gaap Share Based Compensation
ShareBasedCompensation
800000
CY2017Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
6400000
pbpb Share Based Compensation Arrangement Unrecognized Compensation Expense Expected Term
ShareBasedCompensationArrangementUnrecognizedCompensationExpenseExpectedTerm
2021
CY2017Q1 us-gaap Litigation Settlement Amount Awarded From Other Party
LitigationSettlementAmountAwardedFromOtherParty
1300000

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