Pizza Hut 2001 Annual Report Download - page 66

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64 TRICON GLOBAL RESTAURANTS, INC. AND SUBSIDIARIES
SELECTED QUARTERLY
FINANCIAL DATA (UNAUDITED)
First Second Third Fourth
2001 Quarter Quarter Quarter Quarter Total
Revenues:
Company sales $ 1,326 $ 1,416 $ 1,449 $ 1,947 $ 6,138
Franchise and license fees 180 189 191 255 815
Total revenues 1,506 1,605 1,640 2,202 6,953
Total costs and expenses, net 1,330 1,390 1,409 1,933 6,062
Operating profit 176 215 231 269 891
Net income 88 116 124 164 492
Diluted earnings per common share 0.59 0.76 0.81 1.08 3.24
Operating profit attributable to:
Facility actions net loss (gain) 2 (18) (9) 26 1
Unusual items (income) expense 2 (4) — (1) (3)
First Second Third Fourth
2000 Quarter Quarter Quarter Quarter Total
Revenues:
Company sales $ 1,425 $ 1,480 $ 1,470 $ 1,930 $ 6,305
Franchise and license fees 172 176 188 252 788
Total revenues 1,597 1,656 1,658 2,182 7,093
Total costs and expenses, net 1,355 1,436 1,526 1,916 6,233
Operating profit 242 220 132 266 860
Net income 120 106 59 128 413
Diluted earnings per common share 0.80 0.71 0.40 0.86 2.77
Operating profit attributable to:
Facility actions net (gain) (47) (66) (3) (60) (176)
Unusual items expense 4 72 92 36 204
See Note 5 for details of facility actions net loss (gain) and unusual items (income) expense.
23
NOTE 23
NOTE