Baskin Robbins 2012 Annual Report Download - page 102

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-92-
(1) The second quarter of fiscal year 2012 includes a $20.7 million incremental legal reserve related to the Quebec
Superior Court’s ruling in the Bertico litigation, in which the Court found for the Plaintiffs and issued a judgment
against Dunkin’ Brands in the amount of approximately C$16.4 million (approximately $15.9 million), plus costs and
interest (see note 17(d)).
(2) The fourth quarter of fiscal year 2011 reflects the results of operations for a 14-week period. All other quarterly
periods reflect the results of operations for 13-week periods.
(3) The third quarter of fiscal year 2011 includes an expense of approximately $14.7 million related to the termination of
the Sponsor management agreement incurred in connection with the completion of the initial public offering in August
2011 (see note 19(a)).
(4) The fourth quarter of fiscal year 2011 includes an impairment of the investment in the Korea joint venture of $19.8
million, less a reduction in depreciation and amortization, net of tax, resulting from the impairment of the underlying
intangible and long-lived assets of $1.0 million (see note 6).
(5) During fiscal year 2011, the Company made additional term loan borrowings of $250.0 million and repaid in full the
$625.0 million of senior notes (see note 8). In connection with these additional term loan borrowings and repayments
of senior notes, the Company recorded losses on debt extinguishment and refinancing transactions of $11.0 million,
$5.2 million, and $18.1 million, in the first, second, and third quarters of fiscal year 2011, respectively.