Annual report pursuant to Section 13 and 15(d)

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

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Description of Business and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 30, 2012
Description of Business and Summary of Significant Accounting Policies  
Schedule of estimated useful lives for property and equipment

 

Buildings

  5 to 20 years

Leasehold improvements

  Shorter of lease term or estimated useful life, not to exceed 20 years

Furniture, ffixtures 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 are as follows (in thousands, except per share data):

 
  2012   2011   2010  

Net income

  $ 28,331   $ 20,577   $ 7,299  
               

Basic weighted average shares outstanding

    14,411     15,122     15,536  

Dilutive effect of stock options and awards

    258     235     173  
               

Diluted weighted average shares outstanding

    14,669     15,357     15,709  
               

Earnings per share:

                   

Basic

  $ 1.97   $ 1.36   $ 0.47  
               

Diluted

  $ 1.93   $ 1.34   $ 0.46