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
	2014				2013				2012				2011				2010
Statement of Income:
Revenue		$	4,108,269			$	3,214,591			$	2,731,224			$	2,269,548			$	1,835,922

Food, beverage and packaging costs			1,420,994				1,073,514				891,003				738,720				561,107
Labor costs			904,407				739,800				641,836				543,119				453,573
Occupancy costs			230,868				199,107				171,435				147,274				128,933
Other operating costs			434,244				347,401				286,610				251,208				202,904
General and administrative expenses			273,897				203,733				183,409				149,426				118,590
Depreciation and amortization			110,474				96,054				84,130				74,938				68,921
Pre-opening costs			15,609				15,511				11,909				8,495				7,767
Loss on disposal of assets			6,976				6,751				5,027				5,806				6,296

Total operating expenses			3,397,469				2,681,871				2,275,359				1,918,986				1,548,091

Income from operations			710,800				532,720				455,865				350,562				287,831
Interest and other income (expense), net			3,503				1,751				1,820				(857	)			1,230

Income before income taxes			714,303				534,471				457,685				349,705				289,061
Provision for income taxes			(268,929	)			(207,033	)			(179,685	)			(134,760	)			(110,080	)

Net income		$	445,374			$	327,438			$	278,000			$	214,945			$	178,981

Earnings per share
Basic		$	14.35			$	10.58			$	8.82			$	6.89			$	5.73
Diluted		$	14.13			$	10.47			$	8.75			$	6.76			$	5.64
Weighted average common shares outstanding
Basic			31,038				30,957				31,513				31,217				31,234
Diluted			31,512				31,281				31,783				31,775				31,735

		As of December 31
	2014				2013				2012				2011				2010
Balance Sheet Data:
Total current assets		$	878,479			$	666,307			$	546,607			$	501,192			$	406,221
Total assets		$	2,546,285			$	2,009,280			$	1,668,667			$	1,425,308			$	1,121,605
Total current liabilities		$	245,710			$	199,228			$	186,852			$	157,453			$	123,054
Total liabilities		$	533,916			$	470,992			$	422,741			$	381,082			$	310,732
Total shareholders’ equity		$	2,012,369			$	1,538,288			$	1,245,926			$	1,044,226			$	810,873

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