XML 89 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations and Comprehensive (Loss)/Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Jun. 04, 2013
Mar. 05, 2013
Dec. 04, 2012
Sep. 04, 2012
Jun. 05, 2012
Feb. 28, 2012
Nov. 29, 2011
Aug. 30, 2011
Jun. 04, 2013
Jun. 05, 2012
May 31, 2011
Revenue:                      
Restaurant sales and operating revenue                 $ 1,245,226 $ 1,306,025 $ 1,254,026
Franchise revenue                 6,261 5,738 7,147
Total revenue 316,104 307,383 300,077 327,923 357,894 320,713 304,893 328,263 1,251,487 1,311,763 1,261,173
Operating costs and expenses:                      
Cost of merchandise                 341,512 375,573 364,280
Payroll and related costs                 419,679 440,753 413,054
Other restaurant operating costs                 259,014 262,573 253,776
Depreciation                 59,122 64,144 62,597
Selling, general, and administrative, net                 138,782 120,364 92,091
Closures and impairments, net                 14,656 16,751 4,175
Goodwill and trademark impairments                 14,058 16,919 0
Equity in earnings of subsidiaries                 0 0 574
Interest expense, net                 27,117 23,312 13,508
Gains extinguishment of debt                 (519) 0 0
Total operating and costs and expenses                 1,273,421 1,320,389 1,204,055
(Loss)/income from continuing operations before income taxes (14,886) 2,701 (10,868) 1,119 (15,952) 2,805 (211) 4,732 (21,934) (8,626) 57,118
Provision (benefit) for income taxes from continuing operations 12,134 (2,015) (6,664) (1,955) (9,218) (4,064) 379 751 1,500 (12,152) 7,563
(Loss)/income from continuing operations (27,020) 4,716 (4,204) 3,074 (6,734) 6,869 (590) 3,981 (23,434) 3,526 49,555
Loss from discontinued operations, net of tax (2,120) (2,520) (10,864) (475) 918 (2,333) (1,411) (888) (15,979) (3,714) (2,677)
Net (loss)/income (29,140) 2,196 (15,068) 2,599 (5,816) 4,536 (2,001) 3,093 (39,413) (188) 46,878
Other comprehensive income/(loss):                      
Pension liability reclassification, net of tax                 3,312 (1,205) 125
Total comprehensive (loss)/income                 $ (36,101) $ (1,393) $ 47,003
Basic (loss)/earnings per share:                      
(Loss)/income from continuing operations (in dollars per share) $ (0.44) $ 0.08 $ (0.07) $ 0.05 $ (0.10) $ 0.11 $ (0.01) $ 0.06 $ (0.38) $ 0.06 $ 0.77
Loss from discontinued operations (in dollars per share) $ (0.05) $ (0.04) $ (0.17) $ (0.01) $ 0.01 $ (0.04) $ (0.02) $ (0.01) $ (0.27) $ (0.06) $ (0.04)
Net (loss)/earnings per share (in dollars per share) $ (0.49) $ 0.04 $ (0.24) $ 0.04 $ (0.09) $ 0.07 $ (0.03) $ 0.05 $ (0.65) $ 0 $ 0.73
Diluted (loss)/earnings per share:                      
(Loss)/income from continuing operations (in dollars per share) $ (0.44) $ 0.08 $ (0.07) $ 0.05 $ (0.10) $ 0.11 $ (0.01) $ 0.06 $ (0.38) $ 0.06 $ 0.76
(Loss)/income from discontinued operations (in dollars per share) $ (0.05) $ (0.04) $ (0.17) $ (0.01) $ 0.01 $ (0.04) $ (0.02) $ (0.01) $ (0.27) $ (0.06) $ (0.04)
Net (loss)/earnings per share (in dollars per share) $ (0.49) $ 0.04 $ (0.24) $ 0.04 $ (0.09) $ 0.07 $ (0.03) $ 0.05 $ (0.65) $ 0 $ 0.72
Weighted average shares:                      
Basic (in shares)                 61,040 62,916 64,029
Diluted (in shares)                 61,040 63,508 64,948