Profit After Controllables definition
Profit After Controllables means Gross Sales minus Cost of Goods Sold, Labor and Operating Expenses. Eight (62%) of the 13 Colorado Units and eight (30%) of the 27 Affiliate-Owned Units experienced results that were at or above the reported average Profit After Controllables as a percent of revenue during the relevant time period; five (38%) of the 13 Colorado Units and 19 (70%) of the 27 Affiliate-Owned Units were lower than the reported average Profit After Controllables as a percent of revenue during the relevant time period.
Profit After Controllables means, with respect to all restaurants, sales less cost of goods sold less location payroll and bonus expense less location controllable expenses.