Note 7 - Segment Information (Tables)

3 Months Ended

Mar. 26, 2023

	*13 Weeks Ended*
	*March 26,*			*March 27,*
	*2023*			*2022*

Revenues:
Company-owned steakhouse restaurants	$	130,161		$	119,993
Franchise operations		5,269			4,730
Unallocated other revenue and revenue discounts		1,427			1,409
Total revenues	$	136,857		$	126,132

Segment profits:
Company-owned steakhouse restaurants	$	27,541		$	26,742
Franchise operations		5,269			4,730
Total segment profit		32,810			31,472

Unallocated operating income		1,426			1,409
Marketing and advertising expenses		(4,510	)		(4,915	)
General and administrative costs		(9,507	)		(9,241	)
Depreciation and amortization expenses		(6,543	)		(4,793	)
Pre-opening costs		(522	)		(881	)
Gain on lease modifications		869			—
Interest expense, net		(252	)		(324	)
Other income		6			28
Income before income tax expense	$	13,777		$	12,755

Capital expenditures:
Company-owned steakhouse restaurants	$	7,458		$	6,907
Corporate assets		803			3,143
Total capital expenditures	$	8,261		$	10,050

	*March 26,*		*December 25,*
	*2023*		*2022*
Total assets:
Company-owned steakhouse restaurants		450,486	$	453,650
Franchise operations		3,124		2,487
Corporate assets - unallocated		44,149		62,281
Deferred income taxes - unallocated		3,784		3,388
Total assets	$	501,543	$	521,806

Ruths Hospitality Group, Inc. 10-Q