XML 31 R77.htm IDEA: XBRL DOCUMENT v2.4.0.6
Net Income (Loss) Per Share (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]                      
Net income (loss) $ 18,819 [1] $ 60,573 [1] $ 16,938 [1] $ 31,344 [1] $ 28,620 [1] $ 16,525 [1] $ 348 [1],[2] $ 29,699 [1] $ 127,674 $ 75,192 $ (2,788)
Less: Net (income) loss allocated to unvested participating restricted stock                 2,718 1,886 (1,173)
Net income (loss) available to common stockholders - basic                 122,458 70,733 (29,974)
Effect of unvested participating restricted stock                 127 34 0
Numerator - net income available to common shareholders - diluted                 125,083 70,767 (29,974)
Weighted average outstanding shares of common stock - basic                 17,992,000 17,846,000 17,240,000
Weighted average outstanding shares of common stock - diluted                 18,877,000 18,185,000 17,240,000
Net income (loss) per common share - Basic $ 0.98 [3] $ 3.26 [3] $ 0.89 [3] $ 1.69 [3] $ 1.55 [3] $ 0.86 [3] $ (0.02) [2],[3] $ 1.59 [3] $ 6.81 $ 3.96 $ (1.74)
Net income (loss) per common share - Diluted $ 0.97 [3] $ 3.14 [3] $ 0.88 [3] $ 1.64 [3] $ 1.51 [3] $ 0.85 [3] $ (0.02) [2],[3] $ 1.53 [3] $ 6.63 $ 3.89 $ (1.74)
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount                   643,000 992,600
Stock Options
                     
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]                      
Effect of dilutive securities, stock options (in shares)                 264,000 339,000 0
Series A Preferred Stock
                     
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]                      
Less: Series A preferred stock dividends                 0 0 (25,927)
Series B Convertible Preferred Stock
                     
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]                      
Less: Accretion of Series B preferred stock                 (2,498) (2,573) (2,432)
Effect of dilutive securities, convertible Series B preferred stock                 2,498 0 0
Effect of dilutive securities, convertible Series B preferred stock (in shares)                 621,000 0 0
Common Stock
                     
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]                      
Weighted average outstanding shares of common stock - basic                 17,992,000 17,846,000 17,240,000
Weighted average outstanding shares of common stock - diluted                 18,877,000 18,185,000 17,240,000
Restricted Stock
                     
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]                      
Less: Net (income) loss allocated to unvested participating restricted stock                 $ (2,718) $ (1,886) $ 1,173
[1] Net income (loss) was impacted by gains on disposition of assets (primarily the refranchising and sale of related restaurant assets of Applebee's company-operated restaurants) of $16.7 million in the first quarter of 2012, $73.6 million in the third quarter of 2012, $13.0 million in the fourth quarter of 2012, $23.8 million in the first quarter of 2011 and $22.0 million in the fourth quarter of 2011.
[2] The net income and net loss per share were significantly impacted by approximately $21 million of charges related to the termination of the sublease for the Applebee's Restaurant Support Center in Lenexa, Kansas in the 2nd quarter of 2011.
[3] The quarterly amounts may not add to the full year amount as each quarterly calculation is discrete from the full-year calculation.