TTM20172016201520142013
Restaurant-level operating margin14.9%15.5%20.2%21.3%20.7%20.6%
Restaurant-level operating margin growth (bps)-442-471-11459-18-145
Operating margin-0.6%0.0%4.0%2.9%1.9%2.8%
Operating margin growth (bps)-409-394106103-93-317
Net profit margin7.6%6.0%11.7%-1.8%3.6%18.6%
Net profit margin growth (bps)381-5731,354-547-1,4931,564

Notes:Restaurant-level operating margin represents restaurant-level operating income, which equals company-operated restaurants sales minus company-operated restaurant costs, which includes cost of goods sold (food, beverage and packaging), labor, occupancy and other operating costs, expressed as a % of company-operated restaurant sales