Pasta & More
Income Statement
	For Fiscal Year Ended
(in thousands)	12/31/2020		12/31/2019
Revenues:
Restaurant Revenue			$ 297,264
Franchise Royalties and Fees			3,146
Total revenue			300,410
Costs and expenses:
Cost of Sales			78,997
Restaurant Labor			104,040
General & Administrative Expenses			80,179
Pre-opening Expenses			3,145
Depreciation Expense			17,997
Total costs and expenses			284,358
Operating income			16,052
Interest expense			7,674
Income before income taxes			8,378
Income tax expense			3,215
Net income			$ 5,163