TTM20162015201420132012
Restaurant-level operating margin18.5%20.0%20.5%18.0%19.7%20.9%
Restaurant-level operating margin growth (bps)-200-44244-171-117102
Operating margin5.9%7.4%6.5%6.5%7.5%7.7%
Operating margin growth (bps)-77832-101-1846
Net profit margin4.4%5.2%4.5%4.7%5.4%3.2%
Net profit margin growth (bps)-3272-20-7322651

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