Equity Investments

9 Months Ended

Jun. 28, 2013

Equity Method Investments and Joint Ventures [Abstract]

Equity Investments

EQUITY INVESTMENTS:

The Company’s principal equity method investment is its 50% ownership interest in AIM Services Co., Ltd., a Japanese food and support services company (approximately $183.6 million and $233.4 million at June 28, 2013 and September 28, 2012, respectively, which is included in “Other Assets” in the Condensed Consolidated Balance Sheets). Summarized financial information for AIM Services Co., Ltd. follows (in thousands):

	Three Months Ended		Three Months Ended
	June 28, 2013		June 29, 2012
Sales	$	398,610	$	471,782
Gross profit	47,148		55,495
Net income	6,803		8,723

	Nine Months Ended		Nine Months Ended
	June 28, 2013		June 29, 2012
Sales	$	1,294,082	$	1,431,878
Gross profit	149,553		165,833
Net income	22,183		26,319

The period to period comparisons of the summarized financial information for AIM Services Co., Ltd., presented in U.S. dollars above, is significantly impacted by currency translation. ARAMARK’s equity in undistributed earnings of AIM Services Co., Ltd., net of amortization related to purchase accounting for the Transaction, was $2.8 million and $8.0 million for the three and nine months ended June 28, 2013, respectively. ARAMARK’s equity in undistributed earnings of AIM Services Co., Ltd., net of amortization related to purchase accounting for the Transaction, was $3.3 million and $10.0 million for the three and nine months ended June 29, 2012, respectively.