Baskin Robbins 2013 Annual Report Download - page 105

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-95-
exception of the settlement of our Canadian pension plan, which is subject to government approval that may not be obtained
until 2014.
The Company recorded cumulative costs related to the plant closure of $12.6 million, of which, $654 thousand and $11.9
million were recorded in fiscal years 2013 and 2012, respectively. Costs recorded in fiscal year 2012 included $4.2 million of
accelerated depreciation on property, plant, and equipment, $2.7 million of incremental ice cream production costs, $2.0 million
of ongoing termination benefits, $1.1 million of one-time termination benefits, and $1.9 million of other costs related to the
closing and transition. The accelerated depreciation and the incremental ice cream production costs are included in depreciation
and cost of ice cream products, respectively, in the consolidated statements of operations, while all other costs are included in
general and administrative expenses, net in the consolidated statements of operations. The Company also expects to incur
additional costs of approximately $3.0 million to $4.0 million primarily related to the settlement of our Canadian pension plan
upon final government approval.
As of December 29, 2012, the Company had recorded reserves for ongoing termination benefits and one-time termination
benefits of $636 thousand and $55 thousand, respectively, substantially all of which were paid during fiscal year 2013.
(21) Allowance for doubtful accounts
The changes in the allowance for doubtful accounts were as follows (in thousands):
Accounts
receivable
Short-term
notes and other
receivables
Long-term
notes and other
receivables
Balance at December 25, 2010 $ 5,518 2,443 —
Provision for doubtful accounts, net 745 1,274 —
Write-offs and other (3,550)(1,396)—
Balance at December 31, 2011 2,713 2,321 —
Provision for (recovery of) doubtful accounts, net 513 (1,055)—
Write-offs and other (743)(62)—
Balance at December 29, 2012 2,483 1,204 —
Provision for (recovery of) doubtful accounts, net 1,015 (339) 2,808
Write-offs and other (899)(206)—
Balance at December 28, 2013 $ 2,599 659 2,808
(22) Quarterly financial data (unaudited)
Three months ended
March 30,
2013
June 29,
2013
September 28,
2013
December 28,
2013
(In thousands, except per share data)
Total revenues $ 161,858 182,488 186,317 183,177
Operating income 63,459 76,805 82,237 82,235
Net income attributable to Dunkin' Brands 23,798 40,812 40,221 42,072
Earnings per share:
Common – basic 0.22 0.38 0.38 0.39
Common – diluted 0.22 0.38 0.37 0.39