Panera Bread 2011 Annual Report Download - page 80

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72
20. Supplemental Cash Flow Information
Cash paid during the year for (in thousands):
Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Non-cash investing and financing activities (in thousands):
Accrued property and equipment purchases . . . . . . . . . . . . . . . . . . . . . . . .
Accrued purchase price of noncontrolling interest . . . . . . . . . . . . . . . . . . .
Accrued purchase price of New Jersey acquisition. . . . . . . . . . . . . . . . . . .
Accrued purchase price of Milwaukee acquisition . . . . . . . . . . . . . . . . . . .
Accrued purchase price of Indiana acquisition . . . . . . . . . . . . . . . . . . . . . .
Canadian note receivable. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Investment in municipal industrial revenue bonds . . . . . . . . . . . . . . . . . . .
For the fiscal year ended
December 27,
2011
$ 390
80,572
$ 19,116
—
—
2,055
510
—
1,673
December 28,
2010
$ 379
68,263
$ 13,057
764
2,755
—
—
3,333
1,517
December 29,
2009
$ 380
26,947
$ 6,108
2,264
—
—
—
—
—
21. Selected Quarterly Financial Data (unaudited)
The following table presents selected quarterly financial data for the periods indicated (in thousands, except per share data):
Revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Operating profit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Net income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Net income attributable to Panera Bread Company . . . . . .
Earnings per common share attributable to Panera Bread
Company:
Basic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Diluted. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Fiscal 2011 - quarters ended (1)
March 29
$ 422,100
52,974
32,774
32,774
$ 1.10
$ 1.09
June 28
$ 451,080
57,132
35,710
35,710
$ 1.20
$ 1.18
September 27
$ 453,087
47,607
28,848
28,848
$ 0.98
$ 0.97
December 27
$ 495,765
62,546
38,620
38,620
$ 1.33
$ 1.31
Revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Operating profit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Net income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Net income attributable to Panera Bread Company . . . . . .
Earnings per common share attributable to Panera Bread
Company:
Basic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Diluted. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Fiscal 2010 - quarters ended (1)
March 30
$ 364,210
42,161
25,845
25,845
$ 0.83
$ 0.82
June 29
$ 378,124
46,103
26,655
26,704
$ 0.86
$ 0.85
September 28
$ 371,994
35,996
22,715
22,797
$ 0.75
$ 0.75
December 28
$ 428,161
60,809
36,384
36,520
$ 1.22
$ 1.21
(1) Fiscal quarters may not sum to the fiscal year reported amounts due to rounding.
The third quarter of fiscal 2011 results included a favorable impact of $0.01 per diluted share from the repurchase of 850,400
shares under the Company’s $600.0 million share repurchase authorization.
The fourth quarter of fiscal 2011 results included a favorable impact of less than $0.01 per diluted share from the repurchase of
26,700 shares under the Company’s $600.0 million share repurchase authorization which was offset by a $5.0 million charge, or
$0.11 per diluted share related to the settlement of class action lawsuits.