Quarterly Results Of Operations

12 Months Ended

Dec. 25, 2011

Quarterly Results Of Operations [Abstract]

Quarterly Results Of Operations

NOTE 10. QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)  

The Company's business is somewhat seasonal with peak revenues and profits generally occurring in the second and fourth quarters of each year as a result of increased advertising activity during the holiday seasons. The first and third quarters are historically the slowest quarters for revenues and profits. The Company's quarterly results are summarized as follows (in thousands, except per share amounts):

	1st Quarter			2nd Quarter		3rd Quarter			4th Quarter
2011
Net revenues	$	303,734		$	314,250	$	300,219		$	351,437
Operating income		20,455			45,133		45,443			90,284
Income (loss) from continuing operations		(1,962	)		4,947		9,399			42,005
Income (loss) from continuing operations per common share		(0.02	)		0.06		0.11			0.49
2010 (1)
Net revenues	$	335,565		$	342,030	$	327,710		$	369,927
Operating income		46,591			57,097		50,339			84,856
Income (loss) from continuing operations(1)		(1,958	)		7,278		12,081			15,699
Income (loss) from discontinued operations		2,203			—		(161	)		(917	)
Income (loss) from continuing operations per common share		(0.02	)		0.09		0.14			0.19
Loss from discontinued operations per common share		0.05			—		—			(0.01	)

⁽¹⁾  Income from continuing operations in the fourth quarter of 2010 was restated as discussed in Note 12 and is $90,000 lower than previously reported.