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Condensed Consolidated Statement Of Operations (CAD)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Apr. 01, 2012
Revenues    
Sales (note 13) 523,887 523,302
Franchise revenues    
Rents and royalties 187,454 180,186
Franchise fees 20,196 17,796
Franchise Revenue, Total 207,650 197,982
Total revenues 731,537 [1] 721,284 [1]
Costs and expenses    
Cost of sales (note 13) 461,354 464,920
Operating expenses 75,733 65,925
Franchise fee costs 22,552 20,282
General and administrative expenses 38,668 41,423
Equity (income) (3,349) (3,246)
Corporate reorganization expenses (note 2) 9,475 0
Other (income) expense, net (813) 357
Total costs and expenses, net 603,620 589,661
Operating income 127,917 131,623
Interest (expense) (8,663) (7,898)
Interest income 928 711
Income before income taxes 120,182 124,436
Income taxes 33,259 34,457
Net income 86,923 89,979
Net income attributable to noncontrolling interests (note 12) 752 1,200
Net income attributable to Tim Hortons Inc. 86,171 88,779
Basic earnings per common share attributable to Tim Hortons Inc. (note 3) 0.56 0.57
Diluted earnings per common share attributable to Tim Hortons Inc. (note 3) 0.56 0.56
Weighted average number of common shares outstanding (in thousands) - Basic (note 3) 153,091 156,993
Weighted average number of common shares outstanding (in thousands) - Diluted (note 3) 153,548 157,490
Dividends per common share 0.26 0.21
[1] There are no inter-segment revenues included in the above table.