Serves 6 to 8.

4 eggs
2 cups milk
2 teaspoons vanilla extract
1 teaspoon cinnamon
1/2 teaspoon nutmeg
12 cup day-old bread, cut into 1/2-inch cubes
3 tablespoons butter
About 1/2 cup granulated sugar

Beat eggs, milk, vanilla extract, cinnamon and nutmeg together. Add bread cubes; stir and let stand 5 minutes.

Melt butter in skillet. Cook mixture until lightly browned, stirring. Add sugar slowly; cooking until dissolved, about 5 minutes.