Annual report pursuant to Section 13 and 15(d)

Quarterly Financial Data

v2.4.0.6
Quarterly Financial Data
 12 Months Ended
Dec. 30, 2012
Quarterly Financial Data

16. QUARTERLY FINANCIAL DATA (UNAUDITED)

The following tables set forth certain unaudited consolidated financial information for each of the four quarters in fiscal 2012 and fiscal 2011 (in thousands, except per share data):

 

     2012  
     March 25      June 24      September 23      December 30  

Revenue

    $ 37,476       $ 43,545       $ 44,939       $ 46,680   

Operating income (1)

    $ 1,826       $ 4,354       $ 3,416       $ 3,700   

Net income (2)

    $ 381       $ 1,731       $ 790       $ 2,555   

Basic earnings per share

    $ 0.01       $ 0.16       $ 0.05       $ 0.05   

Diluted earnings per share

    $ 0.01       $ 0.15       $ 0.05       $ 0.05   
     2011  
     March 27      June 26      September 25      December 25  

Revenue

    $ 29,209       $ 32,997       $ 35,115       $ 33,262   

Operating income (3)

    $ 2,702       $ 1,888       $ 2,938       $ 1,932   

Net income

    $ 1,264       $ 674       $ 1,208       $ 318   

Basic earnings per share

    $ 0.09       $ 0.05       $ 0.08       $ 0.02   

Diluted earnings per share

    $ 0.09       $ 0.04       $ 0.08       $ —      

 

(1) Contains a termination payment to the Sponsor to terminate its advisory agreement, in the first quarter of 2012, which decreased income from operations by $2,000; contains expenses related to the secondary offering , in the fourth quarter of 2012, which decreased income from operations by $228.
(2) Contains a write off of unamortized loan origination fees related to the portion of long term debt that was repaid, in the third quarter of 2012, which decreased net income by $1,134.
(3) Contains a recording of a settlement with a former director and the payment of a one-time cash bonus to certain members of management, in the second quarter of 2011, which decreased income from operations by $1,264.