IHOP 2008 Annual Report Download - page 30
Download and view the complete annual report
Please find page 30 of the 2008 IHOP annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20 -
21 -
22 -
23 -
24 -
25 -
26 -
27 -
28 -
29 -
30 -
31 -
32 -
33 -
34 -
35 -
36 -
37 -
38 -
39 -
40 -
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
 |
 |
We are subject to federal and state environmental regulations, but these have not had a material
effect on our operations. More stringent and varied requirements of local governmental bodies with
respect to zoning, land use and environmental factors could delay or prevent the development of new
restaurants in particular areas.
Various federal and state labor laws govern our and our franchisees’ relationships with our
respective employees. These include such matters as minimum wage requirements, overtime and other
working conditions. Significant additional government-imposed increases in minimum wages, paid leaves
of absence, mandated health benefits or increased tax reporting and tax payment requirements with
respect to employees who receive gratuities could be detrimental to the economic viability of our
restaurants.
Environmental Matters
We are not aware of any federal, state or local environmental laws or regulations that are likely to
materially impact our revenues, cash flow or competitive position, or result in any material capital
expenditure. However, we cannot predict the effect of possible future environmental legislation or
regulations.
Employees
At December 31, 2008, we employed approximately 25,248 employees, of whom 766 were full-time,
non-restaurant, corporate personnel. Our employees are not represented by any collective bargaining
agreement, and we have never experienced a work stoppage. We believe our employee relations are
good.
16