Cracker Barrel 2004 Annual Report Download - page 34

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CBRL GROUP, INC.
Selected Financial Data
The following selected financial data has been restated to reflect adjustments to the Original Filing that are further
discussed in the “Explanatory Note” in the forepart of the Company’s Form 10-K/A filed with the Securities and
Exchange Commission on March 30, 2005 and in Note 2 to the accompanying consolidated financial statements.
(Dollars in thousands except share data)
For each of the fiscal years ended
July 30,
2004(c)
August 1,
2003
August 2,
2002
August 3,
2001 (d)(e)(f)
July 28,
2000(g)
(As Restated,
see Note 2)
(As Restated,
see Note 2)
(As Restated,
see Note 2)
(As Restated) (As Restated)
Selected Income Statement Data:
Total revenue $2,380,947 $2,198,182 $2,071,784 $1,967,998 $1,777,119
Net income 111,885 105,108 90,444 48,550 58,273
Net income per share:
Basic 2.29 2.13 1.67 0.86 1.01
Diluted 2.23 2.06 1.61 0.85 1.00
Dividends paid per share(a) $ 0.33 $ 0.02 $ 0.02 $ 0.02 $ 0.01
As Percent of Revenues:
Cost of goods sold 33.0% 32.0% 32.7% 33.8% 34.6%
Labor and related expenses 37.0 37.3 37.5 37.2 36.3
Other store operating expenses 17.0 17.3 17.1 18.2 16.9
Store operating income 13.0 13.4 12.7 10.8 12.2
General and administrative
expenses 5.3 5.6 5.6 5.2 5.4
Operating Income 7.7 7.8 7.1 4.9 6.6
Income before income taxes 7.3 7.4 6.8 4.2 5.3
Memo: Depreciation and
amortization 2.7 2.9 3.0 3.3 3.7
Selected Balance Sheet Data:
Working capital (deficit) $ (39,195) $ (66,880) $ (51,252) $ (34,701) $ (23,262)
Total assets 1,435,704 1,327,165 1,264,673 1,213,697 1,335,974
Long-term debt 185,138 186,730 194,476 125,000 292,000
Other Long-term obligations 36,225 30,454 25,992 19,697 11,053
Shareholders' equity 873,336 789,362 778,881 843,340 826,833
Selected Cash Flow Data:
Cash provided by operating activities $ 200,365 $ 240,586 $ 196,277 $ 147,859 $ 160,247
Purchase of property and equipment 144,611 120,921 96,692 91,439 138,032
Share repurchases 69,206 166,632 216,834 36,444 21,104
Selected Other Data:
Common Shares outstanding at end
of year 48,769,368 47,872,542 50,272,459 55,026,846 56,668,349
Stores Open at End of Year:
Cracker Barrel 504 480 457 437 426
Logan's company-operated 107 96 84 75 65
Logan's franchised 20 16 12 8 7
Carmine Giardini's - - - - 3