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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Apr. 03, 2022
Apr. 04, 2021
Revenues    
Franchise rental income $ 57,871 $ 58,876
Revenues 488,643 460,203
Costs and expenses    
Cost of sales 185,053 156,850
Franchise support and other costs 11,816 7,686
Franchise rental expense 28,936 32,566
Advertising funds expense 97,800 94,238
General and administrative 62,346 52,622
Depreciation and amortization 33,231 31,542
System optimization gains, net (3,534) (516)
Reorganization and realignment costs 464 4,934
Impairment of long-lived assets 616 635
Other operating income, net (2,966) (3,476)
Costs and expenses 413,762 377,081
Operating profit 74,881 83,122
Interest expense, net (26,365) (28,786)
Investment income, net 2,111 3
Other income, net 207 126
Income before income taxes 50,834 54,465
Provision for income taxes (13,432) (13,099)
Net income $ 37,402 $ 41,366
Earnings per share    
Earnings Per Share, Basic $ 0.17 $ 0.19
Earnings Per Share, Diluted $ 0.17 $ 0.18
Sales    
Revenues    
Revenue from Contract with Customer, Excluding Assessed Tax $ 209,275 $ 189,057
Franchise royalty revenue and fees    
Revenues    
Revenue from Contract with Customer, Excluding Assessed Tax 128,976 122,830
Advertising funds revenue    
Revenues    
Revenue from Contract with Customer, Excluding Assessed Tax $ 92,521 $ 89,440