Quarterly Results (Unaudited) (Tables)

12 Months Ended

Dec. 28, 2019

Quarterly Results

The operating results for any quarter are not necessarily indicative of results for any future quarters.

	For Quarters Ended
	December 28, 2019 (2)		September 28, 2019 (2)		June 29, 2019 (2)		March 30, 2019		December 29, 2018		September 29, 2018 (1)		June 30, 2018		March 31, 2018
	(13 weeks)		(13 weeks)		(13 weeks)		(13 weeks)		(13 weeks)		(13 weeks)		(13 weeks)		(13 weeks)
	(In thousands, except per share data)
Net revenue	$	301,300	$	378,466	$	318,407	$	251,651	$	225,222	$	306,870	$	273,100	$	190,457
Gross profit		142,789		187,835		159,002		124,540		116,949		157,227		141,970		96,097
Operating income		17,702		59,836		37,932		29,443		28,851		46,728		31,064		9,238
Net income	$	13,762	$	44,729	$	27,856	$	23,694	$	21,811	$	38,007	$	23,535	$	9,310
Net income per share – basic	$	1.13	$	3.70	$	2.39	$	2.04	$	1.88	$	3.25	$	1.99	$	0.79
Net income per share – diluted	$	1.12	$	3.65	$	2.36	$	2.02	$	1.86	$	3.21	$	1.98	$	0.78

(1) During the third quarter of 2018, the Company recorded a $4.5 million tax benefit related to tax accounting method changes.

(2) During the second, third and fourth quarter of 2019, the Company recorded $1.9 million, $5.9 million and $2.1 million in non-reoccurring transaction fees related to the Dogfish Head Transaction, respectively.