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Quarterly Data - Unaudited, in Thousands, except Per Share Data (Tables)
 12 Months Ended
Dec. 31, 2017
Quarterly Data - Unaudited, in Thousands, except Per Share Data  
Schedule of Quarterly Select Financial Data

Our quarterly select financial data is as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter

 

2017

    

1st

    

2nd

    

3rd

    

4th

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$
449,266

 

$
434,778

 

$
431,709

 

$
467,606

 

Operating income

 

 
43,681

 

 
37,217

 

 
33,515

 

 
36,604

 

Net income attributable to the Company (a)

 

 
28,428

 

 
23,538

 

 
21,817

 

 
28,509

 

Basic earnings per common share (a)

 

$
0.78

 

$
0.66

 

$
0.61

 

$
0.82

 

Diluted earnings per common share (a)

 

$
0.77

 

$
0.65

 

$
0.60

 

$
0.81

 

Dividends declared per common share

 

$
0.200

 

$
0.200

 

$
0.225

 

$
0.225

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter

 

2016

    

1st

    

2nd

    

3rd

    

4th

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$
428,595

 

$
422,964

 

$
422,442

 

$
439,619

 

Operating income

 

 
42,898

 

 
36,831

 

 
33,383

 

 
51,411

 

Net income attributable to the Company (b)

 

 
26,182

 

 
22,541

 

 
21,467

 

 
32,630

 

Basic earnings per common share (b)

 

$
0.69

 

$
0.61

 

$
0.57

 

$
0.89

 

Diluted earnings per common share (b)

 

$
0.69

 

$
0.61

 

$
0.57

 

$
0.88

 

Dividends declared per common share

 

$
0.175

 

$
0.175

 

$
0.200

 

$
0.200

 

(a)

The year ended December 31, 2017 was impacted by the following:

i.

The fourth quarter of 2017 includes an after income tax loss of $1.3 million and an unfavorable impact of $0.04 on basic and diluted EPS from an impairment charge related to our company-owned stores in China that are currently held for sale. See Note 7 for additional information.

ii.

The fourth quarter of 2017 also includes a tax benefit of $7.0 million and favorable impact of $0.20 on basic and diluted EPS related to the “Tax Cuts and Jobs Act” that was signed in 2017. See Note 15 for additional information.

iii.

The fourth quarter of 2017 includes an after income tax benefit of $3.9 million and favorable impact on diluted EPS of $0.11 from a 14th week of operations.

(b)

The fourth quarter of 2016 includes an after tax gain of $7.3 million and a favorable impact of $0.19 on basic and diluted EPS from the sale of a domestic Company-owned market to a franchisee, and an after tax loss of $900,000 and an unfavorable impact of $0.02 on basic and diluted EPS from an impairment charge related to our company-owned stores in China that are currently held for sale. See Note 7 for additional information. The fourth quarter of 2016 also includes an after tax gain of $600,000 and favorable impact of $0.02 on basic and diluted EPS related to a legal settlement. See Note 17 for additional information.