California Pizza Kitchen opened its first restaurant In Beverly Hills in 1985. Almost immediately after the first location opened, it expanded from California to more than 250 locations in more than 30 states and 11 countries. California Pizza Kitchen completed an initial public offering in August 2000 and traded on the NASDAQ National Market under the ticker symbol CPKI. On July 7, 2011, 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 2, 2011, January 3, 2010, and December 28, 2008 (amounts in thousands, except for per share data) 2010 2009 2008 Revenues: Restaurant sales $ 638,886 $ 660,225 $ 677,896 Royalties from licensing agreement 6,522 8,139 6,980 Domestic franchise revenues 3,620 3,204 3,277 International franchise revenues 2,523 2,198 2,241 Total revenues 651,551 673,766 690,394 Costs and expenses: Food, beverage and paper supplies 149,972 155,421 166,766 Labor 240,053 248,670 248,596 Direct operating and occupancy 146,820 143,189 141,583 Cost of sales 536,845 547,280 556,945 General and administrative 52,531 52,591 53,442 Depreciation and amortization 38,246 41,421 41,539 Pre-opening costs 3,389 1,963 4,598 Loss on impairment of property and equipment 18,939 23,141 13,536 Store closure costs 1,836 667 1,161 Litigation, settlement and other costs 8,799 1,649 776 Total costs and expenses 660,585 668,712 671,997 Operating (loss)/income (9,034) 5,054 18,397 Interest expense, net (19) (908) (1,444) (Loss)/income before income tax (benefit)/provision (9,053) 4,146 16,953 Income tax (benefit)/provision (7,855) (2,195) 3,730 Net (loss)/income $ (1,198) $ 6,341 $ 13,223 Net (loss)/income per common share: Basic $ (0.05) $ 0.25 $ 0.37 Diluted $ (0.05) $ 0.25 $ 0.37 Weighted average shares used in calculating net (loss)/income per common share: Basic 24.608 24.184 25.313 Diluted 24.608 24.263 25.331 CALIFORNIA PIZZA KITCHEN, INC., AND SUBSIDIARIES Consolidated Balance Sheets January 2, 2011, and January 3 2010 (in thousands, except for share data) 2010 2009 Assets Current assets: Cash and cash equivalents $ 37,230 $ 37,424 Other receivables 16,114 17,061 Inventories 7,707 7,437 Current deferred tax asset, net 9,225 8,076 Prepaid rent 431 6,837 Other prepaid expenses 6,158 3,271 Total current assets 76,865 80,106 Property and equipment, net 269,886 278,256 Noncurrent deferred tax asset, net 23,189 26,099 Goodwill 6,502 6,502 Other intangibles, net 6,085 5,962 Other assets 9,393 7,989 Total assets $ 391,920 $ 404,914 Liabilities and stockholders equity Current liabilities: Accounts payable $ 22,395 $ 13,383 Accrued compensation and benefits 24,601 24,529 Accrued rent 24,712 21,175 Deferred rent credits 6,018 5,705 Other accrued liabilities 28,090 25,315 Gift card liability 19,777 25,840 Store closure reserve 70 766 Total current liabilities 125,663 116,713 Long-term debt --- 23,100 Other liabilities 18,078 12,936 Deferred rent credits, net of current portion 34,441 33,742 Income taxes payable, net of current portion 519 10,365 Commitments and contingencies - - Stockholders equity: Common stock$0.01 par value, 80,000,000 shares authorized, 25,379,797 and 24,995,800 shares issued and outstanding at January 2, 2011, and January 3, 2010, respectively 254 250 Additional paid-in capital 187,563 182,000 Retained earnings 25,402 25,808 Total stockholders equity 213,219 208,058 Total liabilities and stockholders equity $ 391,920 $ 404,914 Compute the following ratios using information from the company annual report that was issued before California Pizza Kitchen was acquired. (Round your answers to 2 decimal places. Enter percentage answers rounded to 2 decimal places (i.e. 0.1234 should be entered as 12.34). Negative amounts should be indicated by a minus sign.)