Annual report pursuant to Section 13 and 15(d)

Quarterly Results of Operations (unaudited)

v2.4.0.6
Quarterly Results of Operations (unaudited)
 12 Months Ended
Dec. 30, 2012
Quarterly Results of Operations (unaudited)  
Quarterly Results of Operations (unaudited)

18. Quarterly Results of Operations (unaudited)

        The following tables summarize the unaudited consolidated quarterly financial information for 2012 and 2011 (in thousands, except per share data):

 
   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  

 

 
   Q1
(16 weeks)		   Q2
(12 weeks)		   Q3(1)
(12 weeks)		   Q4(2)
(12 weeks)		   2011
(52 weeks)		  

Total revenues

   $ 286,830   $ 215,795   $ 206,244   $ 205,981   $ 914,850  

Income from operations

   $ 11,195   $ 9,070   $ 3,256   $ 4,479   $ 28,001  

Net income

   $ 8,708   $ 6,894   $ 2,069   $ 2,905   $ 20,577  

Basic earnings per share

   $ 0.56   $ 0.45   $ 0.14   $ 0.20   $ 1.36  

Diluted earnings per share

   $ 0.56   $ 0.44   $ 0.14   $ 0.20   $ 1.34  
(1)
During the third quarter of fiscal 2011, it was determined that one Company-owned restaurant was impaired. The Company recognized a pre-tax non-cash impairment charge of $1.9 million for this restaurant.

(2)
During the fourth quarter of fiscal 2011, it was determined that two Company-owned restaurant were impaired. The Company recognized a pre-tax non-cash impairment charge of $2.4 million for these restaurants.