XML 47 R32.htm IDEA: XBRL DOCUMENT
v3.19.1

Quarterly Data - Unaudited, in Thousands, except Per Share Data | 12 Months Ended
--- | ---
Dec. 30, 2018
Quarterly Data - Unaudited, in Thousands, except Per Share Data |
Quarterly Data - Unaudited, in Thousands, except Per Share Data | 23. Quarterly Data - Unaudited, in Thousands, except Per Share Data Our quarterly select financial data is as follows:
|  | Quarter |
2018 |  | 1st |  | 2nd |  | 3rd |  | 4th |
Total revenues |  | $ | 427,369 |  | $ | 407,959 |  | $ | 364,007 |  | $ | 373,981 |
Operating income (loss) |  |  | 27,317 |  |  | 25,367 |  |  | (13,990) |  |  | (8,314) |
Net income (loss) attributable to the Company (a) |  |  | 16,737 |  |  | 11,791 |  |  | (13,033) |  |  | (13,849) |
Basic earnings per common share (a) |  | $ | 0.50 |  | $ | 0.37 |  | $ | (0.41) |  | $ | (0.44) |
Diluted earnings per common share (a) |  | $ | 0.50 |  | $ | 0.36 |  | $ | (0.41) |  | $ | (0.44) |
Dividends declared per common share |  | $ | 0.225 |  | $ | 0.225 |  | $ | 0.225 |  | $ | 0.225 |
|  | Quarter |
2017 |  | 1st |  | 2nd |  | 3rd |  | 4th |
Total revenues |  | $ | 449,266 |  | $ | 434,778 |  | $ | 431,709 |  | $ | 467,606 |
Operating income |  |  | 43,681 |  |  | 37,217 |  |  | 33,515 |  |  | 36,604 |
Net income attributable to the Company (b) |  |  | 28,428 |  |  | 23,538 |  |  | 21,817 |  |  | 28,509 |
Basic earnings per common share (b) |  | $ | 0.78 |  | $ | 0.66 |  | $ | 0.61 |  | $ | 0.82 |
Diluted earnings per common share (b) |  | $ | 0.77 |  | $ | 0.65 |  | $ | 0.60 |  | $ | 0.81 |
Dividends declared per common share |  | $ | 0.200 |  | $ | 0.200 |  | $ | 0.225 |  | $ | 0.225 |
| (a) |  | The year ended December 30, 2018 was impacted by the following:
i. The second quarter of 2018 includes an after income tax loss of $1.6 million and an unfavorable impact of $0.05 on basic and diluted EPS from the sale of our Company-owned stores in China. See Note 9 for additional information. ii. The second quarter of 2018 also includes a tax increase of $2.4 million and an unfavorable impact of $0.07 on basic and diluted EPS related to the refranchising our China stores. See Note 17 for additional information. iii. The third and fourth quarters of 2018 include an after income tax loss of $19.3 million and $19.7 million, respectively, and unfavorable impact on diluted EPS of $0.61 and $0.63, respectively, from Special charges. See Note 19 for additional information. iv. The fourth quarter of 2018 includes an after tax gain of $1.3 million and a favorable impact of $0.04 on basic and diluted EPS related to the Company’s refranchising of Company-owned restaurants.
| (b) |  | The year ended December 31, 2017 was impacted by the following:
i. The fourth quarter of 2017 includes an after income tax loss of $1.3 million and an unfavorable impact of $0.04 on basic and diluted EPS from an impairment charge related to our Company-owned stores in China. See Note 9 for additional information. ii. The fourth quarter of 2017 also includes a tax benefit of $7.0 million and favorable impact of $0.20 on basic and diluted EPS related to the “Tax Cuts and Jobs Act” that was signed in 2017. See Note 17 for additional information. iii. The fourth quarter of 2017 includes an after income tax benefit of $3.9 million and favorable impact on diluted EPS of $0.11 from a 14th week of operations. (c)All quarterly information except for the fourth quarter of 2017, is presented in 13-week periods. The fourth quarter of 2017 includes a 14-week period, which increased income after tax approximately $3.9 million, or $0.11 per diluted share. Quarterly earnings per share on a full-year basis may not agree to the Consolidated Statements of Operations due to rounding.

X
- References No definition available. + Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
Name: | us-gaap_QuarterlyFinancialInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration