ocr: FL The Financial Watermill Restaurants, Inc. Report 1984 Year in Review THE WATERMILL "RESTAURANT March 31 June 30 Sept. 30 Dec. 31 TOTAL RESTAURANT SALES $115,600 $125,790 $139,723 $153,660 COSTS AND EXPENSES Cost of Sales 61,460 65,035 71,994 76,140 Operating, G &A (see Note 1) 32,722 36,400 40,542 42,890 Interest (long-term) 251 226 185 96 94,433 101,661 112,721 119,126 Income before Federal Taxes 21,167 24,129 27,002 34,534 Provision for Federal Income Taxes 10,374 12,003 13,902 16,976 NET INCOME $10,793 $12,126 $13,100 $17,558 NET INCOME PER SHARE $1.08 $1.20 $1.31 $1.76 CASH DIVIDENDS $0 ...
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