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Looking at Chipotles 2017 Income & Balance sheet, Which sections will be effected if Chipotle decided to retrain their staff on proper cooking methods to
Looking at Chipotles 2017 Income & Balance sheet,
Which sections will be effected if Chipotle decided to retrain their staff on proper cooking methods to prevent E.coli?
ITEM 6. SELECTED FINANCIAL DATA Our selected consolidated financial data shown below should be read together with Item 7. "Management's Discussion and Analysis of Financial Condition and Results of Operations" and our consolidated financial statements and respective notes included in item 8"Financial Statements and Supplementary Data." The data shown below are not necessarily indicative of results to be expected for any future period (dollar and share amounts in thousands, except per share data) Year ended December 31, 2017 2015 2013 Statement of Income: Revenue Food, beverage and packaging costs Labor costs Occupancy costs Other operating costs General and administrative expenses Depreciation and amortization Pre-opening costs Loss on disposal of assets Total operating expenses Income from operations Interest and other income, net Income before income taxes Provision for income taxes Net income Earnings per share $4,476,412 $3,904,384 $ 4,501,223 $4,108,269 $3,214,591 1,535,428 1,365,580 1,503,835 1,420,994 1,073,514 739,800 199,107 434,244 347,401 296,388 276,240 250,214 273,897203,733 96,054 15,511 1,205,992 1,105,0011,045,726 904,407 36 262,412 230,868 327,132 651,644 293,6 641,953 514,963 12,341 13,345 146,368 130,368 16,922 13,194 17,162 23,877 110,474 15,609 6,976 4,205,618 3,869,817 3,737,634 3,397,469 2,681,871 270,794 4,949 275,743 (99,490) $ 176,253 763,589 710,800 532,720 38,739 769,867 714,303 534,47 22,938 $ 475,602 $445,374 $ 327,438 34,567 6,278 3,503 (15,801) (294,265) (268,929) (207,033) 15.30 14.35 10.58 Diluted $ 6.17 $ 0.77 $ 15.10$14.13 $ 10.47 Weighted average common shares outstanding 28,491 28,561 29,265 31,092 31,494 31,038 30,957 Diluted December 31, 2017 2016 2015 2014 2013 Balance Sheet Data: Total current assets Total assets Total current liabilities Total liabilities Total shareholders' equit 629,535 $ 522,374 $ 814,647 $859,511 $ 653,095 $2,045,692 $2,026,103 $2,725,066 $2,527,317 $1,996,068 323,893 281,793 $ 279,942 245,710 $ 681,247 $ 623,610 $ 597,092 $ 514,948 $ 457,780 364,445 $1,402,493 $ 2,127,974$2,012,369 $1,538,288 CHIPOTLE MEXICAN GRILL, INC. CONSOLIDATED BALANCE SHEET (in thousands, except per share data) December 31, 2017 2016 Assets Current assets: Cash and cash equivalents S 184,569 87,880 Accounts receivable, net of allowance for doubtful accounts of $O and $259 as of 40,453 19,860 50,918 9,353 324,382 629,535 December 31, 2017 and 2016, respectively 40,451 15,019 44,080 5,108 329,836 522,374 1,338,366 1,303,558 125,055 Inventory Prepaid expenses and other current assets Income tax receivable Investments Total current assets Leasehold improvements, property and equipment, net Long term investments Other assets Goodwill Total assets Liabilities and shareholders' equity Current liabilities: 55,852 21,939 53 21,939 $2,045,692 $ 2,026,103 $ 82,028$78,363 01 127,129 281,793 288,927 18,944 33,946 623,610 Accounts payable Accrued payroll and benefits Accrued liabilities Total current liabilities Deferred rent Deferred income tax liability Other liabilities Total liabilities Shareholders' equity: 82,541 159,324 323,893 316,498 814 40,042 681,247 Preferred stock, $O.01 par value, 600,000 shares authorized, no shares issued as of December 31, 2017 and 2016, respectivel Common stock $0.01 par value, 230,000 shares authorized, and 35,852 and 35,833 shares issued as of December 31, 2017 and 2016, respectively Additional paid-in capital Treasury stock, at cost, 7,826 and 7,019 common shares at December 31, 2017 and 2016, respectively Accumulated other comprehensive income (loss) Retained earnings 359 358 1,305,090 1,238,875 (2,334,409) (2,049,389) (8,162 2,220,811 1,364,445 1,402,493 $2,045,692 $ 2,026,103 659) 2,397,064 Total shareholders' equit Total liabilities and shareholders' equitStep by Step Solution
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