Brinker International Inc (EAT) SEC Filing 10-K Annual report for the fiscal year ending Wednesday, June 29, 2011

Contacts: Stacey Sullivan, Media Relations

(800) 775-7290

Earnings per diluted share from continuing operations, before special items, increased to $0.48 compared to $0.44 for the fourth quarter of fiscal 2010 (see non-GAAP reconciliation below)

On a GAAP basis, earnings per diluted share from continuing operations increased to $0.49 from $0.42 in the fourth quarter of the prior year

Customer traffic at company-owned restaurants increased 2.6 percent consisting of a 2.1 percent increase at Chili’s and a 5.8 percent increase at Maggiano’s resulting in the seventh consecutive quarterly increase for Maggiano’s (13 weeks vs. 13 weeks)

Comparable restaurant sales at company-owned restaurants increased 2.6 percent consisting of a 2.1 percent increase at Chili’s and a 5.7 percent increase at Maggiano’s, the sixth consecutive quarterly increase for Maggiano’s (13 weeks vs. 13 weeks)

Total revenues decreased 3.4 percent to $717.5 million primarily driven by a 7.5 percent decrease in capacity due to the additional operating week in the fourth quarter fiscal 2010

Restaurant operating margin¹ was flat compared to the prior year at 18.3 percent

Cash flows provided by operating activities were $260.0 million and capital expenditures totaled $70.4 million for the fiscal year 2011

The company repurchased approximately 2.5 million shares of its common stock for $62.9 million in the fourth quarter resulting in a total of approximately 20.6 million shares for $420.0 million in fiscal year 2011

The company paid a dividend of 14 cents per share

Subsequent to year end, the company executed a new unsecured senior credit facility revising the previous credit facility and increasing the total capacity from $400 million to $500 million. The maturity date of the new credit facility is August 2016

Restaurant operating margin is defined as Revenues less Cost of sales, Restaurant labor and Restaurant expenses.