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Quarterly Financial Data (Unaudited):
12 Months Ended
Dec. 29, 2018
Quarterly Financial Data (Unaudited):  
Quarterly Financial Data (Unaudited):

14.     Quarterly Financial Data (Unaudited):

 

The Company’s unaudited quarterly results for the years ended December 29, 2018 and December 30, 2017 were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

First

    

Second

    

Third

    

Fourth

    

 

 

 

 

 

Quarter

 

Quarter

 

Quarter

 

Quarter

 

Total

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Revenue

 

$

18,161,000

 

$

18,159,800

 

$

19,118,500

 

$

17,071,800

 

$

72,511,100

 

Income from Operations

 

 

10,074,200

 

 

10,074,700

 

 

11,435,300

 

 

10,179,600

 

 

41,763,800

 

Net Income

 

 

6,960,400

 

 

7,143,000

 

 

8,364,300

 

 

7,657,800

 

 

30,125,500

 

Net Income Per Common Share — Basic

 

$

1.81

 

$

1.85

 

$

2.15

 

$

1.96

 

$

7.77

 

Net Income Per Common Share — Diluted

 

$

1.69

 

$

1.73

 

$

2.01

 

$

1.83

 

$

7.26

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017(1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Revenue

 

$

17,810,900

 

$

16,429,700

 

$

17,730,900

 

$

17,785,800

 

$

69,757,300

 

Income from Operations

 

 

9,313,400

 

 

8,813,100

 

 

10,039,500

 

 

10,639,000

 

 

38,805,000

 

Net Income

 

 

5,550,800

 

 

5,530,700

 

 

5,860,600

 

 

7,638,400

 

 

24,580,500

 

Net Income Per Common Share — Basic

 

$

1.33

 

$

1.32

 

$

1.46

 

$

1.99

 

$

6.06

 

Net Income Per Common Share — Diluted

 

$

1.25

 

$

1.23

 

$

1.36

 

$

1.86

 

$

5.66

 


(1)

2017 amounts adjusted for the adoption of ASU 2014-09 on a full retrospective basis. See Note 2 – “Significant Accounting Policies”.

 

The total of basic and diluted earnings per common share by quarter may not equal the totals for the year as there are changes in the weighted average number of common shares outstanding each quarter and basic and diluted earnings per common share are calculated independently for each quarter.