XML 35 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Operations (unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 26, 2012
Jun. 28, 2011
Jun. 26, 2012
Jun. 28, 2011
Revenues:        
Total revenues $ 530,591 $ 451,080 $ 1,029,170 $ 873,180
Bakery-cafe expenses:        
Cost of food and paper products 136,498 117,249 265,526 223,458
Labor 136,947 118,926 270,774 232,976
Occupancy 32,253 28,144 63,361 54,917
Other operating expenses 64,183 54,741 121,699 102,068
Total bakery-cafe expenses 369,881 319,060 721,360 613,419
Fresh dough and other product cost of sales to franchisees 33,046 28,625 63,191 56,649
Depreciation and amortization 22,141 19,707 43,462 38,801
General and administrative expenses 30,844 25,001 57,511 51,672
Pre-opening expenses 2,476 1,555 4,087 2,533
Total costs and expenses 458,388 393,948 889,611 763,074
Operating profit 72,203 57,132 139,559 110,106
Interest expense 202 197 412 422
Other (income) expense, net 288 (176) 726 (980)
Income before income taxes 71,713 57,111 138,421 110,664
Income taxes 27,576 21,401 53,100 42,180
Net income 44,137 35,710 85,321 68,484
Earnings Per Common Share        
Basic (in dollars per share) $ 1.51 $ 1.20 $ 2.92 $ 2.29
Diluted (in dollars per share) $ 1.50 $ 1.18 $ 2.90 $ 2.27
Weighted average shares of common and common equivalent shares outstanding:        
Weighted average number of shares outstanding - basic (in shares) 29,201 29,867 29,192 29,848
Weighted average number of shares outstanding - diluted (in shares) 29,466 30,198 29,464 30,173
Other Comprehensive Income, Net of Tax        
Foreign currency translation adjustment 56 5 28 8
Other Comprehensive Income 56 5 28 8
Comprehensive Income 44,193 35,715 85,349 68,492
Company Bakery Cafe Operations [Member]
       
Revenues:        
Total revenues 468,645 394,525 907,860 760,104
Bakery-cafe expenses:        
Depreciation and amortization 19,279 16,903 37,779 33,147
Franchise Operations [Member]
       
Revenues:        
Total revenues 24,757 23,022 49,579 45,604
Fresh dough and other product sales to franchisees [Member]
       
Revenues:        
Total revenues $ 37,189 $ 33,533 $ 71,731 $ 67,472