| Industries |
|---|
| Construction and Engineering |
| Construction Materials |
| Construction and Farm Machinery and Heavy Trucks |
| Restaurants |
| Consumer Discretionary |
| Investment Banking and Brokerage |
| Asset Management and Custody Banks |
| Exposures |
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| Express intent |
| Military |
| Intelligence |
| Regime |
| Rights |
| Provide |
| Event Codes |
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| Sports contest |
| Solicit support |
| Release or return |
| Agree |
| Yield to order |
| Reward |
| Force |
| Yield |
| Military blockade |
| Warn |
| Wiki | Wiki Summary |
|---|---|
| List of restaurants owned or operated by Gordon Ramsay | Gordon Ramsay is a British chef, restaurateur, writer, television personality and food critic. Ramsay founded his global restaurant chain, Gordon Ramsay Restaurants, in 1997. |
| Darden Restaurants | Darden Restaurants, Inc. is an American multi-brand restaurant operator headquartered in Orlando. |
| The World's 50 Best Restaurants | The World's Best 50 Restaurants is a list produced by UK media company William Reed Business Media, which originally appeared in the British magazine Restaurant, based on a poll of international chefs, restaurateurs, gourmands and restaurant critics. In addition to the main ranking, the organisation awards a series of special prizes for individuals and restaurants, including the One To Watch award, the Lifetime Achievement Award and the Chefs' Choice Award, the latter based on votes from the fifty head chefs from the restaurants on the previous year's list. |
| Minimum wage | A minimum wage is the lowest remuneration that employers can legally pay their employees—the price floor below which employees may not sell their labor. Most countries had introduced minimum wage legislation by the end of the 20th century. |
| Types of restaurants | Restaurants fall into several industry classifications, based upon menu style, preparation methods and pricing, as well as the means by which the food is served to the customer.\n\n\n== Origin of categories ==\nHistorically, restaurant referred only to places that provided tables where one ate while seated, typically served by a waiter. |
| Chain store | A chain store or retail chain is a retail outlet in which several locations share a brand, central management, and standardized business practices. They have come to dominate the retail and dining markets, and many service categories, in many parts of the world. |
| Materials science | The interdisciplinary field of materials science covers the design and discovery of new materials, particularly solids. The field is also commonly termed materials science and engineering emphasizing engineering aspects of building useful items, and materials physics, which emphasizes the use of physics to describe material properties. |
| Building material | Building material is material used for construction. Many naturally occurring substances, such as clay, rocks, sand, wood, and even twigs and leaves, have been used to construct buildings. |
| Time and materials | Time and materials (T&M) is a standard phrase in a contract for construction, product development or any other piece of work in which the employer agrees to pay the contractor based upon the time spent by the contractor's employees and subcontractors employees to perform the work, and for materials used in the construction (plus the contractor's mark up on the materials used), no matter how much work is required to complete construction. Time and materials is generally used in projects in which it is not possible to accurately estimate the size of the project, or when it is expected that the project requirements would most likely change.This is opposed to a fixed-price contract in which the owner agrees to pay the contractor a lump sum for fulfillment of the contract no matter what the contractors pay their employees, sub-contractors and suppliers. |
| Strength of materials | The field of strength of materials, also called mechanics of materials, typically refers to various methods of calculating the stresses and strains in structural members, such as beams, columns, and shafts. The methods employed to predict the response of a structure under loading and its susceptibility to various failure modes takes into account the properties of the materials such as its yield strength, ultimate strength, Young's modulus, and Poisson's ratio. |
| Adverse | Adverse or adverse interest, in law, is anything that functions contrary to a party's interest. This word should not be confused with averse. |
| Adverse (film) | Adverse is a 2020 American crime thriller film written and directed by Brian Metcalf and starring Thomas Nicholas, Lou Diamond Phillips, Sean Astin, Kelly Arjen, Penelope Ann Miller, and Mickey Rourke. It premiered at the Fantasporto Film Festival, Portugal's largest film festival, on February 28, 2020. |
| Adverse party | An adverse party is an opposing party in a lawsuit under an adversary system of law. In general, an adverse party is a party against whom judgment is sought or "a party interested in sustaining a judgment or decree." For example, the adverse party for a defendant is the plaintiff. |
| Anthony Adverse | Anthony Adverse is a 1936 American epic historical drama film directed by Mervyn LeRoy and starring Fredric March and Olivia de Havilland. The screenplay by Sheridan Gibney draws elements of its plot from eight of the nine books in Hervey Allen's historical novel, Anthony Adverse. |
| Hostile witness | A hostile witness, also known as an adverse witness or an unfavorable witness, is a witness at trial whose testimony on direct examination is either openly antagonistic or appears to be contrary to the legal position of the party who called the witness. This concept is used in the legal proceedings in the United States, and analogues of it exist in other legal systems in Western countries. |
| Operating cash flow | In financial accounting, operating cash flow (OCF), cash flow provided by operations, cash flow from operating activities (CFO) or free cash flow from operations (FCFO), refers to the amount of cash a company generates from the revenues it brings in, excluding costs associated with long-term investment on capital items or investment in securities. Operating activities include any spending or sources of cash that’s involved in a company’s day-to-day business activities. |
| Net present value | The net present value (NPV) or net present worth (NPW) applies to a series of cash flows occurring at different times. The present value of a cash flow depends on the interval of time between now and the cash flow. |
| Cash-flow diagram | A cash-flow diagram is a financial tool used to represent the cashflows associated with a security, "project", or business.\nAs per the graphics, cash flow diagrams are widely used in structuring and analyzing securities, particularly swaps. |
| Financial condition report | In accounting, a financial condition report (FCR) is a report on the solvency condition of an insurance company that takes into account both the current financial status, as reflected in the balance sheet, and an assessment of the ability of the company to survive future risk scenarios. Risk assessment in an FCR involves dynamic solvency testing, a type of dynamic financial analysis that simulates management response to risk scenarios, to test whether a company could remain solvent in the face of deteriorating economic conditions or major disasters. |
| Balance sheet | In financial accounting, a balance sheet (also known as statement of financial position or statement of financial condition) is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity. Assets, liabilities and ownership equity are listed as of a specific date, such as the end of its financial year. |
| Financial statement | Financial statements (or financial reports) are formal records of the financial activities and position of a business, person, or other entity.\nRelevant financial information is presented in a structured manner and in a form which is easy to understand. |
| Financial law | Financial law is the law and regulation of the insurance, derivatives, commercial banking, capital markets and investment management sectors. Understanding Financial law is crucial to appreciating the creation and formation of banking and financial regulation, as well as the legal framework for finance generally. |
| Financial analysis | Financial analysis (also referred to as financial statement analysis or accounting analysis or Analysis of finance) refers to an assessment of the viability, stability, and profitability of a business, sub-business or project. \nIt is performed by professionals who prepare reports using ratios and other techniques, that make use of information taken from financial statements and other reports. |
| Arithmetic | Arithmetic (from Ancient Greek ἀριθμός (arithmós) 'number', and τική [τέχνη] (tikḗ [tékhnē]) 'art, craft') is an elementary part of mathematics that consists of the study of the properties of the traditional operations on numbers—addition, subtraction, multiplication, division, exponentiation, and extraction of roots. In the 19th century, Italian mathematician Giuseppe Peano formalized arithmetic with his Peano axioms, which are highly important to the field of mathematical logic today. |
| Bitwise operation | In computer programming, a bitwise operation operates on a bit string, a bit array or a binary numeral (considered as a bit string) at the level of its individual bits. It is a fast and simple action, basic to the higher-level arithmetic operations and directly supported by the processor. |
| Operations research | Operations research (British English: operational research), often shortened to the initialism OR, is a discipline that deals with the development and application of advanced analytical methods to improve decision-making. It is sometimes considered to be a subfield of mathematical sciences. |
| Operation (mathematics) | In mathematics, an operation is a function which takes zero or more input values (called operands) to a well-defined output value. The number of operands (also known as arguments) is the arity of the operation. |
| California | California is a state in the Western United States. California borders Oregon to the north, Nevada and Arizona to the east, the Mexican state of Baja California to the south; and has a coastline along the Pacific Ocean to the west. |
| Southern California | Southern California (commonly shortened to SoCal) is a geographic and cultural region that generally comprises the southern portion of the U.S. state of California. It includes the Los Angeles metropolitan area, the second most populous urban agglomeration in the United States. |
| Baja California | Baja California (Spanish pronunciation: [ˈbaxa kaliˈfoɾnja] (listen); 'Lower California'), officially the Free and Sovereign State of Baja California (Spanish: Estado Libre y Soberano de Baja California) is a state in Mexico. It is the northernmost and westernmost of the 32 federal entities of Mexico. |
| The Californias | The Californias (Spanish: Las Californias), occasionally known as The Three Californias or Two Californias, are a region of North America spanning the United States and Mexico, consisting of the U.S. state of California and the Mexican states of Baja California and Baja California Sur. Historically, the term Californias was used to define the vast northwestern region of Spanish America, as the Province of the Californias (Spanish: Provincia de las Californias), and later as a collective term for Alta California and the Baja California Peninsula.Originally a single, vast entity within the Spanish Empire, as the Californias became defined in their geographical limits, their administration was split various times into Baja California (Lower California) and Alta California (Upper California), especially during the Mexican control of the region, following the Mexican War of Independence. |
| California Gold Rush | The California Gold Rush (1848–1855) was a gold rush that began on January 24, 1848, when gold was found by James W. Marshall at Sutter's Mill in Coloma, California. The news of gold brought approximately 300,000 people to California from the rest of the United States and abroad. |
| Risk Factors |
|---|
| CALIFORNIA PIZZA KITCHEN INC Item 1A Risk Factors Our growth strategy requires us to open new restaurants at a measured pace |
| We are pursuing a disciplined growth strategy which to be successful, depends on our ability and the ability of our franchisees and licensees to open new restaurants and to operate these new restaurants on a profitable basis |
| The success of our planned expansion will be dependent upon numerous factors, many of which are beyond our control; including the hiring, training and retention of qualified operating personnel, especially managers; identification and availability of suitable restaurant sites; competition for restaurant sites; negotiation of favorable lease terms; timely development of new restaurants, including the availability of construction materials and labor; management of construction and development costs of new restaurants; securing required governmental approvals and permits; competition in our markets; and general economic conditions |
| Our success depends on our ability to locate a sufficient number of suitable new restaurant sites |
| One of our biggest challenges in meeting our growth objectives will be to secure an adequate supply of suitable new restaurant sites |
| We have experienced delays in opening some of our restaurants and may experience delays in the future |
| There can be no assurance that we will be able to find sufficient suitable locations for our planned expansion in any future period |
| Delays or failures in opening new restaurants could materially adversely affect our business, financial condition, operating results or cash flows |
| We could face labor shortages, which could slow our growth |
| Our success depends, in part, upon our ability to attract, motivate and retain a sufficient number of qualified employees, including restaurant managers, kitchen staff and servers, necessary to keep pace with our expansion schedule |
| Qualified individuals of the requisite caliber and number needed to fill these positions are in short supply in some areas |
| Although we have not experienced any significant problems in recruiting or retaining employees, any future inability to recruit and retain sufficient individuals may delay the planned openings of new restaurants |
| Any such delays or any material increases in employee turnover rates in existing restaurants could have a material adverse effect on our business, financial condition, operating results or cash flows |
| Additionally, competition for qualified employees could require us to pay higher wages to attract a sufficient number of employees, which could result in higher labor costs |
| Our expansion into new markets may present increased risks due to our unfamiliarity with the area |
| As a part of our expansion strategy, we will be opening restaurants in markets in which we have no prior operating experience |
| These new markets may have different competitive conditions, consumer tastes and discretionary spending patterns than our restaurants in our existing markets |
| In addition, our new restaurants will typically take several months to reach budgeted operating levels due to problems associated with new restaurants, including lack of market awareness, inability to hire sufficient staff and other factors |
| Although we have attempted to mitigate these factors by paying careful attention to training and staffing needs, there can be no assurance that we will be successful in operating new restaurants on a profitable basis |
| Our expansion may strain our infrastructure, which could slow our restaurant development |
| We also face the risk that our existing systems and procedures, restaurant management systems, financial controls, and information systems will be inadequate to support our planned expansion |
| We cannot predict whether we will be able to respond on a timely basis to all of the changing demands that our planned expansion will impose on management and these systems and controls |
| If we fail to continue to improve our information systems and financial controls or to manage other factors necessary for us to achieve our expansion objectives, our business, financial condition, operating results or cash flows could be materially adversely affected |
| 11 ______________________________________________________________________ [36]Table of Contents Our restaurant expansion strategy focuses primarily on further penetrating existing markets |
| This strategy can cause sales in some of our existing restaurants to decline |
| In accordance with our expansion strategy, we intend to open new restaurants primarily in our existing markets |
| Since we typically draw customers from a relatively small radius around each of our restaurants, the sales performance and customer counts for restaurants near the area in which a new restaurant opens may decline due to cannibalization of the existing restaurant’s customer base |
| Our operations are susceptible to changes in food and supply costs, which could adversely affect our margins |
| Our profitability depends, in part, on our ability to anticipate and react to changes in food and supply costs |
| Our centralized purchasing staff negotiates prices for all of our ingredients and supplies through either contracts (terms of one month up to one year) or commodity pricing formulas |
| Our national master distributor delivers goods twice a week at a set, flat fee per case to all of our restaurants |
| Our contract with our national master distributor, Meadowbrook Meat Company, Inc, is up for renewal in July 2007 |
| Furthermore, various factors beyond our control, including adverse weather conditions and governmental regulations, could also cause our food and supply costs to increase |
| We cannot predict whether we will be able to anticipate and react to changing food and supply costs by adjusting our purchasing practices |
| A failure to do so could adversely affect our operating results or cash flows |
| Changes in consumer preferences or discretionary consumer spending or negative publicity could adversely impact our results |
| Our restaurants feature pizzas, pastas, salads and appetizers in an upscale, family-friendly, casual environment |
| Our continued success depends, in part, upon the popularity of these foods and this style of informal dining |
| Shifts in consumer preferences away from this cuisine or dining style could materially adversely affect our future profitability |
| Also, our success depends to a significant extent on numerous factors affecting discretionary consumer spending, including economic conditions, disposable consumer income and consumer confidence |
| Adverse changes in these factors could reduce customer traffic or impose practical limits on pricing, either of which could materially adversely affect our business, financial condition, operating results or cash flows |
| Like other restaurant chains, we can also be materially adversely affected by negative publicity concerning food quality, illness, injury, publication of government or industry findings concerning food products served by us, or other health concerns or operating issues stemming from one restaurant or a limited number of restaurants |
| Forty percent of our US based restaurants are located in California |
| As a result, we are highly sensitive to negative occurrences in that state |
| Together with our franchisees, we currently operate a total of 72 restaurants in California (67 are company-owned and five are owned by franchisees) |
| As a result, we are particularly susceptible to adverse trends and economic conditions in California |
| In addition, given our geographic concentration, negative publicity regarding any of our restaurants in California could have a material adverse effect on our business and operations, as could other regional occurrences such as local strikes, earthquakes or other natural disasters |
| Increases in the minimum wage may have a material adverse effect on our business and financial results |
| A number of our employees are subject to various minimum wage requirements |
| The federal minimum wage has remained at dlra5dtta15 per hour since September 1, 1997 |
| However, 40dtta0prca of our US based restaurants are located in California where employees receive compensation equal to the California minimum wage, which rose from dlra6dtta25 per hour effective January 1, 2001 to dlra6dtta75 per hour effective January 1, 2002 |
| During 2005, Florida, New Jersey, Illinois and Minnesota increased their minimum wage to dlra6dtta15, dlra6dtta15, dlra6dtta50 and dlra6dtta15, respectively |
| There may be similar increases implemented in other jurisdictions in which we operate or seek to operate |
| The possibility exists that the federal or California state minimum wage will be increased in the near future |
| These minimum wage increases may have a material adverse effect on our business, financial condition, results of operations or cash flows |
| 12 ______________________________________________________________________ [37]Table of Contents Rising insurance costs could negatively impact profitability |
| The rising cost of insurance (workers’ compensation insurance, general liability insurance, health insurance and directors and officers’ liability insurance) could have a negative impact on our profitability if we are not able to negate the effect of such increases by continuing to improve our operating efficiencies |
| Compliance with changing regulation of corporate governance and public disclosure may result in additional expense |
| Keeping abreast of, and in compliance with, changing laws, regulations and standards relating to corporate governance and public disclosure, including the Sarbanes-Oxley Act of 2002, new SEC regulations and Nasdaq Stock Market rules, has required an increased amount of management attention and external resources |
| We remain committed to maintaining high standards of corporate governance and public disclosure |
| As a result, we intend to invest all reasonably necessary resources to comply with evolving standards, and this investment may result in increased general and administrative expenses and a diversion of management time and attention from revenue-generating activities to compliance activities |
| The restaurant industry is affected by litigation and publicity concerning food quality, health and other issues, which can cause customers to avoid our restaurants and result in liabilities |
| We are sometimes the subject of complaints or litigation from customers or employees alleging illness, injury or other food quality, health or operational concerns |
| Adverse publicity resulting from these allegations may materially adversely affect our restaurants, regardless of whether the allegations are valid or whether California Pizza Kitchen is liable |
| In fact, we are subject to the same risks of adverse publicity resulting from these sorts of allegations even if the claim involves one of our franchisees or licensees |
| Further, employee claims against us based on, among other things, wage discrimination, harassment or wrongful termination may divert financial and management resources that would otherwise be used to benefit the future performance of our operations |
| We have been subject to these employee claims before, and a significant increase in the number of these claims or any increase in the number of successful claims could materially adversely affect our business, financial condition, operating results or cash flows |
| We also are subject to some states’ “dram shop” statutes |
| These statutes generally provide a person injured by an intoxicated person the right to recover damages from an establishment that wrongfully served alcoholic beverages to the intoxicated person |
| Future changes in financial accounting standards may cause adverse unexpected operating results and affect our reported results of operations |
| A change in accounting standards can have a significant effect on our reported results and may affect our reporting of transactions before the change is effective |
| New pronouncements and varying interpretations of pronouncements have occurred and may occur in the future |
| Changes to existing accounting rules or the questioning of current accounting practices may adversely affect our reported financial results |