Segment Information

4 Months Ended

May 21, 2012

Segment Reporting [Abstract]

Segment Information

SEGMENT INFORMATION

We are principally engaged in developing, operating, franchising and licensing our Carl’s Jr. and Hardee’s quick-service restaurant concepts, each of which is considered an operating segment that is managed and evaluated separately. The accounting policies of the segments are the same as those described in our summary of significant accounting policies (see Note 1 of Notes to Consolidated Financial Statements in our Annual Report on Form 10-K for the fiscal year ended January 31, 2012).

	Sixteen Weeks Ended			Sixteen Weeks Ended
	May 21, 2012			May 23, 2011
Revenue:
Carl’s Jr.	$	211,524		$	206,134
Hardee’s	200,665			194,216
Other	142			233
Total	$	412,331		$	400,583
Segment income:
Carl’s Jr.	$	32,764		$	27,421
Hardee’s	40,195			33,842
Other	139			133
Total	73,098			61,396
Less: General and administrative expense	(41,716		)	(40,960		)
Less: Facility action charges, net	(401		)	(511		)
Less: Other operating expenses	—			(351		)
Operating income	30,981			19,574
Interest expense	(23,799		)	(24,395		)
Other income, net	1,149			799
Income (loss) before income taxes	$	8,331		$	(4,022	)
Capital expenditures:
Carl’s Jr.	$	7,522		$	4,101
Hardee’s	7,742			9,271
Other	461			209
Total	$	15,725		$	13,581
Depreciation and amortization:
Depreciation and amortization included in segment income:
Carl’s Jr.	$	11,560		$	11,924
Hardee’s	12,822			12,055
Other	—			—
Other depreciation and amortization(1)	1,085			959
Total depreciation and amortization	$	25,467		$	24,938
	May 21, 2012			January 31, 2012
Total assets:
Carl’s Jr.	$	827,571		$	779,970
Hardee’s	626,882			633,127
Other	66,603			67,041
Total	$	1,521,056		$	1,480,138

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(1) Represents depreciation and amortization excluded from the computation of segment income.