Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Sales $ 116,003 $ 55,007 $ 331,910 $ 131,440
Cost of sales 81,940 40,436 236,757 96,338
Gross profit 34,063 14,571 95,153 35,102
Operating expenses:        
Store operations 14,842 5,008 35,648 12,524
Selling, general, and administrative 11,007 4,017 28,975 15,513
Depreciation and amortization 3,539 443 8,510 1,270
Total operating expenses 29,388 9,468 73,133 29,307
Income from operations 4,675 5,103 22,020 5,795
Other income (expense):        
Other expense 78 (14) 32 (75)
Interest income 395 48 435 73
Interest expense (25) 0 (31) (20)
Total non-operating income (expense), net 448 34 436 (22)
Net income before taxes 5,123 5,137 22,456 5,773
Provision for income taxes (1,096) (1,799) (5,569) (1,955)
Net income $ 4,027 $ 3,338 $ 16,887 $ 3,818
Net income per share, basic (in dollars per share) $ 0.07 $ 0.07 $ 0.29 $ 0.09
Net income per share, diluted (in dollars per share) $ 0.07 $ 0.06 $ 0.28 $ 0.09
Weighted average shares outstanding, basic (in shares) 58,531,000 47,878,000 58,994,000 41,477,000
Weighted average shares outstanding, diluted (in shares) 59,490,000 51,626,000 60,108,000 44,224,000