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Quarterly Data - Unaudited, in Thousands, except Per Share Data | 12 Months Ended
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Dec. 29, 2019
Quarterly Data - Unaudited, in Thousands, except Per Share Data |
Quarterly Data - Unaudited, in Thousands, except Per Share Data | 26. Quarterly Data - Unaudited, in Thousands, except Per Share Data ​ Our quarterly select financial data is as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Quarter |
2019 |  | 1st |  | 2nd |  | 3rd |  | 4th |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total revenues | ​ | $ | 398,405 | ​ | $ | 399,623 | ​ | $ | 403,706 | ​ | $ | 417,514 | ​
Operating income (loss) | ​ |  | 5,509 | ​ |  | 14,231 | ​ |  | 4,927 | ​ |  | (132) | ​
Net income (loss) attributable to the Company (a) | ​ |  | (1,731) | ​ |  | 8,354 | ​ |  | 385 | ​ |  | (2,142) | ​
Basic (loss) earnings per common share (a) | ​ | ​ | (0.12) | ​ | ​ | 0.15 | ​ | ​ | (0.10) | ​ | ​ | (0.18) | ​
Diluted (loss) earnings per common share (a) | ​ | ​ | (0.12) | ​ | ​ | 0.15 | ​ | ​ | (0.10) | ​ | ​ | (0.18) | ​
Dividends declared per common share | ​ | ​ | 0.225 | ​ | ​ | 0.225 | ​ | ​ | 0.225 | ​ | ​ | 0.225 | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Quarter |
2018 |  | 1st |  | 2nd |  | 3rd |  | 4th |
​ | ​ | (Note) | ​ | (Note) | ​ | (Note) | ​ | (Note) | ​
Total revenues | ​ | $ | 450,122 | ​ | $ | 429,952 | ​ | $ | 385,231 | ​ | $ | 397,566 | ​
Operating income (loss) | ​ |  | 28,139 | ​ |  | 24,910 | ​ |  | (14,170) | ​ |  | (7,326) | ​
Net income (loss) attributable to the Company (b) | ​ |  | 17,443 | ​ |  | 11,199 | ​ |  | (13,300) | ​ |  | (12,868) | ​
Basic earnings (loss) per common share (b) | ​ | ​ | 0.52 | ​ | ​ | 0.35 | ​ | ​ | (0.42) | ​ | ​ | (0.41) | ​
Diluted earnings (loss) per common share (b) | ​ | ​ | 0.52 | ​ | ​ | 0.35 | ​ | ​ | (0.42) | ​ | ​ | (0.41) | ​
Dividends declared per common share | ​ | ​ | 0.225 | ​ | ​ | 0.225 | ​ | ​ | 0.225 | ​ | ​ | 0.225 | ​
Note: The quarterly 2018 information has been restated to reflect the consolidation of Papa John’s Marketing Fund, Inc. See Note 2 under the heading “Restatement of Previously Issued Consolidated Financial Statements for Immaterial Error Correction” for more details. ​
| (a) | The year ended December 29, 2019 was impacted by the following:
i. The first, second, third and fourth quarters of 2019 include after income tax losses of $13.5 million, $4.2 million, $11.0 million and $19.8 million, respectively, and unfavorable impacts on diluted EPS of $0.43, $0.13, $0.35 and $0.62, respectively, from Special charges. See Note 19 for additional information. ii. The third and fourth quarters of 2019 include after tax gains of $1.3 million and $2.2 million, respectively, and favorable impacts on diluted EPS of $0.04 and $0.07, respectively, related to the Company’s refranchising of Company-owned restaurants.
| (b) | 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 12 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 20 for additional information. iii. The third and fourth quarters of 2018 include after income tax losses of $19.3 million and $19.7 million, respectively, and unfavorable impacts 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.
​ Quarterly earnings per share on a full-year basis may not agree to the Consolidated Statements of Operations due to rounding.

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- 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
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