Einstein Bros 2010 Annual Report Download - page 46

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Form 10-K
http://www.sec.gov/Archives/edgar/data/949373/000119312511067286/d10k.htm[9/11/2014 10:09:09 AM]
Commitments and contingencies
Series Z Preferred Stock, $.001 par value, $1,000 per share liquidation value; 9,494, 6,480 and 6,480 shares outstanding, respectively 10,566 10,566 7,571 7,571 7,388 7,388
Stockholders’ equity:
Series A junior participating preferred stock, 700,000 shares authorized; no shares issued and outstanding — — — — — —
Common stock, $.001 par value; 25,000,000 shares authorized;
16,470,719, 16,551,221 and 16,578,109 shares issued and outstanding, respectively 16 16 17 17 17 17
Additional paid-in capital 267,293 267,293 268,427 268,427 269,154 269,154
Accumulated other comprehensive loss, net of income tax (833) (833) (338) (338) — —
Accumulated deficit (202,761) (200,724) (199,513) (197,476) (196,113) (194,076)
Total stockholders’ equity 63,715 65,752 68,593 70,630 73,058 75,095
Total liabilities and stockholders’ equity $ 211,532 $ 213,569 $ 205,367 $ 207,404 $ 206,768 $ 208,805
90
Table of Contents
EINSTEIN NOAH RESTAURANT GROUP, INC. AND SUBSIDIARIES
Notes to Consolidated Financial Statements
The following tables summarize the unaudited consolidated quarterly results on the Company’ s Consolidated Balance Sheets as of and for fiscal years ended 2008 and 2009 and the related 13 week
periods for each Consolidated Statement of Operations presented as well as the 13, 26, 39 and 52 weeks ended for the Consolidated Statements of Cash Flows presented:
As Reported
Fiscal Year Ended 2008:
April 1,
2008
July 1,
2008
September 30,
2008
December 30,
2008
(in thousands)
Consolidated Balance Sheets
Deferred income tax liabilities $— $— $— $—
Total liabilities 183,234 181,789 185,050 186,580
Accumulated deficit (292,611) (285,697) (281,160) (275,376)
Total stockholders’ deficit (29,075) (21,821) (17,328) (13,651)
Total liabilities and stockholders’ deficit 154,159 159,968 167,722 172,929
As Restated
April 1,
2008
July 1,
2008
September 30,
2008
December 30,
2008
(in thousands)
Consolidated Balance Sheets
Deferred income tax liabilities $ 15,305 $ 15,647 $ 15,989 $ 16,331
Total liabilities 198,539 197,436 201,039 202,911
Accumulated deficit (307,916) (301,344) (297,149) (291,707)
Total stockholders’ deficit (44,380) (37,468) (33,317) (29,982)
Total liabilities and stockholders’ deficit 154,159 159,968 167,722 172,929
Difference
April 1,
2008
July 1,
2008
September 30,
2008
December 30,
2008
(in thousands)
Consolidated Balance Sheets
Deferred income tax liabilities $ 15,305 $ 15,647 $ 15,989 $ 16,331
Total liabilities 15,305 15,647 15,989 16,331
Accumulated deficit (15,305) (15,647) (15,989) (16,331)
Total stockholders’ deficit (15,305) (15,647) (15,989) (16,331)
Total liabilities and stockholders’ deficit — — — —
91
Table of Contents
EINSTEIN NOAH RESTAURANT GROUP, INC. AND SUBSIDIARIES
Notes to Consolidated Financial Statements
As Reported
April 1,
2008
July 1,
2008
September 30,
2008
December 30,
2008
(in thousands, except earnings per share information)
Consolidated Statements of Operations
Provision for income tax $ 142 $ 298 $ 210 $ 450
Net income 3,842 6,914 4,537 5,784
Net income available to common stockholders per share—Basic $ 0.24 $ 0.43 $ 0.28 $ 0.36
Net income available to common stockholders per share—Diluted $ 0.23 $ 0.42 $ 0.28 $ 0.36
As Restated
April 1,
2008
July 1,
2008
September 30,
2008
December 30,
2008
(in thousands, except earnings per share information)
Consolidated Statements of Operations
Provision for income tax $ 484 $ 640 $ 552 $ 792
Net income 3,500 6,572 4,195 5,442
Net income available to common stockholders per share—Basic $ 0.22 $ 0.41 $ 0.26 $ 0.34
Net income available to common stockholders per share—Diluted $ 0.21 $ 0.40 $ 0.26 $ 0.34
Difference
April 1,
2008
July 1,
2008
September 30,
2008
December 30,
2008
(in thousands, except earnings per share information)
Consolidated Statements of Operations
Provision for income tax $ 342 $ 342 $ 342 $ 342
Net income (342) (342) (342) (342)
Net income available to common stockholders per share—Basic $ (0.02) $ (0.02) $ (0.02) $ (0.02)
Net income available to common stockholders per share—Diluted $ (0.02) $ (0.02) $ (0.02) $ (0.02)
92