FoodFirst Global Restaurants (BBRG) 10-Q 2 Nov 17 2017 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 24, 2017	Nov. 01, 2017
Document And Entity Information [Abstract]
Entity Registrant Name	Bravo Brio Restaurant Group, Inc.
Trading Symbol	BBRG
Entity Central Index Key	1,495,479
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Document Type	10-Q
Document Period End Date	Sep. 24, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding		15,204,654

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 24, 2017	Dec. 25, 2016
Current assets
Cash and cash equivalents	$ 387	$ 444
Accounts receivable	5,780	9,587
Tenant improvement allowance receivable	116	799
Inventories	2,636	3,114
Prepaid expenses and other current assets	1,903	3,339
Total current assets	10,822	17,283
Property and equipment — net	137,178	145,120
Other assets — net	4,147	4,359
Total assets	152,147	166,762
Current liabilities
Trade and construction payables	16,770	15,514
Accrued expenses	23,600	27,351
Debt, Current	8,500	4,000
Deferred lease incentives	7,270	7,334
Deferred gift card revenue	11,270	18,618
Total current liabilities	67,410	72,817
Deferred lease incentives	48,252	54,459
Long-term debt	34,900	37,500
Other long-term liabilities	22,367	23,516
Commitments and contingencies (Note 6)
Shareholders’ deficiency in assets
Common shares, no par value per share— authorized 100,000,000 shares; 21,178,105 shares issued at September 24, 2017 and 21,069,454 shares issued at December 25, 2016	203,285	202,561
Preferred shares, no par value per share— authorized 5,000,000 shares; issued and outstanding, 0 shares at September 24, 2017 and December 25, 2016	0	0
Treasury shares, 5,977,860 shares at September 24, 2017 and December 25, 2016	(81,019)	(81,019)
Retained deficit	(143,048)	(143,072)
Total shareholders’ deficiency in assets	(20,782)	(21,530)
Total liabilities and shareholders’ deficiency in assets	$ 152,147	$ 166,762

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Sep. 24, 2017	Dec. 25, 2016
Common shares, par value	$ 0	$ 0
Common shares, share authorized	100,000,000	100,000,000
Common shares, share issued	21,178,105	21,069,454
Preferred shares, par value	$ 0	$ 0
Preferred shares, shares authorized	5,000,000	5,000,000
Preferred shares, shares issued	0	0
Preferred shares, shares outstanding	0	0
Treasury shares, shares	5,977,860	5,977,860

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 24, 2017	Sep. 25, 2016	Sep. 24, 2017	Sep. 25, 2016
Revenues	$ 88,731	$ 94,588	$ 298,491	$ 308,601
Costs and expenses
Cost of sales	22,713	25,265	77,201	80,507
Labor	34,339	36,938	111,876	115,954
Operating	15,699	16,432	49,484	51,626
Occupancy	7,132	8,036	22,888	23,622
General and administrative expenses	5,267	6,896	19,313	20,141
Restaurant preopening costs	270	107	420	621
Asset Impairment Charges	0	0	0	1,249
Depreciation and amortization	5,148	5,600	15,405	16,680
Total costs and expenses	90,568	99,274	296,587	310,400
(Loss) income from operations	(1,837)	(4,686)	1,904	(1,799)
Interest expense, net	677	406	1,717	1,098
(Loss) income before income taxes	(2,514)	(5,092)	187	(2,897)
Income tax (benefit) expense	(42)	(2,107)	163	(1,506)
Net (loss) income	$ (2,472)	$ (2,985)	$ 24	$ (1,391)
Net (loss) income per basic share	$ (0.16)	$ (0.20)	$ 0	$ (0.09)
Net (loss) income per diluted share	$ (0.16)	$ (0.20)	$ 0	$ (0.09)
Weighted average shares outstanding-basic	15,197,000	14,582,000	15,162,000	14,648,000
Weighted average shares outstanding-diluted	15,197,000	14,582,000	15,190,000	14,648,000

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - 9 months ended Sep. 24, 2017 - USD ($) $ in Thousands	Total	Common Shares	Retained Deficit	Treasury Stock
Beginning balance (in shares) at Dec. 25, 2016		21,069,454		(5,977,860)
Beginning balance at Dec. 25, 2016	$ (21,530)	$ 202,561	$ (143,072)	$ (81,019)
Net (loss) income	24		24
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	748	$ 748
Proceeds from the exercise of stock options, shares		13,228
Proceeds from the exercise of stock options	19	$ 19
Issuance of shares of restricted stock (in shares)		104,873
Issuance of shares of restricted stock	0	$ 0
Shares Paid for Tax Withholding for Share Based Compensation		9,450
Payments Related to Tax Withholding for Share-based Compensation	43	$ 43
Ending balance (in shares) at Sep. 24, 2017		21,178,105		(5,977,860)
Ending balance at Sep. 24, 2017	$ (20,782)	$ 203,285	$ (143,048)	$ (81,019)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 24, 2017	Sep. 25, 2016
Cash flows from operating activities:
Net (loss) income	$ 24	$ (1,391)
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	15,581	16,744
Loss on disposals of property and equipment	445	695
Write Off of Unamortized Loan Origination Fees	69	0
Asset Impairment Charges	0	1,249
Amortization of deferred lease incentives	(5,942)	(6,026)
Share-based Compensation	748	864
Deferred income taxes	0	(1,506)
Changes in assets and liabilities:
Accounts and tenant improvement allowance receivables	4,490	2,521
Inventories	478	451
Prepaid expenses and other current assets	1,596	806
Trade and construction payables	1,257	(1,994)
Deferred lease incentives	(329)	2,054
Deferred gift card revenue	(7,348)	(3,581)
Other accrued expenses	(3,751)	(3,668)
Other — net	(1,100)	(147)
Net cash provided by operating activities	6,218	7,071
Cash flows from investing activities:
Purchase of property and equipment	(7,887)	(11,629)
Net cash used in investing activities	(7,887)	(11,629)
Cash flows from financing activities:
Proceeds from Issuance of Debt	463,900	489,100
Payments on long-term debt	(462,000)	(481,400)
Proceeds from the exercise of stock options	19	445
Shares withheld from restricted stock vesting for minimum tax withholdings	(43)	(185)
Repurchase of treasury shares	0	(3,461)
Payments of Loan Costs	(264)	0
Net cash provided by financing activities	1,612	4,499
Net decrease in cash and cash equivalents	(57)	(59)
Cash and cash equivalents — beginning of period	444	447
Cash and cash equivalents — end of period	387	388
Supplemental disclosures of cash flow information:
Interest paid	1,515	925
Income taxes (received) paid	(1,128)	458
Property financed by trade and construction payables	$ 616	$ 880

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Sep. 24, 2017
Accounting Policies [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION Description of Business — As of September 24, 2017 , Bravo Brio Restaurant Group, Inc. (the “Company”) operated 113 restaurants under the trade names “Bravo! Cucina Italiana ® ,” “Brio Tuscan Grille ™ ,” and “Bon Vie ® .” Of the 113 restaurants the Company operates, there are 49 Bravo! Cucina Italiana ® restaurants, 63 Brio Tuscan Grille ™ restaurants and one Bon Vie ® restaurant in operation in 32 states throughout the United States of America. The Company owns all of its restaurants with the exception of one Brio Tuscan Grille ™ restaurant, which it operates under a management agreement and for which operation it receives a management fee. Additionally, one Brio Tuscan Grille ™ restaurant is operated under a franchise agreement. The accompanying unaudited consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information. Accordingly, they do not include all the information and disclosures required by GAAP for complete financial statements. The operating results included herein are not necessarily indicative of results for any other interim period or for the full fiscal year. The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The Company bases its estimates on historical experience and on various assumptions that are believed to be reasonable under the circumstances at the time. Actual amounts may differ from those estimates. Certain information and disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to applicable rules and regulations of the Securities and Exchange Commission (“SEC”). In the opinion of management, the unaudited consolidated financial statements include all adjustments, consisting of normal recurring adjustments, considered necessary for a fair presentation. These unaudited consolidated financial statements and related condensed notes should be read in conjunction with the consolidated financial statements and notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 25, 2016 filed with the SEC on March 6, 2017 (the “ 2016 Annual Report on Form 10-K”). Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers (Topic 606) . This ASU provides a comprehensive new revenue recognition model that requires a company to recognize revenue to depict the transfer of goods or services to a customer at an amount that reflects the consideration it expects to receive in exchange for those goods or services. Additionally, this guidance expands related disclosure requirements. The FASB later issued ASU No. 2016-08, Revenue from Contracts with Customers (Topic 606) - Principal versus Agent Considerations , in March 2016, ASU No. 2016-10, Revenue from Contracts with Customers (Topic 606) - Identifying Performance Obligations and Licensing , in April 2016, ASU 2016-12, Revenue from Contracts with Customers (Topic 606) - Narrow-Scope Improvements and Practical Expedients , in May 2016, and ASU 2016-20, Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers , in December 2016, all of which further clarified aspects of Topic 606. The pronouncement is effective for annual and interim reporting periods beginning after December 15, 2017 and the amendments have the same effective date and transition requirements as the revenue standard. Early adoption is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. This ASU permits the use of either the retrospective or cumulative effect transition method. The Company is currently evaluating the overall impact this ASU will have on its consolidated financial statements. While the Company continues to assess all potential impacts of this ASU, it currently believes the most significant impact relates to accounting for unredeemed gift cards (breakage). Under this ASU, the Company expects to recognize breakage proportional to actual gift card redemptions. The Company plans to adopt this ASU in fiscal 2018, using the modified retrospective method. Under this method, the Company expects to record a cumulative adjustment to retained earnings related to the impacts of applying the new ASU. Additionally, this ASU requires enhanced disclosures, including significant judgments in measurement and recognition. The Company is continuing its assessment, which may identify other impacts. In July 2015, the FASB issued ASU 2015-11, Inventory: Simplifying the Measurement of Inventory (Topic 330) . This ASU provides guidance on the subsequent measurement of inventory, which changes the measurement from lower of cost or market to lower of cost and net realizable value. This ASU defines net realizable value as the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation and is effective for annual and interim periods beginning after December 15, 2016. The Company adopted this ASU during the thirteen weeks ended March 26, 2017. The adoption of this ASU did not have a material impact on the Company's consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) . This ASU requires organizations to recognize lease assets and lease liabilities on the balance sheet and also disclose key information about leasing arrangements. This ASU is effective for annual reporting periods beginning on or after December 15, 2018, and interim periods within those annual periods. Earlier application is permitted for all entities as of the beginning of an interim or annual period. As of September 24, 2017 , the Company has not adopted this ASU. The Company has not completed the process of evaluating the impact that will result from adopting this ASU and is therefore unable to disclose the impact that adopting this ASU will have on its financial position, results of operations, and cash flows. In March 2016, the FASB issued ASU 2016-09, Compensation - Stock Compensation (Topic 718) . This ASU is intended to simplify several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. This ASU is effective for annual reporting periods beginning on or after December 15, 2016, and interim periods within those annual periods. The Company adopted this ASU during the thirteen weeks ended March 26, 2017. The adoption of this ASU did not have a material impact on the Company's consolidated financial statements. In May 2017, the FASB issued ASU 2017-09, Compensation - Stock Compensation: Scope of Modification Accounting . This ASU provides clarity and reduces complexity when an entity has changes to the terms or conditions of a share-based payment award, and when an entity should apply modification accounting. This ASU is effective for annual reporting periods beginning on or after December 15, 2017, and interim periods within those annual periods. Early adoption is permitted for interim and annual periods. The Company has not yet adopted this guidance. The adoption of this ASU is not expected to have a material impact on the Company's consolidated financial statements.

NET INCOME PER SHARE

NET INCOME PER SHARE	9 Months Ended
	Sep. 24, 2017
Earnings Per Share [Abstract]
NET INCOME PER SHARE	NET INCOME PER SHARE Basic earnings per share (EPS) data is computed based on weighted average common shares outstanding during the period. Diluted EPS data is computed based on weighted average common shares outstanding, including all potentially issuable common shares. (in thousands, except per share data) Thirteen Weeks Ended Thirty-Nine Weeks Ended September 24, September 25, September 24, September 25, Net (loss) income $ (2,472 ) $ (2,985 ) $ 24 $ (1,391 ) Weighted average common shares outstanding 15,197 14,582 15,162 14,648 Effect of dilutive securities: Stock options — — 17 — Restricted stock — — 11 — Weighted average common and potentially issuable common shares outstanding—diluted 15,197 14,582 15,190 14,648 Basic net (loss) income per common share $ (0.16 ) $ (0.20 ) $ 0.00 $ (0.09 ) Diluted net (loss) income per common share $ (0.16 ) $ (0.20 ) $ 0.00 $ (0.09 ) Shares of common stock equivalents of 422,790 were excluded from the diluted calculation for the thirteen weeks ended September 24, 2017 due to a net loss during the period. Shares of common stock equivalents of 389,836 were excluded from the diluted calculation due to their anti-dilutive effect for the thirty-nine weeks ended September 24, 2017 . Shares of common stock equivalents of 806,286 were excluded from the diluted calculation for the thirteen and thirty-nine weeks ended September 25, 2016 due to a net loss during each respective period.

LONG-TERM DEBT

LONG-TERM DEBT	9 Months Ended
	Sep. 24, 2017
Debt Instrument [Line Items]
LONG-TERM DEBT	LONG-TERM DEBT Long-term debt at September 24, 2017 and December 25, 2016 consisted of the following (in thousands): September 24, December 25, Term loan $ 31,000 $ 34,000 Revolving credit facility 12,400 7,500 Total 43,400 41,500 Less current maturities 8,500 4,000 Long-term debt $ 34,900 $ 37,500 On November 5, 2014, the Company entered into a credit agreement (the "2014 Credit Agreement") with a syndicate of financial institutions with respect to its senior credit facilities. On October 31, 2016, the Company entered into an amendment to the 2014 Credit Agreement (the "Amendment"). The Amendment redefined the Company's senior credit facilities and provides for (i) a $35.0 million term loan facility, maturing in 2019 , and (ii) a revolving credit facility under which the Company may borrow up to $30.0 million (including a sublimit cap of up to $10.0 million for letters of credit and up to $10.0 million for swing-line loans), maturing in 2019 . On August 1, 2017, the Company entered into a second amendment to the 2014 Credit Agreement (the "Second Amendment"). The Second Amendment provides for (a) the amendment of the maturity date of the senior credit facilities from November 5, 2019 to December 1, 2018 , (b) a reduction of the amount the Company may borrow pursuant to its revolving credit facility from $30.0 million (including a sublimit cap of up to $10.0 million for letters of credit and up to $10.0 million for swing-line loans) to (i) $20.0 million (including a sublimit cap of up to $4.0 million for letters of credit and up to $10.0 million for swing-line loans) on August 1, 2017, (ii) $15.0 million (including a sublimit cap of up to $4.0 million for letters of credit and up to $10.0 million for swing-line loans) on December 31, 2017, (iii) $15.0 million (including a sublimit cap of up to $3.0 million for letters of credit and up to $10.0 million for swing-line loans) on March 31, 2018 and (iv) $10.0 million (including a sublimit cap of up to $3.0 million for letters of credit and up to $10.0 million for swing-line loans) on June 30, 2018; and (c) an increase to the fixed quarterly principal payments from $1.0 million per quarter to $2.5 million per quarter beginning on March 31, 2018. Borrowings under the senior credit facilities bear interest at (i) the Base Rate (as such term is defined in the Amendment) plus the applicable margin of 1.50% to 2.00% or (ii) at a fixed rate for a period of one, two, three or six months equal to the London interbank offered rate, LIBOR, plus the applicable margin of 2.50% to 3.00% . In addition to making fixed quarterly principal payments under the Company’s senior credit facilities, the Company is required to pay an unused facility fee to the lenders equal to 0.30% to 0.50% per annum on the aggregate amount of the unused revolving credit facility, excluding swing-line loans, payable quarterly in arrears. Borrowings under the Company’s senior credit facilities are collateralized by a first priority interest in substantially all tangible and intangible personal property of the Company and its subsidiaries. The 2014 Credit Agreement provides for bank guarantees under standby letter of credit arrangements in the normal course of business operations. The standby letters of credit are cancellable only at the option of the beneficiary who is authorized to draw drafts on the issuing bank up to the face amount of the standby letters of credit in accordance with its credit. As of September 24, 2017 , the maximum exposure under these standby letters of credit was $2.9 million . Pursuant to the Second Amendment, the Company is required to meet certain financial covenants including a minimum consolidated fixed charge coverage ratio, a maximum consolidated lease-adjusted leverage ratio and a minimum earnings before interest, taxes, depreciation and amortization. In addition to these financial tests, the Amendment places limitations on new restaurant leases until the lease-adjusted leverage ratio meets certain thresholds.

STOCK BASED COMPENSATION

STOCK BASED COMPENSATION	9 Months Ended
	Sep. 24, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
STOCK BASED COMPENSATION	STOCK BASED COMPENSATION In June 2006, the Company adopted the Bravo Development, Inc. Option Plan (the “2006 Plan”) in order to provide an incentive to employees. In conjunction with the Company’s initial public offering, all of the then outstanding options under the 2006 Plan became exercisable and the 2006 Plan was terminated. No further compensation costs will be recorded under the 2006 Plan. The 2006 Plan was replaced with the Bravo Brio Restaurant Group, Inc. Stock Incentive Plan (the “Stock Incentive Plan”), which was adopted in October 2010. 2006 Plan Stock option activity for the thirty-nine weeks ended September 24, 2017 is summarized as follows: Number of Shares Weighted Average Exercise Price Outstanding at December 25, 2016 56,691 $ 1.45 Exercised (13,228 ) $ 1.45 Granted — $ — Forfeited (23,509 ) $ 1.45 Outstanding at September 24, 2017 19,954 $ 1.45 Exercisable at September 24, 2017 19,954 $ 1.45 At September 24, 2017 , the weighted-average remaining contractual term of options outstanding was approximately 2.0 years and all of the options were exercisable. Aggregate intrinsic value is calculated as the difference between the Company’s closing price at the end of the fiscal quarter and the exercise price, multiplied by the number of in-the-money options and represents the pre-tax amount that would have been received by the option holders had they all exercised such options on the fiscal quarter end date. The aggregate intrinsic value for outstanding and exercisable options at September 24, 2017 was $19.0 thousand . Stock Incentive Plan Restricted stock activity for the thirty-nine weeks ended September 24, 2017 is summarized as follows: Number of Shares Weighted- Average Grant Date Fair Value Outstanding at December 25, 2016 320,570 $ 9.20 Granted 236,500 $ 4.69 Vested (104,873 ) $ 10.84 Forfeited (49,361 ) $ 7.27 Outstanding at September 24, 2017 402,836 $ 6.36 Fair value of the outstanding shares of restricted stock is based on the average of the high and low price of the Company’s shares on the date immediately preceding the date of grant. Stock compensation costs related to shares of restricted stock were approximately $0.7 million and $0.9 million for the thirty-nine weeks ended September 24, 2017 and September 25, 2016 , respectively. As of September 24, 2017 , total unrecognized stock-based compensation expense related to non-vested shares of restricted stock was approximately $1.9 million taking into account potential forfeitures, which is expected to be recognized over a weighted average period of approximately 2.9 years . These shares of restricted stock will vest, subject to certain exceptions, annually over a four -year period. The Company's restricted stock award agreements allow employees to surrender to the Company shares of stock upon vesting in lieu of their payment of the required personal employment-related taxes. Employees surrendered to the Company 9,450 and 22,792 shares of restricted stock towards the minimum statutory tax withholdings, which the Company recorded as a reduction in common shares in the amount of approximately $43.0 thousand and $170.0 thousand , for the thirty-nine weeks ended September 24, 2017 and September 25, 2016 , respectively.

INCOME TAXES

INCOME TAXES	9 Months Ended
	Sep. 24, 2017
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES Deferred tax assets are reduced by a valuation allowance if, based on the weight of the available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized. Both positive and negative evidence are considered in forming management’s judgment as to whether a valuation allowance is appropriate, and more weight is given to evidence that can be objectively verified. Due to the impairment charges recorded during 2016 and 2015, the Company is in a three-year cumulative loss position. According to ASC Topic No. 740, Income Taxes ("ASU 740"), cumulative losses in recent years represent significant negative evidence in considering whether deferred tax assets are realizable. Based on the required weight of that evidence under ASC 740, the Company has determined that a valuation allowance was needed for all of its net deferred income tax assets. The Company recorded valuation allowances of $67.0 million and $64.7 million as of September 24, 2017 and December 25, 2016 , respectively. The tax benefits relating to any reversal of the valuation allowance on the net deferred tax assets will be recognized as a reduction of future income tax expense.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 24, 2017	Sep. 24, 2017	Dec. 25, 2016
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES		COMMITMENTS AND CONTINGENCIES The Company is subject to various claims, possible legal actions, and other matters arising out of the normal course of business. While it is not possible to predict the outcome of these issues, management is of the opinion that adequate provision for potential losses has been made in the accompanying consolidated financial statements. As of September 24, 2017, the Company has assigned the lease relating to one property; however, the Company remains secondarily liable for the associated lease payments. The Company has recorded a liability for this continuing obligation which is based on the Company’s estimate of fair value. If the assignee ceases making lease payments or otherwise fails to perform its contractual obligations, the Company may incur additional expense and increase the liability associated with this continuing obligation. In May 2016, a former restaurant hourly employee filed a putative class and collective action lawsuit in the United States District Court for the Southern District of Missouri, Mamdooh Hussein v. Bravo Brio Restaurant Group, Inc. , alleging that the Company violated Missouri wage and hour law and the Fair Labor Standards Act, as interpreted by the Department of Labor, by not paying regular minimum wage for time spent performing non-tipped duties. In March 2017, the Company and the plaintiffs in this litigation agreed in principle to settle the litigation. Based upon the conditions of this settlement, the Company has recorded a total expense of $2.1 million in potential settlement and legal costs during the thirty-nine weeks ended September 24, 2017 , but the proposed settlement may result in a loss of $1.8 million in excess of the amount recorded. In 2016, the Company recorded $0.5 million in potential settlement and legal costs related to this matter. In August 2016, a former restaurant hourly employee filed a putative class and collective action lawsuit in the United States District Court for the Western District of New York, Robert Andreescu v. Bravo Brio Restaurant Group, Inc. , alleging that the Company violated New York wage and hour law and the Fair Labor Standards Act, as interpreted by the Department of Labor, by not paying regular minimum wage for time spent performing non-tipped duties. The lawsuit seeks unspecified penalties in addition to other monetary payments. The Company intends to defend this case vigorously, but it is not possible at this time to reasonably estimate the outcome of or any potential liability from this case. During the thirty-nine weeks ended September 24, 2017 , the Company settled a loss claim asserted by the Company which previously arose and recognized a gain of $0.5 million to general and administrative expenses. The majority of the gain pertained to compensation for the Company’s lost operating income awarded by the claims administrator pursuant to the settlement agreement reached in litigation related to the 2010 Deepwater Horizon oil spill in the Gulf of Mexico.
Estimated Litigation Liability	$ 2.1	$ 2.1	$ 0.5
Loss Contingency, Estimate of Possible Loss	1.8	$ 1.8
Gain (Loss) Related to Litigation Settlement	$ 0.5

IMPAIRMENT OF LONG-LIVED ASSETS

IMPAIRMENT OF LONG-LIVED ASSETS (Notes)	9 Months Ended
	Sep. 24, 2017
Details of Impairment of Long-Lived Assets Held and Used by Asset [Table Text Block]	IMPAIRMENT OF LONG-LIVED ASSETS The Company reviews long-lived assets, such as property, equipment and intangibles subject to amortization, for impairment when events or circumstances indicate the carrying value of the assets may not be recoverable. The Company has determined that its asset group for impairment testing is comprised of the assets and liabilities of each of its individual restaurants, as this is the lowest level of identifiable cash flows and primarily includes an assessment of historical cash flows and other relevant factors and circumstances. As part of the review, the Company also takes into account that its business is highly sensitive to seasonal fluctuations such as the holiday season at the end of the fourth quarter as it significantly impacts its short and long term projections for each location. The other factors and circumstances include changes in the economic environment, changes in the manner in which assets are used, unfavorable changes in legal factors or business climate, incurring excess costs in construction of the asset, overall restaurant operating performance and projections for future performance. These estimates result in a wide range of variability on a year to year basis due to the nature of the criteria. The Company evaluates future undiscounted cash flow projections in conjunction with qualitative factors and future operating plans. The impairment assessment process requires the use of estimates and assumptions regarding future undiscounted cash flows and operating outcomes, which are based upon a significant degree of management’s judgment. The estimates used in the impairment analysis represent a Level 3 fair value measurement. At any given time, the Company may be monitoring a number of locations, and future impairment charges could be required if individual restaurant performance does not improve. The Company forecasts future cash flows by considering recent restaurant level performance, restaurant level operating plans, sales trends, and cost trends for cost of sales, labor and operating expenses. The Company compares this cash flow forecast to the asset's carrying value at the restaurant. Based on this analysis, if the Company determines that the carrying amount of the assets are not recoverable, an impairment charge is recognized based upon the amount by which the asset's carrying value exceeds fair value. The Company incurred a non-cash impairment charge of $1.2 million during the thirty-nine weeks ended September 25, 2016 related to one restaurant. The Company did not recognize an impairment charge during the thirty-nine weeks ended September 24, 2017 .

NET INCOME PER SHARE (Tables)

NET INCOME PER SHARE (Tables)	9 Months Ended
	Sep. 24, 2017
Earnings Per Share [Abstract]
Computations of Basic and Diluted Earnings Per Common Share	(in thousands, except per share data) Thirteen Weeks Ended Thirty-Nine Weeks Ended September 24, September 25, September 24, September 25, Net (loss) income $ (2,472 ) $ (2,985 ) $ 24 $ (1,391 ) Weighted average common shares outstanding 15,197 14,582 15,162 14,648 Effect of dilutive securities: Stock options — — 17 — Restricted stock — — 11 — Weighted average common and potentially issuable common shares outstanding—diluted 15,197 14,582 15,190 14,648 Basic net (loss) income per common share $ (0.16 ) $ (0.20 ) $ 0.00 $ (0.09 ) Diluted net (loss) income per common share $ (0.16 ) $ (0.20 ) $ 0.00 $ (0.09 )

LONG-TERM DEBT Components of Lo

LONG-TERM DEBT Components of Long-term Debt (Tables)	9 Months Ended
	Sep. 24, 2017
Debt Instrument [Line Items]
Schedule of Long-term Debt Instruments [Table Text Block]	September 24, December 25, Term loan $ 31,000 $ 34,000 Revolving credit facility 12,400 7,500 Total 43,400 41,500 Less current maturities 8,500 4,000 Long-term debt $ 34,900 $ 37,500

STOCK BASED COMPENSATION (Table

STOCK BASED COMPENSATION (Tables)	9 Months Ended
	Sep. 24, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of Stock Option Activity	Stock option activity for the thirty-nine weeks ended September 24, 2017 is summarized as follows: Number of Shares Weighted Average Exercise Price Outstanding at December 25, 2016 56,691 $ 1.45 Exercised (13,228 ) $ 1.45 Granted — $ — Forfeited (23,509 ) $ 1.45 Outstanding at September 24, 2017 19,954 $ 1.45 Exercisable at September 24, 2017 19,954 $ 1.45
Restricted Stock Activity	Restricted stock activity for the thirty-nine weeks ended September 24, 2017 is summarized as follows: Number of Shares Weighted- Average Grant Date Fair Value Outstanding at December 25, 2016 320,570 $ 9.20 Granted 236,500 $ 4.69 Vested (104,873 ) $ 10.84 Forfeited (49,361 ) $ 7.27 Outstanding at September 24, 2017 402,836 $ 6.36

Basis of Presentation (Details)

Basis of Presentation (Details) (Detail)	9 Months Ended
	Sep. 24, 2017StateRestaurant
Significant Accounting Policies [Line Items]
Aggregate number of restaurant operated by company	113
Number of states where restaurants are operated | State	32
Aggregate number of restaurant operated under management agreement	1
Aggregate Number Of Restaurant Operated Under Franchise Agreement	1
Bravo Cucina Italiana
Significant Accounting Policies [Line Items]
Aggregate number of restaurant operated by company	49
Brio Tuscan Grille
Significant Accounting Policies [Line Items]
Aggregate number of restaurant operated by company	63
Bon Vie
Significant Accounting Policies [Line Items]
Aggregate number of restaurant operated by company	1

Computations of Basic and Dilut

Computations of Basic and Diluted Earnings Per Common Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 24, 2017	Sep. 25, 2016	Sep. 24, 2017	Sep. 25, 2016
Earnings Per Share [Abstract]
Net (loss) income	$ (2,472)	$ (2,985)	$ 24	$ (1,391)
Weighted average common shares outstanding	15,197,000	14,582,000	15,162,000	14,648,000
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	422,790		389,836	806,286
Effect of dilutive securities:
Stock options		0	17,000	0
Restricted stock		0	11,000	0
Weighted average common and potentially issuable common shares outstanding—diluted	15,197,000	14,582,000	15,190,000	14,648,000
Basic net (loss) income per common share	$ (0.16)	$ (0.20)	$ 0	$ (0.09)
Diluted net (loss) income per common share	$ (0.16)	$ (0.20)	$ 0	$ (0.09)

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Detail) - USD ($) $ in Thousands	8 Months Ended	13 Months Ended	33 Months Ended	36 Months Ended
	Dec. 01, 2018	Dec. 01, 2018	Sep. 29, 2019	Nov. 05, 2019	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 24, 2017	Aug. 01, 2017	Dec. 25, 2016	Oct. 31, 2016
Debt Instrument [Line Items]
Long-term Debt								$ 43,400		$ 41,500
Debt, Current								8,500		4,000
Swingline Loans [Member]
Debt Instrument [Line Items]
Sublimit Cap					$ 10,000	$ 10,000	$ 10,000		$ 10,000		$ 10,000
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity					10,000	15,000	15,000		20,000		30,000
Revolving Credit Facility Year of Maturity		2,018	2,019
Long-term Debt								12,400		7,500
Letter of Credit [Member]
Debt Instrument [Line Items]
Sublimit Cap					$ 3,000	$ 3,000	$ 4,000		$ 4,000		10,000
Debt Instrument, Periodic Payment	$ 2,500			$ 1,000
Maximum standby letters of credit								2,900
Term loan facility [Member]
Debt Instrument [Line Items]
Revolving Credit Facility Year of Maturity			2,019
Long-term Debt								$ 31,000		$ 34,000
Term loan facility											$ 35,000
Minimum [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Debt Applicable Margin											2.50%
Minimum [Member] | Unused lines of Credit [Member]
Debt Instrument [Line Items]
Line Of Credit Facility Unused Capacity Commitment Fee											0.30%
Minimum [Member] | Alternate Base Rate [Member]
Debt Instrument [Line Items]
Debt Applicable Margin											1.50%
Maximum [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Debt Applicable Margin											3.00%
Maximum [Member] | Unused lines of Credit [Member]
Debt Instrument [Line Items]
Line Of Credit Facility Unused Capacity Commitment Fee											0.50%
Maximum [Member] | Alternate Base Rate [Member]
Debt Instrument [Line Items]
Debt Applicable Margin											2.00%

Summary of Stock Option Activit

Summary of Stock Option Activity (Detail) - Equity Option	9 Months Ended
	Sep. 24, 2017$ / sharesshares
Stock option activity
Number of Shares Outstanding - beginning of year | shares	56,691
Weighted average exercise price outstanding - beginning of year | $ / shares	$ 1.45
Number of shares, Exercised | shares	(13,228)
Weighted average exercise price, Exercised | $ / shares	$ 1.45
Number of shares, Granted | shares	0
Weighted average exercise price, Granted | $ / shares	$ 0
Number of shares, Forfeited | shares	(23,509)
Weighted average exercise price, Forfeited | $ / shares	$ 1.45
Number of Shares Outstanding - end of year | shares	19,954
Weighted average exercise price Outstanding - ending of year | $ / shares	$ 1.45
Exercisable - end of year | shares	19,954
Weighted Average Exercise Price Exercisable - end of period | $ / shares	$ 1.45

Stock Based Compensation - Addi

Stock Based Compensation - Additional Information (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 24, 2017	Sep. 25, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation	$ 748	$ 864
Payments Related to Tax Withholding for Share-based Compensation	$ 43
Equity Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average remaining contractual term	2 years
Aggregate intrinsic value for outstanding and exercisable options	$ 0
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation	$ 700
Weighted-average remaining contractual term	2 years 10 months 24 days
Unrecognized stock-based compensation expense related to non-vested shares of restricted stock	$ 1,900
Number of years to vest restricted shares	4 years
Shares Paid for Tax Withholding for Share Based Compensation	9,450	22,792
Payments Related to Tax Withholding for Share-based Compensation	$ 0	$ 200

Restricted Stock Activity (Deta

Restricted Stock Activity (Detail) - Restricted Stock	9 Months Ended
	Sep. 24, 2017$ / sharesshares
Restricted stock activity
Number of Shares Outstanding - beginning of year | shares	320,570
Weighted-average grant date fair value, Outstanding | $ / shares	$ 9.20
Number of shares, Granted | shares	236,500
Weighted-average grant date fair value, Granted | $ / shares	$ 4.69
Number of shares, Vested | shares	(104,873)
Weighted-average grant date fair value, Vested | $ / shares	$ 10.84
Number of shares, Forfeited | shares	(49,361)
Weighted-average grant date fair value, Forfeited | $ / shares	$ 7.27
Number of Shares Outstanding - end of Period | shares	402,836
Weighted-average exercise price | $ / shares	$ 6.36

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	Sep. 24, 2017	Dec. 25, 2016
Income Tax Disclosure [Abstract]
Deferred Tax Assets, Valuation Allowance	$ 67,000	$ 64,700

IMPAIRMENT OF LONG-LIVED ASSE24

IMPAIRMENT OF LONG-LIVED ASSETS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 24, 2017	Sep. 25, 2016	Sep. 24, 2017	Sep. 25, 2016
Impairment of Long-lived Assets [Abstract]
Asset Impairment Charges	$ 0	$ 0	$ 0	$ 1,249