Selected Financial Data (In thousands, except per share amounts and number of restaurants)
| |
Fiscal Years |
 |
 |
| |
2003 |
|
2002 |
|
2001 |
|
2000 |
|
1999(a) |
 |
 |
 |
 |
 |
 |
| Income Statement Data: |
| Revenues |
$ |
3,285,394 |
|
$ |
2,887,111 |
|
$ |
2,406,874 |
|
$ |
2,100,496 |
|
$ |
1,818,008 |
|
 |
 |
 |
 |
 |
 |
| Operating Costs and Expenses: |
| Cost of sales |
|
900,379 |
|
|
796,714 |
|
|
663,357 |
|
|
575,570 |
|
|
507,103 |
|
| Restaurant expenses |
|
1,828,496 |
|
|
1,591,367 |
|
|
1,303,349 |
|
|
1,138,487 |
|
|
984,027 |
|
| Depreciation and amortization |
|
158,153 |
|
|
130,102 |
|
|
100,064 |
|
|
90,647 |
|
|
82,385 |
|
| General and administrative |
|
131,763 |
|
|
121,420 |
|
|
109,110 |
|
|
100,123 |
|
|
90,311 |
|
 |
 |
 |
 |
 |
 |
| Total operating costs and expenses |
|
3,018,791 |
|
|
2,639,603 |
|
|
2,175,880 |
|
|
1,904,827 |
|
|
1,663,826 |
|
 |
 |
 |
 |
 |
 |
| Operating income |
|
266,603 |
|
|
247,508 |
|
|
230,994 |
|
|
195,669 |
|
|
154,182 |
|
| Interest expense |
|
12,449 |
|
|
13,327 |
|
|
8,608 |
|
|
10,746 |
|
|
9,241 |
|
| Other, net |
|
567 |
|
|
2,332 |
|
|
459 |
|
|
3,381 |
|
|
14,402 |
|
 |
 |
 |
 |
 |
 |
| Income before provision for income taxes and |
| cumulative effect of accounting change |
|
253,587 |
|
|
231,849 |
|
|
221,927 |
|
|
181,542 |
|
|
130,539 |
|
| Provision for income taxes |
|
84,951 |
|
|
79,136 |
|
|
76,779 |
|
|
63,702 |
|
|
45,297 |
|
 |
 |
 |
 |
 |
 |
| Income before cumulative effect of accounting change . |
|
168,636 |
|
|
152,713 |
|
|
145,148 |
|
|
117,840 |
|
|
85,242 |
|
| Cumulative effect of accounting change |
|
|
|
|
|
|
|
|
|
|
|
|
|
6,407 |
|
 |
 |
 |
 |
 |
 |
| Net income |
$ |
168,636 |
|
$ |
152,713 |
|
$ |
145,148 |
|
$ |
117,840 |
|
$ |
78,835 |
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
| Basic Earnings Per Share: |
| Income before cumulative effect of accounting |
| change |
$ |
1.74 |
|
$ |
1.56 |
|
$ |
1.46 |
|
$ |
1.20 |
|
$ |
0.86 |
|
| Cumulative effect of accounting change |
|
|
|
|
|
|
|
|
|
|
|
|
|
0.06 |
|
 |
 |
 |
 |
 |
 |
| Basic net income per share |
$ |
1.74 |
|
$ |
1.56 |
|
$ |
1.46 |
|
$ |
1.20 |
|
$ |
0.80 |
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
| Diluted Earnings Per Share: |
| Income before cumulative effect of accounting |
| change |
$ |
1.70 |
|
$ |
1.52 |
|
$ |
1.42 |
|
$ |
1.17 |
|
$ |
0.83 |
|
| Cumulative effect of accounting change |
|
|
|
|
|
|
|
|
|
|
|
|
|
0.06 |
|
 |
 |
 |
 |
 |
 |
| Diluted net income per share |
$ |
1.70 |
|
$ |
1.52 |
|
$ |
1.42 |
|
$ |
1.17 |
|
$ |
0.77 |
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
| Basic weighted average shares outstanding |
|
97,096 |
|
|
97,862 |
|
|
99,101 |
|
|
98,445 |
|
|
98,888 |
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
| Diluted weighted average shares outstanding |
|
99,135 |
|
|
100,565 |
|
|
102,098 |
|
|
101,114 |
|
|
102,183 |
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
| Balance Sheet Data (End of Period): |
| Working capital deficit |
$ |
(143,744 |
) |
$ |
(160,266 |
) |
$ |
(110,006 |
) |
$ |
(127,377 |
) |
$ |
(86,969 |
) |
| Total assets |
|
1,943,290 |
|
|
1,783,336 |
|
|
1,445,320 |
|
|
1,162,328 |
|
|
1,093,463 |
|
| Long-term obligations |
|
492,829 |
|
|
504,020 |
|
|
294,803 |
|
|
169,120 |
|
|
234,086 |
|
| Shareholders' equity |
|
1,140,250 |
|
|
977,096 |
|
|
900,287 |
|
|
762,208 |
|
|
661,439 |
|
| Number of Restaurants Open (End of Period): |
| Company-operated |
|
1,145 |
|
|
1,039 |
|
|
899 |
|
|
774 |
|
|
707 |
|
| Franchised/Joint venture |
|
257 |
|
|
229 |
|
|
244 |
|
|
264 |
|
|
226 |
|
 |
 |
 |
 |
 |
 |
| Total |
|
1,402 |
|
|
1,268 |
|
|
1,143 |
|
|
1,038 |
|
|
933 |
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
(a) Fiscal year 1999 consisted of 53 weeks while all other periods presented consisted of 52 weeks.
|