Quarterly Data - Unaudited, in Thousands, except Per Share Data (Tables)

12 Months Ended

Dec. 25, 2011

Our quarterly financial data is as follows:

	Quarter
2011	1st		2nd		3rd		4th
Total revenues	$	312,467	$	293,534	$	305,668	$	306,213
Operating income		27,211		19,155		16,958		23,693
Net income		16,427		12,124		11,123		15,981
Basic earnings per common share	$	0.64	$	0.48	$	0.45	$	0.66
Earnings per common share - assuming dilution	$	0.64	$	0.47	$	0.44	$	0.65

	Quarter
2010	1st		2nd		3rd		4th
Total revenues	$	285,786	$	280,647	$	273,126	$	286,838
Operating income (1)		27,942		22,799		13,783		22,220
Net income (1)		16,875		13,192		7,848		14,025
Basic earnings per common share (1)	$	0.62	$	0.49	$	0.30	$	0.55
Earnings per common share - assuming dilution (1)	$	0.62	$	0.49	$	0.30	$	0.55

(1)

During 2010, we recorded pre-tax income of $3.5 million ($2.2 million after tax or $0.08 per diluted share) in the first quarter, pre-tax income of $2.7 million ($1.7 million after tax or $0.06 per diluted share) in the second quarter, pre-tax losses of $658,000 ($417,000 after tax or $0.02 per diluted share) in the third quarter and pre-tax income of $1.3 million ($843,000 after tax or $0.04 per diluted share) in the fourth quarter upon consolidation of BIBP. BIBP’s total pre-tax income, excluding the reduction in BIBP’s cost of sales of $14.2 million associated with PJFS’s agreement to pay to BIBP for past cheese purchases an amount equal to its accumulated deficit, for 2010 was $6.8 million ($4.3 million after tax or $0.16 per diluted share).