XML 13 R3.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 26, 2011
Jun. 27, 2010
Jun. 26, 2011
Jun. 27, 2010
Total revenues $ 293,534 $ 280,647 $ 606,001 $ 566,433
Income from the franchise cheese-purchasing program, net of noncontrolling interest   (2,173)   (4,982)
General and administrative expenses 27,617 28,990 56,691 56,850
Other general expenses 1,459 1,687 2,240 3,977
Depreciation and amortization 8,425 8,175 16,737 16,055
Total costs and expenses 274,379 257,848 559,635 515,692
Operating income 19,155 22,799 46,366 50,741
Investment income 205 197 382 428
Interest expense (293) (1,333) (901) (2,577)
Income before income taxes 19,067 21,663 45,847 48,592
Income tax expense 6,014 7,560 15,245 16,525
Net income, including noncontrolling interests 13,053 14,103 30,602 32,067
Less: Income attributable to noncontrolling interests (929) (911) (2,051) (2,000)
Net income, net of noncontrolling interests 12,124 13,192 28,551 30,067
Basic earnings per common share $ 0.48 $ 0.49 $ 1.12 $ 1.12
Earnings per common share - assuming dilution $ 0.47 $ 0.49 $ 1.11 $ 1.11
Basic weighted average shares outstanding 25,464 26,760 25,474 26,901
Diluted weighted average shares outstanding 25,685 26,971 25,713 27,036
Domestic Company-owned Restaurant [Member]
       
Revenue from external customers 127,641 124,594 266,312 254,238
Cost of sales 30,162 27,020 62,262 54,306
Salaries and benefits 34,367 34,192 72,016 69,595
Advertising and related costs 11,898 11,149 24,687 22,553
Occupancy costs 7,939 7,930 15,808 15,770
Other operating expenses 18,492 17,844 38,407 36,034
Total costs and expenses 102,858 98,135 213,180 198,258
North America [Member]
       
Franchise royalties 18,103 17,440 37,834 35,485
Franchise and development fees 124 106 309 311
Other sales 12,370 13,023 25,817 27,536
Domestic Commissaries [Member]
       
Revenue from external customers 121,027 113,936 248,699 226,576
International [Member]
       
Royalties and franchise and development fees 4,049 3,153 7,811 6,319
International operating expenses 8,756 7,430 16,484 14,206
International Restaurant and Commissaries [Member]
       
Revenue from external customers 10,220 8,395 19,219 15,968
Domestic Commissary and Other [Member]
       
Cost of sales 103,529 95,195 209,972 190,487
Salaries and benefits 8,651 8,568 17,662 17,300
Other operating expenses 13,084 11,841 26,669 23,541
Total costs and expenses $ 125,264 $ 115,604 $ 254,303 $ 231,328