XML 14 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Income (unaudited) - USD ($)
shares in Thousands
3 Months Ended
Mar. 28, 2017
Mar. 29, 2016
Revenues:    
Total revenues $ 727,633,000 $ 685,153,000
Bakery-cafe expenses:    
Cost of food and paper products 180,892,000 176,685,000
Labor 212,453,000 191,562,000
Occupancy 42,795,000 41,920,000
Other operating expenses 84,899,000 88,431,000
Total bakery-cafe expenses 521,039,000 498,598,000
Fresh dough and other product cost of sales to franchisees 43,925,000 42,218,000
Depreciation and amortization 40,555,000 36,257,000
General and administrative expenses 49,241,000 48,182,000
Pre-opening expenses 1,367,000 2,196,000
Refranchising loss 0 1,071,000
Total costs and expenses 656,127,000 628,522,000
Operating profit 71,506,000 56,631,000
Interest expense 3,117,000 1,739,000
Other (income) expense, net 2,782,000 (251,000)
Income before income taxes 65,607,000 55,143,000
Income taxes 23,439,000 20,145,000
Net income 42,168,000 34,998,000
Less: Net income (loss) attributable to noncontrolling interest (326,000) (90,000)
Net income attributable to Panera Bread Company $ 42,494,000 $ 35,088,000
Earnings Per Common Share    
Basic (in dollars per share) $ 1.89 $ 1.46
Diluted (in dollars per share) $ 1.88 $ 1.45
Weighted average shares of common and common equivalent shares outstanding:    
Weighted average number of shares outstanding - basic (in shares) 22,488 24,105
Weighted average number of shares outstanding - diluted (in shares) 22,624 24,214
Operating Segments [Member]    
Bakery-cafe expenses:    
Depreciation and amortization $ 40,555,000  
Company Bakery Cafe Operations [Member]    
Revenues:    
Total revenues 636,012,000 $ 598,784,000
Franchise Operations [Member]    
Revenues:    
Total revenues 40,369,000 37,852,000
Fresh dough and other product sales to franchisees [Member]    
Revenues:    
Total revenues $ 51,252,000 $ 48,517,000