Brinker International Inc.®

Annual Report 2006


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14. QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

The following table summarizes the unaudited consolidated quarterly results of operations for fiscal 2006 and 2005 (in thousands, except per share amounts):

  Fiscal Year 2006
Quarters Ended
  Sept. 28   Dec. 28   March 29   June 28
Revenues    $ 975,896         $ 1,009,083         $ 1,092,790         $ 1,073,522     
Income before provision for income taxes $ 57,747   $ 59,648   $ 91,381   $ 96,622  
Income from continuing operations $ 38,442   $ 39,370   $ 63,131   $ 73,007  
Basic earnings per share from continuing
    operations
$ 0.44   $ 0.46   $ 0.74   $ 0.87  
Diluted earnings per share from continuing
    operations
$ 0.43   $ 0.45   $ 0.73   $ 0.85  
Basic weighted average shares outstanding   87,807     85,980     85,245     84,347  
Diluted weighted average shares
    outstanding
  89,233     87,618     86,788     85,568  
 

Fiscal Year 2005
Quarters Ended
  Sept. 28   Dec. 28   March 29   June 28
Revenues $ 870,965   $ 909,721   $ 970,452   $ 998,401  
Income before provision for income taxes $ 10,608   $ 43,328   $ 80,949   $ 56,714  
Income from continuing operations $ 15,676   $ 40,820   $ 54,903   $ 47,057  
Basic earnings per share from continuing
    operations
$ 0.17   $ 0.47   $ 0.62   $ 0.53  
Diluted net income per share from
    continuing operations
$ 0.17   $ 0.44   $ 0.60   $ 0.52  
Basic weighted average shares outstanding   89,761     87,505     88,109     88,746  
Diluted weighted average shares
    outstanding
  98,730     96,471     91,769     90,062  
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