| Summary of Unaudited Consolidated Quarterly Financial Information |
The following tables summarize the unaudited consolidated quarterly financial information for fiscal years 2013 and 2012 (in thousands, except per share data):
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Q1
(16 weeks) |
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Q2
(12 weeks) |
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Q3
(12 weeks) |
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Q4 (1)(12 weeks)
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2013
(52 weeks) |
Total revenues |
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$ |
306,349 |
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|
$ |
238,299 |
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|
$ |
230,673 |
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$ |
241,926 |
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|
$ |
1,017,247 |
|
Income from operations |
|
$ |
13,546 |
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$ |
15,389 |
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$ |
6,802 |
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$ |
8,077 |
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$ |
43,814 |
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Net income |
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$ |
9,480 |
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$ |
11,139 |
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$ |
4,661 |
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$ |
6,959 |
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$ |
32,239 |
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Basic earnings per share |
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$ |
0.67 |
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$ |
0.78 |
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$ |
0.33 |
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$ |
0.49 |
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$ |
2.27 |
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Diluted earnings per share |
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$ |
0.66 |
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$ |
0.77 |
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$ |
0.32 |
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$ |
0.48 |
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$ |
2.22 |
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Q1
(16 weeks) |
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Q2
(12 weeks) |
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Q3
(12 weeks) |
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Q4
(13 weeks) |
|
2012
(53 weeks) |
Total revenues |
|
$ |
299,459 |
|
|
$ |
223,677 |
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|
$ |
213,317 |
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|
$ |
240,679 |
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|
$ |
977,132 |
|
Income from operations |
|
$ |
15,747 |
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|
$ |
11,423 |
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|
$ |
5,836 |
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$ |
12,203 |
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$ |
45,209 |
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Net income |
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$ |
10,558 |
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$ |
7,748 |
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$ |
3,533 |
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$ |
6,492 |
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$ |
28,331 |
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Basic earnings per share |
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$ |
0.72 |
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$ |
0.53 |
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$ |
0.25 |
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$ |
0.46 |
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$ |
1.97 |
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Diluted earnings per share |
|
$ |
0.71 |
|
|
$ |
0.52 |
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$ |
0.24 |
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$ |
0.45 |
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$ |
1.93 |
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___________________________________
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(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.
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