Which company has a better profit margin ratio? (1 pts). Why is this important to you?

Texas Roadhouse, Inc. and Subsidiaries Consolidated Statements of Income and Comprehensive Income (in thousands, except per share data) Fiscal Year Ended December 31, December 25, December 26, 2019 2018 2017 Revenue: Restaurant and other sales.. $ 2,734,177 $ 2,437,115 $ 2,203,017 Franchise royalties and fees 21.986 20.334 16,514 Total revenue 2.756,163 2,457,449 2,219,531 Costs and expenses: Restaurant operating costs (excluding depreciation and amortization shown separately below): Cost of sales. 883,357 795,300 721,550 Labor. 905,614 793,384 687545 Rent. 52,531 48,791 44,807 Other operating 418.448 375,477 342,702 Pre-opening 20.156 19,051 19,274 Depreciation and amortization 115,544 101,216 93,499 Impairment and closure, net (899) 278 654 General and administrative 149,389 136,163 123,294 Total costs and expenses... 2,544,140 2,269,660 2,033,325 Income from operations 212.023 187,789 186,206 Interest income (expense), net 1,514 (591) (1,577) Equity income from investments in unconsolidated affiliates, 378 1,353 1,488 Income before taxes 213.915 188,551 186,117 Provision for income taxes 32.397 24,257 48,581 Net income including noncontrolling interests. 181,518 164.294 137,536 Less: Net income attributable to noncontrolling interests 7.066 6,069 6,010 Net income attributable to Texas Roadhouse, Inc. and subsidiaries 174.452 $ 158,225 $ 131,526 Other comprehensive income (loss), net of tax: Foreign currency translation adjustment, net of tax of ($1), 853 and ($97), respectively.... (189) 155 Total comprehensive income $ 174,455 $ 158,036 $ 131,681 Net income per common share attributable to Texas Roadhouse, Inc, and subsidiaries: Basic 2.47 S 2.21 $ 1.85 Diluted. $ 2.46 S 2.20 $ 1.84 Weighted average shares outstanding: Basic 70,509 71,467 70,989 Diluted... 70,916 71.964 71,527 Cash dividends declared per share, 1.20 S 1.00 $ 0.84 Texas Roadhouse, Inc. and Subsidiaries Consolidated Balance Sheets (in thousands, except share and per share data) December 31, 2019 December 25, 2018 $ 107,879 $ 210,125 99,305 20,267 2,015 18,433 247,899 92,114 18,827 7,569 16,384 345,019 956,676 1,056,563 499,801 124,748 123,220 1,234 53,320 1.983,565 S 1,959 42,402 1.469,276 $ Assets Current assets: Cash and cash equivalents Receivables, net of allowance for doubtful accounts of $12 at December 31, 2019 and $34 at December 25, 2018 Inventories, net Prepaid income taxes, Prepaid expenses Total current assets Property and equipment, net of accumulated depreciation of $678,988 at December 31, 2019 and $602,451 at December 25, 2018 Operating lease right-of-use asset, net... Goodwill Intangible assets, net of accumulated amortization of $14,141 at December 31, 2019 and $13,416 at December 25, 2018 Other assets Total assets. Liabilities and Stockholders' Equity Current liabilities: Current portion of operating lease liabilities Accounts payable... Deferred revenue-gift cards. Accrued wages Accrued taxes and licenses Dividends payable Other accrued liabilities. Total current liabilities Operating lease liabilities, net of current portion Restricted stock and other deposits Deferred rent Deferred tax liabilities, net, Other liabilities Total liabilities Texas Roadhouse, Inc. and subsidiaries stockholders' equity: Preferred stock (S0,001 par value, 1,000,000 shares authorized; no shares issued or outstanding) Common stock (90,001 par value, 100,000,000 shares authorized, 69,400,252 and 71,617,510 shares issued and outstanding at December 31, 2019 and December 25, 2018, respectively). Additional paid-in-capital Retained earnings Accumulated other comprehensive loss Total Texas Roadhouse, Inc. and subsidiaries stockholders' equity, Noncontrolling interests. Total equity.. Total liabilities and equity 17,263 $ 61,653 209.258 39,699 30,433 62,060 192.242 34,159 24,631 17,904 54,146 385,142 58,914 417,220 538,710 8,249 22.695 65,522 1,052,396 7,703 48,079 17,268 50,376 508,568 69 140,501 775,649 (225) 915,994 15,175 931,169 1,983,565 $ 72 257,388 688,337 (228) 945,569 15,139 960,708 1.469,276 to Consolidated Financial Statements BBQ HOLDINGS, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share data) Year Ended December 29, 2019 December 30, 2018 $ $ Revenue: Restaurant sales, net Franchise royalty and fee revenue Franchisee national advertising fund contributions Licensing and other revenue Total revenue 67,278 12,126 1,616 1,249 82,269 38,051 13,871 1,932 1,034 54,888 21,541 24,565 21,269 2,231 10,992 1,616 1,296 460 (74) 83,896 11,973 13,663 11,932 1,264 7,988 1,932 145 29 48,926 Costs and expenses: Food and beverage costs Labor and benefits costs Operating expenses Depreciation and amortization expenses General and administrative expenses National advertising fund expenses Asset impairment, estimated lease termination charges and other closing costs, net Pre-opening expenses (Gain) loss on disposal of property and bargain purchases, net Total costs and expenses (Loss) income from operations Other income (expense): Interest expense Interest income Total other expense (Loss) income before income taxes Income tax benefit (expense) Net (loss) income Less: Net loss attributable to non-controlling interest Net (loss) income attributable to shareholders (1,627) 5,962 (494) 215 (279) (493) 122 (371) (1,906) 5,591 659 (729) 4,862 (1,247) 598 (649) 4,862 $ Basic net (loss) income per share attributable to shareholders Diluted net (loss) income per share attributable to shareholders Weighted average shares outstanding - basic Weighted average shares outstanding - diluted (0.07) (0.07 9,099 9,099 0.57 0.56 8,599 8,624 December 29, 2019 5,325 761 December 30, 2018 11,598 842 BBQ HOLDINGS, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (in thousands, except per share data) ASSETS Current assets: Cash and cash equivalents Restricted cash Accounts receivable, net of allowance for doubtful accounts of $132,000 and $192,000, respectively Inventories Prepaid income taxes and income taxes receivable Prepaid expenses and other current assets Assets held for sale Total current assets Property, equipment and leasehold improvements, net 4,379 1,346 264 1,356 2,842 16,273 4,300 722 377 1,363 19,202 19,756 10,385 Other assets: Operating lease right-of-use assets Goodwill Intangible assets, net Deferred tax asset, net Other assets 25,962 640 2,213 6,646 1,591 73,081 61 1,428 5,747 1,533 38,356 $ $ $ $ 3,765 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Accounts payable Current portion of lease liabilities Current portion of long-term debt and financing lease obligations Accrued compensation and benefits Other current liabilities Total current liabilities Long-term liabilities: Lease liabilities, less current portion Long-term debt, less current portion Other liabilities Total liabilities 3,967 4,230 616 2,694 4,975 16,482 1,369 808 2,970 8,912 26,957 6,258 1,610 51,307 2,411 4,492 15,815 93 Shareholders' equity: Common stock, $.01 par value, 100,000 shares authorized, 9,272 and 9,085 shares issued and outstanding at December 29, 2019 and December 30, 2018, respectively Additional paid-in capital Retained earnings Total shareholders' equity Non-controlling interest Total equity 91 7,375 15,075 22,541 7,856 14,423 22,372 (598 21,774 73,081 22,541 38,356 $