FORM 10-Q/A
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
AMENDMENT NO. 1 TO
QUARTERLY REPORT UNDER SECTION 13 OR 15 (d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the Quarter Ended December 24, 1997
Commission File Number 1-10275
BRINKER INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 75-1914582
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
6820 LBJ FREEWAY, DALLAS, TEXAS 75240
(Address of principal executive offices)
(Zip Code)
(972) 980-9917
(Registrant's telephone number, including area code)
Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15 (d) of the
Securities Exchange Act of 1934 during the preceding 12 months (or
for such shorter period that the registrant was required to file
such reports), and (2) has been subject to such filing requirements
for the past 90 days.
Yes X No
Number of shares of common stock of registrant outstanding at
December 24, 1997: 65,660,240
In response to the issuance by the Financial Accounting
Standards Board of Statement of Financial Accounting Standards No.
128, the Company is amending Item 6 and Exhibit 27 to include both
the Financial Data Schedule as of and for the 26 week period ended
December 24, 1997, and the restated Financial Data Schedule as of
and for the 26 week period December 25, 1996.
Item 6: EXHIBITS
Exhibit 27 Financial Data Schedule.
(a) Financial Data Schedule as of and for the 26 week period
ended December 24, 1997.
(b) Restated Financial Data Schedule as of and for the 26
week period ended December 25, 1996.
BRINKER INTERNATIONAL, INC.
Date: June 3, 1998 By:______________________________________________
Ronald A. McDougall, President and
Chief Executive Officer
(Duly Authorized Signatory)
Date: June 3, 1998 By:_______________________________________________
Russell G. Owens, Executive Vice President
and Chief Financial Officer
(Principal Financial and Accounting Officer)
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This Schedule contains summary financial information extracted from the
condensed consolidated balance sheet and related condensed consolidated
statement of income of Brinker International, Inc. as of and for the 26 week
period ended December 24, 1997, and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<RESTATED>
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-24-1998
<PERIOD-END> DEC-24-1997
<CASH> 24,175
<SECURITIES> 6,921
<RECEIVABLES> 21,641
<ALLOWANCES> (196)
<INVENTORY> 14,296
<CURRENT-ASSETS> 103,675
<PP&E> 981,892
<DEPRECIATION> (310,167)
<TOTAL-ASSETS> 929,124
<CURRENT-LIABILITIES> 147,004
<BONDS> 172,252
0
0
<COMMON> 7,815
<OTHER-SE> 698,059
<TOTAL-LIABILITY-AND-EQUITY> 929,124
<SALES> 743,108
<TOTAL-REVENUES> 750,465
<CGS> 204,536
<TOTAL-COSTS> 663,228
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 216
<INTEREST-EXPENSE> 6,853
<INCOME-PRETAX> 45,621
<INCOME-TAX> 15,739
<INCOME-CONTINUING> 29,882
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 29,882
<EPS-PRIMARY> 0.46
<EPS-DILUTED> 0.45
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
condensed consolidated balance sheet and related condensed consolidated
statement of income of Brinker International, Inc. as of and for the 26 week
period ended December 25, 1996, and is qualified in its entirety by reference
to such financial statements.
</LEGEND>
<RESTATED>
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-25-1997
<PERIOD-END> DEC-25-1996
<CASH> 19,620
<SECURITIES> 0
<RECEIVABLES> 19,796
<ALLOWANCES> (275)
<INVENTORY> 11,603
<CURRENT-ASSETS> 89,368
<PP&E> 965,552
<DEPRECIATION> (268,684)
<TOTAL-ASSETS> 980,439
<CURRENT-LIABILITIES> 203,455
<BONDS> 102,646
0
0
<COMMON> 7,763
<OTHER-SE> 631,498
<TOTAL-LIABILITY-AND-EQUITY> 980,439
<SALES> 612,576
<TOTAL-REVENUES> 619,590
<CGS> 176,363
<TOTAL-COSTS> 545,060
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 181
<INTEREST-EXPENSE> 3,205
<INCOME-PRETAX> 42,142
<INCOME-TAX> 14,117
<INCOME-CONTINUING> 28,025
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 28,025
<EPS-PRIMARY> 0.36<F1>
<EPS-DILUTED> 0.36<F1>
<FN>
<F1>Restated to reflect the adoption of Statement of Financial Accounting Standards
No. 128, "Earnings Per Share."
</FN>
</TABLE>
