Cracker Barrel 2004 Annual Report Download - page 61

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2003
Total revenue $563,119 -- $563,119
Gross profit 373,007 -- 373,007
Income before income taxes 38,181 (583) 37,598
Net income 24,626 (376) 24,250
Net income per share – basic $0.50 (0.01) $0.49
Net income per share - diluted $0.48 (0.01) $0.47
3rd Quarter
(As Previously
Reported)
Lease
Adjustment
3rd Quarter
(As Restated,
see Note 2)
2004
Total revenue $584,282 -- $584,282
Gross profit 393,564 -- 393,564
Income before income taxes 40,845 (572) 40,273
Net income 26,182 (367) 25,815
Net income per share – basic $0.53 -- $0.53
Net income per share - diluted $0.52 (0.01) $0.51
2003
Total revenue $527,189 -- $527,189
Gross profit 361,811 -- 361,811
Income before income taxes 36,277 (517) 35,760
Net income 23,399 (333) 23,066
Net income per share – basic $0.48 (0.01) $0.47
Net income per share - diluted $0.46 (0.01) $0.45
4th Quarter
(As Previously
Reported)
Lease
Adjustment
4th Quarter*
(As Restated,
see Note 2)
2004
Total revenue $607,499 -- $607,499
Gross profit 411,941 -- 411,941
Income before income taxes 46,677 (543) 46,134
Net income 29,919 (348) 29,571
Net income per share – basic $0.61 -- $0.61
Net income per share - diluted $0.60 (0.01) $0.59
2003
Total revenue $580,335 -- $580,335
Gross profit 397,875 -- 397,875
Income before income taxes 55,169 (465) 54,704
Net income 35,519 (300) 35,219
Net income per share – basic $0.74 (0.01) $0.73
Net income per share - diluted $0.70 -- $0.70
*The Company recorded charges of $5,210 before taxes during the quarter ended July 30, 2004, as a result of a
settlement in principle of certain previously reported lawsuits against its Cracker Barrel subsidiary (see Note 10).