In addition, the estimated impact of the revised accounting policies for fiscal year 2013 on deferred rent is subject to significant variability depending on the number of new restaurants opened in fiscal year 2013, the terms of future leases, the timing of when the Company takes effective control of the properties and the length of actual construction periods for those restaurants. The projected impact of the deferred rent adjustments for the periods presented above is split approximately 65/35 between pre-opening expenses and occupancy expenses. Further, for purposes of the deferred rent projections included in the table above, the estimated impact of the revised accounting policies on deferred rent for the remainder of fiscal year 2012 and fiscal year 2013 is based on the difference between pre- and post-restatement deferred rent calculations for existing leases adjusted upward for the impacts of estimated increases in rent and preliminary construction timelines for new units. New units include a mix of both already identified units and projected unit openings with an assumed pre-opening deferred rent cost structure similar to recent new unit openings. The total projected impact of the revised accounting policies on deferred rent for fiscal year 2012 includes approximately $350 thousand that is anticipated to negatively impact income before income taxes in the fourth quarter of fiscal year 2012.The annual anticipated interest expense reduction for fiscal years 2013 and beyond from the refinancing is projected to be in the range of approximately $3.5 million to $3.7 million, based on the following assumptions: (1) a rate of 6.25% under the Company’s old credit facility as of October 29, 2012 (which contained a 1.50% LIBOR floor) and a rate of approximately 2.50% under the Company’s new credit facility (which contains no LIBOR floor); (2) the Company’s rent-adjusted debt ratio remaining below 4:1; and (3) average outstanding borrowings of approximately $50.0 million under the Company’s new facility versus approximately $74.5 million under the Company’s old facility immediately prior to the refinancing. The 390 basis point interest rate savings achieved at the closing of the new facility includes approximately 100 basis points of savings as a result of the elimination of the LIBOR floor from the Company’s old facility. Accordingly, to the extent LIBOR increases in the future above 1.50%, the interest savings benefit will decrease by up to 100 basis points. The projected impact of refinancing for fiscal year 2012 is anticipated to be approximately a $600,000 reduction in interest expense less estimated post-closing syndication fees, based on the new financing only being in place for 63 days during the fiscal year.