Annual report pursuant to Section 13 and 15(d)

Description of Business and Summary of Significant Accounting Policies (Tables)

v2.4.0.8
Description of Business and Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 29, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of estimated useful lives for property and equipment
The estimated useful lives for property and equipment are:
Buildings
 
5 to 20 years
Leasehold improvements
 
Shorter of lease term or estimated useful life, not to exceed 20 years
Furniture, fixtures and equipment
 
3 to 7 years
Restaurant property leased to others
 
3 to 20 years
Schedule of computations for basic and diluted earnings per share
The computations for basic and diluted earnings per share for fiscal year ended December 29, 2013, December 30, 2012 and December 25, 2011 are as follows (in thousands, except per share data):
 
 
2013
 
2012
 
2011
Net income
 
$
32,239

 
$
28,331

 
$
20,577

Shares:
 
 
 
 
 
 
Basic weighted average shares outstanding
 
14,225

 
14,411

 
15,122

Dilutive effect of stock options and awards
 
285

 
258

 
235

Diluted weighted average shares outstanding
 
14,510

 
14,669

 
15,357

Earnings per share:
 
 
 
 
 
 
Basic
 
$
2.27

 
$
1.97

 
$
1.36

Diluted
 
$
2.22

 
$
1.93

 
$
1.34