NBA owner Michael Jordan marries over the weekend

Michael Jordan got married over the weekend in front of a few hundred of his family and closest friends.

The Charlotte Bobcats owner exchanged vows with 35-year-old former model Yvette Prieto on Saturday in Palm Beach, Fla., Jordan's manager Estee Portnoy told The Associated Press Sunday

The wedding took place at the Episcopal Church of Bethesda-by-the-Sea with nearly 300 guests in attendance, including Tiger Woods, Patrick Ewing, Spike Lee and Ahmad Rashad.

The ceremony was followed by a reception at the Bear's Club in Jupiter, Fla., a luxurious private golf club designed by Jack Nicklaus. Jordan, 50, owns a home near the course.

There were fireworks at night as part of the celebration.

In lieu of wedding gifts, donations were made to the James R. Jordan Foundation. The wedding flowers were donated to the Jupiter Medical Center.

The six-time NBA champion and Prieto met five years ago and were engaged last December.

Prieto wore a French silk voile corseted sheer sheath gown by J'Aton Couture, in an ecru palette with accents of flesh tones, with handmade silk lace created especially for her, and enhanced with Swarovski crystals. The gown featured French seamed crinoline borders, which cascaded into a dramatic cathedral train finished in the lace, with accents of a peacock-feathered design.

The couple and their guests were entertained by DJ MC Lyte, singers K'Jon, Robin Thicke and Grammy-Award winner Usher and The Source, an 18-piece band.

Everyone enjoyed an all-white, seven-layer white rum wedding cake that was covered in white fondant and sugar crystals, and adorned with crystal brooches and the couples' monogram on the top layer.

Guests sat at tables that were a continuous candle-lit landscape with a myriad of crystal candelabras and mercury glass vessels, each filled with one variety of white flower, including roses, peonies and tulips, and one accent of purple.

Source: http://news.yahoo.com/nba-owner-michael-jordan-marries-over-weekend-202151649.html

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my teen daughter's drug supplier - Talk About Marriage

Today, 05:33 AM ? #5 (permalink)

Forum Supporter

?

Join Date: Dec 2010

Posts: 4,672

---

You'll be wasting your time trying to incriminate the dealers as if your daughter wants MJ chances are she'll find another dealer really quickly even if the one you reported got raided.

MJ is a socially acceptable drug that ALOT of people smoke in their leisure time, which is also why it's very easy to find replacement dealers, and also why it can be hard to quit. In parties, in gatherings, there's always going to be the temptation.

Even if your daughter goes through this program, there's nothing really stopping her from having a smoke once she goes out. But MJ is mild, I would be more worried if she went on heavier drugs. Hence I recommend education, encouragement, and support for your daughter rather than trying to make MJ usage forbidden/getting her in trouble for it. She has to learn personal responsibility, that's the only real defence that one has in the face of drugs.

?

Source: http://talkaboutmarriage.com/family-parenting-forums/72351-my-teen-daughters-drug-supplier.html

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Florida approves online-only public university education

By Bill Cotterell

TALLAHASSEE, Florida (Reuters) - Public university students in Florida next year will be able to start working toward college degrees without actually going to college, under a law Governor Rick Scott signed on Monday in front of educators and business lobbyists.

The state-run University of Florida plans to start a series of online bachelor's degree programs next year, with $15 million start-up funds for 2014.

Until now full-time online education has just been available to elementary and high schools in the state.

"This bill transforms education in Florida," said House Speaker Will Weatherford, a Republican who has long been a proponent of "virtual learning" in public schools.

"Now, we will be home to the first fully accredited, online public research university institute in the nation," said Weatherford. "These bold higher-education reforms will help increase Florida's global competitiveness and ensure our students have meaningful opportunities after high school."

Colorado State University began offering online university courses in 2007, according to Kyle Henley, a university spokesman, though students must first have 13 credits from another university to be eligible.

California and Texas are also developing totally online university programs, while Illinois considered the idea and discarded it, according to a spokesman for the Association of Public and Land-grant Universities (APLU)in Washington.

State Senator Bill Montford, a Democrat from Tallahassee who is executive director of the Florida Association of School Superintendents, said, "I haven't heard of any state that's moving as aggressively as Florida can" in online education.

The online courses will cost no more than 75 percent of in-state tuition for regular classes at the University of Florida.

The online university degree programs are part of an education package pushed by Scott and the state's Republican party leadership that they say will more closely link curriculums with the needs of employers.

The state's new education law also retreats in some areas from the toughened curriculum required in 2010, the year before Scott became governor. Students can select "scholar" courses, but others can focus more on job skills and will be able to graduate without passing tougher courses in math and science.

The governor, who campaigned in 2010 on a platform of creating 700,000 jobs in seven years through a series of business-friendly tax cuts and regulatory changes, has made job-oriented education and low tuition a big part of his economic development package.

Scott last year caused a stir by saying he did not want Florida's higher education system producing anthropologists or other specialized graduates whose main job prospect is teaching others to do what they do.

Before the session, he persuaded all 28 state colleges to come up with four-year bachelor's programs costing $10,000 or less in tuition, emphasizing skills sought by employers.

(This story is corrected with name of APLU in paragraph 7 to Association from American. Inserts paragraph 6 to clarify that Colorado also offers online courses)

(Editing by David Adams and Vicki Allen)

Source: http://news.yahoo.com/florida-approves-online-only-public-university-education-144118267.html

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Stained Glass Restoration - KWQC-TV6 News and Weather For The ...

• Manchester IL Girl Improving After Surviving Shooting That Kills 5 Family Members

  Manchester IL Girl Improving After Surviving Shooting That Kills 5 Family Members

  Updated: Thursday, April 25 2013 2:26 PM EDT2013-04-25 18:26:07 GMT

  The Coroner in Scott County, Illinois, Justin Daws, officially released the names of the five murder victims in the Manchester, Ill., homicide investigation. The bodies of the three adults and two childrenMore >>The Coroner in Scott County, Illinois, Justin Daws, officially released the names of the five murder victims in the Manchester, Ill., homicide investigation. The bodies of the three adults and two childrenMore >>

• Moline Detective Sheds Light On 23-Year-Old Cold Case

  Moline Detective Sheds Light On 23-Year-Old Cold Case

  Updated: Thursday, April 25 2013 11:59 AM EDT2013-04-25 15:59:24 GMT

  Local police are looking into a cold case that stems back to October of 1990. A Moline, Ill. detective recently started looking into a missing person investigation of 52-year-old Jerry A. Wolking. NearlyMore >>Local police are looking into a cold case that stems back to October of 1990. A Moline, Ill. detective recently started looking into a missing person investigation of 52-year-old Jerry A. Wolking. NearlyMore >>

• Moline Police Digging For Clues In 1990 Disappearance

  Moline Police Digging For Clues In 1990 Disappearance

  Updated: Wednesday, April 24 2013 6:16 PM EDT2013-04-24 22:16:23 GMT

  Moline Police are digging through a rural area of Milan, searching for new clues in a cold case. Back in October, 1990, 52-year-old Jerry Wolking was reported missing. His blood-stained GMC SuburbanMore >>Moline Police are digging through a rural area of Milan, searching for new clues in a cold case. Back in October, 1990, 52-year-old Jerry Wolking was reported missing. His blood-stained GMC SuburbanMore >>

• Davenport Schools Investigate Test Discrepancy

  Davenport Schools Investigate Test Discrepancy

  Updated: Wednesday, April 24 2013 3:29 PM EDT2013-04-24 19:29:24 GMT

  Some students at Madison Elementary School in Davenport are going to have to retake state standardized tests after an investigation into erasure marks on several of the answer pages. KWQC-TV 6 is workingMore >>Some students at Madison Elementary School in Davenport are going to have to retake state standardized tests after an investigation into erasure marks on several of the answer pages. KWQC-TV 6 is workingMore >>

• Police say 5 people found dead in small Ill. town

  Police say 5 people found dead in small Ill. town

  Authorities are investigating the slayings of five people whose bodies were found in a house in the tiny Scott County community of Manchester. A suspect is in custody.More >>Authorities are investigating the slayings of five people whose bodies were found in a house in the tiny Scott County community of Manchester. A suspect is in custody.More >>

• Sylvan Island Bridge Closed Due To Safety Concerns

  Sylvan Island Bridge Closed Due To Safety Concerns

  Updated: Thursday, April 25 2013 9:57 AM EDT2013-04-25 13:57:18 GMT

  The Sylvan Island Bridge in Moline, Ill., is closed due to safety concerns. With the increase in foot traffic, it has been deemed unsafe for use and will remain closed until engineers can determine howMore >>The Sylvan Island Bridge in Moline, Ill., is closed due to safety concerns. With the increase in foot traffic, it has been deemed unsafe for use and will remain closed until engineers can determine howMore >>

For years, they were part of the splendor at Saint Irenaeus Church in Clinton. Three large stained glass windows are?the originals from the church. Over time, pieces from the windows began to deteriorate, and were desperately in need of repair.

That's where?technicians from Glass Heritage of Davenport stepped in. For?several months, the technicians have been involved in a labor intensive project to restore the windows. Each piece of glass is cleaned. Technician Patricia Rogers says the pieces are placed on a build pattern. That pattern shows the lead lines of the windows.??

Kirk Prebyl says technicians do their homeowrk before the repairs and replacements are made. Technicians spend hours planning, documenting, and finding ways to restore the windows as much as possible to their original look. Workers treasure every scrap of original glass, replacing the original only when there is no other choice.

The three windows depict the Crucified Christ, and two figures on either side. Each of the windows has about a thousand pieces of stained glass. The windows should be installed in the church in June.

The Clinton County Historical Society owns the church building. The society acquired it when the Diocese of Davenport decided to close the church. ?The society raised about fourteen thousand dollars for the restoration work.?Glass Heritage is certified by the Stained Glass Association of America. ?

?

???

Source: http://www.kwqc.com/story/22076115/stained-glass-restoration

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Boston Marathon bombing suspect out of hospital

(Ends first round) NEW YORK, April 25 (Reuters) - Selections in the first roundof the 2013 NFL Draft at Radio City Music Hall on Thursday (picknumber, NFL team, player, position, college): 1-Kansas City, Eric Fisher, offensive tackle, Central Michigan 2-Jacksonville, Luke Joeckel, offensive tackle, Texas A&M 3-Miami (from Oakland), Dion Jordan, defensive tackle, Oregon 4-Philadelphia, Lane Johnson, offensive tackle, Oklahoma 5-Detroit, Ezekiel Ansah, defensive end, Brigham Young 6-Cleveland, Barkevious Mingo, linebacker, LSU 7-Arizona, Jonathan Cooper, guard, North Carolina 8-St. ...

Source: http://news.yahoo.com/boston-marathon-bombing-suspect-hospital-103556356.html

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Smartphones overtake 'dumb' phones worldwide

NEW YORK (AP) ? Research firm IDC said more smartphones than "dumb" phones are being made this year, a milestone in a shift that's putting computing power and Internet access in millions of hands worldwide.

Manufacturers shipped 216 million smartphones worldwide in the first three months of this year, compared with 189 million regular cellphones, according to a study IDC released late Thursday. IDC said smartphones made up 51.6 percent of the 419 million mobile phones shipped.

In the U.S., smartphones overtook regular cellphones in 2011. IDC analyst Ramon Llamas said Friday that the shift to a global majority of smartphones is now being driven by consumers in developing countries such as China, India and Indonesia.

Another firm, ABI Research, found that smartphones made up 49 percent of shipments in the first quarter. Samsung Electronics Co., the world's largest phone maker, doesn't provide a breakdown of its phone shipments, and analysts vary in their estimates. Even going by ABI's numbers, it's clear that smartphones will solidly overtake the market this year.

The shift from phones primarily designed for calls, and perhaps texting, to ones with advanced operating systems and touch screens has roiled the cellphone industry. Finland's Nokia Corp. was for many years the world's largest maker of cellphones, but it has failed to translate that into success in smartphones. It's now the second-largest maker of phones overall, behind Samsung Electronics Co., but it falls far down the list of smartphone makers.

Cellphone pioneer Motorola Mobility, a U.S. company now owned by Google, has stumbled through the transition as well, while Apple Inc. has become the world's third-largest maker of cellphones, less than six years after launching the first iPhone. Samsung and Apple are the top makers of smartphones. LG Electronics Inc. of South Korea; HTC Corp. of Taiwan; and ZTE Corp. and Huawei Technologies Ltd. of China jostle for the No. 3 position.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/495d344a0d10421e9baa8ee77029cfbd/Article_2013-04-26-Smartphone%20Sales/id-29900e504d284b1f946626ee679ef4f5

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YouTube Opens Film Studios to Improve its Videos | ??????? ...

YouTube has opened its own video production studios in London, New York, Los Angeles, and Tokyo to improve the quality of uploaded videos. These studios will allow video makers to use state-of-the-art equipment, high-definition cameras, and professional editing programs for free. Lectures will also be available to help new video makers learn the ropes of filmmaking. However, filmmakers and video creators need to pass a selection process before they can use the studios. Google, the parent company of YouTube, hopes that these studios will help improve the quality of videos on the website and further increase viewership. This move comes at a time when more people, especially the youth, are using the internet as their main source of entertainment. According to Jimmy Wong, an actor in an online show, younger audience prefers internet sources like YouTube over television because they want instant access to videos whenever and wherever they want. In fact, viewers aged 35 and below are often seeking entertainment in YouTube. Even film makers are now transitioning to online videos so they can promote their shows to fans. Danelle Assanelli, an avid YouTube fan, says YouTube allows her to comment on shows and provide input to the video makers. Personal interaction is not usually possible in traditional television. Furthermore, Malik Ducard, content and partnership director of YouTube, said that YouTube gives chances not only to recognized filmmakers but also to new and rising video creators.

Source: http://rarejobdailynewsarticle.blogspot.com/2013/04/youtube-opens-film-studios-to-improve.html

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Marc Andreessen Speaks At She++ Conference [Video]

Marc Andreessen, co-founder and general partner of Andreessen Horowitz, spoke at the she++ conference last Saturday, discussing women in tech, his favorite new technology, and his thoughts on startup culture. The video is above and you can read highlights of his keynote here. You can also find highlights from the conference here and see how Facebook’s presence at the conference shows a key part of its recruiting strategy.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/08MGJJX_rY8/

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Next BoE chief Carney says clear framework key to policy success

OTTAWA (Reuters) - The next Bank of England governor Mark Carney said on Wednesday a key lesson he will bring from Canada to his new job is the need for clear objectives and communication about what exactly the central bank aims to achieve with its policies.

Carney, who steps down as Bank of Canada chief in June to take over at the Bank of England in July, said that during the 2008-09 recession in Canada, having a well-understood inflation target helped policy makers explain directly to Canadians how they planned to stimulate the economy and boosted confidence.

"I think the core lesson that was reinforced and that I have an even greater appreciation for now than I had when I started as governor, is the importance of having clearly articulated policy frameworks," Carney said when asked what lessons he would bring to the Bank of England.

"That's not a very snappy thing to say but it's absolutely essential," he said in his testimony to a Senate committee.

Expectations are high for Carney as he gears up for a daunting task: turn around Britain's ailing economy, fix its banks and overhaul the Bank of England.

Under his watch, Canada's recession was milder than that of the United States or the United Kingdom and it has since recovered. At the height of the crisis, the central bank dropped its key interest rate to an ultra-low level of 0.25 percent and, in its most innovative move, pledged to keep the rate at that level for more than a year unless inflation picked up.

Carney said Bank of Canada officials "reached over the heads of commentators and spoke directly to Canadians" about the low cost of borrowing, persuading them to spend and boost growth.

But the bank never had to resort to unconventional policy such as buying bonds, as done in the U.K., the U.S. and Japan.

Despite the differences with the U.K., Carney stressed that unconventional policy should also be guided by clearly communicated principles and frameworks that the public can understand.

"I prefer not to comment too much on the U.K. but I think the benefit of the institution to which I'm going, one of the benefits, is a tremendous amount of thought has been given ... by the institution itself but ultimately decided by the government and parliamentarians, to the framework that the Bank of England has," he said.

The Bank of England has much broader powers than the Bank of Canada, encompassing regulation of banks and financial stability as well as monetary policy. Each area of work should have its own separate framework, Carney said.

"And they also have to think through, and they have thought through, how the three of those interact within one institution," he said.

(Reporting by Louise Egan; Editing by Carol Bishopric)

Source: http://news.yahoo.com/next-boe-chief-carney-says-clear-framework-key-000303178--business.html

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After AmEx Deal, Luxury Vacation Club Inspirato Targets Businesses

After announcing a new branding and American Express in March, luxury vacation club Inspirato is debuting a new solution targeted specifically for businesses. The new product, aptly called ?Inspirato for Business,? is a SaaS that allows companies to book luxury homes for corporate meetings, incentives and reward travel.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/5VovOQiwbYo/

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Delaware Marriage Equality Bill Passed By State's House

Five days after Delaware Democrats introduced a bill to legalize same-sex marriage, the legislation is moving forward.

Marriage equality passed the Delaware House on Tuesday afternoon by a 23-18 vote. According to the (Wilmington, Del.) News-Journal, 21 votes were needed for passage, and five Democrats broke rank. The bill heads to the state Senate.

Gov. Jack Markell (D) has expressed support for the bill, telling the Huffington Post in mid-April that he is behind advocates' efforts.

"In 2011, when I signed civil unions, I certainly didn't have the intention of going back to it that quickly," Markell told The Huffington Post. "But when the advocates came to me earlier this year, and said we think it's time, and I said, you know what it is time, and I'm happy to stand right there with you."

According to Freedom To Marry, as of April 2013, nine states have passed laws legalizing same-sex marriage: Connecticut, Iowa, Maine, Maryland, Massachusetts, New Hampshire, New York, Washington and Vermont.

Related on HuffPost:

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Source: http://www.huffingtonpost.com/2013/04/24/delaware-marriage-equality_n_3143766.html

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10 Things to Know for Today

HOLD FOR STORY - FILE - In this Dec. 1975 file photo, musicians Roger McGuinn, Joni Mitchell, Richie Havens, Joan Baez and Bob Dylan perform the finale of the The Rolling Thunder Revue, a tour headed by Dylan. Havens, who sang and strummed for a sea of people at Woodstock, has died at 72. His family says in a statement that Havens died Monday, April 22, 2013, of a heart attack. (AP Photo, File)

HOLD FOR STORY - FILE - In this Dec. 1975 file photo, musicians Roger McGuinn, Joni Mitchell, Richie Havens, Joan Baez and Bob Dylan perform the finale of the The Rolling Thunder Revue, a tour headed by Dylan. Havens, who sang and strummed for a sea of people at Woodstock, has died at 72. His family says in a statement that Havens died Monday, April 22, 2013, of a heart attack. (AP Photo, File)

FILE - This combination of undated file photos shows Tamerlan Tsarnaev, 26, left, and Dzhokhar Tsarnaev, 19. The FBI says the two brothers are the suspects in the Boston Marathon bombing, and are also responsible for killing an MIT police officer, critically injuring a transit officer in a firefight and throwing explosive devices at police during a getaway attempt in a long night of violence that left Tamerlan dead and Dzhokhar captured, late Friday, April 19, 2013. The ethnic Chechen brothers lived in Dagestan, which borders the Chechnya region in southern Russia. They lived near Boston and had been in the U.S. for about a decade, one of their uncles reported said. Since Monday, Boston has experienced five days of fear, beginning with the marathon bombing attack, an intense manhunt and much uncertainty ending in the death of one suspect and the capture of the other. (AP Photo/The Lowell Sun & Robin Young, File)

A security officer using a sniffer dog inspects the site of a car bomb that targeted the French embassy wounding two French guards and causing extensive material damage in Tripoli, Libya, Tuesday, April 23, 2013. The explosives-laden car was detonated just outside the embassy building in Tripoli's upscale al-Andalus neighborhood, officials said. (AP Photo/Abdul Majeed Forjani)

Your daily look at late-breaking news, upcoming events and the stories that will be talked about today:

1. OFFICIALS SAY BOSTON BOMBING SUSPECTS HAD NO TERROR TIES

Two U.S. officials tell the AP bomb suspect Dzhokhar Tsarnaev cited religion and connection to radical Islam as the motive for the marathon attack.

2. CAR BOMB TARGETS FRENCH EMBASSY IN LIBYA

French President Francois Hollande denounced the blast that wounded two guards as an attack on countries against terror.

3. 2 CHARGED IN TERROR PLOT IN CANADA

Authorities say the planned attack on a passenger train was directed by al-Qaida members in Iran.

4. KNIVES STILL BANNED ON PLANES

The government delayed the controversial policy set to go into effect Thursday that would allow small knives, bats and some sports equipment on board.

5. HOW CONGRESS IS THWARTING MILITARY SPENDING CUTS

The AP's Lolita C. Baldor reports the refusal to retire outdated ships and aircraft means the Navy and Air Force are spending more than $5 billion more than needed.

6. FLIGHT DELAYS GROW AMID AIR CONTROLLER FURLOUGHS

Passengers on some Washington-NYC shuttle flights could have reached their destination faster by train.

7. THE DRUGS PARENTS AREN'T TALKING ABOUT

Researchers say only 14 percent of parents have conversations with kids about abusing prescription medication, not seeing a significant risk.

8. BILL COULD TAX ONLINE BUYERS

The Senate is considering a bill today that would let states and cities impose local taxes on people making purchases over the Internet.

9. WOODSTOCK LEGEND RICHIE HAVENS DIES AT 72

The soulful Brooklyn-born musician was the first performer at the 1969 music festival, enthralling the crowd of 500,000 for hours.

10. WHAT TO WATCH FOR IN THE NFL DRAFT

The AP's Richard Rosenblatt says to look for when Notre Dame's Manti Te'o is picked and five possible first-round picks from national champ Alabama.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2013-04-23-10%20Things%20to%20Know-Today/id-b2117d1feb03438a8245727202f87061

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Brinker International Reports Increase In Year ... - Franchising.com

DALLAS, April 23, 2013 // PRNewswire // -- Brinker International, Inc. (NYSE: EAT) today announced results for the fiscal third quarter ended March 27, 2013.

Highlights include the following:

• Earnings per diluted share, excluding special items, increased 20.0 percent to?$0.72?compared to?$0.60?for the?third quarter?of fiscal?2012?(see non-GAAP reconciliation below)
• On a GAAP basis, earnings per diluted share increased 26.8 percent to?$0.71?compared to?$0.56?for the?third quarter?of fiscal?2012
• Restaurant operating margin¹?improved approximately 70 basis points to 17.9 percent from 17.2 percent
• Brinker's operating income, excluding special items, improved 110 basis points from 9.8 percent to 10.9 percent primarily due to general and administrative savings in addition to the restaurant operating margin improvement mentioned above
• Chili's?comparable restaurant sales decreased?1.1?percent for the quarter consisting of a 0.4 percent and 4.3 percent decrease in January and February, respectively, offset by a 1.3 percent increase in March
• Maggiano's comparable restaurant sales increased?0.4?percent, representing the 13th consecutive quarterly increase
• Franchise comparable restaurant sales increased 1.3 percent driven by a 5.1 percent increase in international franchise comparable restaurant sales
• The company repurchased approximately 1.8?million shares of its common stock for?$60.4 million?in the third quarter
• The company paid a dividend of?20 cents?per share in the third quarter, an increase of 25 percent over the prior year third quarter
• For the?first nine months?of fiscal?2013, cash flows provided by operating activities were?$222.6 million?and capital expenditures totaled?$98.7 million

"Brinker?delivered a 20 percent increase in EPS for the quarter, despite a tough industry sales environment," said?Wyman Roberts, President and Chief Executive Officer. "We've remained steadfast in executing our initiatives and are realizing the benefits of our strengthened business model. As such, we are confident we will meet our 2010 promise of doubling EPS as early as next fiscal year."

1	Effective for the fiscal first quarter ended Sept. 26, 2012, revenues are reported in two separate captions?Company sales and Franchise and other revenues. Restaurant operating margin is now defined as Company sales less Cost of sales, Restaurant labor and Restaurant expenses.

?

Table 1: Monthly and?Q3?comparable restaurant sales

Q3 13?and?Q3 12, company-owned, reported brands and franchise; percentage

?

?

?

?

?

?

?

?

?

?

?

?

?

Jan

?

Feb

?

March

?

Q3 13

?

Q3 12

Brinker International

?

(0.1)

?

(4.2)

?

1.5

?

(0.9)

?

4.5

??Chili's Company-Owned

?

?

?

?

?

?

?

?

?

?

?????Comparable Restaurant Sales

?

(0.4)

?

(4.3)

?

1.3

?

(1.1)

?

4.6

?????Pricing Impact

?

1.9

?

1.3

?

1.3

?

1.5

?

1.9

?????Mix-Shift

?

0.5

?

0.2

?

1.3

?

0.6

?

0.9

?????Traffic

?

(2.8)

?

(5.8)

?

(1.3)

?

(3.2)

?

1.8

??Maggiano's

?

?

?

?

?

?

?

?

?

?

?????Comparable Restaurant Sales

?

1.7

?

(3.4)

?

2.5

?

0.4

?

3.9

?????Pricing Impact

?

2.5

?

1.1

?

0.7

?

1.6

?

2.2

?????Mix-Shift

?

0.0

?

(1.1)

?

0.5

?

(0.2)

?

0.2

?????Traffic

?

(0.8)

?

(3.4)

?

1.3

?

(1.0)

?

1.5

?

?

?

?

?

?

?

?

?

?

?

Franchise1

?

?

?

?

?

?

?

1.3

?

3.5

??Domestic Comparable Restaurant Sales

?

?

?

?

?

?

?

(0.3)

?

3.8

??International Comparable Restaurant Sales

?

?

?

?

?

?

?

5.1

?

2.6

?

?

?

?

?

?

?

?

?

?

?

System-wide2

?

?

?

?

?

?

?

(0.2)

?

4.2

?

?

1

Revenues generated by franchisees are not included in revenues on the consolidated statements of income; however, we generate royalty revenue and advertising fees based on franchisee revenues, where applicable. We believe including franchisee comparable restaurants revenues provides investors information regarding brand performance that is relevant to current operations and may impact future restaurant development.

?	?
2	System-wide comparable restaurant sales are derived from sales generated by company-owned Chili's and Maggiano's restaurants in addition to the sales generated at franchisee operated restaurants.

Quarterly Operating Performance?

CHILI'S?third quarter?company sales of?$632.6 million?represent a?0.7 percent?decrease from?$637.0 million?in the prior year period driven by traffic declines. As compared to the prior year,?Chili's?operating margin improved due to lower cost of sales. Cost of sales as a percentage of company sales was favorably impacted by mix changes related to shrimp, ribs and fajita meat coupled with increased menu pricing, partially offset by unfavorable commodity pricing primarily related to beef, pork and chicken wings. Restaurant labor was positively impacted by improved labor productivity from the installation of new kitchen equipment and lower manager bonuses, partially offset by increased health insurance claims and sales deleverage.

MAGGIANO'S?third quarter?company sales of?$92.1 million?increased?0.2 percent?primarily driven by menu pricing. As compared to the prior year, Maggiano's operating margin improved primarily due to lower cost of sales. Cost of sales was favorably impacted by decreased commodity usage from efforts to reduce waste, menu item changes, favorable commodity pricing on seafood as well as increased menu pricing. Restaurant operating margin was negatively impacted by higher workers' compensation insurance expenses and increased health insurance claims, partially offset by lower repair and maintenance expense and utilities expense.

FRANCHISE AND OTHER revenues totaled?$18.1 million?for the quarter, an increase of?38.2?percent compared to?$13.1 million?in the prior year. The increase was driven primarily by a?$5.2 million?reduction in revenues in the prior year resulting from a change in the estimate of gift card breakage. International franchise comparable restaurant sales increased?5.1 percent?while domestic franchise comparable restaurant sales decreased?0.3 percent.Brinker?franchisees generated approximately?$424 million?in sales¹?for the?third quarter?of fiscal?2013.

1	Royalty revenues are recognized based on the sales generated and reported to the company by franchisees.

Other

Depreciation and amortization expense increased?$2.3 million?for the quarter primarily due to investments in existing restaurants and asset replacements, partially offset by an increase in fully depreciated assets.

General and administrative expense decreased?$6.0 million?primarily due to lower performance-based compensation.

Interest expense increased?$0.6 million?for the quarter as a result of higher borrowing balances.

Excluding the impact of special items, the effective income tax rate remained flat at 28.9 percent in the current quarter compared to the same quarter last year as the tax impact of increased earnings in the current quarter was offset by a credit related to the prior year. On a GAAP basis, the effective income tax rate increased to?28.7?percent in the current quarter as compared to?28.2?percent in the same quarter last year due to increased earnings in the current quarter and the tax benefit resulting from higher net charges related to special items in the prior year, partially offset by a credit related to the prior year.

Non-GAAP Reconciliation

Brinker?believes excluding special items from its financial results provides investors with a clearer perspective of the company's ongoing operating performance and a more relevant comparison to prior period results.

Table 2: Reconciliation of net income excluding special items
Q3 13?and?Q3 12; $ millions and $ per diluted share after-tax
?	?	?		?	?		?	?		?	?
?	?	Q3 13		?	EPS Q3 13		?	Q3 12		?	EPS Q3 12
Net Income	?	52.0		?	0.71		?	44.9		?	0.56
Other (Gains) and Charges1	?	0.9		?	0.01		?	(0.1)		?	0.00
????Adjustment for Gift Card Breakage2	?	?		?	?		?	3.3		?	0.04
Net Income excluding Special Items	?	52.9		?	0.72		?	48.1		?	0.60

?	?
1	Pre-tax Other gains and charges was a $1.6 million charge and a $0.1 million gain in the third quarter of fiscal 2013 and 2012, respectively.

?	?
2	The Company recognized a pre-tax $5.2 million reduction to revenue in the third quarter of fiscal 2012 resulting from a change in the estimate of gift card breakage.

Guidance Policy

Brinker?provides annual guidance as it relates to comparable restaurant sales, earnings per diluted share, and other key line items in the income statement and will only provide updates if there is a material change versus the original guidance. Consistent with prior practice, management will not discuss intra-period sales or other key operating results not yet reported as the limited data may not accurately reflect the final results of the period or quarter referenced.

Webcast Information

Investors and interested parties are invited to listen to today's conference call, as management will provide further details of the quarter. The call will broadcast live on the?Brinker?website (www.brinker.com) at?9 a.m. CDT?today (April 23). For those who are unable to listen to the live broadcast, a replay of the call will be available shortly thereafter and will remain on the?Brinker?website until the end of the day?May 21, 2013.

Additional financial information, including statements of income which detail operations excluding special items, franchise and other revenues, and comparable restaurant sales trends by brand, is also available on the?Brinkerwebsite under the Financial Information section of the Investor tab.

Forward Calendar

• SEC Form 10-Q for third quarter fiscal 2013 filing on or before?May 6, 2013; and
• Fourth quarter earnings release, before market opens,?Aug. 2, 2013.

About?Brinker

Brinker International, Inc.?is one of the world's leading casual dining restaurant companies. Founded in 1975 and based in?Dallas, Texas,?Brinker?currently owns, operates, or franchises 1,588 restaurants under the names?Chili's^?Grill?& Bar (1,544 restaurants) and?Maggiano's Little Italy^??(44 restaurants).

Forward-Looking Statements

The statements contained in this release that are not historical facts are forward-looking statements. These forward-looking statements involve risks and uncertainties and, consequently, could be affected by general business and economic conditions, financial and credit market conditions, credit availability, reduced disposable income, the impact of competition, the impact of mergers, acquisitions, divestitures and other strategic transactions, franchisee success, the seasonality of the company's business, adverse weather conditions, future commodity prices, product availability, fuel and utility costs and availability, terrorists acts, consumer perception of food safety, changes in consumer taste, health epidemics or pandemics, changes in demographic trends, availability of employees, unfavorable publicity, the company's ability to meet its business strategy plan, acts of God, governmental regulations and inflation.

?

?

BRINKER INTERNATIONAL, INC.

CONSOLIDATED STATEMENTS OF INCOME

(In thousands, except per share amounts)

(Unaudited)

?

?

?

?

?

?

Thirteen Week Periods Ended

?

Thirty-Nine Week Periods Ended

?

?

March 27,? 2013

?

March 28,? 2012

?

March 27,? 2013

?

March 28,? 2012

Revenues:

?

?

?

?

?

?

Company sales

?

$

724,693

?

$

728,868

?

$

2,057,490

?

$

2,038,333

Franchise and other revenues (a)

?

18,066

?

13,177

?

58,540

?

54,018

Total revenues

?

742,759

?

742,045

?

2,116,030

?

2,092,351

Operating Costs and Expenses:

?

?

?

?

Company restaurants

?

?

?

?

Cost of sales

?

198,316

?

205,155

?

567,602

?

571,962

Restaurant labor

?

231,822

?

233,806

?

667,865

?

664,068

Restaurant expenses

?

164,537

?

164,230

?

489,781

?

489,872

Company restaurant expenses

?

594,675

?

603,191

?

1,725,248

?

1,725,902

Depreciation and amortization

?

33,222

?

30,929

?

98,830

?

93,265

General and administrative

?

33,986

?

40,006

?

102,289

?

104,040

Other gains and charges (b)

?

1,550

?

(104)

?

2,227

?

5,614

Total operating costs and expenses

?

663,433

?

674,022

?

1,928,594

?

1,928,821

Operating income

?

79,326

?

68,023

?

187,436

?

163,530

Interest expense

?

7,085

?

6,530

?

21,040

?

20,087

Other, net

?

(573)

?

(1,072)

?

(2,096)

?

(3,018)

Income before provision for income taxes

?

72,814

?

62,565

?

168,492

?

146,461

Provision for income taxes

?

20,863

?

17,632

?

51,500

?

42,233

Net income

?

$

51,951

?

$

44,933

?

$

116,992

?

$

104,228

?

?

?

?

?

Basic net income per share

?

$

0.73

?

$

0.58

?

$

1.61

?

$

1.31

?

?

?

?

?

Diluted net income per share

?

$

0.71

?

$

0.56

?

$

1.56

?

$

1.28

?

?

?

?

?

Basic weighted average shares outstanding

?

71,067

?

77,582

?

72,511

?

79,722

?

?

?

?

?

Diluted weighted average shares outstanding

?

73,341

?

79,735

?

74,873

?

81,658

?

?

(a)?????Franchise and other revenues includes royalties, development fees and franchise fees, banquet service charge income, and gift card activity (breakage and discounts).

(b)?????Other gains and charges includes:

?

?

?

Thirteen Week Periods Ended

?

Thirty-Nine Week Periods Ended

?

?

March?27, 2013

?

March?28, 2012

?

March?27, 2013

?

March?28, 2012

Restaurant impairment charges

?

$

?

?

?

$

?

?

?

$

661

?

?

$

1,098

?

Restaurant closure charges

?

305

?

?

1,032

?

?

2,887

?

?

4,154

?

Severance and other benefits

?

1,269

?

?

?

?

?

1,269

?

?

100

?

Gain on sale of assets, net

?

(81)

?

?

(25)

?

?

(2,430)

?

?

(1,365)

?

Other

?

57

?

?

(1,111)

?

?

(160)

?

?

1,627

?

?

?

$

1,550

?

?

$

(104)

?

?

$

2,227

?

?

$

5,614

?

?

BRINKER INTERNATIONAL, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)
?
?	?	March?27, 2013			?	June?27, 2012
?	?	(Unaudited)			?	?
ASSETS	?	?			?	?
Current assets	?	$	214,897	?	?	$	194,846	?
Net property and equipment (a)	?	1,029,921		?	?	1,043,564		?
Total other assets	?	201,044		?	?	197,662		?
Total assets	?	$	1,445,862	?	?	$	1,436,072	?
LIABILITIES AND SHAREHOLDERS' EQUITY	?	?			?	?
Current installments of long-term debt	?	$	27,528	?	?	$	27,334	?
Current liabilities	?	363,107		?	?	374,415		?
Long-term debt, less current installments	?	677,309		?	?	587,890		?
Other liabilities	?	132,709		?	?	136,560		?
??????????Total shareholders' equity	?	245,209		?	?	309,873		?
Total liabilities and shareholders' equity	?	$	1,445,862	?	?	$	1,436,072	?

?
(a)????	At March 27, 2013, the company owned the land and buildings for 189 of the 865 company-owned restaurants. The net book values of the land and buildings associated with these restaurants totaled $141.4 million and $119.2 million, respectively.

?

BRINKER INTERNATIONAL, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(In thousands)
?
?	?	Thirty-Nine Week Periods Ended
?	?	March?27, 2013			?	March?28, 2012
Cash Flows From Operating Activities:	?	?			?	?
Net income	?	$	116,992		?	$	104,228
Adjustments to reconcile net income to net cash provided by operating activities:	?	?			?	?
Depreciation and amortization	?	98,830			?	93,265
Restructure charges and other impairments	?	3,792			?	5,042
Stock-based compensation	?	12,909			?	10,393
Net loss on disposal of assets	?	1,115			?	1,541
Changes in assets and liabilities	?	(11,002)			?	19,341
Net cash provided by operating activities	?	222,636			?	233,810
Cash Flows from Investing Activities:	?	?			?	?
Payments for property and equipment	?	(98,690)			?	(85,177)
Proceeds from sale of assets	?	6,535			?	4,344
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