Item 6. SELECTED FINANCIAL DATA

5K characters. Original on sec.gov · Markdown

Item 6. SELECTED FINANCIAL DATA

| --- | --- |

Our selected consolidated financial data shown below should be read together with Item 7. “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and our consolidated financial statements and respective notes included in Item 8. “Financial Statements and Supplementary Data.” The data shown below are not necessarily indicative of results to be expected for any future period (in thousands, except per share data).


		For the years ended December 31
	2013				2012				2011				2010				2009
Statement of Income:
Revenue		$	3,214,591			$	2,731,224			$	2,269,548			$	1,835,922			$	1,518,417

Food, beverage and packaging costs			1,073,514				891,003				738,720				561,107				466,027
Labor costs			739,800				641,836				543,119				453,573				385,072
Occupancy costs			199,107				171,435				147,274				128,933				114,218
Other operating costs			347,401				286,610				251,208				202,904				174,581
General and administrative expenses			203,733				183,409				149,426				118,590				99,149
Depreciation and amortization			96,054				84,130				74,938				68,921				61,308
Pre-opening costs			15,511				11,909				8,495				7,767				8,401
Loss on disposal of assets			6,751				5,027				5,806				6,296				5,956

Total operating expenses			2,681,871				2,275,359				1,918,986				1,548,091				1,314,712

Income from operations			532,720				455,865				350,562				287,831				203,705
Interest and other income (expense), net			1,751				1,820				(857	)			1,230				520

Income before income taxes			534,471				457,685				349,705				289,061				204,225
Provision for income taxes			(207,033	)			(179,685	)			(134,760	)			(110,080	)			(77,380	)

Net income		$	327,438			$	278,000			$	214,945			$	178,981			$	126,845

Earnings per share
Basic		$	10.58			$	8.82			$	6.89			$	5.73			$	3.99
Diluted		$	10.47			$	8.75			$	6.76			$	5.64			$	3.95
Weighted average common shares outstanding
Basic			30,957				31,513				31,217				31,234				31,766
Diluted			31,281				31,783				31,775				31,735				32,102

		As of December 31
	2013				2012				2011				2010				2009
Balance Sheet Data:
Total current assets		$	666,307			$	546,607			$	501,192			$	406,221			$	297,454
Total assets		$	2,009,280			$	1,668,667			$	1,425,308			$	1,121,605			$	961,505
Total current liabilities		$	199,228			$	186,852			$	157,453			$	123,054			$	102,153
Total liabilities		$	470,992			$	422,741			$	381,082			$	310,732			$	258,044
Total shareholders’ equity		$	1,538,288			$	1,245,926			$	1,044,226			$	810,873			$	703,461

Previous: Item 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES · Next: Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Item 6. SELECTED FINANCIAL DATA

Table of Contents