Panera Bread 2007 Annual Report Download - page 89

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21. Selected Quarterly Financial Data (unaudited)
The following table presents selected quarterly financial data for the periods indicated (in thousands, except
per share data):
March 27 June 26 September 25 December 25
Fiscal 2007 - Quarters Ended
Revenues ............................ $239,676 $252,959 $273,213 $300,843
Operating profit ....................... 23,461 18,852 16,117 30,849
Net income .......................... 15,043 12,635 11,943 17,834
Basic earnings per share:
Net income ......................... $ 0.48 $ 0.40 $ 0.38 $ 0.56
Diluted earnings per share:
Net income ......................... $ 0.47 $ 0.39 $ 0.37 $ 0.56(1)
March 28 June 27 September 26 December 26
Fiscal 2006 - Quarters Ended
Revenues ............................ $193,971 $197,135 $204,954 $232,912
Operating profit ....................... 22,667 21,415 16,240 30,470
Net income .......................... 15,013 14,052 10,879 18,906
Basic earnings per share:
Net income ......................... $ 0.48 $ 0.45 $ 0.35 $ 0.60
Diluted earnings per share:
Net income ......................... $ 0.47 $ 0.44 $ 0.34 $ 0.59(2)
(1) The $0.56 per diluted share results for the fourth quarter of 2007 include a charge of $0.03 per diluted share
related to the Columbia Strategic Cash Portfolio write-down and discontinuation of the Company’s Crispani»
product line.
(2) The fourth quarter of 2006 diluted earnings per share of $0.59 includes a charge of $0.03 per diluted share
related to the Paradise acquisition.
79
PANERA BREAD COMPANY
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS — (Continued)