Carrols Restaurant Group, Inc.
Period Ending Dec 29, 2013 Dec 30, 2012 Jan 01, 2012 Jan 02, 2011
Total Revenue 663,483 539,608 347,518 357,073
Cost of Revenue 201,532 172,698 103,860 105,399
Gross Profit 461,951 366,910 243,658 251,674
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 428,970 354,248 219,895 224,037
Non-Recurring Items 4,462 977 1,293 709
Other 33,594 26,321 16,058 15,354
Operating Income (5,075) (14,636) 6,412 11,574
Income From Continuing Operations
Add'l Income/Expense Items - (1,509) (1,244) -
Earnings Before Interest and Tax (5,075) (16,145) 5,168 11,574
Interest Expense 18,841 12,764 7,353 8,957
Earnings Before Tax (23,916) (28,909) (2,185) 2,617
Income Tax (10,397) (10,093) (1,661) 807
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (13,519) (18,816) (524) 1,810
Non Recurring Events
Discontinued Operations - (72) 11,742 10,106
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (13,519) (18,888) 11,218 11,916
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (13,519) (18,888) 11,218 11,916