Popeye's 2013 Annual Report Download - page 13

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Financial Highlights & Key Operational Metrics
(dollars in millions, except per common share data) 2013 2012 2011
Franchise royalties and fees $ 121.9 $ 110.5 $ 95.0
Total revenues(1) $ 206.0 $ 178.8 $ 153.8
Net income $ 34.1 $ 30.4 $ 24.2
Earnings per common share, diluted(2) $ 1.41 $ 1.24 $ 0.97
Adjusted earnings per common share, diluted(3,6) $ 1.43 $ 1.24 $ 0.99
Operating EBITDA(4,6) $ 65.2 $ 55.9 $ 45.4
Operating EBITDA margin(4,6) 31.7% 31.3% 29.5%
Free cash flow(5,6) $ 42.0 $ 36.7 $ 28.5
Global system-wide sales growth(7) 8.2% 13.5% 6.6%
Domestic same-store sales growth 3.6% 7.5% 3.0%
International same-store sales growth 4.7% 2.6% 3.3%
Global same-store sales growth 3.7% 6.9% 3.1%
New restaurant openings 194 141 140
Total restaurants 2,225 2,104 2,035
See page 10 for definitions, computations and reconciliations to GAAP measures.
Board of Directors
Board of Directors (left to right)
R. William Ide, III, Partner, McKenna Long & Aldridge, LLP, Director since 2001, Age 73; Martyn R. Redgrave, Senior Advisor, Limited Brands, Inc., Director since 2013, Age 61;
Kelvin J. Pennington, President, Pennington Partners & Co., Director since 1996, Age 55; John M. Cranor, III, Chairman, Popeyes Louisiana Kitchen, Inc., Director since 2007,
Age 67; Cheryl A. Bachelder, Chief Executive Officer, Popeyes Louisiana Kitchen, Inc., Director since 2006, Age 57; Krishnan Anand, President, International Division of Molson
Coors Brewing Company, Director since 2010, Age 56; Victor Arias, Jr., Senior Client Partner, Korn/Ferry International, Director since 2001, Age 57; Carolyn Hogan Byrd, Founder,
Chairman, and Chief Executive Officer, GlobalTech Financial, LLC, Director since 2001, Age 65; Joel K. Manby, President and Chief Executive Officer, Herschend Family
Entertainment Corporation, Director since 2013, Age 54.
POPEYES LOUISIANA KITCHEN, INC. 2013 ANNUAL REPORT 9