XML 10 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Statements of Income (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jul. 03, 2011
Jul. 04, 2010
Jul. 03, 2011
Jul. 04, 2010
Revenues:        
Restaurant sales $ 309,641 $ 311,502 $ 625,945 $ 621,744
Restaurant licensing 649 1,108 1,333 1,237
Retail licensing 724 228 1,105 228
Total revenues 311,014 312,838 628,383 623,209
Costs and expenses:        
Cost of sales 82,175 81,717 165,497 165,730
Labor 105,321 102,295 211,785 206,770
Operating 52,471 51,597 106,278 104,350
Occupancy 18,681 18,609 37,106 36,447
General and administrative 19,164 19,765 39,444 38,818
Depreciation and amortization 20,780 19,335 40,478 38,336
Preopening expense 213 832 611 965
Partner investment expense (50) (135) (176) (124)
Total costs and expenses 298,755 294,015 601,023 591,292
Income from operations 12,259 18,823 27,360 31,917
Interest and other income (expense), net 128 (665) 332 (1,080)
Income from continuing operations before taxes 12,387 18,158 27,692 30,837
Provision for income taxes (3,143) (5,144) (7,698) (8,932)
Income from continuing operations, net of tax 9,244 13,014 19,994 21,905
Income (loss) from discontinued operations, net of tax (32) 0 (29) 6
Net income 9,212 13,014 19,965 21,911
Less net income attributable to noncontrolling interests 120 241 277 447
Net income attributable to PFCB 9,092 12,773 19,688 21,464
Basic income per share:        
Income from continuing operations attributable to PFCB common stockholders $ 0.41 $ 0.56 $ 0.88 $ 0.94
Income (loss) from discontinued operations, net of tax, attributable to PFCB common stockholders $ 0.00 $ 0.00 $ 0.00 $ 0.00
Net income attributable to PFCB common stockholders $ 0.41 $ 0.56 $ 0.88 $ 0.94
Diluted income per share:        
Income from continuing operations attributable to PFCB common stockholders $ 0.4 $ 0.55 $ 0.87 $ 0.93
Income (loss) from discontinued operations, net of tax, attributable to PFCB common stockholders $ 0.00 $ 0.00 $ 0.00 $ 0.00
Net income attributable to PFCB common stockholders $ 0.4 $ 0.55 $ 0.87 $ 0.93
Weighted average shares used in computation:        
Basic 22,249 22,828 22,386 22,730
Diluted 22,581 23,277 22,741 23,190
Cash dividends declared per share $ 0.25 $ 0.25 $ 0.46 $ 0.42
Amounts attributable to PFCB:        
Income from continuing operations, net of tax 9,124 12,773 19,717 21,458
Income (loss) from discontinued operations, net of tax (32) 0 (29) 6
Net income attributable to PFCB $ 9,092 $ 12,773 $ 19,688 $ 21,464