Pizza Hut 2002 Annual Report Download - page 74

Download and view the complete annual report

Please find page 74 of the 2002 Pizza Hut 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 80

  • 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

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
2002 First Quarter Second Quarter Third Quarter Fourth Quarter Total
Revenues:
Company sales $ 1,426 $ 1,5 7 1 $ 1,705 $ 2,189 $ 6,891
Franchise and license fees 188 196 210 272 866
Total revenues 1,6 14 1,767 1,915 2,461 7,757
Total costs and expenses, net 1,388 1,526 1,657 2,156 6,727
Operating profit 226 24 1 258 305 1,030
Net income 124 140 147 172 583
Diluted earnings per common share 0.40 0.45 0.47 0.56 1.88
Operating profit attributable to:
Facility actions net loss (gain) 91013
32
Unusual items (income) expense (11) (9) (4) (3) (27)
2001 First Quarter Second Quarter Third Quarter Fourth 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 11 6 124 164 492
Diluted earnings per common share 0.29 0.38 0.40 0.54 1.62
Operating profit attributable to:
Facility actions net loss (gain) 2 (18) (9) 26 1
Unusual items (income) expense 2 (4)
(1) (3)
See Note 7 for details of facility actions net loss (gain) and unusual items (income) expense.
NOTE
26
72.