Cracker Barrel 2005 Annual Report Download - page 34

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CBRL GROUP, INC.
Selected Financial Data
(Dollars in thousands except share data)
For each of the fiscal years ended
July 29, July 30, August 1, August 2, August 3,
2005 2004(c) 2003 2002 2001(d) (e) (f)
SELECTED INCOME STATEMENT DATA:
Total revenue $ 2,567,548 $ 2,380,947 $ 2,198,182 $ 2,071,784 $ 1,967,998
Net income 126,640 111,885 105,108 90,444 48,550
Net income per share:
Basic 2.65 2.29 2.13 1.67 0.86
Diluted 2.45 2.12 1.97 1.59 0.85
Dividends paid per share(a) $ 0.47 $ 0.33 $ 0.02 $ 0.02 $ 0.02
AS PERCENT OF REVENUES:
Cost of goods sold 33.0% 33.0% 32.0% 32.7% 33.8%
Labor and other related expenses 36.6 37.0 37.3 37.5 37.2
Other store operating expenses 17.4 17.0 17.3 17.1 18.2
Store operating income 13.0 13.0 13.4 12.7 10.8
General and administrative expenses 5.1 5.3 5.6 5.6 5.2
Operating income 7.9 7.7 7.8 7.1 4.9
Income before income taxes 7.5 7.3 7.4 6.8 4.2
Memo: Depreciation and amortization 2.6 2.7 2.9 3.0 3.3
SELECTED BALANCE SHEET DATA:
Working capital (deficit) $ (104,862) $ (39,195) $ (66,880) $ (51,252) $ (34,701)
Total assets 1,533,272 1,435,704 1,327,165 1,264,673 1,213,797
Long-term debt 212,218 185,138 186,730 194,476 125,000
Other long-term obligations 48,411 36,225 30,454 25,992 19,697
Shareholders’ equity 869,988 873,336 789,362 778,881 843,340
SELECTED CASH FLOW DATA:
Cash provided by operating activities $ 279,903 $ 200,365 $ 240,586 $ 196,277 $ 147,859
Purchase of property and equipment 171,447 144,611 120,921 96,692 91,439
Share repurchases 159,328 69,206 166,632 216,834 36,444
SELECTED OTHER DATA:
Common shares outstanding at end of year 46,619,803 48,769,368 47,872,542 50,272,459 55,026,846
STORES OPEN AT END OF YEAR:
Cracker Barrel 529 504 480 457 437
Logan’s company-operated 124 107 96 84 75
Logan’s franchised 23 20 16 12 8
COMPARABLE STORE SALES(b):
Average Unit Annual Sales:
Cracker Barrel restaurant $ 3,313 $ 3,217 $ 3,157 $ 3,150 $ 3,082
Cracker Barrel retail 955 988 939 945 946
Memo: Cracker Barrel number of stores
in comparable base 466 445 430 414 376
Logan’s company-operated $ 3,160 $ 3,040 $ 2,915 $ 2,959 $ 3,041
Memo: Logan’s number of restaurants
in comparable base 93 83 71 59 40
Period to period increase (decrease)
in comparable store sales:
Cracker Barrel restaurant 3.1% 2.0% 0.5% 5.3% 4.6%
Cracker Barrel retail (2.7) 5.3 (0.4) 2.3 1.1
Logan’s company-operated 3.4 4.8 0.0 2.4 (1.1)
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