Einstein Bros 2003 Annual Report Download - page 53

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http://www.sec.gov/Archives/edgar/data/949373/000104746904009609/a2132006z10-k.htm[9/11/2014 10:13:55 AM]
as of the acquisition date, net of certain payments received from the Einstein bankruptcy estate.
The following unaudited pro forma consolidated statements of operations data for the year ended January 1, 2002, give effect to the Einstein
Acquisition as if it had occurred as of the beginning of such period. The following unaudited pro forma consolidated results of operations give
effect to purchase
F-21
accounting adjustments and the financings necessary to complete the acquisition. These unaudited pro forma results have been prepared for
comparative purposes only and do not purport to be indicative of what operating results would have been had the acquisitions actually taken place
as of the beginning of each period reported, and may not be indicative of future operating results.
Pro Forma
For the Year Ended
January 1, 2002
(amounts in thousands,
except per share data)
(Unaudited)
Revenues $ 403,777
Loss from operations $ (14,682)
Net loss $ (47,497)
Net loss available to common stockholders $ (92,084)
Loss per share—Basic and Diluted $ (153.06)
4. Property, Plant and Equipment
Property, plant and equipment consists of the following:
December 30,
2003
December 31,
2002
(amounts in thousands)
Leasehold improvements $ 49,712 $ 51,026
Store/factory equipment 56,963 49,781
Furniture & fixtures 1,588 1,799
Office and computer equipment 9,574 9,251
117,837 111,857
Less accumulated depreciation (50,037) (30,603)
$ 67,800 $ 81,254
Depreciation expense totaled approximately $20,375,000, $22,808,000 and $9,568,000, for the years ended December 30, 2003, December 31,
2002 and January 1, 2002, respectively.
5. Debt Issuance Costs and Other Assets
Debt issuance costs and other assets consist of the following:
December 30, December 31,