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Consolidated Statements of Comprehensive Income - USD ($)
3 Months Ended
Mar. 28, 2017
Mar. 29, 2016
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
Unrealized gains (losses) on cash flow hedging instruments (755,000) (4,537,000)
Tax (expense) benefit 299,000 1,794,000
Reclassification adjustment for net (gains) losses realized in earnings on cash flow hedging instruments 667,000 0
Tax (expense) benefit (264,000) 0
Foreign currency translation adjustment 35,000 569,000
Other comprehensive income (loss) attributable to Panera Bread Comapny (18,000) (2,174,000)
Comprehensive income attributable to Panera Bread Company $ 42,476,000 $ 32,914,000