XML 20 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements Of Earnings - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Sep. 30, 2018
Oct. 01, 2017
Oct. 02, 2016
Document Fiscal Year Focus 2018    
Total revenue $ 869,690 $ 1,097,291 $ 1,162,258
Operating costs and expenses, net:      
Cost, Direct Material 128,947 206,653 235,538
Payroll and employee benefits 129,089 211,611 223,019
Occupancy and other 71,803 124,367 129,763
Total company restaurant costs 329,839 542,631 588,320
Selling, general, and administrative expenses 106,649 120,640 152,147
Depreciation, Depletion and Amortization 59,422 67,398 72,786
Impairment and other charges, net 18,418 13,169 9,929
Gains on the sale of company-operated restaurants (46,164) (38,034) (1,230)
Total operating costs and expenses 638,076 855,238 970,765
Earnings from operations 231,614 242,053 191,493
Interest expense, net 45,547 38,148 24,280
Earnings from continuing operations and before income taxes 186,067 203,905 167,213
Income taxes 81,728 75,332 60,740
Earnings from continuing operations 104,339 128,573 106,473
Earnings from discontinued operations, net of income taxes 17,032 6,759 17,600
Net earnings $ 121,371 $ 135,332 $ 124,073
Net earnings per share — basic:      
Earnings from continuing operations $ 3.66 $ 4.20 $ 3.16
Earnings from discontinued operations 0.60 0.22 0.52
Net earnings per share (1) [1] 4.26 4.42 3.68
Net earnings per share — diluted:      
Earnings from continuing operations 3.62 4.16 3.12
Earnings from discontinued operations 0.59 0.22 0.52
Net earnings per share (usd per share) [1] $ 4.21 $ 4.38 $ 3.63
Weighted-average shares outstanding:      
Basic (in shares) 28,499 30,630 33,735
Diluted (in shares) 28,807 30,914 34,146
Cash dividends declared per common share $ 1.60 $ 1.60 $ 1.20
Company restaurant sales      
Total revenue $ 448,058 $ 715,921 $ 789,040
Franchise rental revenues      
Total revenue 259,047 231,578 232,794
Operating costs and expenses, net:      
Total company restaurant costs 11,593 8,811 11,107
Franchise occupancy expenses (excluding depreciation and amortization) 158,319 140,623 137,706
Franchise royalties and other      
Total revenue $ 162,585 $ 149,792 $ 140,424
[1] ________________________(1) Earnings per share may not add due to rounding.