Consolidated Statements of Income (In thousands, except per share amounts)
| |
Fiscal Years |
 |
 |
| |
2003 |
|
2002 |
|
2001 |
 |
 |
 |
 |
| Revenues |
$ |
3,285,394 |
|
$ |
2,887,111 |
|
$ |
2,406,874 |
|
 |
 |
 |
 |
| Operating Costs and Expenses: |
| Cost of sales |
|
900,379 |
|
|
796,714 |
|
|
663,357 |
|
| Restaurant expenses |
|
1,828,496 |
|
|
1,591,367 |
|
|
1,303,349 |
|
| Depreciation and amortization |
|
158,153 |
|
|
130,102 |
|
|
100,064 |
|
| General and administrative |
|
131,763 |
|
|
121,420 |
|
|
109,110 |
|
 |
 |
 |
 |
| Total operating costs and expenses |
|
3,018,791 |
|
|
2,639,603 |
|
|
2,175,880 |
|
 |
 |
 |
 |
| Operating income |
|
266,603 |
|
|
247,508 |
|
|
230,994 |
|
| Interest expense |
|
12,449 |
|
|
13,327 |
|
|
8,608 |
|
| Other, net |
|
567 |
|
|
2,332 |
|
|
459 |
|
 |
 |
 |
 |
| Income before provision for income taxes |
|
253,587 |
|
|
231,849 |
|
|
221,927 |
|
| Provision for income taxes |
|
84,951 |
|
|
79,136 |
|
|
76,779 |
|
 |
 |
 |
 |
| Net income |
$ |
168,636 |
|
$ |
152,713 |
|
$ |
145,148 |
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
| Basic net income per share |
$ |
1.74 |
|
$ |
1.56 |
|
$ |
1.46 |
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
| Diluted net income per share |
$ |
1.70 |
|
$ |
1.52 |
|
$ |
1.42 |
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
| Basic weighted average shares outstanding |
|
97,096 |
|
|
97,862 |
|
|
99,101 |
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
| Diluted weighted average shares outstanding |
|
99,135 |
|
|
100,565 |
|
|
102,098 |
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
See accompanying notes to consolidated financial statements.
|