Chili's 2008 Annual Report Download - page 35

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EXHIBIT 13
BRINKER INTERNATIONAL, INC.
SELECTED FINANCIAL DATA
(In thousands, except per share amounts and number of restaurants)
Fiscal Years
2008 2007 2006 2005 2004(a)
Income Statement Data:
Revenues ................................... $4,235,223 $4,376,904 $4,151,291 $3,749,539 $3,541,005
Operating Costs and Expenses:
Cost of sales ................................ 1,200,763 1,222,198 1,160,931 1,059,822 980,717
Restaurant expenses ........................... 2,397,908 2,435,866 2,283,737 2,085,529 1,926,843
Depreciation and amortization .................... 165,229 189,162 190,206 179,908 167,802
General and administrative ...................... 170,703 194,349 207,080 153,116 150,558
Other gains and charges ........................ 203,950 (8,999) (17,262) 52,779 66,783
Total operating costs and expenses ................ 4,138,553 4,032,576 3,824,692 3,531,154 3,292,703
Operating income .............................. 96,670 344,328 326,599 218,385 248,302
Interest expense ............................... 45,862 30,929 22,857 25,260 11,495
Other, net ................................... (4,046) (5,071) (1,656) 1,526 1,742
Income before provision for income taxes ............. 54,854 318,470 305,398 191,599 235,065
Provision for income taxes ........................ 3,132 88,421 91,448 33,143 82,882
Income from continuing operations ............... 51,722 230,049 213,950 158,456 152,183
(Loss) income from discontinued operations, net of taxes . — — (1,555) 1,763 (1,265)
Net income ............................. $ 51,722 $ 230,049 $ 212,395 $ 160,219 $ 150,918
Basic net income per share:
Income from continuing operations ............... $ 0.50 $ 1.90 $ 1.66 $ 1.19 $ 1.06
(Loss) income from discontinued operations ......... $ — $ — $ (0.01) $ 0.02 $ (0.01)
Net income per share ........................ $ 0.50 $ 1.90 $ 1.65 $ 1.21 $ 1.05
Diluted net income per share:
Income from continuing operations ............... $ 0.49 $ 1.85 $ 1.63 $ 1.14 $ 0.99
(Loss) income from discontinued operations ......... $ — $ — $ (0.01) $ 0.01 $ (0.01)
Net income per share ........................ $ 0.49 $ 1.85 $ 1.62 $ 1.15 $ 0.98
Basic weighted average shares outstanding .............. 103,101 121,062 128,766 132,795 144,108
Diluted weighted average shares outstanding ............ 104,897 124,116 130,934 141,344 158,609
Balance Sheet Data:
Working capital (deficit)(b) ....................... $ (71,448) $ 111,706 $ 246,649 $ 375,283 $ 573,083
Total assets .................................. 2,193,122 2,318,021 2,221,779 2,156,124 2,254,424
Long-term obligations(b) ......................... 1,071,864 969,468 629,600 607,208 838,502
Shareholders’ equity ............................ 595,089 805,089 1,075,832 1,100,282 1,010,422
Cash dividends per share ......................... $ 0.42 $ 0.34 $ 0.20 $ — $ —
Number of Restaurants Open (End of Period):
Company-operated ............................. 1,265 1,312 1,290 1,268 1,194
Franchised/Joint venture ......................... 623 489 332 320 282
Total .................................. 1,888 1,801 1,622 1,588 1,476
(a) Fiscal year 2004 consisted of 53 weeks while all other periods presented consisted of 52 weeks.
(b) Prior year amounts have been updated to reflect the fiscal 2008 classification of assets held for sale in the consolidated
balance sheets (Note 2).
F-1