Chili's 2010 Annual Report Download - page 26

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We continue to maintain our share repurchase program; on March 23, 2010 our Board of Directors increased
our share repurchase authorization by $250 million, bringing the total authorization to $2,310 million. During the
fourth quarter, we repurchased shares as follows (in thousands, except share and per share amounts):
Total
Number
of Shares
Purchased(a)
Average
Price Paid
per Share
Total Number
of Shares
Purchased as
Part of Publicly
Announced
Program
Approximate Dollar
Value
that May Yet be
Purchased
Under the Program
March 25, 2010 through April 28, 2010 ...... 225,207 $20.52 225,000 $305,175
April 29, 2010 through May 26, 2010 ....... 792,039 $19.40 792,039 $289,797
May 27, 2010 through June 30, 2010 ........ 701 $17.66 — $289,797
Total ............................... 1,017,947 $19.64 1,017,039
(a) These amounts include shares purchased as part of our publicly announced programs and shares owned
and tendered by team members to satisfy tax withholding obligations on the vesting of restricted share
awards, which are not deducted from shares available to be purchased under publicly announced
programs. Unless otherwise indicated, shares owned and tendered by team members to satisfy tax
withholding obligations were purchased at the average of the high and low prices of the Company’s
shares on the date of vesting. During the fourth quarter of fiscal 2010, 908 shares were tendered by
team members at an average price of $17.66.
Item 6. SELECTED FINANCIAL DATA.
The information set forth in that section entitled “Selected Financial Data” in our 2010 Annual Report to
Shareholders is presented on page F-1 of Exhibit 13 to this document. We incorporate that information in this
document by reference.
Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS.
The information set forth in that section entitled “Management’s Discussion and Analysis of Financial
Condition and Results of Operations” in our 2010 Annual Report to Shareholders is presented on pages F-2
through F-12 of Exhibit 13 to this document. We incorporate that information in this document by reference.
Item 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.
The information set forth in that section entitled “Quantitative and Qualitative Disclosures About Market
Risk” contained within “Management’s Discussion and Analysis of Financial Condition and Results of
Operations” is in our 2010 Annual Report to Shareholders presented on page F-12 of Exhibit 13 to this
document. We incorporate that information in this document by reference.
Item 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.
We refer you to the Index to Financial Statements attached hereto on page 22 for a listing of all financial
statements in our 2010 Annual Report to Shareholders. This report is attached as part of Exhibit 13 to this
document. We incorporate those financial statements in this document by reference.
Item 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL DISCLOSURE.
None.
18