Ignite Restaurant (IRG) 10-Q 16 May 17 2017 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Apr. 03, 2017	May 12, 2017
Document Information [Line Items]
Entity Registrant Name	Ignite Restaurant Group, Inc.
Entity Central Index Key	1,526,796
Trading Symbol	irg
Current Fiscal Year End Date	--01-01
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		26,159,351
Document Type	10-Q
Document Period End Date	Apr. 3, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Apr. 03, 2017	Jan. 02, 2017
ASSETS
Cash and cash equivalents	$ 13,046	$ 430
Accounts receivable, net	2,452	5,195
Inventories	4,706	3,845
Other current assets	6,060	3,736
Total current assets	26,264	13,206
Property and equipment, net	124,809	129,324
Intangible assets, net	4,455	4,464
Other assets	770	1,422
Total assets	156,298	148,416
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
Accounts payable	13,657	11,885
Accrued liabilities	29,575	29,453
Current portion of debt obligations	131,187	1,180
Total current liabilities	174,419	42,518
Long-term debt obligations		117,806
Deferred rent	17,762	17,788
Other long-term liabilities	6,514	6,744
Total liabilities	198,695	184,856
Commitments and contingencies (Note 6)
Stockholders' equity (deficit)
Preferred stock, $0.01 par value per share, 100,000 shares authorized; zero shares issued and outstanding	0	0
Common stock, $0.01 par value per share, 500,000 shares authorized; 26,163 and 26,246 shares issued and outstanding as of April 3, 2017 and January 2, 2017, respectively	259	259
Additional paid-in capital	93,924	93,928
Accumulated deficit	(136,580)	(130,627)
Total stockholders' equity (deficit)	(42,397)	(36,440)
Total liabilities and stockholders' equity (deficit)	$ 156,298	$ 148,416

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares shares in Thousands	Apr. 03, 2017	Jan. 02, 2017
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	100,000	100,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	500,000	500,000
Common stock, shares issued (in shares)	26,163	26,246
Common stock, shares outstanding (in shares)	26,163	26,246

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 03, 2017	Mar. 28, 2016
Revenues	$ 95,127	$ 117,899
Costs and expenses
Cost of sales	32,361	37,166
Labor expenses	28,845	35,922
Occupancy expenses	8,639	9,906
Other operating expenses	15,965	19,663
General and administrative	7,545	6,550
Depreciation and amortization	4,629	6,026
Pre-opening costs		881
Asset impairments and closures	294	193
Loss (gain) on disposal of assets	198	101
Total costs and expenses	98,476	116,408
Income (loss) from operations	(3,349)	1,491
Interest expense, net	(3,227)	(3,020)
Other income (expense)	668	(8)
Loss before income taxes	(5,909)	(1,537)
Income tax expense	44	89
Net loss	$ (5,953)	$ (1,626)
Basic and diluted net loss per share data:
Basic and diluted (in dollars per share)	$ (0.23)	$ (0.06)
Weighted average shares outstanding
Basic and diluted (in shares)	25,888	25,776

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Apr. 03, 2017	Mar. 28, 2016
Cash flows from operating activities
Net loss	$ (5,953)	$ (1,626)
Adjustments to reconcile loss to net cash provided by operating activities:
Depreciation and amortization	4,629	6,026
Amortization of debt issuance costs	234	237
Amortization of debt discount	99	101
Stock-based compensation	(2)	413
Deferred income tax	2	(61)
Non-cash loss on disposal of assets	197	76
Decrease (increase) in operating assets:
Accounts receivable	2,740	236
Inventories	(861)	(649)
Other operating assets	(1,758)	176
Increase (decrease) in operating liabilities:
Accounts payable and accrued liabilities	1,415	926
Other operating liabilities	209	271
Net cash provided by operating activities	951	6,126
Cash flows from investing activities
Purchases of property and equipment	(283)	(6,496)
Proceeds from disposal of assets		349
Net cash used in investing activities	(283)	(6,147)
Cash flows from financing activities
Borrowings on revolving credit facility	16,850	6,200
Payments on revolving credit facility	(4,900)	(6,200)
Payments on long-term debt		(319)
Taxes paid related to net share settlement of equity awards	(2)
Net cash provided by (used) in financing activities	11,948	(319)
Net increase (decrease) in cash and cash equivalents	12,616	(340)
Cash and cash equivalents at beginning of period	430	7,817
Cash and cash equivalents at end of period	$ 13,046	$ 7,477

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	3 Months Ended
	Apr. 03, 2017
Notes to Financial Statements
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	Note 1 Ignite Restaurant Group, Inc. (referred to herein as the “Company,” “Ignite,” “we,” “us” or “our”) operates two April 3, 2017, 112 25 32 three J.H. Whitney VI, L.P., an affiliate of J.H. Whitney Capital Partners, LLC, currently owns approximately 66.4% We prepared the accompanying unaudited condensed consolidated financial statements in accordance with Rule 10 01 10 January 2, 2017, April 3, 2017. January 2, 2017 Principles of Consolidation The accompanying unaudited condensed consolidated financial statements include the accounts of Ignite and its wholly-owned subsidiaries as of April 3, 2017. Fiscal Year Our fiscal year ends on the Monday nearest to December 31 four 13 53 fourth 14 2017 52 2016 53 Recent Accounting Pronouncements In May 2014, 2014 09, Revenue from Contracts with Customers (Topic 606) 2015 14, December 15, 2017, December 15, 2016. may In August 2014, 2014 15, Presentation of Financial Statements – Going Concern (Subtopic 205 40): 2014 15 (1) (2) (3) (4) (5) (6) one December 15, 2016, January 2, 2017, 2014 15. 2. In February 2016, 2016 02, Leases (Topic 842). two December 15, 2018, In March 2016, 2016 09, Compensation—Stock Compensation (Topic 718): December 15, 2016, 2016 09 Q1 2017 In April 2016, 2016 10, Revenue from Contracts with Customers (Topic 606): 2014 09, 2014 09. In August 2016, 2016 15, Statement of Cash Flows (Topic 230): December 15, 2017.

Note 2 - Going Concern

Note 2 - Going Concern	3 Months Ended
	Apr. 03, 2017
Notes to Financial Statements
Substantial Doubt about Going Concern [Text Block]	Note 2—Going We have continued to experience declines in comparable restaurant sales and income from operations at Joe’s and Brick House. We have closed underperforming restaurants and implemented cost reduction measures to help mitigate the effect of these declines and improve our financial position and liquidity. In late 2016, On March 31, 2017, 2014 2014 May 9, 2017, 2014 May 8, 2017, May 23, 2017. 9. As of April 3, 2017, may one We are currently in discussions with our lenders in connection with our pursuit of various strategic alternatives to improve our capital structure. It is possible that even a successful implementation of one 11 April 3, 2017 twelve April 3, 2017. 4

Note 3 - Selected Balance Sheet

Note 3 - Selected Balance Sheet Accounts	3 Months Ended
	Apr. 03, 2017
Notes to Financial Statements
Supplemental Balance Sheet Disclosures [Text Block]	Note 3 The components of other current assets are as follows (in thousands): April 3, 2017 January 2, 2017 Prepaid rent $ 2,375 $ 851 Prepaid insurance 1,352 1,709 Deferred loan costs 617 - Prepaid licenses and fees 562 308 Prepaid taxes 141 166 Prepaid advertising 102 43 Other 911 659 $ 6,060 $ 3,736 The components of accrued liabilities are as follows (in thousands): April 3, 2017 January 2, 2017 Payroll and related costs $ 8,425 $ 7,272 Insurance 6,666 6,953 Sales and alcohol taxes 2,746 1,741 Deferred gift card revenue 2,600 3,060 Restaurant closures liability 2,408 2,540 Utilities 1,298 1,187 Occupancy 1,282 1,071 Interest 1,272 913 Property taxes 1,139 3,139 Other 1,739 1,577 $ 29,575 $ 29,453

Note 4 - Debt Obligations

Note 4 - Debt Obligations	3 Months Ended
	Apr. 03, 2017
Notes to Financial Statements
Debt Disclosure [Text Block]	Note 4 Debt obligations consisted of the following (in thousands): April 3, 2017 January 2, 2017 Term loan, due February 2019 $ 115,301 $ 115,301 Revolving credit facility, expiring February 2019 17,950 6,000 Less unamortized debt discount and loan costs 2,064 2,315 Total debt, net of debt discount and loan costs 131,187 118,986 Less current portion 131,187 1,180 Long-term debt obligations $ - $ 117,806 On August 13, 2014, (“2014 $30.0 (“2014 $165.0 (“2014 February 13, 2019 . 2014 98.5% 2014 $412,500, December 31, 2014, December 2015, $46.5 2014 $294,886. Interest rates for borrowings under the 2014 1% 7.0% 6.0% 2014 2014 8.1% April 3, 2017. 2014 0.5%. The 2014 2014 2014 The 2014 5.75x December 29, 2014, 5.5x December 30, 2014 June 29, 2015, 5.25x June 30, 2015 December 28, 2015, 5.0x December 29, 2015 March 28, 2016, 4.75x March 29, 2016 June 27, 2016, 4.25x June 28, 2016 September 26, 2016, 4.0x September 27, 2016 April 3, 2017, 3.75x April 4, 2017 October 2, 2017, 3.5x October 3, 2017 April 2, 2018, 3.25x April 3, 2018 December 31, 2018, 3.0x January 1, 2019 2.0x June 29, 2015, 2.25x June 30, 2015 March 28, 2016, 2.5x March 29, 2016 June 27, 2016, 2.75x June 28, 2016 January 2, 2017, 3.0x January 3, 2017 July 3, 2017, 3.25x July 4, 2017 April 2, 2018, 3.5x April 3, 2018 December 31, 2018, 3.75x January 1, 2019 2014 $29.5 December 29, 2014, $45.5 2015, $45.8 2016, $52.5 2017, $53.7 2018, $58.6 January 1, 2019 April 3, 2017. April 3, 2017. 2 9 As of April 3, 2017, $12.1 2014

Note 5 - Net Loss Per Share

Note 5 - Net Loss Per Share	3 Months Ended
	Apr. 03, 2017
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 5 Basic net loss per share is computed using the weighted average number of common shares outstanding during the period, while diluted net loss per share is computed using the weighted average number of common shares outstanding plus all potentially dilutive common share equivalents outstanding during the period. The table below presents a reconciliation of weighted average common shares used in the calculation of basic and diluted net loss per share (in thousands): Thirteen Weeks Ended Thirteen Weeks Ended April 3, 2017 March 28, 2016 Denominator: Basic weighted average shares outstanding 25,888 25,776 Effect of dilutive securities - - Diluted weighted average shares outstanding 25,888 25,776 For the thirteen April 3, 2017, 653 268 thirteen March 28, 2016, 880 388

Note 6 - Commitments and Contin

Note 6 - Commitments and Contingencies	3 Months Ended
	Apr. 03, 2017
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	Note 6 In the ordinary course of our business affairs and operations, we are subject to possible loss contingencies arising from third Litigation We are a defendant or otherwise involved in a number of lawsuits in the ordinary course of business, including personal injury claims, contract claims, claims alleging violation of federal and state law regarding workplace and employment matters, discrimination claims and similar matters. When the potential liability can be estimated and the loss is considered probable, we record the estimated loss. Due to uncertainties related to the resolution of lawsuits and claims, the ultimate outcome may On August 28, 2013, six January 27, 2015, On August 22, 2016, On August 24, 2016, two In July 2016, two September 2016, January 30, 2017.

Note 7 - Income Taxes

Note 7 - Income Taxes	3 Months Ended
	Apr. 03, 2017
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note 7 Our effective tax rate from operations is generally the combined federal and state statutory rate reduced by the effect of tax credits primarily due to the tax benefit of FICA tax credits for employee reported tip income. The change in the effective tax rate is primarily due to the valuation allowance in the current year and the change in FICA tax credits being generated in the current year compared to the prior year proportionate to the income (loss) before income taxes. Income taxes for the thirteen April 3, 2017 March 28, 2016 We evaluate our deferred tax assets on a quarterly basis to determine whether a valuation allowance is required. We assess whether a valuation allowance should be established based on our determination of whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible and prior to the expiration of our credit carryforwards which begin to expire in 2031. 740, Income Taxes thirteen April 3, 2017 March 28, 2016, $2.8 $0.5 may

Note 8 - Segment Information

Note 8 - Segment Information	3 Months Ended
	Apr. 03, 2017
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	Note 8 All of our restaurants compete in the full-service casual dining industry. Our brands also possess similar production methods, distribution methods, and economic characteristics, resulting in similar long-term expected financial performance characteristics. We believe reporting information about each of our brands is useful to readers of our financial statements and is consistent with how management evaluates brand performance. We also believe that providing this additional financial information for each of our brands provides a better understanding of our overall operating results. Income (loss) from operations represents revenues less restaurant operating costs and expenses, directly allocable general and administrative expenses, and other restaurant-level expenses directly associated with each brand including depreciation and amortization, pre-opening costs, asset impairments and closures, and loss on disposal of assets. Unallocated corporate expenses, capital expenditures, property and equipment, and intangible assets are presented below as reconciling items to the amounts presented in the condensed consolidated financial statements. The following tables present information about our reportable segments for the respective periods (in thousands). Thirteen Weeks Ended Thirteen Weeks Ended April 3, 2017 March 28, 2016 Revenues Joe's Crab Shack $ 76,140 $ 96,229 Brick House Tavern + Tap 18,987 21,670 $ 95,127 $ 117,899 Income (loss) from operations Joe's Crab Shack $ 1,927 $ 5,455 Brick House Tavern + Tap 1,171 786 Corporate (6,447 ) (4,750 ) $ (3,349 ) $ 1,491 Depreciation and amortization Joe's Crab Shack $ 3,234 $ 4,505 Brick House Tavern + Tap 1,177 1,241 Corporate 218 280 $ 4,629 $ 6,026 Capital expenditures Joe's Crab Shack $ 218 $ 925 Brick House Tavern + Tap 51 5,292 Corporate 14 279 $ 283 $ 6,496 April 3, 2017 March 28, 2016 Property and equipment, net Joe's Crab Shack $ 79,825 $ 118,869 Brick House Tavern + Tap 42,915 50,245 Corporate 2,069 2,671 $ 124,809 $ 171,785 Intangible assets, net Joe's Crab Shack $ 2,576 $ 3,123 Brick House Tavern + Tap 1,873 1,905 Corporate 6 9 $ 4,455 $ 5,037

Note 9 - Subsequent Event

Note 9 - Subsequent Event	3 Months Ended
	Apr. 03, 2017
Notes to Financial Statements
Subsequent Events [Text Block]	Note 9 On May 8, 2017, 2014 May 23, 2017 45 April 3, 2017, 2014 2014

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Apr. 03, 2017
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Principles of Consolidation The accompanying unaudited condensed consolidated financial statements include the accounts of Ignite and its wholly-owned subsidiaries as of April 3, 2017.
Fiscal Period, Policy [Policy Text Block]	Fiscal Year Our fiscal year ends on the Monday nearest to December 31 four 13 53 fourth 14 2017 52 2016 53
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In May 2014, 2014 09, Revenue from Contracts with Customers (Topic 606) 2015 14, December 15, 2017, December 15, 2016. may In August 2014, 2014 15, Presentation of Financial Statements – Going Concern (Subtopic 205 40): 2014 15 (1) (2) (3) (4) (5) (6) one December 15, 2016, January 2, 2017, 2014 15. 2. In February 2016, 2016 02, Leases (Topic 842). two December 15, 2018, In March 2016, 2016 09, Compensation—Stock Compensation (Topic 718): December 15, 2016, 2016 09 Q1 2017 In April 2016, 2016 10, Revenue from Contracts with Customers (Topic 606): 2014 09, 2014 09. In August 2016, 2016 15, Statement of Cash Flows (Topic 230): December 15, 2017.

Note 3 - Selected Balance She16

Note 3 - Selected Balance Sheet Accounts (Tables)	3 Months Ended
	Apr. 03, 2017
Notes Tables
Schedule of Other Current Assets [Table Text Block]	April 3, 2017 January 2, 2017 Prepaid rent $ 2,375 $ 851 Prepaid insurance 1,352 1,709 Deferred loan costs 617 - Prepaid licenses and fees 562 308 Prepaid taxes 141 166 Prepaid advertising 102 43 Other 911 659 $ 6,060 $ 3,736
Schedule of Accrued Liabilities [Table Text Block]	April 3, 2017 January 2, 2017 Payroll and related costs $ 8,425 $ 7,272 Insurance 6,666 6,953 Sales and alcohol taxes 2,746 1,741 Deferred gift card revenue 2,600 3,060 Restaurant closures liability 2,408 2,540 Utilities 1,298 1,187 Occupancy 1,282 1,071 Interest 1,272 913 Property taxes 1,139 3,139 Other 1,739 1,577 $ 29,575 $ 29,453

Note 4 - Debt Obligations (Tabl

Note 4 - Debt Obligations (Tables)	3 Months Ended
	Apr. 03, 2017
Notes Tables
Schedule of Long-term Debt Instruments [Table Text Block]	April 3, 2017 January 2, 2017 Term loan, due February 2019 $ 115,301 $ 115,301 Revolving credit facility, expiring February 2019 17,950 6,000 Less unamortized debt discount and loan costs 2,064 2,315 Total debt, net of debt discount and loan costs 131,187 118,986 Less current portion 131,187 1,180 Long-term debt obligations $ - $ 117,806

Note 5 - Net Loss Per Share (Ta

Note 5 - Net Loss Per Share (Tables)	3 Months Ended
	Apr. 03, 2017
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Thirteen Weeks Ended Thirteen Weeks Ended April 3, 2017 March 28, 2016 Denominator: Basic weighted average shares outstanding 25,888 25,776 Effect of dilutive securities - - Diluted weighted average shares outstanding 25,888 25,776

Note 8 - Segment Information (T

Note 8 - Segment Information (Tables)	3 Months Ended
	Apr. 03, 2017
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Thirteen Weeks Ended Thirteen Weeks Ended April 3, 2017 March 28, 2016 Revenues Joe's Crab Shack $ 76,140 $ 96,229 Brick House Tavern + Tap 18,987 21,670 $ 95,127 $ 117,899 Income (loss) from operations Joe's Crab Shack $ 1,927 $ 5,455 Brick House Tavern + Tap 1,171 786 Corporate (6,447 ) (4,750 ) $ (3,349 ) $ 1,491 Depreciation and amortization Joe's Crab Shack $ 3,234 $ 4,505 Brick House Tavern + Tap 1,177 1,241 Corporate 218 280 $ 4,629 $ 6,026 Capital expenditures Joe's Crab Shack $ 218 $ 925 Brick House Tavern + Tap 51 5,292 Corporate 14 279 $ 283 $ 6,496
Assets [Member]
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	April 3, 2017 March 28, 2016 Property and equipment, net Joe's Crab Shack $ 79,825 $ 118,869 Brick House Tavern + Tap 42,915 50,245 Corporate 2,069 2,671 $ 124,809 $ 171,785 Intangible assets, net Joe's Crab Shack $ 2,576 $ 3,123 Brick House Tavern + Tap 1,873 1,905 Corporate 6 9 $ 4,455 $ 5,037

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation (Details Textual)	3 Months Ended
	Apr. 03, 2017
Number of Full Service, Casual Dining Restaurant Brands Owned and Operated by Entity	2
J.H. Whitney VI, L.P. [Member]
Percentage of Outstanding Common Stock Owned by Majority Shareholder	66.40%
Entity Operated Units [Member] | Joes Restaurant [Member]
Number of Restaurants	112
Entity Operated Units [Member] | Joes Restaurant [Member] | UNITED ARAB EMIRATES
Number of Restaurants	3
Entity Operated Units [Member] | Brick House Tavern and Tap [Member]
Number of Restaurants	25

Note 3 - Selected Balance She21

Note 3 - Selected Balance Sheet Accounts - Components of Other Current Assets (Details) - USD ($) $ in Thousands	Apr. 03, 2017	Jan. 02, 2017
Prepaid rent	$ 2,375	$ 851
Prepaid insurance	1,352	1,709
Deferred loan costs	617
Prepaid licenses and fees	562	308
Prepaid taxes	141	166
Prepaid advertising	102	43
Other	911	659
Other current assets	$ 6,060	$ 3,736

Note 3 - Selected Balance She22

Note 3 - Selected Balance Sheet Accounts - Components of Accrued Liabilities (Details) - USD ($) $ in Thousands	Apr. 03, 2017	Jan. 02, 2017
Payroll and related costs	$ 8,425	$ 7,272
Insurance	6,666	6,953
Sales and alcohol taxes	2,746	1,741
Deferred gift card revenue	2,600	3,060
Restaurant closures liability	2,408	2,540
Utilities	1,298	1,187
Occupancy	1,282	1,071
Interest	1,272	913
Property taxes	1,139	3,139
Other	1,739	1,577
Accrued liabilities	$ 29,575	$ 29,453

Note 4 - Debt Obligations (Deta

Note 4 - Debt Obligations (Details Textual)	Aug. 13, 2014USD ($)	Apr. 03, 2017USD ($)	Mar. 28, 2016USD ($)	Apr. 03, 2017USD ($)
Repayments of Long-term Debt			$ 319,000
Term Loan 2014 [Member]
Debt Instrument, Face Amount	$ 165,000,000
Debt Discount Percentage of Par	98.50%
Credit Agreement 2014 [Member]
LIBOR Floor	1.00%
Credit Agreement 2014 [Member] | January 1, 2019 to Maturity Date [Member]
Maximum Capital Expenditure		58,600,000
Credit Agreement 2014 [Member] | Closing Date Through December 29, 2014 [Member]
Maximum Capital Expenditure		29,500,000
Credit Agreement 2014 [Member] | Fiscal 2015 [Member]
Maximum Capital Expenditure		45,500,000
Credit Agreement 2014 [Member] | Fiscal 2016 [Member]
Maximum Capital Expenditure		45,800,000
Credit Agreement 2014 [Member] | Fiscal 2017 [Member]
Maximum Capital Expenditure		52,500,000
Credit Agreement 2014 [Member] | Fiscal 2018 [Member]
Maximum Capital Expenditure		$ 53,700,000
Credit Agreement 2014 [Member] | Maximum [Member] | Through December 29, 2014 [Member]
Debt Instrument Leverage Ratio		5.75
Credit Agreement 2014 [Member] | Maximum [Member] | December 30, 2014 to June 29, 2015 [Member]
Debt Instrument Leverage Ratio		5.5
Credit Agreement 2014 [Member] | Maximum [Member] | June 30, 2015 to December 28, 2015 [Member]
Debt Instrument Leverage Ratio		5.25
Credit Agreement 2014 [Member] | Maximum [Member] | December 29, 2015 to March 28, 2016 [Member]
Debt Instrument Leverage Ratio		5
Credit Agreement 2014 [Member] | Maximum [Member] | March 29, 2016 to June 27, 2016 [Member]
Debt Instrument Leverage Ratio		4.75
Debt Instrument, Covenant, Fixed Charge Coverage Ratio		2.5
Credit Agreement 2014 [Member] | Maximum [Member] | June 28, 2016 to September 26, 2016 [Member]
Debt Instrument Leverage Ratio		4.25
Credit Agreement 2014 [Member] | Maximum [Member] | September 27, 2016 to April 3, 2017 [Member]
Debt Instrument Leverage Ratio		4
Credit Agreement 2014 [Member] | Maximum [Member] | April 4, 2017 to October 2, 2017 [Member]
Debt Instrument Leverage Ratio		3.75
Credit Agreement 2014 [Member] | Maximum [Member] | October 3, 2017 to April 2, 2018 [Member]
Debt Instrument Leverage Ratio		3.5
Credit Agreement 2014 [Member] | Maximum [Member] | April 3, 2018 to December 31, 2018 [Member]
Debt Instrument Leverage Ratio		3.25
Debt Instrument, Covenant, Fixed Charge Coverage Ratio		3.5
Credit Agreement 2014 [Member] | Maximum [Member] | January 1, 2019 to Maturity Date [Member]
Debt Instrument Leverage Ratio		3
Debt Instrument, Covenant, Fixed Charge Coverage Ratio		3.75
Credit Agreement 2014 [Member] | Maximum [Member] | Period through June 29, 2015 [Member]
Debt Instrument, Covenant, Fixed Charge Coverage Ratio		2
Credit Agreement 2014 [Member] | Maximum [Member] | June 30, 2015 to March 28, 2016 [Member]
Debt Instrument, Covenant, Fixed Charge Coverage Ratio		2.25
Credit Agreement 2014 [Member] | Maximum [Member] | June 28, 2016 to January 2, 2017 [Member]
Debt Instrument, Covenant, Fixed Charge Coverage Ratio		2.75
Credit Agreement 2014 [Member] | Maximum [Member] | January 3, 2017 to July 3, 2017 [Member]
Debt Instrument, Covenant, Fixed Charge Coverage Ratio		3
Credit Agreement 2014 [Member] | Maximum [Member] | July 4, 2017 to April 2, 2018 [Member]
Debt Instrument, Covenant, Fixed Charge Coverage Ratio		3.25
Credit Agreement 2014 [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate	7.00%
Credit Agreement 2014 [Member] | Base Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	6.00%
Revolving Credit Facility 2014 [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 30,000,000
Line of Credit Facility, Commitment Fee Percentage		0.50%
Term Loan 2014 [Member]
Debt Instrument, Periodic Payment, Principal	$ 412,500			$ 294,886
Repayments of Long-term Debt				$ 46,500,000
Debt Instrument, Interest Rate, Stated Percentage		8.10%		8.10%
Debt Instrument, Maturity Date	Feb. 13, 2019
New Revolving Credit Facility, Expiring April 2018 [Member]
Letters of Credit Outstanding, Amount		$ 12,100,000		$ 12,100,000
Revolving Credit Facility [Member]
Debt Instrument, Maturity Date	Feb. 13, 2019

Note 4 - Debt Obligations - Sum

Note 4 - Debt Obligations - Summary of Debt Obligations (Details) - USD ($) $ in Thousands	Apr. 03, 2017	Jan. 02, 2017
Less unamortized debt discount and loan costs	$ 2,064	$ 2,315
Total debt, net of debt discount and loan costs	131,187	118,986
Less current portion	131,187	1,180
Long-term debt obligations		117,806
Term Loan 2014 [Member]
Term loan, due February 2019	115,301	115,301
Revolving Credit Facility, Expiring February 2019 [Member]
Revolving credit facility, expiring February 2019	$ 17,950	$ 6,000

Note 5 - Net Loss Per Share (De

Note 5 - Net Loss Per Share (Details Textual) - shares shares in Thousands	3 Months Ended
	Apr. 03, 2017	Mar. 28, 2016
Stock Appreciation Rights (SARs) [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	653	880
Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	268	388

Note 5 - Net Loss Per Share - C

Note 5 - Net Loss Per Share - Components to Determine Numerator and Denominators of Basic and Diluted Net Income (Loss) Per Share (Details) - shares shares in Thousands	3 Months Ended
	Apr. 03, 2017	Mar. 28, 2016
Denominator:
Basic weighted average shares outstanding (in shares)	25,888	25,776
Effect of dilutive securities (in shares)
Diluted weighted average shares outstanding (in shares)	25,888	25,776

Note 7 - Income Taxes (Details

Note 7 - Income Taxes (Details Textual) - USD ($) $ in Millions	3 Months Ended
	Apr. 03, 2017	Mar. 28, 2016
Continuing Operations [Member]
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount	$ 2.8	$ 0.5

Note 8 - Segment Information -

Note 8 - Segment Information - Reportable Segments (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 03, 2017	Mar. 28, 2016
Revenues	$ 95,127	$ 117,899
Income (loss) from operations	(3,349)	1,491
Depreciation and amortization	4,629	6,026
Capital expenditures	283	6,496
Joes Crab Shack [Member]
Revenues	76,140	96,229
Income (loss) from operations	1,927	5,455
Depreciation and amortization	3,234	4,505
Capital expenditures	218	925
Brick House Tavern and Tap [Member]
Revenues	18,987	21,670
Income (loss) from operations	1,171	786
Depreciation and amortization	1,177	1,241
Capital expenditures	51	5,292
Corporate Segment [Member]
Income (loss) from operations	(6,447)	(4,750)
Depreciation and amortization	218	280
Capital expenditures	$ 14	$ 279

Note 8 - Segment Information 29

Note 8 - Segment Information - Reportable Segments, Assets (Details) - USD ($) $ in Thousands	Apr. 03, 2017	Jan. 02, 2017	Mar. 28, 2016
Property and equipment, net	$ 124,809	$ 129,324	$ 171,785
Intangible assets, net	4,455		5,037
Joes Crab Shack [Member]
Property and equipment, net	79,825		118,869
Intangible assets, net	2,576		3,123
Brick House Tavern and Tap [Member]
Property and equipment, net	42,915		50,245
Intangible assets, net	1,873		1,905
Corporate Segment [Member]
Property and equipment, net	2,069		2,671
Intangible assets, net	$ 6		$ 9