Papa Johns 2012 Annual Report Download - page 57

Download and view the complete annual report

Please find page 57 of the 2012 Papa Johns annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 109

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109

51
The following table presents the actual average block price for cheese by quarter in 2012, 2011 and 2010
and the average BIBP block price by quarter for 2010 (not applicable in 2011 and 2012). Also presented
is the projected full-year 2013 average block price (based on the February 24, 2013 Chicago Mercantile
Exchange cheese futures prices for 2013):
2013 2012 2011
Projected Block Block BIBP Actual
Market Price Price Block Price Block Price
Quarter 1 1.689$ 1.522$ 1.695$ 1.595$ 1.431$
Quarter 2 1.749 1.539 1.736 1.529 1.407
Quarter 3 1.840 1.750 2.006 1.572 1.597
Quarter 4 1.808 1.939 1.760 1.645 1.578
Full Year 1.772$ 1.692$ 1.799$ 1.585$ 1.503$
2010