Ignite Restaurant Group Inc (IRGT) financial statements (2021 and earlier)

Company profile

Business Address 10555 RICHMOND AVENUE
HOUSTON, TX 77042
State of Incorp.
Fiscal Year End December 31
SIC 5812 - Eating Places (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments081817
Cash and cash equivalents081817
Receivables5313156
Inventory, net of allowances, customer advances and progress billings459105
Inventory459105
Prepaid expense  710
Prepaid expense and other current assets5
Deferred tax assets  132
Other current assets451216
Other undisclosed current assets  (9)(13) 
Total current assets:1321524224
Noncurrent Assets
Property, plant and equipment129176236249166
Intangible assets, net (including goodwill)4529364
Goodwill   6 
Intangible assets, net (excluding goodwill)4529304
Deferred costs    2
Other noncurrent assets141110
Prepaid expense and other noncurrent assets3
Deferred tax assets, net  (4)115
Other undisclosed noncurrent assets  4 (3)
Total noncurrent assets:135186275305177
TOTAL ASSETS:148207328347201
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities41501009349
Accounts payable1218253514
Accrued liabilities2932524923
Employee-related liabilities  13 8
Taxes payable  894
Interest and dividends payable  2  
Debt1223 
Other undisclosed current liabilities  (23)(9)(12)
Total current liabilities:4352798737
Noncurrent Liabilities
Long-term debt and lease obligation, including:11812516112945
Long-term debt, excluding current maturities118125161  
Other undisclosed long-term debt and lease obligation   12945
Liabilities, other than long-term debt2524372913
Deferred revenue and credits1820242012
Restructuring reserve   0 
Other liabilities741391
Other undisclosed noncurrent liabilities   (0) 
Total noncurrent liabilities:14214919815858
Total liabilities:18520127624595
Stockholders' equity
Stockholders' equity attributable to parent(36)751102106
Common stock00000
Additional paid in capital9493918886
Retained earnings (accumulated deficit)(131)(86)(40)1420
Total stockholders' equity:(36)751102106
TOTAL LIABILITIES AND EQUITY:148207328347201

Income statement (P&L) ($ in millions)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
450492837761465
Cost of revenue(327)(341)(584)(514)(300)
Cost of goods and services sold(281)(296)(510)(461)(273)
Gross profit:124151253247165
Operating expenses(156)(159)(275)(262)(144)
Operating income (loss):(32)(8)(22)(15)21
Interest and debt expense(0)(2)(3)(1)(3)
Other undisclosed loss from continuing operations before equity method investments, income taxes(12)(15)(9)(4)(7)
Income (loss) from continuing operations before income taxes:(44)(25)(34)(19)10
Income tax expense (benefit)(0)0(19)12(2)
Net income (loss) attributable to parent:(44)(25)(54)(7)9
Other undisclosed net loss available to common stockholders, basic (22)   
Net income (loss) available to common stockholders, diluted:(44)(46)(54)(7)9

Comprehensive Income ($ in millions)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income (loss):(44)(25)(54)(7)9
Comprehensive income (loss), net of tax, attributable to parent:(44)(25)(54)(7)9

Statements sources

The financial statements are based on the company's filings with the 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.

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