Annual report pursuant to Section 13 and 15(d)

Quarterly Results of Operations (unaudited)

v2.4.0.8
Quarterly Results of Operations (unaudited)
 12 Months Ended
Dec. 29, 2013
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations (unaudited)
Quarterly Results of Operations (unaudited)
The following tables summarize the unaudited consolidated quarterly financial information for fiscal years 2013 and 2012 (in thousands, except per share data):
 
 
Q1
(16 weeks)
 
Q2
(12 weeks)
 
Q3
(12 weeks)
 
Q4 (1)(12 weeks)
 
2013
(52 weeks)
Total revenues
 
$
306,349

 
$
238,299

 
$
230,673

 
$
241,926

 
$
1,017,247

Income from operations
 
$
13,546

 
$
15,389

 
$
6,802

 
$
8,077

 
$
43,814

Net income
 
$
9,480

 
$
11,139

 
$
4,661

 
$
6,959

 
$
32,239

Basic earnings per share
 
$
0.67

 
$
0.78

 
$
0.33

 
$
0.49

 
$
2.27

Diluted earnings per share
 
$
0.66

 
$
0.77

 
$
0.32

 
$
0.48

 
$
2.22

 
 
Q1
(16 weeks)
 
Q2
(12 weeks)
 
Q3
(12 weeks)
 
Q4
(13 weeks)
 
2012
(53 weeks)
Total revenues
 
$
299,459

 
$
223,677

 
$
213,317

 
$
240,679

 
$
977,132

Income from operations
 
$
15,747

 
$
11,423

 
$
5,836

 
$
12,203

 
$
45,209

Net income
 
$
10,558

 
$
7,748

 
$
3,533

 
$
6,492

 
$
28,331

Basic earnings per share
 
$
0.72

 
$
0.53

 
$
0.25

 
$
0.46

 
$
1.97

Diluted earnings per share
 
$
0.71

 
$
0.52

 
$
0.24

 
$
0.45

 
$
1.93


___________________________________
(1)
During the fourth quarter of fiscal 2013, it was determined that four Company-owned restaurants were impaired. The Company recognized a pre-tax non-cash impairment charge of $1.5 million for these restaurants.