Ignite Restaurant Group Inc (IRGT) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
10555 RICHMOND AVENUE HOUSTON, TX 77042 |
| State of Incorp. | |
| 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)
| 3/31/2017 MRQ | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 430 | 7,817 | 18,273 | 972 | 6,929 | |||
| Cash and cash equivalent | 430 | 7,817 | 18,273 | 972 | 6,929 | |||
| Receivables | 5,195 | 3,385 | 12,713 | 14,565 | 6,285 | |||
| Inventory, net of allowances, customer advances and progress billings | 3,845 | 5,272 | 9,319 | 9,836 | 4,841 | |||
| Inventory | 3,845 | 5,272 | 9,319 | 9,836 | 4,841 | |||
| Prepaid expense | 7,173 | 10,101 | ✕ | |||||
| Other current assets | 3,736 | 4,677 | 11,936 | 16,337 | ✕ | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | 4,625 | ||
| Deferred tax assets | 1,357 | 3,344 | 1,615 | |||||
| Other undisclosed current assets | (8,530) | (13,445) | ||||||
| Total current assets: | 13,206 | 21,151 | 52,241 | 41,710 | 24,295 | |||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 129,324 | 176,307 | 235,954 | 248,507 | 165,746 | |||
| Intangible assets, net (including goodwill) | 4,464 | 5,482 | 28,979 | 36,277 | 4,255 | |||
| Goodwill | 6,402 | |||||||
| Intangible assets, net (excluding goodwill) | 4,464 | 5,482 | 28,979 | 29,875 | 4,255 | |||
| Deferred costs | 1,702 | |||||||
| Other noncurrent assets | 1,422 | 4,431 | 10,546 | 9,912 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | 2,897 | ||
| Deferred tax assets, net | (4,258) | 10,678 | 5,043 | |||||
| Other undisclosed noncurrent assets | 4,258 | (2,500) | ||||||
| Total noncurrent assets: | 135,210 | 186,220 | 275,479 | 305,374 | 177,143 | |||
| TOTAL ASSETS: | 148,416 | 207,371 | 327,720 | 347,084 | 201,438 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 41,338 | 49,938 | 100,373 | 93,112 | 49,406 | |||
| Interest and dividends payable | 1,865 | |||||||
| Taxes payable | 8,331 | 8,615 | 4,345 | |||||
| Employee-related liabilities | 13,287 | 7,910 | ||||||
| Accounts payable | 11,885 | 18,406 | 25,381 | 35,238 | 14,083 | |||
| Accrued liabilities | 29,453 | 31,532 | 51,509 | 49,259 | 23,068 | |||
| Debt | 1,180 | 1,621 | 1,650 | 2,998 | ||||
| Other undisclosed current liabilities | (23,483) | (8,615) | (12,255) | |||||
| Total current liabilities: | 42,518 | 51,559 | 78,540 | 87,495 | 37,151 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation, including: | 117,806 | 125,301 | 161,052 | 128,984 | 45,000 | |||
| Long-term debt, excluding current maturities | 117,806 | 125,301 | 161,052 | |||||
| Other undisclosed long-term debt and lease obligation | 128,984 | 45,000 | ||||||
| Liabilities, other than long-term debt | 24,532 | 23,898 | 36,829 | 29,279 | 13,070 | |||
| Deferred revenue and credits | 17,788 | 20,193 | 24,256 | 19,548 | 11,744 | |||
| Restructuring reserve | 281 | |||||||
| Other liabilities | 6,744 | 3,705 | 12,573 | 9,450 | 1,326 | |||
| Other undisclosed noncurrent liabilities | (281) | |||||||
| Total noncurrent liabilities: | 142,338 | 149,199 | 197,881 | 157,982 | 58,070 | |||
| Total liabilities: | 184,856 | 200,758 | 276,421 | 245,477 | 95,221 | |||
| Equity | ||||||||
| Equity, attributable to parent | (36,440) | 6,613 | 51,299 | 101,607 | 106,217 | |||
| Common stock | 259 | 258 | 257 | 256 | 256 | |||
| Additional paid in capital | 93,928 | 92,621 | 90,943 | 87,703 | 85,728 | |||
| Retained earnings (accumulated deficit) | (130,627) | (86,266) | (39,901) | 13,648 | 20,233 | |||
| Total equity: | (36,440) | 6,613 | 51,299 | 101,607 | 106,217 | |||
| TOTAL LIABILITIES AND EQUITY: | 148,416 | 207,371 | 327,720 | 347,084 | 201,438 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 450,279 | 492,044 | 837,185 | 760,848 | 465,056 | ||
| Cost of revenue | (326,524) | (341,388) | (583,880) | (514,030) | (300,463) | ||
| Cost of product and service sold | (281,084) | (296,479) | (510,390) | (460,892) | (272,782) | ||
| Gross profit: | 123,755 | 150,656 | 253,305 | 246,818 | 164,593 | ||
| Operating expenses | (156,027) | (159,022) | (274,959) | (261,711) | (143,963) | ||
| Operating income (loss): | (32,272) | (8,366) | (21,654) | (14,893) | 20,630 | ||
| Interest and debt expense | (300) | (1,663) | (3,121) | (500) | (3,300) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (11,548) | (15,128) | (9,435) | (3,585) | (6,865) | ||
| Income (loss) from continuing operations before income taxes: | (44,120) | (25,157) | (34,210) | (18,978) | 10,465 | ||
| Income tax expense (benefit) | (241) | 308 | (19,339) | 12,393 | (1,751) | ||
| Income (loss) from continuing operations: | (44,361) | (24,849) | (53,549) | (6,585) | 8,714 | ||
| Income (loss) before gain (loss) on sale of properties: | (44,361) | (24,849) | (53,549) | (6,585) | 8,714 | ||
| Net income (loss) attributable to parent: | (44,361) | (24,849) | (53,549) | (6,585) | 8,714 | ||
| Other undisclosed net loss available to common stockholders, basic | (21,516) | ||||||
| Net income (loss) available to common stockholders, diluted: | (44,361) | (46,365) | (53,549) | (6,585) | 8,714 | ||
Comprehensive Income ($ in thousands)
| 3/31/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | (44,361) | (24,849) | (53,549) | (6,585) | 8,714 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (44,361) | (24,849) | (53,549) | (6,585) | 8,714 | ||
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.