Item 6. SELECTED FINANCIAL DATA

Our selected consolidated financial data shown below should be read together with Item 7. “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and our consolidated financial statements and respective notes included in Item 8. “Financial Statements and Supplementary Data.” The data shown below are not necessarily indicative of results to be expected for any future period (dollar and share amounts in thousands, except per share data).



	Year ended December 31,
	2019		2018		2017		2016		2015
Statement of Income:
Revenue	$	5,586,369	$	4,864,985	$	4,476,412	$	3,904,384	$	4,501,223
Food, beverage and packaging costs		1,847,916		1,600,760		1,535,428		1,365,580		1,503,835
Labor costs		1,472,060		1,326,079		1,205,992		1,105,001		1,045,726
Occupancy costs		363,072		347,123		327,132		293,636		262,412
Other operating costs		760,831		680,031		651,644		641,953		514,963
General and administrative expenses		451,552		375,460		296,388		276,240		250,214
Depreciation and amortization		212,778		201,979		163,348		146,368		130,368
Pre-opening costs		11,108		8,546		12,341		17,162		16,922
Impairment, closure costs and asset disposals		23,094		66,639		13,345		23,877		13,194
Total operating expenses		5,142,411		4,606,617		4,205,618		3,869,817		3,737,634
Income from operations		443,958		258,368		270,794		34,567		763,589
Interest and other income, net		14,327		10,068		4,949		4,172		6,278
Income before income taxes		458,285		268,436		275,743		38,739		769,867
Provision for income taxes		(108,127)		(91,883)		(99,490)		(15,801)		(294,265)
Net income	$	350,158	$	176,553	$	176,253	$	22,938	$	475,602
Earnings per share:
Basic	$	12.62	$	6.35	$	6.19	$	0.78	$	15.30
Diluted	$	12.38	$	6.31	$	6.17	$	0.77	$	15.10
Weighted average common shares: outstanding
Basic		27,740		27,823		28,491		29,265		31,092
Diluted		28,295		27,962		28,561		29,770		31,494


	December 31,
	2019		2018		2017		2016		2015
Balance Sheet Data:
Total current assets	$	1,072,204	$	814,794	$	629,535	$	522,374	$	814,647
Total assets	$	5,104,604	$	2,265,518	$	2,045,692	$	2,026,103	$	2,725,066
Total current liabilities	$	666,593	$	449,990	$	323,893	$	281,793	$	279,942
Total liabilities	$	3,421,578	$	824,179	$	681,247	$	623,610	$	597,092
Total shareholders’ equity	$	1,683,026	$	1,441,339	$	1,364,445	$	1,402,493	$	2,127,974

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