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Basis of Presentation
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6 Months Ended | ||
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Jun. 27, 2009
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| Basis of Presentation [Abstract] | |||
| Basis of Presentation |
The accompanying unaudited condensed consolidated financial
statements have been prepared in accordance with generally
accepted accounting principles for interim financial
information and with the instructions to Form 10-Q and
Article 10 of Regulation S-X. Accordingly, they do not
include all of the information and footnotes required by
generally accepted accounting principles for complete
financial statements. In the opinion of management, all
adjustments (consisting of normal recurring accruals)
considered necessary for a fair presentation have been
included. Operating results for the 13-week and 26-week
periods ended June 27, 2009 are not necessarily indicative of
the results that may be expected for the year ending December
26, 2009.
The condensed consolidated balance sheet at December 27, 2008
has been derived from the audited financial statements at
that date but does not include all of the information and
footnotes required by generally accepted accounting
principles for complete financial statements. For further
information, refer to the consolidated financial statements
and footnotes thereto included in the Company’s Annual Report
on Form 10-K for the year ended December 27, 2008.
The Company’s fiscal year is based on a 52-53 week period
ending on the last Saturday of the calendar year. Therefore
the financial results of certain fiscal years, and the
associated 14-week quarters, will not be exactly comparable
to the prior and subsequent 52-week fiscal years and the
associated quarters having only 13-weeks. The quarters ended
June 27, 2009 and June 28, 2008 both contain operating
results for 13-weeks for both year-to-date periods.
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