Del Frisco's Restaurant Group, Inc. (DFRG) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
2900 RANCH TRAIL IRVING, TX 75063 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 5812 - Eating Places (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 4,651 | 4,344 | 897 | 2,979 | 4,594 | ||||
| Cash and cash equivalent | 4,651 | 4,344 | 897 | 2,979 | 4,594 | ||||
| Receivables | 4,266 | 9,636 | 11,147 | 9,402 | 9,268 | 5,108 | |||
| Inventory, net of allowances, customer advances and progress billings | 22,613 | 22,461 | 20,668 | 18,238 | 18,115 | 18,029 | |||
| Inventory | 22,613 | 22,461 | 20,668 | 18,238 | 18,115 | 18,029 | |||
| Prepaid expense | 3,790 | 8,284 | 6,272 | 5,880 | |||||
| Other current assets | 9,652 | 9,043 | 6,871 | 3,392 | |||||
| Other undisclosed current assets | 8,535 | 6,789 | 6,272 | ||||||
| Total current assets: | 44,972 | 57,959 | 49,302 | 35,326 | 36,634 | 37,003 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | ✕ | ✕ | ✕ | ✕ | ✕ | ||||
| Property, plant and equipment | 291,107 | 287,803 | 268,162 | 201,250 | 182,695 | 175,355 | |||
| Intangible assets, net (including goodwill) | 361,865 | 362,704 | 365,661 | 99,101 | 99,133 | 99,241 | |||
| Goodwill | 156,131 | 156,131 | 159,278 | 62,157 | 62,157 | 62,241 | |||
| Intangible assets, net (excluding goodwill) | 205,734 | 206,573 | 206,383 | 36,944 | 36,976 | 37,000 | |||
| Deferred costs | 13,556 | 14,644 | |||||||
| Other noncurrent assets | 18,565 | 4,010 | 19,547 | 15,402 | 14,892 | 544 | |||
| Other undisclosed noncurrent assets | 154,268 | 2,043 | |||||||
| Total noncurrent assets: | 825,805 | 668,073 | 653,370 | 317,796 | 296,720 | 289,784 | |||
| TOTAL ASSETS: | 870,777 | 726,032 | 702,672 | 353,122 | 333,354 | 326,787 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 50,210 | 58,000 | 48,578 | 25,342 | 22,119 | 24,670 | |||
| Taxes payable | 2,773 | 3,215 | 2,512 | 1,978 | 1,700 | 3,314 | |||
| Employee-related liabilities | 12,426 | 11,258 | 10,264 | 7,342 | 7,372 | 7,415 | |||
| Accounts payable | 35,011 | 43,527 | 35,802 | 16,022 | 13,047 | 13,941 | |||
| Deferred revenue | ✕ | ✕ | ✕ | ✕ | ✕ | ||||
| Debt | 3,353 | 3,100 | 3,100 | 4,655 | |||||
| Deferred rent credit | 4,193 | 5,024 | 5,998 | ✕ | |||||
| Other liabilities | 6,638 | 6,026 | 5,064 | 4,815 | 4,385 | 9,516 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | 19,359 | 17,646 | ||
| Contract with customer, liability | ✕ | 14,848 | 16,624 | 12,640 | 13,116 | ✕ | |||
| Other undisclosed current liabilities | 29,742 | 1,714 | 1,706 | ||||||
| Total current liabilities: | 104,791 | 89,657 | 76,112 | 53,926 | 45,863 | 51,832 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 336,140 | 332,564 | 307,668 | 41,302 | 30,545 | 24,477 | |||
| Long-term debt, excluding current maturities | 336,140 | 320,736 | 297,205 | 40,476 | 29,709 | 24,477 | |||
| Capital lease obligations | ✕ | ✕ | 11,828 | 10,463 | 826 | 836 | |||
| Finance lease, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ||||
| Liabilities, other than long-term debt | 11,053 | 66,329 | 67,048 | 67,695 | 66,182 | 58,153 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | 50,411 | 44,830 | ||
| Deferred compensation liability, classified | 8,059 | 11,326 | |||||||
| Deferred rent credit | 56,442 | 54,441 | 55,010 | ✕ | |||||
| Deferred tax liabilities, net | ✕ | ✕ | 3,464 | ||||||
| Deferred income tax liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | ||||
| Other liabilities | 11,053 | 1,828 | 12,607 | 12,685 | 12,307 | 1,997 | |||
| Operating lease, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ||||
| Other undisclosed noncurrent liabilities | 214,477 | 23,900 | 30,214 | 3,238 | |||||
| Total noncurrent liabilities: | 561,670 | 422,793 | 404,930 | 108,997 | 96,727 | 85,868 | |||
| Total liabilities: | 666,461 | 512,450 | 481,042 | 162,923 | 142,590 | 137,700 | |||
| Equity | |||||||||
| Equity, attributable to parent | 204,316 | 213,582 | 221,630 | 190,199 | 190,764 | 189,087 | |||
| Common stock | 37 | 37 | 37 | 24 | 24 | 24 | |||
| Treasury stock, value | (67,823) | (67,823) | (67,823) | (67,823) | (67,823) | (67,823) | |||
| Additional paid in capital | 249,650 | 248,618 | 247,656 | 149,478 | 148,481 | 147,503 | |||
| Accumulated other comprehensive income (loss) | (1,330) | (629) | 314 | ||||||
| Retained earnings | 23,782 | 33,379 | 41,446 | 108,520 | 110,082 | 109,383 | |||
| Total equity: | 204,316 | 213,582 | 221,630 | 190,199 | 190,764 | 189,087 | |||
| TOTAL LIABILITIES AND EQUITY: | 870,777 | 726,032 | 702,672 | 353,122 | 333,354 | 326,787 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 120,381 | 123,849 | 105,304 | 90,040 | 89,303 | 121,897 | ||
| Cost of revenue | (33,292) | (34,482) | (28,749) | (25,956) | (26,154) | (35,121) | ||
| Gross profit: | 87,089 | 89,367 | 76,555 | 64,084 | 63,149 | 86,776 | ||
| Operating expenses | (80,762) | (76,464) | (69,800) | (53,906) | (54,566) | (70,137) | ||
| Other undisclosed operating loss | (18,142) | (18,853) | (20,630) | (12,715) | (7,822) | (43,969) | ||
| Operating income (loss): | (11,815) | (5,950) | (13,875) | (2,537) | 761 | (27,330) | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 13 | (277) | (484) | (50) | 1 | (1,384) | ||
| Interest and debt expense | ||||||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (7,720) | (6,956) | (24,410) | (510) | (303) | (422) | ||
| Income (loss) from continuing operations before income taxes: | (19,522) | (13,183) | (38,769) | (3,097) | 459 | (29,136) | ||
| Income tax expense (benefit) | 1,195 | 5,908 | (2,436) | 1,535 | (59) | 14,055 | ||
| Income (loss) from continuing operations: | (18,327) | (7,275) | (41,205) | (1,562) | 400 | (15,081) | ||
| Income (loss) before gain (loss) on sale of properties: | (18,327) | (8,067) | (67,074) | (1,562) | 400 | (15,081) | ||
| Loss from discontinued operations | (792) | (25,869) | ||||||
| Net income (loss) available to common stockholders, diluted: | (18,327) | (8,067) | (67,074) | (1,562) | 400 | (15,081) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (18,327) | (8,067) | (67,074) | (1,562) | 400 | (15,081) | ||
| Other comprehensive income (loss) | (701) | (943) | 314 | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | (19,028) | (9,010) | (66,760) | (1,562) | 400 | (15,081) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.