WEN » Topics » RTM Statement of Operations for the Twelve Months Ended November 14, 2005

This excerpt taken from the WEN 8-K filed Aug 26, 2005.

RTM Statement of Operations for the Twelve Months Ended November 14, 2005

      A reconciliation of the audited combined statement of operations of RTM for the fiscal year ended May 30, 2004 to the unaudited combined statement of operations of RTM for the Twelve Months Ended November 14, 2004 set forth in the accompanying unaudited pro forma condensed consolidated statement of operations for the year ended January 2, 2005 is as follows (in thousands):

    Year Ended
May 30,
2004

  Less
24 Weeks Ended
November 9,
2003

  Add
24 Weeks Ended
November 14,
2004

  12 Months
Ended
November 14,
2004

Revenues:

                               

Net sales

     $ 739,996        $ 337,491        $ 375,596        $ 778,101  

Costs and expenses:

                               

Cost of sales, excluding depreciation and amortization

       602,506          272,839          301,092          630,759  

General and administrative, excluding depreciation and amortization

       77,710          36,648          38,387          79,449  

Depreciation and amortization

       24,926          10,676          12,971          27,221  
        
        
        
        
 

       705,142          320,163          352,450          737,429  
        
        
        
        
 

Operating profit

       34,854          17,328          23,146          40,672  

Interest expense, net

       (34,285 )        (14,716 )        (16,406 )        (35,975 )

Other income, net

       1,165          743          11          433  
        
        
        
        
 

Income from continuing operations before income taxes

       1,734          3,355          6,751          5,130  

Provision for income taxes

       (795 )        (769 )        (1,019 )        (1,045 )
        
        
        
        
 

Income from continuing operations

     $ 939        $ 2,586        $ 5,732        $ 4,085  
        
        
        
        
 

                               
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki