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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Jan. 01, 2023
Jan. 02, 2022
Jan. 03, 2021
Revenues:      
Franchise rental income $ 234,465 $ 236,655 $ 232,648
Revenues 2,095,505 1,896,998 1,733,825
Costs and expenses:      
Cost of sales 773,169 611,680 614,907
Franchise support and other costs 46,736 42,900 26,464
Franchise rental expense 124,083 132,411 125,613
Advertising funds expense 430,760 411,751 345,360
General and administrative 254,979 242,970 206,876
Depreciation and amortization (exclusive of amortization of cloud computing arrangements shown separately below) 133,414 125,540 132,775
Amortization of cloud computing arrangements 2,394 0 0
System optimization gains, net (6,779) (33,545) (3,148)
Reorganization and realignment costs 698 8,548 16,030
Impairment of long-lived assets 6,420 2,251 8,037
Other operating income, net (23,683) (14,468) (8,397)
Costs and expenses 1,742,191 1,530,038 1,464,517
Operating profit 353,314 366,960 269,308
Interest expense, net (122,319) (109,185) (117,737)
Loss on early extinguishment of debt 0 (17,917) 0
Investment income (loss), net 2,107 39 (225)
Other income, net 10,403 681 1,449
Income before income taxes 243,505 240,578 152,795
Provision for income taxes (66,135) (40,186) (34,963)
Net income $ 177,370 $ 200,392 $ 117,832
Net income per share:      
Basic $ 0.83 $ 0.91 $ 0.53
Diluted $ 0.82 $ 0.89 $ 0.52
Sales      
Revenues:      
Revenue from Contract with Customer, Excluding Assessed Tax $ 896,585 $ 734,074 $ 722,764
Franchise royalty revenue and fees      
Revenues:      
Revenue from Contract with Customer, Excluding Assessed Tax 558,235 536,748 444,749
Advertising funds revenue      
Revenues:      
Revenue from Contract with Customer, Excluding Assessed Tax $ 406,220 $ 389,521 $ 333,664