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Ignite Restaurant Gp (IRG)

Ignite Restaurant Gp (IRG)
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Ignite Restaurant Group, Inc. operates two restaurant businesses, Joe's Crab Shack and Brick House Tavern+Tap. Each of its restaurant businesses offers a variety of high-quality food in a distinctive, casual, high-energy atmosphere. Joe's Crab Shack and Brick House Tavern+Tap operate in a diverse set of markets across the United States. Currently it owns and operates approximately 122 Joe's Crab Shack and 16 Brick House restaurants in 31 states. Brick House Tavern+Tap is a casual restaurant business that provides guests a differentiated "gastro pub" experience by offering a distinctive blend of menu items in a polished setting. Brick House seeks to strike a balance between providing guests with an elevated experience while also appealing to "every-man, every-day." Joe's Crab Shack is an established, national chain of casual seafood restaurants. Joe's serves a variety of high-quality seafood items, with an emphasis on crab. Joe's is a high-energy, family-friendly restaurant that encourages guests to "roll up your sleeves and crack into some crab."
(Values in U.S. Thousands) Dec, 2015 Dec, 2014 Dec, 2013 Dec, 2012 Dec, 2011
Sales 492,040 837,190 760,850 465,060 405,240
Sales Growth -41.23% +10.03% +63.60% +14.76% +15.35%
Net Income -46,370 -53,550 -6,590 8,710 12,060
Net Income Growth +13.41% -712.59% -175.66% -27.78% +24.33%
(Values in U.S. Thousands) Dec, 2015 Dec, 2014 Dec, 2013 Dec, 2012 Dec, 2011
Total Assets 207,370 327,720 347,080 201,440 177,830
Total Assets Growth -36.72% -5.58% +72.30% +13.28% unch
Total Liabilities 200,760 276,420 245,480 95,220 162,030
Total Liabilities Growth -27.37% +12.60% +157.80% -41.23% unch
(Values in U.S. Thousands) Dec, 2015 Dec, 2014 Dec, 2013 Dec, 2012 Dec, 2011
Operating Cash Flow 28,050 16,960 16,920 40,630 32,270
Operating Cash Flow Growth +65.39% +0.24% -58.36% +25.91% -14.34%
Net Cash Flow -12,750 17,300 -5,960 3,200 -8,840
Change in Net Cash Flow -173.70% +390.27% -286.25% +136.20% -216.47%
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