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Quarterly Financial Information (Unaudited) (Tables)
 12 Months Ended
Dec. 29, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information (Unaudited)

The tables below set forth summary unaudited consolidated quarterly financial information for 2019 and 2018. The Company reports on a fiscal year typically consisting of 52 or 53 weeks ending on the Sunday closest to December 31. All of the Company’s fiscal quarters in 2019 and 2018 contained 13 weeks.
 
2019 Quarter Ended (a)
 
March 31
 
June 30
 
September 29
 
December 29
Revenues
$
408,583

 
$
435,348

 
$
437,880

 
$
427,191

Cost of sales
142,579

 
151,092

 
152,425

 
151,434

Operating profit
66,266

 
80,573

 
79,023

 
36,717

Net income
$
31,894

 
$
32,386

 
$
46,127

 
$
26,533

Basic income per share
$
.14

 
$
.14

 
$
.20

 
$
.12

Diluted income per share
$
.14

 
$
.14

 
$
.20

 
$
.11


 
2018 Quarter Ended (b)
 
April 1
 
July 1
 
September 30
 
December 30
Revenues
$
380,564

 
$
411,002

 
$
400,550

 
$
397,820

Cost of sales
132,219

 
138,154

 
139,348

 
138,867

Operating profit
55,262

 
71,483

 
77,348

 
45,799

Net income
$
20,159

 
$
29,876

 
$
391,249

 
$
18,831

Basic income per share
$
.08

 
$
.13

 
$
1.65

 
$
.08

Diluted income per share
$
.08

 
$
.12

 
$
1.60

 
$
.08

_______________

(a)
The Company’s consolidated statements of operations in fiscal 2019 were significantly impacted by investment income, net, franchise support and other costs, reorganization and realignment costs and loss on early extinguishment of debt. The pre-tax impact of investment income, net for the fourth quarter was $24,599 (see Note 8 for further information). The pre-tax impact of franchise support and other costs for the fourth quarter included approximately $16,400 to support U.S. franchisees in preparation for the launch of breakfast across the U.S. system on March 2, 2020. The pre-tax impact of reorganization and realignment costs for the fourth quarter was $12,194 (see Note 5 for further information). The pre-tax impact of loss on early extinguishment of debt for the second and fourth quarters was $7,150 and $1,346, respectively (see Note 12 for further information).
   
(b)
The Company’s consolidated statements of operations in fiscal 2018 were significantly impacted by investment income, net, reorganization and realignment costs, loss on early extinguishment of debt and legal reserves for the FI Case. The pre-tax impact of investment income, net for the third quarter was $450,133 and included the sale of our remaining ownership interest in Inspire Brands (see Note 8 for further information). The pre-tax impact of reorganization and realignment costs for the first, second, third and fourth quarters was $2,626, $3,124, $941 and $2,377, respectively (see Note 5 for further information). The pre-tax impact of loss on early extinguishment of debt for the first quarter was $11,475 (see Note 12 for further information). The pre-tax impact of legal reserves for the FI Case for the fourth quarter was $27,500 (see Note 23 for further information).