Business Segment Information (Tables)

3 Months Ended

Mar. 28, 2017

nformation related to the Company’s three business segments is as follows (in thousands):



	For the 13 Weeks Ended
	March 28, 2017			March 29, 2016
Revenues:
Company bakery-cafe operations	$	636,012		$	598,784
Franchise operations	40,369			37,852
Fresh dough and other product operations	102,453			95,899
Intercompany sales eliminations	(51,201		)	(47,382		)
Total revenues	$	727,633		$	685,153
Segment profit:
Company bakery-cafe operations (1)	$	114,973		$	99,115
Franchise operations	38,991			36,452
Fresh dough and other product operations	7,327			6,299
Total segment profit	$	161,291		$	141,866

Depreciation and amortization	$	40,555		$	36,257
Unallocated general and administrative expenses	47,863			46,782
Pre-opening expenses	1,367			2,196
Interest expense	3,117			1,739
Other (income) expense, net	2,782			(251		)
Income before income taxes	$	65,607		$	55,143
Depreciation and amortization:
Company bakery-cafe operations	$	29,572		$	27,697
Fresh dough and other product operations	2,689			2,105
Corporate administration	8,294			6,455
Total depreciation and amortization	$	40,555		$	36,257
Capital expenditures:
Company bakery-cafe operations	$	32,874		$	34,878
Fresh dough and other product operations	2,732			5,925
Corporate administration	6,723			9,770
Total capital expenditures	$	42,329		$	50,573


(1)	Includes refranchising losses of $1.1 million for the thirteen weeks ended March 29, 2016.



	March 28, 2017		December 27, 2016
Segment assets:
Company bakery-cafe operations	$	902,279	$	942,653
Franchise operations	19,042		18,301
Fresh dough and other product operations	86,183		87,199
Total segment assets	$	1,007,504	$	1,048,153

Unallocated cash and cash equivalents	$	153,355	$	105,529
Unallocated trade and other accounts receivable	6,059		6,691
Unallocated property and equipment	119,305		117,178
Unallocated deposits and other	5,077		5,285
Other unallocated assets	8,061		18,775
Total assets	$	1,299,361	$	1,301,611