Quarterly Review

12 Months Ended

Dec. 25, 2011

Quarterly Review


(Unaudited, in thousands, except per share amounts)	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
2011
Revenues	$	148,943		$	154,786		$	144,744		$	167,734
Operating income (loss) (a)		(4,247	)		6,777			(20,915	)		18,138
Net loss		(25,804	)		(15,382	)		(29,832	)		(3,304	)
Net loss per share - basic and assuming dilution		(1.15	)		(0.68	)		(1.32	)		(0.15	)
2010
Revenues	$	158,864		$	166,162		$	163,213		$	189,876
Operating income		8,709			16,285			11,462			36,432
Net income (loss)		(16,746	)		(4,283	)		(10,657	)		9,048
Net income (loss) per share - basic and assuming dilution		(0.75	)		(0.19	)		(0.48	)		0.39

(a)	In the third quarter of 2011, the Company performed an interim goodwill impairment test that resulted in a $26.6 million pretax impairment charge. In the fourth quarter of 2011, the Company performed its annual impairment test that resulted in an additional $6 million pretax impairment charge.

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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