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Exhibits 1 and 2 in the case provide performance information for Jamba Juice for the years 2014 through 2016. For each item listed below, calculate
Exhibits 1 and 2 in the case provide performance information for Jamba Juice for the years 2014 through 2016. For each item listed below, calculate the rate of annual growth (or decline) from 2014 to 2015 and for 2015 to 2016. All calculations should be rounded to one decimal (e.g., 12.7%).
I need help finding the operating income %. I know that the other calculations are correct.
Here are the charts provided to help find these percentages.
2015-2016 (2.26) % (9.34) % 2014-2015 (25.85) % (35.41) % Total Revenue Cost of Sales Operating Income Current Assets Current Liabilities Total Liabilities Total Stockholder's Equity (28.16) % 5.87% (13.35) % (44.50) % (36.17)% (15.96) % (14.68) % (70.19) % JAMBA, INC. CONSOLIDATED BALANCE SHEETS December 29, 2016 7,099 55,997 December 29, 2015 8,990 64,625 December 30, 2011 9,544 75.744 (Dollars in thousands, except share and per share amounts) Deterred rent and other long-term liabilities Total liabilities Commitments and contingencies (Notes 8 and 17) Stockholders' equity: Common stock, $.001 par value, 30,000,000 shares authorized; 17,938,820 and 17,478,616 shares issued, respectively Additional paid-in capital Treasury shares, at cost, 1,948,004 and 910,813, respectively Accumulated deficit Total equity attributable to Jamba, Inc. Noncontrolling interest Total stockholders' equity Total liabilities and stockholders' equity 16 401,346 (35,749) (362,843) 2,770 403,605 (40,009) (358,623) 4,991 396,629 (11,991) (368,041) 16,614 131 16,745 $ 92,489 2,770 $58,767 4,991 $69,616 JAMBA, INC. CONSOLIDATED BALANCE SHEETS December 29, (Dollars in thousands, except share and per share amounts) December 29, December 30, Assets Current assets: $ 11,900 13,451 750 195 1,458 $ 19,730 16,932 818 356 1,682 4,495 Cash and cash equivalents Receivables, net of allowances of $618 and $280 Inventories Prepaid and refundable taxes Prepaid rent Assets held for sale Prepaid expenses and other current assets Total current assets Property, fixtures and equipment, net Goodwill Trademarks and other intangible assets, net Notes receivable and other long-term assets Total assets Liabilities and stockholders' equity Current liabilities: Accounts payable Accrued compensation and benefits 3,865 31,619 20,400 1,260 1,675 3,813 58,767 $ 17,750 16,977 2,300 474 504 22,845 8,105 68,955 17,988 945 2,360 2,241 $ 92,489 44,013 18,744 1,184 1,464 4,211 $ 69,616 $ $ $ $ Workers' compensation and health insurance reserves 4,225 3,554 1,268 24,184 15,667 58,898 3,815 3,788 633 29,306 18,093 55,635 3,926 6,325 1,311 38,184 16,454 66,200 Accrued jambacard liability Other current liabilities Total current liabilities (Dollars in thousands, except share and per share amounts) December 29, 2016 December 29, 2015 December 30, 2014 Revenue: Company stores $134,285 $198,737 19,311 Franchise and other revenue $137,025 24,651 161,676 23,739 158,024 218,048 Tolal revenue Costs and operating expenses (income): Cost of sales Labor 33,737 52,236 30,586 41,484 44,732 18,951 61,749 27,630 Occupancy 16,855 22,882 25,152 33,089 5,925 10,084 37,278 Store operating Depreciation and amortization General and administrative Gain on disposal of assets Store pre-opening Impairment of long-lived assets Store lease termination and closure Other operating, net 36,347 (2,785) 924 345 6,569 36,872 (21,609) 1,031 2,523 1,669 (2,957) 763 175 575 726 221,348 1,283 1,143 154,989 Total costs, operating expenses, and gain 1,795 151,422 10,254 Income (loss) from operations 3.035 (3,300) Other income (expense): Interest income 137 74 Interest expense Total other expense net 140 (235) 1951 (220) 183) (195) (121) (2,957) 763 Gain on disposal of assets Store pre-opening Impairment of long-lived assets Store lease termination and closure (2,785) 924 345 1,283 (21,609) 1,031 2,523 1,669 1,795 151,422 10,254 175 575 726 221,348 Other operating, net Total costs, operating expenses, and gain Income (loss) from operations Other income (expense): Interest income 1,143 154,989 3,035 (3,300) 140 137 74 Interest expense (235) (220) (195) Total other expense, net Income (loss) before income taxes (95) 2,940 (83) 10,171 (121) (3,421) (203) (701) 9,470 (168) (3,589) 2,737 Income tax expense Net income (loss) Redeemable preferred stock dividends and deemed dividends Less: Net income attributable to noncontrolling interest Net income (loss) attributable to Jamba, Inc. 48 $ 2,689 $ 9,418 $ (3,632)
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