Sonic 2011 Annual Report Download - page 53

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Notes to Consolidated Financial Statements
August 31, 2011, 2010 and 2009 (In thousands, except per share data)
5 1
20. Subsequent Event
On October 13, 2011, the company’s Board of Directors approved a stock repurchase program. Under the stock
repurchase program, the company is authorized to purchase up to $30 million of its outstanding shares of common stock
through August 31, 2012. The purchases may be made from time to time on the open market or in negotiated transactions,
depending on share price, market conditions and other factors. The stock repurchase program may be extended, modified,
suspended or discontinued at any time.
Third Quarter Fourth Quarter Full Year
2011 2010 2011 2010 2011 2010
$ 113,745 $ 108,752 $ 113,366 $ 115,406 $ 410,820 $ 414,369
37,038 35,925 37,626 38,375 131,894 132,016
1,315 1,368 192 1,291 3,237 4,541
152,098 146,045 151,184 155,072 545,951 550,926
95,714 93,278 96,899 97,585 355,291 354,659
17,212 17,096 16,165 16,295 64,943 66,847
10,139 10,645 10,419 10,657 41,225 42,615
49 188 511 14,973 824 15,161
123,114 121,207 123,994 139,510 462,283 479,282
(20) (184) 330 (58) 585 (763)
28,964 24,654 27,520 15,504 84,253 70,881
28,230 314 10 – 23,035 314
7,830 8,785 7,993 8,077 31,894 35,759
(7,096) 15,555 19,517 7,427 29,324 34,808
(2,742) 3,450 6,959 2,431 9,154 8,969
(4,354) 12,105 12,558 4,996 20,170 25,839
297 1,139 272 341 945 4,630
$ (4,651) $ 10,966 $ 12,286 $ 4,655 $ 19,225 $ 21,209
$ (0.08) $ 0.18 $ 0.20 $ 0.08 $ 0.31 $ 0.35
$ (0.08) $ 0.18 $ 0.20 $ 0.08 $ 0.31 $ 0.34
61,842 61,434 61,954 61,627 61,781 61,319
62,000 61,697 62,155 61,706 61,943 61,576