Quarterly Results

12 Months Ended

Dec. 28, 2013

Quarterly Results

T. Quarterly Results (Unaudited)

The Company’s fiscal quarters are consistently determined year to year and generally consist of 13 weeks, except in those fiscal years in which there are fifty-three weeks where the last fiscal quarters then consist of 14 weeks. In management’s opinion, the following unaudited information includes all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of the information for the quarters presented. The operating results for any quarter are not necessarily indicative of results for any future quarters.

	For Quarters Ended
	December 28, 2013 (13 weeks)		September 28, 2013 (13 weeks)		June 29, 2013 (13 weeks)		March 30, 2013 (13 weeks)		December 29, 2012(1) (13 weeks)		September 29, 2012 (13 weeks)		June 30, 2012 (13 weeks)		March 31, 2012 (13 weeks)
	(In thousands, except per share data)
Barrels sold		943		995		842		636		733		778		696		539
Net revenue	$	205,375	$	216,414	$	181,332	$	135,932	$	153,000	$	166,448	$	147,503	$	113,271
Gross profit		104,628		115,379		97,132		67,783		79,776		93,242		80,383		61,809
Operating income		29,120		42,239		32,048		9,686		26,988		33,310		23,445		11,841
Net income	$	18,079	$	25,686	$	19,715	$	6,912	$	16,873	$	20,750	$	14,351	$	7,493
Net income per share – basic	$	1.40	$	2.00	$	1.53	$	0.54	$	1.31	$	1.60	$	1.11	$	0.59
Net income per share – diluted	$	1.33	$	1.89	$	1.45	$	0.51	$	1.25	$	1.53	$	1.06	$	0.56

(1) During the fourth quarter of 2012, the Company recorded $3.5 million of promotional expenses as contra revenue which had previously been included in advertising, promotional and selling expenses.