TTM20162015201420132012
Restaurant-level operating margin18.7%18.7%17.3%17.6%17.9%18.4%
Restaurant-level operating margin growth (bps)95134-30-26-5237
Operating margin8.2%8.6%8.0%8.2%8.4%8.7%
Operating margin growth (bps)2464-25-17-3316
Net profit margin5.6%5.8%5.4%5.5%5.7%5.6%
Net profit margin growth (bps)2245-14-152-13

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