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Consolidated Statements of Comprehensive Income - USD ($)
3 Months Ended 9 Months Ended
Sep. 27, 2016
Sep. 29, 2015
Sep. 27, 2016
Sep. 29, 2015
Net income $ 31,910,000 $ 32,393,000 $ 101,464,000 $ 106,182,000
Less: Net income (loss) attributable to noncontrolling interest (65,000) 0 (100,000) 0
Net income attributable to Panera Bread Company 31,975,000 32,393,000 101,564,000 106,182,000
Unrealized gains (losses) on cash flow hedging instruments 1,139,000 (4,908,000) (6,019,000) (4,908,000)
Tax (expense) benefit (450,000) 1,941,000 2,381,000 1,941,000
Reclassification adjustment for net (gains) losses realized in earnings on cash flow hedging instruments 693,000 0 693,000 0
Tax (expense) benefit (275,000) 0 (275,000) 0
Foreign currency translation adjustment (84,000) (963,000) 771,000 (1,666,000)
Other comprehensive income (loss) attributable to Panera Bread Comapny 1,023,000 (3,930,000) (2,449,000) (4,633,000)
Comprehensive income attributable to Panera Bread Company $ 32,998,000 $ 28,463,000 $ 99,115,000 $ 101,549,000