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California Pizza Kitchen opened its first restaurant In Beverly Hills in 1 9 8 5 . Almost immediately after the first location opened, it expanded
California Pizza Kitchen opened its first restaurant In Beverly Hills in Almost immediately after the first location opened, it expanded from California to more than locations in more than states and countries. California Pizza Kitchen completed an initial public offering in August and traded on the NASDAQ National Market under the ticker symbol CPKI. On July Golden Gate Capital completed the acquisition of California Pizza Kitchen and, as a result of the acquisition, the companys common stock is no longer publicly traded. CALIFORNIA PIZZA KITCHEN, INC., AND SUBSIDIARIES Consolidated Statements of Operations Years ended January January and December amounts in thousands, except for per share data Revenues: Restaurant sales $ $ $ Royalties from licensing agreement Domestic franchise revenues International franchise revenues Total revenues Costs and expenses: Food, beverage and paper supplies Labor Direct operating and occupancy Cost of sales General and administrative Depreciation and amortization Preopening costs Loss on impairment of property and equipment Store closure costs Litigation, settlement and other costs Total costs and expenses Operating lossincome Interest expense, net Lossincome before income tax benefitprovision Income tax benefitprovision Net lossincome $ $ $ Net lossincome per common share: Basic $ $ $ Diluted $ $ $ Weighted average shares used in calculating net lossincome per common share: Basic Diluted CALIFORNIA PIZZA KITCHEN, INC., AND SUBSIDIARIES Consolidated Balance Sheets January and January in thousands, except for share data Assets Current assets: Cash and cash equivalents $ $ Other receivables Inventories Current deferred tax asset, net Prepaid rent Other prepaid expenses Total current assets Property and equipment, net Noncurrent deferred tax asset, net Goodwill Other intangibles, net Other assets Total assets $ $ Liabilities and stockholders equity Current liabilities: Accounts payable $ $ Accrued compensation and benefits Accrued rent Deferred rent credits Other accrued liabilities Gift card liability Store closure reserve Total current liabilities Longterm debt Other liabilities Deferred rent credits, net of current portion Income taxes payable, net of current portion Commitments and contingencies Stockholders equity: Common stock$ par value, shares authorized, and shares issued and outstanding at January
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California Pizza Kitchen opened its first restaurant In Beverly Hills in Almost immediately after the first location opened, it expanded from California to more than locations in more than states and countries. California Pizza Kitchen completed an initial public offering in August and traded on the NASDAQ National Market under the ticker symbol CPKI. On July Golden Gate Capital completed the acquisition of California Pizza Kitchen and, as a result of the acquisition, the companys common stock is no longer publicly traded.
CALIFORNIA PIZZA KITCHEN, INC., AND SUBSIDIARIES
Consolidated Statements of Operations
Years ended January January and December
amounts in thousands, except for per share data
Revenues:
Restaurant sales $ $ $
Royalties from licensing agreement
Domestic franchise revenues
International franchise revenues
Total revenues
Costs and expenses:
Food, beverage and paper supplies
Labor
Direct operating and occupancy
Cost of sales
General and administrative
Depreciation and amortization
Preopening costs
Loss on impairment of property and equipment
Store closure costs
Litigation, settlement and other costs
Total costs and expenses
Operating lossincome
Interest expense, net
Lossincome before income tax benefitprovision
Income tax benefitprovision
Net lossincome $ $ $
Net lossincome per common share:
Basic $ $ $
Diluted $ $ $
Weighted average shares used in
calculating net lossincome per common share:
Basic
Diluted
CALIFORNIA PIZZA KITCHEN, INC., AND SUBSIDIARIES
Consolidated Balance Sheets
January and January
in thousands, except for share data
Assets
Current assets:
Cash and cash equivalents $ $
Other receivables
Inventories
Current deferred tax asset, net
Prepaid rent
Other prepaid expenses
Total current assets
Property and equipment, net
Noncurrent deferred tax asset, net
Goodwill
Other intangibles, net
Other assets
Total assets $ $
Liabilities and stockholders equity
Current liabilities:
Accounts payable $ $
Accrued compensation and benefits
Accrued rent
Deferred rent credits
Other accrued liabilities
Gift card liability
Store closure reserve
Total current liabilities
Longterm debt
Other liabilities
Deferred rent credits, net of current portion
Income taxes payable, net of current portion
Commitments and contingencies
Stockholders equity:
Common stock$ par value, shares
authorized, and shares
issued and outstanding at January
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