Segment Reporting | Segment Reporting We operate the Double Eagle, Barcelona, bartaco, and Grille brands as operating segments. The restaurant concepts operate solely in the U.S. within the full-service dining industry, providing similar products to similar customers. Sales from external customers are derived principally from food and beverage sales, and we do not rely on any major customers as a source of sales. The restaurant concepts also possess similar economic characteristics, resulting in similar long-term expected financial performance characteristics. However, Double Eagle restaurants typically have higher revenues, driven by their larger physical presence and higher average check. The Double Eagle, Barcelona, bartaco, and Grille operating segments have varying operating income and restaurant-level EBITDA margins due to the leveraging of higher revenues on certain fixed operating costs such as management labor, rent, utilities, and building maintenance. The following tables present information about reportable segments: 13 Weeks Ended June 25, 2019 (Amounts in thousands) Double Eagle Barcelona bartaco Grille Corporate Consolidated Revenues $ 49,423 $ 21,096 $ 28,227 $ 32,941 $ — $ 131,687 Restaurant-level EBITDA 11,505 5,208 6,901 4,679 — 28,293 Capital expenditures 4,420 2,583 4,942 1,408 91 13,444 Property and equipment, gross 160,746 41,459 59,646 132,785 4,199 398,835 13 Weeks Ended June 26, 2018 (Amounts in thousands) Double Eagle Barcelona bartaco Grille Corporate Consolidated Revenues $ 43,471 $ — $ — $ 32,247 $ — $ 75,718 Restaurant-level EBITDA 11,130 — — 5,048 — 16,178 Capital expenditures 18,420 — — 6,171 106 24,697 Property and equipment, gross 134,631 — — 122,909 5,324 262,864 26 Weeks Ended June 25, 2019 (Amounts in thousands) Double Eagle Barcelona bartaco Grille Corporate Consolidated Revenues $ 99,398 $ 38,287 $ 49,109 $ 65,274 $ — $ 252,068 Restaurant-level EBITDA 21,930 8,675 11,317 9,070 — 50,992 Capital expenditures 7,512 4,409 9,781 2,411 528 24,641 Property and equipment, gross 160,746 41,459 59,646 132,785 4,199 398,835 26 Weeks Ended June 26, 2018 (Amounts in thousands) Double Eagle Barcelona bartaco Grille Corporate Consolidated Revenues $ 87,425 $ — $ — $ 61,639 $ — $ 149,064 Restaurant-level EBITDA 22,176 — — 8,380 — 30,556 Capital expenditures 28,206 — — 8,154 (249 ) 36,111 Property and equipment, gross 134,631 — — 122,909 5,324 262,864 In addition to using consolidated results in evaluating our performance and allocating our resources, our chief operating decision maker uses restaurant-level EBITDA, which is not a measure defined by GAAP at both the segment and consolidated level. At the consolidated level, this non-GAAP operating measure is useful to both management and investors because it represents one means of gauging the overall profitability of our recurring and controllable core restaurant operations. This measure is not, however, indicative of our overall results, nor does restaurant-level profit accrue directly to the benefit of stockholders, primarily due to the exclusion of corporate-level expenses. Restaurant-level EBITDA on a consolidated basis should not be considered a substitute for, or superior to, operating income loss, which is calculated in accordance with GAAP, and the reconciliations to operating income set forth below should be carefully evaluated. We define restaurant-level EBITDA as operating income before pre-opening costs, general and administrative costs, donations, consulting project costs, acquisition costs, reorganization severance costs, lease termination and closing costs and depreciation and amortization. Pre-opening costs are excluded because they vary in timing and magnitude and are not related to the health of ongoing operations. General and administrative costs are only included in our consolidated financial results as they are generally not specifically identifiable to individual operating segments as these costs relate to supporting all of our restaurant operations and the extension of our concepts into new markets. Donations, consulting project costs, acquisition costs and reorganization severance costs are excluded because they are not related to the health of ongoing operations. Lease termination and closing costs and depreciation and amortization are excluded because they are not ongoing controllable cash expenses, and they are not related to the health of ongoing operations. Property and equipment is the only balance sheet measure used by our chief operating decision maker in allocating resources. The following table reconciles operating income (loss) to restaurant-level EBITDA: 13 Weeks Ended 26 Weeks Ended (Amounts in thousands) June 25, 2019 June 26, 2018 June 25, 2019 June 26, 2018 Operating income (loss) $ (608 ) $ (3,014 ) $ (12,422 ) $ (2,705 ) Pre-opening costs 1,301 1,403 4,050 2,549 General and administrative costs 17,117 7,988 33,489 15,778 Donations 163 16 195 58 Consulting project costs 3,450 621 7,954 854 Acquisition costs — 4,338 — 4,946 Reorganization severance 480 — 777 113 Lease termination and closing costs (1,754 ) 589 1,154 591 Depreciation and amortization 8,144 4,237 15,795 8,372 Restaurant-level EBITDA $ 28,293 $ 16,178 $ 50,992 $ 30,556 |