McDonalds 2009 Annual Report Download - page 47

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Quarterly Results (Unaudited)
Quarters ended
December 31 Quarters ended
September 30 Quarters ended
June 30 Quarters ended
March 31
In millions, except per share
data 2009 2008 2009 2008 2009 2008 2009 2008
Revenues
Sales by Company-
operated restaurants $4,030.0 $3,855.0 $4,093.6 $4,411.1 $3,850.2 $4,296.0 $3,484.7 $3,998.8
Revenues from
franchised restaurants 1,943.4 1,710.0 1,953.1 1,856.2 1,797.0 1,779.3 1,592.7 1,616.0
Total revenues 5,973.4 5,565.0 6,046.7 6,267.3 5,647.2 6,075.3 5,077.4 5,614.8
Company-operated
margin 758.4 664.1 793.8 823.9 690.9 760.8 564.2 659.2
Franchised margin 1,595.0 1,411.7 1,614.5 1,539.3 1,479.0 1,464.0 1,296.0 1,316.2
Operating income 1,826.3(1) 1,502.2 1,932.8 1,823.7 1,681.5 1,654.2 1,400.4 1,462.8
Net income $1,216.8(1) $ 985.3 $1,261.0 $1,191.3 $1,093.7(2) $1,190.5(3) $ 979.5(4) $ 946.1
Net income per
common share—
basic: $ 1.13(1) $ 0.88 $ 1.16 $ 1.07 $ 1.00(2) $ 1.05(3) $ 0.88(4) $ 0.83
Net income per
common share—
diluted: $ 1.11(1) $ 0.87 $ 1.15 $ 1.05 $ 0.98(2) $ 1.04(3) $ 0.87(4) $ 0.81
Dividends declared
per common share $ 1.05(5) $ 0.875(6) $ 0.50 $ 0.375 $ 0.50 $ 0.375
Weighted-average
common shares—
basic 1,078.0 1,115.4 1,084.5 1,116.6 1,097.3 1,128.9 1,109.6 1,145.6
Weighted-average
common shares—
diluted 1,093.1 1,131.6 1,098.2 1,136.0 1,111.4 1,148.8 1,124.4 1,165.3
Market price per
common share:
High $ 64.75 $ 64.02 $ 59.59 $ 67.00 $ 61.01 $ 61.76 $ 64.46 $ 59.48
Low 56.03 45.79 53.88 55.55 51.76 55.14 50.44 49.36
Close 62.44 62.19 57.07 61.70 57.49 56.22 54.57 55.77
(1) Includes net pretax income of $65.2 million ($87.0 million after tax or $0.08 per share) primarily related to the resolution of certain liabilities retained in connection with the 2007 Latin
America developmental license transaction.
(2) Includes income of $11.1 million ($0.01 per share) related to the sale of the Company’s minority ownership interest in Redbox Automated Retail, LLC.
(3) Includes income of $109.0 million ($0.09 per share-basic, $0.10 per share-diluted) due to the sale of the Company’s minority ownership interest in U.K.-based Pret A Manger.
(4) Includes income of $47.4 million ($0.04 per share) due to the sale of the Company’s minority ownership interest in Redbox Automated Retail, LLC.
(5) Includes a $0.50 per share dividend declared and paid in third quarter and a $0.55 per share dividend declared in third quarter and paid in fourth quarter.
(6) Includes a $0.375 per share dividend declared and paid in third quarter and a $0.50 per share dividend declared in third quarter and paid in fourth quarter.
McDonald’s Corporation Annual Report 2009 45