Net Income and Net Income Per Share Excluding Certain ItemsIn addition to net income and net income per share presented in accordance with GAAP, the Company has also presented net income and net income per share for the three and nine months ended June 28, 2012 and June 30, 2011 excluding the after-tax impact of non-cash charges related to impairment and loss on extinguishment of debt. Management believes that investors find this information useful as a reflection of the Company’s underlying operating performance and that this information facilitates comparisons between the Company and other companies in its industry. Management uses these measures as part of its preparation of operating plans, budgets and forecasts and in its assessment of the Company’s historical performance.
The Pantry Announces Third Quarter Fiscal 2012 Financial Results
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