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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jul. 01, 2018
Jun. 30, 2019
Jul. 01, 2018
Revenues        
Franchise rental income $ 58,561 $ 51,529 $ 117,013 $ 101,636
Revenues 435,348 411,002 843,931 791,566
Costs and expenses:        
Cost of sales 151,092 138,154 293,671 270,373
Franchise support and other costs 4,066 7,031 10,084 13,204
Franchise rental expense 28,027 24,306 60,478 47,569
Advertising funds expense 88,667 84,570 169,148 163,470
General and administrative 50,784 49,163 100,097 99,519
Depreciation and amortization 31,484 33,427 64,669 65,579
System optimization (gains) losses, net (110) (92) (122) 478
Reorganization and realignment costs 3,570 3,124 4,368 5,750
Impairment of long-lived assets 198 1,603 1,684 1,809
Other operating income, net (3,003) (1,767) (6,985) (2,930)
Costs and expenses 354,775 339,519 697,092 664,821
Operating profit 80,573 71,483 146,839 126,745
Interest expense, net (29,931) (30,136) (59,013) (60,314)
Loss on early extinguishment of debt (7,150) 0 (7,150) (11,475)
Other income, net 2,247 917 4,947 1,661
Income before income taxes 45,739 42,264 85,623 56,617
Provision for income taxes (13,353) (12,388) (21,343) (6,582)
Net income $ 32,386 $ 29,876 $ 64,280 $ 50,035
Earnings per share        
Earnings Per Share, Basic $ 0.14 $ 0.13 $ 0.28 $ 0.21
Earnings Per Share, Diluted $ 0.14 $ 0.12 $ 0.27 $ 0.20
Sales        
Revenues        
Revenue from Contract with Customer, Excluding Assessed Tax $ 181,050 $ 167,344 $ 348,747 $ 320,993
Franchise royalty revenue and fees        
Revenues        
Revenue from Contract with Customer, Excluding Assessed Tax 109,125 107,559 211,078 205,467
Advertising funds revenue        
Revenues        
Revenue from Contract with Customer, Excluding Assessed Tax $ 86,612 $ 84,570 $ 167,093 $ 163,470