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EFTA01365844

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Amendment No. 3 to Form S-I •fable of Contents Fogo de Chiio, Inc. Notes to Unaudited Condensed Consolidated Financial Statements (Continued) (iii thousands, except share and per share amounts) service style, itrv.yatitive of location. Sales from external customers arc derived principally from food and beverage sales, and the Company does not rely on any major customers as a source of sales. The Company's joint venture in Mexico is included in the United States for segment reporting purposes as the operations of the joint venture are monitored by the United States segment management. The following table presents the financial information of the Company's operating segments for the first quarter of Fiscal 2015 and the first quarter of Fiscal 2014, respectively. Thirteen Week Periods Ended March 29, 2015 March 30. 2014 Revenue United States $ 54.716 S 49.324 Brazil 10243 11.993 Dotal revenue S 64.9,9 Restaurant contribution United States S 17.633 5 15.021 Brazil 2 S'S 3.038 Total segment restaurant comnbution S 20.521 S 18.059 Capital expenditures United States(a) $ 2.535 $ 6.969 Brazil 1,526 515 Total capital expenditures(b) S 4,061 S 7.484 For the first quarter of Fiscal 2015, amount includes $903 attributable to the joint venture in Mexico. For all periods presented, amount excludes capital expenditures attributable to the Company's corporate office in the United States. Total capital expenditures includes non-cash capital expenditures included within accounts payable and accrued expenses as of the end of the period. The Company's chief operating decision maker ("CODM") evaluates segment performance using restaurant contribution, which is not a measure defined by GAAP. Restaurant contribution is a key metric used to evaluate the profitability of incremental sales at the restaurants, to evaluate restaurant performance across periods and to evaluate restaurant financial performance compared with competitors

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