2022 Q1 Form 10-Q Financial Statement

#000162053322000032 Filed on May 06, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $203.4M $155.3M
YoY Change 30.98% 8.46%
Cost Of Revenue $120.2M $90.90M
YoY Change 32.18% 11.95%
Gross Profit $83.24M $64.40M
YoY Change 29.25% 4.04%
Gross Profit Margin 40.93% 41.47%
Selling, General & Admin $50.51M $37.20M
YoY Change 35.77% 19.61%
% of Gross Profit 60.67% 57.76%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $16.86M $13.73M
YoY Change 22.8% 16.64%
% of Gross Profit 20.25% 21.31%
Operating Expenses $218.3M $165.3M
YoY Change 32.08% 14.83%
Operating Profit -$14.94M -$10.02M
YoY Change 49.04% 1173.32%
Interest Expense $355.0K $515.0K
YoY Change -31.07% 359.82%
% of Operating Profit
Other Income/Expense, Net $34.00K $0.00
YoY Change
Pretax Income -$15.58M -$10.51M
YoY Change 48.3% 958.97%
Income Tax -$4.297M -$11.08M
% Of Pretax Income
Net Earnings -$10.16M $1.309M
YoY Change -876.32% -236.35%
Net Earnings / Revenue -5.0% 0.84%
Basic Earnings Per Share -$0.26 $0.03
Diluted Earnings Per Share -$0.26 $0.01
COMMON SHARES
Basic Shares Outstanding 39.16M shares 38.95M shares
Diluted Shares Outstanding 39.16M shares 42.79M shares

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $358.9M $415.9M
YoY Change -13.7% 299.14%
Cash & Equivalents $279.3M $375.0M
Short-Term Investments $79.68M $40.90M
Other Short-Term Assets $12.16M $7.800M
YoY Change 55.83% 239.13%
Inventory $3.780M $2.734M
Prepaid Expenses
Receivables $11.76M $8.838M
Other Receivables $0.00 $0.00
Total Short-Term Assets $386.6M $435.3M
YoY Change -11.18% 277.17%
LONG-TERM ASSETS
Property, Plant & Equipment $399.0M $348.6M
YoY Change 14.46% 5.94%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $13.85M $11.79M
YoY Change 17.4% -2.19%
Total Long-Term Assets $1.063B $972.3M
YoY Change 9.34% 5.16%
TOTAL ASSETS
Total Short-Term Assets $386.6M $435.3M
Total Long-Term Assets $1.063B $972.3M
Total Assets $1.450B $1.408B
YoY Change 2.99% 35.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $13.40M $24.31M
YoY Change -44.89% 58.56%
Accrued Expenses $39.00M $28.77M
YoY Change 35.53% 18.76%
Deferred Revenue $837.0K $612.0K
YoY Change 36.76% 12.29%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $2.697M $2.400M
YoY Change 12.38% 26.32%
Total Short-Term Liabilities $126.0M $118.7M
YoY Change 6.07% 15.48%
LONG-TERM LIABILITIES
Long-Term Debt $248.1M $246.9M
YoY Change 0.47% 358.92%
Other Long-Term Liabilities $20.94M $22.30M
YoY Change -6.07% 44.56%
Total Long-Term Liabilities $20.94M $22.30M
YoY Change -6.07% 44.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $126.0M $118.7M
Total Long-Term Liabilities $20.94M $22.30M
Total Liabilities $1.024B $967.6M
YoY Change 5.87% 34.88%
SHAREHOLDERS EQUITY
Retained Earnings -$6.608M $13.52M
YoY Change -148.88% -74.69%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $400.4M $413.9M
YoY Change
Total Liabilities & Shareholders Equity $1.450B $1.408B
YoY Change 2.99% 35.34%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income -$10.16M $1.309M
YoY Change -876.32% -236.35%
Depreciation, Depletion And Amortization $16.86M $13.73M
YoY Change 22.8% 16.64%
Cash From Operating Activities $7.969M $9.951M
YoY Change -19.92% 32.96%
INVESTING ACTIVITIES
Capital Expenditures $27.97M $23.16M
YoY Change 20.81% 20.86%
Acquisitions
YoY Change
Other Investing Activities -$77.00K -$4.070M
YoY Change -98.11% -120.55%
Cash From Investing Activities -$28.05M -$27.23M
YoY Change 3.02% -4295.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$3.073M $245.4M
YoY Change -101.25% 476.42%
NET CHANGE
Cash From Operating Activities $7.969M $9.951M
Cash From Investing Activities -$28.05M -$27.23M
Cash From Financing Activities -$3.073M $245.4M
Net Change In Cash -$23.16M $228.1M
YoY Change -110.15% 349.89%
FREE CASH FLOW
Cash From Operating Activities $7.969M $9.951M
Capital Expenditures $27.97M $23.16M
Free Cash Flow -$20.01M -$13.20M
YoY Change 51.51% 13.1%

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CY2022Q1 us-gaap Depreciation
Depreciation
16855000 USD
CY2021Q1 us-gaap Depreciation
Depreciation
13726000 USD
CY2021Q1 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
313000 USD
CY2021Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1523000 USD
CY2022Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
262000 USD
CY2021Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
86000 USD
CY2022Q1 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
332000 USD
CY2022Q1 shak Amortizationofoperatingleaseassets
Amortizationofoperatingleaseassets
13681000 USD
CY2021Q1 shak Amortizationofoperatingleaseassets
Amortizationofoperatingleaseassets
12330000 USD
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
3188000 USD
CY2021Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1681000 USD
CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
5719000 USD
CY2022Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
5000 USD
CY2021Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
337000 USD
CY2022Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-577000 USD
CY2021Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-369000 USD
CY2022Q1 us-gaap Debt And Equity Securities Unrealized Gain Loss
DebtAndEquitySecuritiesUnrealizedGainLoss
-400000 USD
CY2021Q1 us-gaap Debt And Equity Securities Unrealized Gain Loss
DebtAndEquitySecuritiesUnrealizedGainLoss
-46000 USD
CY2022Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1000 USD
CY2021Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1000 USD
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1902000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-626000 USD
CY2022Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-70000 USD
CY2021Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-154000 USD
CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2392000 USD
CY2021Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
731000 USD
CY2022Q1 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
2111000 USD
CY2021Q1 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
216000 USD
CY2022Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2862000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1474000 USD
CY2022Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-10369000 USD
CY2021Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-9420000 USD
CY2022Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
1394000 USD
CY2021Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
2865000 USD
CY2022Q1 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
5312000 USD
CY2021Q1 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-158000 USD
CY2022Q1 shak Increase Decreasein Longtermoperatingleaseliabilities
IncreaseDecreaseinLongtermoperatingleaseliabilities
-11726000 USD
CY2021Q1 shak Increase Decreasein Longtermoperatingleaseliabilities
IncreaseDecreaseinLongtermoperatingleaseliabilities
-10754000 USD
CY2022Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-985000 USD
CY2021Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-1828000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7969000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
9951000 USD
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
27974000 USD
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
23155000 USD
CY2022Q1 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
77000 USD
CY2021Q1 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
4073000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-28051000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-27228000 USD
CY2022Q1 us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
0 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
243750000 USD
CY2022Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 USD
CY2021Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
70000 USD
CY2022Q1 shak Payments Onprincipal On Finance Lease Liabilities
PaymentsOnprincipalOnFinanceLeaseLiabilities
747000 USD
CY2021Q1 shak Payments Onprincipal On Finance Lease Liabilities
PaymentsOnprincipalOnFinanceLeaseLiabilities
602000 USD
CY2022Q1 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
302000 USD
CY2021Q1 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
467000 USD
CY2022Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
CY2021Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
649000 USD
CY2022Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
84000 USD
CY2021Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
6451000 USD
CY2022Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2108000 USD
CY2021Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3010000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3073000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
245403000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-23155000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
228126000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
302406000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
146873000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
279251000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
374999000 USD
CY2022Q1 us-gaap Number Of Restaurants
NumberOfRestaurants
382 Restaurant
CY2022Q1 us-gaap Fiscal Period
FiscalPeriod
<div style="margin-bottom:6pt;margin-top:12pt"><span style="color:#619f42;font-family:'Arial Narrow',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Fiscal Year</span></div><div style="margin-bottom:10pt;text-align:justify"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company operates on a 52/53 week fiscal year ending on the last Wednesday in December. Fiscal 2022 contains 52 weeks and ends on December 28, 2022. Fiscal 2021 contained 52 weeks and ended on December 29, 2021. Unless otherwise stated, references to years in this report relate to fiscal years.</span></div>
CY2022Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:6pt;margin-top:12pt"><span style="color:#619f42;font-family:'Arial Narrow',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:10pt;text-align:justify"><span style="color:#000000;font-family:'Arial Narrow',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of these Condensed Consolidated Financial Statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of sales and expenses during the reporting period. Actual results could differ from those estimates.</span></div>
CY2022Q1 us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Estimate Of Transaction Price
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInEstimateOfTransactionPrice
1281000 USD
CY2022Q1 shak Gift Card Breakage Income
GiftCardBreakageIncome
1309000 USD
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
203391000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
155282000 USD
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
18433000 USD
CY2022Q1 shak Contract With Customer Gift Card Liability
ContractWithCustomerGiftCardLiability
1847000 USD
CY2021Q4 shak Contract With Customer Gift Card Liability
ContractWithCustomerGiftCardLiability
3297000 USD
CY2022Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
837000 USD
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
763000 USD
CY2022Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
13277000 USD
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
12669000 USD
CY2022Q1 shak Increase Decreasein Contractwith Customer Gift Card Liability
IncreaseDecreaseinContractwithCustomerGiftCardLiability
1506000 USD
CY2021Q1 shak Increase Decreasein Contractwith Customer Gift Card Liability
IncreaseDecreaseinContractwithCustomerGiftCardLiability
219000 USD
CY2022Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
197000 USD
CY2021Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
181000 USD
CY2022Q1 us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Estimate Of Transaction Price
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInEstimateOfTransactionPrice
1281000 USD
CY2022Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2021Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2022Q1 us-gaap Litigation Reserve Current
LitigationReserveCurrent
6275000 USD
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
14501000 USD
CY2022Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
13277000 USD
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
12669000 USD
CY2022Q1 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
4931000 USD
CY2021Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
4575000 USD
CY2022Q1 shak Contract With Customer Gift Card Liability
ContractWithCustomerGiftCardLiability
1847000 USD
CY2021Q4 shak Contract With Customer Gift Card Liability
ContractWithCustomerGiftCardLiability
3297000 USD
CY2022Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
2697000 USD
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
2711000 USD
CY2021Q4 us-gaap Litigation Reserve Current
LitigationReserveCurrent
533000 USD
CY2022Q1 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
4836000 USD
CY2021Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
3385000 USD
CY2022Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
20586000 USD
CY2022Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
4246000 USD
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
4303000 USD
CY2022Q1 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
3421000 USD
CY2021Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
5801000 USD
CY2022Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
20944000 USD
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
22773000 USD
CY2022Q1 us-gaap Convertible Debt Fair Value Disclosures
ConvertibleDebtFairValueDisclosures
200025000 USD
CY2022Q1 us-gaap Interest Costs Incurred
InterestCostsIncurred
36000 USD
CY2021Q1 us-gaap Interest Costs Incurred
InterestCostsIncurred
368000 USD
CY2022Q1 shak Lessee Operating Lease Number Of Renewal Options
LesseeOperatingLeaseNumberOfRenewalOptions
2 option
CY2022Q1 us-gaap Lessor Operating Lease Renewal Term
LessorOperatingLeaseRenewalTerm
P5Y
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
346128000 USD
CY2021Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
347277000 USD
CY2022Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
6733000 USD
CY2021Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
6810000 USD
CY2022Q1 shak Operating And Finance Lease Right Of Use Asset
OperatingAndFinanceLeaseRightOfUseAsset
352861000 USD
CY2021Q1 shak Operating And Finance Lease Right Of Use Asset
OperatingAndFinanceLeaseRightOfUseAsset
354087000 USD
CY2022Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
36951000 USD
CY2021Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
35519000 USD
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
399487000 USD
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
400113000 USD
CY2022Q1 shak Othercurrentliabilitiesfinanceleases
Othercurrentliabilitiesfinanceleases
2697000 USD
CY2021Q1 shak Othercurrentliabilitiesfinanceleases
Othercurrentliabilitiesfinanceleases
2711000 USD
CY2022Q1 shak Otherlongtermliabilitiesfinanceleases
Otherlongtermliabilitiesfinanceleases
4246000 USD
CY2021Q1 shak Otherlongtermliabilitiesfinanceleases
Otherlongtermliabilitiesfinanceleases
4303000 USD
CY2022Q1 shak Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
443381000 USD
CY2021Q1 shak Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
442646000 USD
CY2022Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
13681000 USD
CY2021Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
12330000 USD
CY2022Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
753000 USD
CY2021Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
613000 USD
CY2022Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
52000 USD
CY2021Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
54000 USD
CY2022Q1 us-gaap Variable Lease Cost
VariableLeaseCost
3504000 USD
CY2021Q1 us-gaap Variable Lease Cost
VariableLeaseCost
2851000 USD
CY2022Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
98000 USD
CY2021Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
82000 USD
CY2022Q1 us-gaap Lease Cost
LeaseCost
18088000 USD
CY2021Q1 us-gaap Lease Cost
LeaseCost
15930000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
34003000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
2252000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
64088000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
2205000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
64127000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
1450000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
62986000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
718000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
59230000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
425000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
255488000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
273000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
539922000 USD
CY2022Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
7323000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
111396000 USD
CY2022Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
392000 USD
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
428526000 USD
CY2022Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
6931000 USD
CY2022Q1 shak Operating Lease For Non Cancellable Leases
OperatingLeaseForNonCancellableLeases
129255000 USD
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y1M6D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y6M
CY2022Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P5Y3M18D
CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P5Y4M24D
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.052
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.039
CY2022Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.031
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.031
CY2022Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
13525000 USD
CY2021Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
11825000 USD
CY2022Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
52000 USD
CY2021Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
54000 USD
CY2022Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
747000 USD
CY2021Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
602000 USD
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5541000 USD
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
11095000 USD
CY2021Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
67000 USD
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
676000 USD
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
1518000 USD
CY2022Q1 shak Consolidation Lessthan Wholly Owned Subsidiary Numberof Shares Heldby Parent
ConsolidationLessthanWhollyOwnedSubsidiaryNumberofSharesHeldbyParent
39218290 shares
CY2021Q4 shak Consolidation Lessthan Wholly Owned Subsidiary Numberof Shares Heldby Parent
ConsolidationLessthanWhollyOwnedSubsidiaryNumberofSharesHeldbyParent
39142397 shares
CY2022Q1 shak Consolidation Lessthan Wholly Owned Subsidiary Numberof Shares Heldby Noncontrolling Owners
ConsolidationLessthanWhollyOwnedSubsidiaryNumberofSharesHeldbyNoncontrollingOwners
2911587 shares
CY2021Q4 shak Consolidation Lessthan Wholly Owned Subsidiary Numberof Shares Heldby Noncontrolling Owners
ConsolidationLessthanWhollyOwnedSubsidiaryNumberofSharesHeldbyNoncontrollingOwners
2921587 shares
CY2022Q1 shak Consolidation Lessthan Wholly Owned Subsidiary Numberof Shares
ConsolidationLessthanWhollyOwnedSubsidiaryNumberofShares
42129877 shares
CY2022Q1 shak Noncontrolling Interest Total Ownership Percentage
NoncontrollingInterestTotalOwnershipPercentage
1.000
CY2021Q4 shak Consolidation Lessthan Wholly Owned Subsidiary Numberof Shares
ConsolidationLessthanWhollyOwnedSubsidiaryNumberofShares
42063984 shares
CY2021Q4 shak Noncontrolling Interest Total Ownership Percentage
NoncontrollingInterestTotalOwnershipPercentage
1.000
CY2022Q1 shak Noncontrolling Interest Weighted Average Ownership Percentage
NoncontrollingInterestWeightedAverageOwnershipPercentage
0.069
CY2021Q1 shak Noncontrolling Interest Weighted Average Ownership Percentage
NoncontrollingInterestWeightedAverageOwnershipPercentage
0.070
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-10162000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
1309000 USD
CY2022Q1 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
-12390000 USD
CY2021Q1 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
4703000 USD
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3188000 USD
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1681000 USD
CY2022Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
56000 USD
CY2022Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
959000 USD
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3188000 USD
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1681000 USD
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.276
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
1.055
CY2022Q1 shak Noncontrolling Interest Ownership Percentageby Parent Weighted Average
NoncontrollingInterestOwnershipPercentagebyParentWeightedAverage
0.931
CY2021Q1 shak Noncontrolling Interest Ownership Percentageby Parent Weighted Average
NoncontrollingInterestOwnershipPercentagebyParentWeightedAverage
0.930
CY2022Q1 shak Additional Deferred Tax Asset Recognized Investmentin Partnership
AdditionalDeferredTaxAssetRecognizedInvestmentinPartnership
631000 USD
CY2022Q1 shak Additional Deferred Tax Asset Recognized Tax Receivable Agreement
AdditionalDeferredTaxAssetRecognizedTaxReceivableAgreement
62000 USD
CY2022Q1 shak Tax Receivable Agreement Percentageof Tax Benefits Dueto Equity Owners
TaxReceivableAgreementPercentageofTaxBenefitsDuetoEquityOwners
0.85
CY2022Q1 shak Tax Receivable Agreement Percentageof Tax Benefits Expectedtobe Realized
TaxReceivableAgreementPercentageofTaxBenefitsExpectedtobeRealized
0.15
CY2022Q1 shak Consolidated Entity Ownership By Parent Llc Units Acquired
ConsolidatedEntityOwnershipByParentLLCUnitsAcquired
10000 shares
CY2022Q1 shak Establishmentof Liabilities Under Tax Receivable Agreement
EstablishmentofLiabilitiesUnderTaxReceivableAgreement
228000 USD
CY2022Q1 shak Tax Receivable Agreement Percentageof Tax Benefits Dueto Equity Owners
TaxReceivableAgreementPercentageofTaxBenefitsDuetoEquityOwners
0.85
CY2022Q1 shak Tax Receivable Agreement Payments To Related Parties
TaxReceivableAgreementPaymentsToRelatedParties
0 USD
CY2022Q1 shak Tax Receivable Agreement Liability Currentand Noncurrent
TaxReceivableAgreementLiabilityCurrentandNoncurrent
234273000 USD
CY2022Q1 shak Employee Retention Credit Cares Act
EmployeeRetentionCreditCARESAct
500000 USD
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-10162000 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1309000 USD
CY2022Q1 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
-11282000 USD
CY2021Q1 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
575000 USD
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39163000 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38948000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39163000 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42789000 shares
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.26
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.03
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.26
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
CY2022Q1 shak Establishmentof Liabilities Under Tax Receivable Agreement
EstablishmentofLiabilitiesUnderTaxReceivableAgreement
228000 USD
CY2022Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
936000 USD
CY2021Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
388000 USD
CY2022Q1 shak Interest Paid Net Of Amounts Capitalized
InterestPaidNetOfAmountsCapitalized
57000 USD
CY2021Q1 shak Interest Paid Net Of Amounts Capitalized
InterestPaidNetOfAmountsCapitalized
70000 USD
CY2022Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
20080000 USD
CY2021Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
12949000 USD
CY2022Q1 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
25000 USD
CY2021Q1 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
9000 USD
CY2022Q1 shak Line Of Credit Facility Amendment Accrual
LineOfCreditFacilityAmendmentAccrual
0 USD
CY2021Q1 shak Line Of Credit Facility Amendment Accrual
LineOfCreditFacilityAmendmentAccrual
112000 USD
CY2022Q1 shak Convertible Notes Issuance Related Accrual
ConvertibleNotesIssuanceRelatedAccrual
0 USD
CY2021Q1 shak Convertible Notes Issuance Related Accrual
ConvertibleNotesIssuanceRelatedAccrual
312000 USD
CY2021Q1 shak Establishmentof Liabilities Under Tax Receivable Agreement
EstablishmentofLiabilitiesUnderTaxReceivableAgreement
1094000 USD
CY2022Q1 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
6000000 USD
CY2022Q1 shak Tax Receivable Agreement Percentageof Tax Benefits Dueto Equity Owners
TaxReceivableAgreementPercentageofTaxBenefitsDuetoEquityOwners
0.85
CY2022Q1 shak Establishmentof Liabilities Under Tax Receivable Agreement
EstablishmentofLiabilitiesUnderTaxReceivableAgreement
228000 USD
CY2021Q1 shak Establishmentof Liabilities Under Tax Receivable Agreement
EstablishmentofLiabilitiesUnderTaxReceivableAgreement
1094000 USD
CY2022Q1 shak Tax Receivable Agreement Liability Noncurrent
TaxReceivableAgreementLiabilityNoncurrent
234273000 USD
CY2021Q4 shak Tax Receivable Agreement Liability Noncurrent
TaxReceivableAgreementLiabilityNoncurrent
234045000 USD
CY2022Q1 shak Tax Receivable Agreement Percentageof Tax Benefits Dueto Equity Owners
TaxReceivableAgreementPercentageofTaxBenefitsDuetoEquityOwners
0.85
CY2022Q1 shak Tax Receivable Agreement Payments To Related Parties
TaxReceivableAgreementPaymentsToRelatedParties
0 USD
CY2022Q1 shak Tax Receivable Agreement Liability Noncurrent
TaxReceivableAgreementLiabilityNoncurrent
234273000 USD
CY2021Q4 shak Tax Receivable Agreement Liability Currentand Noncurrent
TaxReceivableAgreementLiabilityCurrentandNoncurrent
234045000 USD
CY2022Q1 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
302000 USD
CY2021Q1 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
467000 USD

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