TTM20162015201420132012
Restaurant-level operating margin4.4%4.0%6.3%10.2%11.7%10.5%
Restaurant-level operating margin growth (bps)-26-233-385-152117-308
Operating margin-8.0%-4.1%1.9%2.9%4.8%4.2%
Operating margin growth (bps)-463-600-105-18760-208
Net profit margin-5.7%-2.5%-3.8%2.2%3.5%3.1%
Net profit margin growth (bps)152139-603-12833-86

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