XML 16 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 26, 2016
Jun. 28, 2015
Jun. 26, 2016
Jun. 28, 2015
Total revenues $ 422,964 $ 398,991 $ 851,559 $ 831,275
General and administrative expenses 42,623 43,047 82,870 86,796
Depreciation and amortization 10,031 10,136 19,775 20,177
Total costs and expenses 386,133 367,995 771,830 762,634
Operating income 36,831 30,996 79,729 68,641
Legal settlement expense   (12,278)   (12,278)
Net interest expense (1,631) (1,187) (3,120) (2,396)
Income before income taxes 35,200 17,531 76,609 53,967
Income tax expense 11,088 5,063 24,446 17,260
Net income before attribution to noncontrolling interests 24,112 12,468 52,163 36,707
Income attributable to noncontrolling interests (1,571) (1,688) (3,440) (3,691)
Net income attributable to the Company 22,541 10,780 48,723 33,016
Calculation of income for earnings per share:        
Net income attributable to the Company 22,541 10,780 48,723 33,016
Change in noncontrolling interest redemption value 279 73 499 143
Net income attributable to participating securities (91) (50) (201) (150)
Net income attributable to common shareholders $ 22,729 $ 10,803 $ 49,021 $ 33,009
Basic earnings per common share $ 0.61 $ 0.27 $ 1.30 $ 0.83
Diluted earnings per common share $ 0.61 $ 0.27 $ 1.29 $ 0.82
Basic weighted average common shares outstanding 37,203 39,692 37,567 39,764
Diluted weighted average common shares outstanding 37,507 40,217 37,904 40,368
Dividends declared per common share $ 0.175 $ 0.140 $ 0.350 $ 0.280
International        
Total revenues $ 28,460 $ 26,326 $ 55,915 $ 51,752
Operating costs (excluding depreciation and amortization shown separately below) 17,752 16,250 35,342 31,728
Domestic market | Domestic Company-owned restaurants        
Total revenues 204,248 185,962 409,927 383,249
Operating costs (excluding depreciation and amortization shown separately below) 163,469 147,356 324,779 302,388
Domestic market | North America franchising        
Total revenues 25,302 23,276 51,778 48,900
Domestic market | Domestic commissary and other        
Total revenues 164,954 163,427 333,939 347,374
Operating costs (excluding depreciation and amortization shown separately below) $ 152,258 $ 151,206 $ 309,064 $ 321,545