Cracker Barrel 2006 Annual Report Download - page 32

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CBRL GROUP, INC.
Selected Financial Data
(Dollars in thousands except share data)
For each of the fiscal years ended
July 28, July 29, July 30, August 1, August 2,
2006(d) 2005(e) 2004(f) 2003 2002
SELECTED INCOME STATEMENT DATA:
Total revenue $ 2,642,997 $ 2,567,548 $ 2,380,947 $ 2,198,182 $ 2,071,784
Net income 116,291 126,640 111,885 105,108 90,444
Net income per share:
Basic 2.71 2.65 2.29 2.13 1.67
Diluted 2.50 2.45 2.12 1.97 1.59
Dividends paid per share(a) $ 0.51 $ 0.47 $ 0.33 $ 0.02 $ 0.02
AS PERCENT OF REVENUES:
Cost of goods sold 32.0% 33.0% 33.0% 32.0% 32.7%
Labor and related expenses 36.5 36.6 37.0 37.3 37.5
Impairment and store closing charges 0.3 — — — —
Other store operating expenses 18.1 17.4 17.0 17.3 17.1
Store operating income 13.1 13.0 13.0 13.4 12.7
General and administrative expenses 5.9 5.1 5.3 5.6 5.6
Operating Income 7.2 7.9 7.7 7.8 7.1
Income before income taxes 6.4 7.5 7.3 7.4 6.8
Memo: Depreciation and amortization 2.7 2.6 2.7 2.9 3.0
Share-based compensation 0.5 — — — —
SELECTED BALANCE SHEET DATA:
Working capital (deficit) $ (25,585) $ (104,862) $ (39,195) $ (66,880) $ (51,252)
Total assets 1,681,297 1,533,272 1,435,704 1,327,165 1,264,673
Long-term debt 911,464 212,218 185,138 186,730 194,476
Other long-term obligations 66,918 48,411 36,225 30,454 25,992
Shareholders’ equity 302,282 869,988 873,336 789,362 778,881
SELECTED CASH FLOW DATA:
Cash provided by operating activities $ 214,846 $ 281,164 $ 200,481 $ 240,586 $ 196,277
Purchase of property and equipment,
net of insurance recoveries 144,926 171,447 144,611 120,921 96,692
Share repurchases 704,160 159,328 69,206 166,632 216,834
SELECTED OTHER DATA:
Common shares outstanding at end of year 30,926,906 46,619,803 48,769,368 47,872,542 50,272,459
STORES OPEN AT END OF YEAR:
Cracker Barrel 543 529 504 480 457
Logan’s company-operated 141 124 107 96 84
Logan’s franchised 25 23 20 16 12
AVERAGE UNIT VOLUMES(b):
Cracker Barrel restaurant $ 3,248 $ 3,291 $ 3,217 $ 3,157 $ 3,150
Cracker Barrel retail 876 959 988 939 945
Logan’s company-operated $ 3,183 $ 3,172 $ 3,040 $ 2,915 $ 2,959
COMPARABLE STORE SALES(c):
Period to period (decrease) increase in
comparable store sales:
Cracker Barrel restaurant (1.1)% 3.1% 2.0% 0.5% 5.3%
Cracker Barrel retail (8.1) (2.7) 5.3 (0.4) 2.3
Logan’s company-operated 0.8 3.4 4.8 0.0 2.4
Memo: Cracker Barrel number of stores
in comparable base 482 466 445 430 414
Memo: Logan’s number of restaurants
in comparable base 100 93 83 71 59
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