Equity Investments

9 Months Ended

Jul. 01, 2011

Equity Investments

Equity Investments

(11) EQUITY INVESTMENTS:

The Company's principal equity method investment is its 50% ownership interest in AIM Services Co., Ltd., a Japanese food and support services company (approximately $256.7 million and $238.5 million at July 1, 2011 and October 1, 2010, respectively, which is included in "Other Assets" in the Condensed Consolidated Balance Sheets). Summarized financial information for AIM Services Co., Ltd. follows (in thousands):

	Three  Months Ended July 1, 2011		Nine  Months Ended July 1, 2011
Sales	$	438,093	$	1,305,482
Gross profit		55,547		165,297
Net income		9,780		30,508
	Three  Months Ended July 2, 2010		Nine  Months Ended July 2, 2010
Sales	$	403,229	$	1,179,284
Gross profit		49,085		146,606
Net income		5,971		25,028

ARAMARK's equity in undistributed earnings of AIM Services Co., Ltd., net of amortization related to purchase accounting for the Transaction, was $3.9 million and $13.0 million for the three and nine months ended July 1, 2011, respectively. For the three and nine months ended July 2, 2010, ARAMARK's equity in undistributed earnings of AIM Services Co., Ltd., net of amortization related to purchase accounting for the Transaction, was $4.2 million and $11.4 million, respectively.