Dunkin' Donuts 2013 Annual Report Download - page 36

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-26-
Item 6. Selected Financial Data.
The following table sets forth our selected historical consolidated financial and other data, and should be read in conjunction
with “Management’s discussion and analysis of financial condition and results of operations” and the consolidated financial
statements and the related notes thereto appearing elsewhere in this Annual Report on Form 10-K. The selected historical
financial data has been derived from our audited consolidated financial statements. Historical results are not necessarily
indicative of the results to be expected for future periods. The data in the following table related to adjusted operating income,
adjusted net income, points of distribution, comparable store sales growth, franchisee-reported sales, company-owned store
sales, and systemwide sales growth are unaudited for all periods presented. The data for fiscal year 2011 reflects the results of
operations for a 53-week period. All other periods presented reflect the results of operations for 52-week periods.
Fiscal Year
2013 2012 2011 2010 2009
($ in thousands, except per share data or as otherwise noted)
Consolidated Statements of Operations
Data:
Franchise fees and royalty income $ 453,976 418,940 398,474 359,927 344,020
Rental income 96,082 96,816 92,145 91,102 93,651
Sales of ice cream products 112,276 94,659 100,068 84,989 75,256
Sales at company-owned restaurants 24,976 22,922 12,154 17,362 2,170
Other revenues 26,530 24,844 25,357 23,755 22,976
Total revenues 713,840 658,181 628,198 577,135 538,073
Amortization of intangible assets 26,943 26,943 28,025 32,467 35,994
Long-lived asset impairment charges 563 1,278 2,060 7,075 8,517
Other operating costs and expenses(1)(2) 406,288 412,882 389,329 361,893 323,318
Total operating costs and expenses 433,794 441,103 419,414 401,435 367,829
Net income (loss) of equity method
investments(3) 18,370 22,351 (3,475) 17,825 14,301
Operating income 304,736 239,429 205,309 193,525 184,545
Interest expense, net (79,831) (73,488)(104,449)(112,532)(115,019)
Gain (loss) on debt extinguishment and
refinancing transactions (5,018) (3,963)(34,222)(61,955) 3,684
Other gains (losses), net (1,799) 23 175 408 1,066
Income before income taxes 218,088 162,001 66,813 19,446 74,276
Net income attributable to Dunkin' Brands $ 146,903 108,308 34,442 26,861 35,008
Earnings (loss) per share:
Class L—basic and diluted n/a n/a 6.14 4.87 4.57
Common—basic $ 1.38 0.94 (1.41)(2.04)(1.69)
Common—diluted 1.36 0.93 (1.41)(2.04)(1.69)