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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 29, 2019
Sep. 30, 2018
Sep. 29, 2019
Sep. 30, 2018
Revenues        
Franchise rental income $ 59,918   $ 176,931  
Franchise rental income   $ 50,474   $ 152,110
Revenues 437,880 400,550 1,281,811 1,192,116
Costs and expenses:        
Cost of sales 152,425 139,348 446,096 409,721
Franchise support and other costs 9,739 5,349 19,823 18,553
Franchise rental expense 32,364 22,260 92,842 69,829
Advertising funds expense 87,883 81,541 257,031 245,011
General and administrative 46,169 46,545 146,266 146,064
Depreciation and amortization 33,306 29,070 97,975 94,649
System optimization gains, net (1,040) (486) (1,162) (8)
Reorganization and realignment costs 403 941 4,771 6,691
Impairment of long-lived assets 0 347 1,684 2,156
Other operating income, net (2,392) (1,713) (9,377) (4,643)
Costs and expenses 358,857 323,202 1,055,949 988,023
Operating profit 79,023 77,348 225,862 204,093
Interest expense, net (27,930) (29,625) (86,943) (89,939)
Loss on early extinguishment of debt 0 0 (7,150) (11,475)
Investment income, net 340 450,133 999 450,432
Other income, net 1,878 1,061 6,166 2,423
Income before income taxes 53,311 498,917 138,934 555,534
Provision for income taxes (7,184) (107,668) (28,527) (114,250)
Net income $ 46,127 $ 391,249 $ 110,407 $ 441,284
Earnings per share        
Earnings Per Share, Basic $ 0.20 $ 1.65 $ 0.48 $ 1.85
Earnings Per Share, Diluted $ 0.20 $ 1.60 $ 0.47 $ 1.79
Sales        
Revenues        
Revenue from Contract with Customer, Excluding Assessed Tax $ 181,977 $ 165,323 $ 530,724 $ 486,316
Franchise royalty revenue and fees        
Revenues        
Revenue from Contract with Customer, Excluding Assessed Tax 109,155 103,212 320,233 308,679
Advertising funds revenue        
Revenues        
Revenue from Contract with Customer, Excluding Assessed Tax $ 86,830 $ 81,541 $ 253,923 $ 245,011