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55
17. Selected Quarterly Financial Data (unaudited)
The following table presents selected quarterly financial data for the periods indicated (in thousands, including explanations below
the table, except per share data):
Fiscal 2005 — Quarters Ended(1)
April 19 July 12 October 4 December 27
Revenues.............................................................................................................. $ 178,148 $ 140,172 $ 148,626 $ 173,329
Operating profit ................................................................................................... 21,942 16,275 18,124 24,754
Net income........................................................................................................... 13,923 10,429 11,669 16,162
Basic earnings per share:
Net income ......................................................................................................... $ 0.45 $ 0.34 $ 0.38 $ 0.52
Diluted earnings per share:
Net income ......................................................................................................... $ 0.44 $ 0.33 $ 0.37 $ 0.51
Fiscal 2004 — Quarters Ended
(as restated)(2)
April 17
(as restated)(2)
July 10
(as restated)(2)
October 2
December 25
Revenues.................................................................................................. $ 129,899 $ 105,321 $ 113,772 $ 130,147
Operating profit ....................................................................................... 15,318 10,522 13,906 22,092
Net income............................................................................................... 9,494 6,475 8,568 14,043
Basic earnings per share:
Net income ............................................................................................. $ 0.32 $ 0.21 $ 0.28 $ 0.46
Diluted earnings per share:
Net income ............................................................................................. $ 0.31 $ 0.21 $ 0.28 $ 0.45
__________
(1) See “Quarterly Calendar Change” in Item 7 of this Form 10-K for the Consolidated Statement of Operations for each of the
quarters of fiscal 2005 conformed to the 2006 quarterly presentation.
(2) As described in Note 3 to the 2004 Form 10-K Consolidated Financial Statements, the Company restated its consolidated
statements of operations correcting the computation of straight-line rent expense and related leasehold improvement depreciation
expense and the classification of landlord allowances. The effect of the restatement increased operating profit by $43, $46, and
$50 for the quarters ended April 17, July 10, and October 2, respectively. The effect of the restatement increased net income by
$27, $29, and $32 for the same quarters ended, respectively. The restatement did not change previously reported basic or diluted
earnings per share in the Company’s first, second, or third quarters.