Brinker International, Inc. – Company Information

Brinker International Inc., logo
Company Brinker International, Inc.
Headquarters 6820 LBJ Freeway, Dallas, Texas, USA
CEO and President Wyman T. Roberts
CFO Marie L. Perry
Industry Restaurants
Founder Norman E. Brinker
Founded 1991
Type Public
NYSE stock symbol EAT
Revenue $2.823 billion (2014)
Net income $154.039 million (2014)
Earnings per share $2.26 USD (2014)
Employees 55,586 (2014)
Investor relations contact number: (972) 980-9917

Brinker International, Inc. is one of the world’s largest casual dining restaurant companies. It operates and owns the Chili’s Grill & Bar and Maggiano’s Little Italy restaurant chains.

The company is headquartered in Dallas, Texas, USA.

Brinker operates over 1,500 restaurants across 32 countries and two territories – attracting over a million customers on a daily basis.

The first Chili’s® Grill & Bar, founded by Larry Legine, was opened in Dallas on March 13, 1975. The restaurant was unique, described as being “casual dining, with a full-service restaurant boasting a fun, funky and laid back atmosphere.”

Chili’s was a success and in 1983 Norman Brinker, a prominent restaurant industry magnate, bought Chili’s 23 restaurant locations.

In 1990 Chili’s Inc. went public on the New York Stock Exchange and changed its name to Brinker International, Inc. A year later Brinker made its first step in globalizing the company by opening its first restaurant in Canada.

Brinker International Inc., has more than 100,000 team members that help operate the company’s Chili’s Grill & Bar (a casual dining restaurant chain with a fun and energetic atmosphere) and Maggiano’s Little Italy (a family style restaurant chain that focuses on Italian-American cuisine served in a warm and friendly atmosphere).

Income statement data (in $ thousands) 2014*1 2013*2
Revenues $2,905,452 $2,846,098
Company sales $2,823,069 $2,766,618
Franchise and other revenues $82,383 $79,480
Operating costs and expenses $2,663,287 $2,589,323
Company restaurant expenses $2,345,888 $2,306,004
Depreciation and amortization $136,081 $131,481
General and administrative $132,094 $134,538
Other gains and charges $49,224 $17,300
Operating income $242,165 $256,775
Income before provision for income taxes $216,288 $230,315
Net income $154,039 $163,359
Balance sheet data (in $ thousands)
Total assets $1,490,604 $1,452,603
Long-term debt $832,302 $780,121
Total equity $63,094 $149,357
Common share data (in $)
Earnings per Common Share – Basic $2.33 $2.28
Earnings per Common Share – Diluted $2.26 $2.20
Cash flow data (in $ thousands)
Net cash provided by operating activities $359,842 $290,688
Net cash used in investing activities $(160,178) $(137,844)
Net cash used in financing activities $(201,346) $(152,580)
Cash and cash equivalents at beginning of year $59,367 $59,103
Cash and cash equivalents at end of year $57,685 $59,367

*1Years Ended June 25, 2014
*2Years Ended June 26, 2013

Source: “Brinker International, Inc. Form 10-K 2014”