Panera Bread 2008 Annual Report Download - page 91

Download and view the complete annual report

Please find page 91 of the 2008 Panera Bread 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.

Page out of 99

  • 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

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 25 June 24 September 23 December 30
Fiscal 2008 - Quarters Ended(1)
Revenues ............................ $304,978 $320,868 $315,195 $357,812
Operating profit ....................... 21,149 27,169 22,721 41,668
Net income .......................... 12,440 15,706 13,740 25,549
Basic earnings per share:
Net income ......................... $ 0.42 $ 0.52 $ 0.46 $ 0.84
Diluted earnings per share:
Net income ......................... $ 0.41 $ 0.52 $ 0.45 $ 0.84
March 27 June 26 September 25 December 25
Fiscal 2007 - Quarters Ended(1)
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) Fiscal quarters may not sum to the fiscal year reported amounts due to rounding.
84
PANERA BREAD COMPANY
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS — (Continued)