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Consolidated Statements of Earnings (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Jul. 04, 2012
Jul. 06, 2011
Jul. 04, 2012
Jul. 06, 2011
Restaurant Operations:        
Net sales $ 172,128 $ 166,893 $ 552,002 $ 527,848
Franchise fees 2,475 2,065 7,222 6,415
Other revenue 583 606 1,903 1,828
Total 175,186 169,564 561,127 536,091
Investment Management Operations:        
Management fee income 0 0 0 224
Consolidated Affiliated Partnerships:        
Investment gains/losses 501 1,231 4,467 4,177
Other income/loss 86 66 253 368
Total 587 1,297 4,720 4,769
Total net revenues 175,773 170,861 565,847 540,860
Costs and expenses        
Cost of sales 49,812 48,144 158,508 146,967
Restaurant operating costs 81,326 78,317 258,096 253,646
General and administrative 15,006 12,082 48,118 37,691
Depreciation and amortization 6,031 6,563 20,430 21,855
Marketing 11,666 10,031 31,943 29,762
Rent 4,044 3,980 13,536 13,000
Pre-opening costs 7 0 430 76
Asset impairments and provision for restaurant closings 26 2 346 15
Loss on disposal of assets 115 232 484 489
Other operating income (149) (1,659) (793) (894)
Total costs and expenses, net 167,884 157,692 531,098 502,607
Other income (expenses)        
Interest, dividend and other investment income 1,003 86 2,405 239
Interest on obligations under leases (2,321) (2,436) (7,748) (8,146)
Interest expense (1,812) (602) (6,200) (2,034)
Realized investment gains/losses 227 1,433 4,200 4,677
Derivative and short sale gains/losses 0 (499) 0 (292)
Total other income (expense) (2,903) (2,018) (7,343) (5,556)
Earnings before income taxes 4,986 11,151 27,406 32,697
Income taxes (17) 1,836 6,879 8,864
Consolidated net earnings 5,003 9,315 20,527 23,833
Earnings attributable to redeemable noncontrolling interests:        
Income allocation (150) (639) (2,387) (2,559)
Incentive fee 0 0 36 2,510
Total earnings/loss attributable to redeemable noncontrolling interests (150) (639) (2,351) (49)
Net earnings attributable to Biglari Holdings Inc. $ 4,853 $ 8,676 $ 18,176 $ 23,784
Earnings per share attributable to Biglari Holdings Inc.        
Basic earnings per common and common equivalent share $ 3.64 $ 6.52 $ 13.63 $ 17.90
Diluted earnings per common and common equivalent share $ 3.63 $ 6.49 $ 13.59 $ 17.79
Weighted average shares and equivalents        
Basic 1,334,339 1,331,434 1,333,880 1,328,666
Diluted 1,337,538 1,336,253 1,337,199 1,336,851