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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Jan. 01, 2023
Jan. 02, 2022
Revenues:      
Revenues $ 2,181,578 $ 2,095,505 $ 1,896,998
Costs and expenses:      
Cost of sales 794,493 773,169 611,680
Franchise support and other costs 57,243 46,736 42,900
Franchise rental expense 125,371 124,083 132,411
Advertising funds expense 428,003 430,760 411,751
General and administrative 249,964 254,979 242,970
Depreciation and amortization (exclusive of amortization of cloud computing arrangements shown separately below) 135,789 133,414 125,540
Amortization of cloud computing arrangements 12,778 2,394 0
System optimization gains, net (880) (6,779) (33,545)
Reorganization and realignment costs 9,200 698 8,548
Impairment of long-lived assets 1,401 6,420 2,251
Other operating income, net (13,768) (23,683) (14,468)
Costs and expenses 1,799,594 1,742,191 1,530,038
Operating profit 381,984 353,314 366,960
Interest expense, net (124,061) (122,319) (109,185)
Gain (loss) on early extinguishment of debt, net 2,283 0 (17,917)
Investment (loss) income, net (10,358) 2,107 39
Other income, net 29,570 10,403 681
Income before income taxes 279,418 243,505 240,578
Provision for income taxes (74,978) (66,135) (40,186)
Net income $ 204,440 $ 177,370 $ 200,392
Net income per share:      
Basic $ 0.98 $ 0.83 $ 0.91
Diluted $ 0.97 $ 0.82 $ 0.89
Sales      
Revenues:      
Revenue from Contract with Customer, Excluding Assessed Tax $ 930,083 $ 896,585 $ 734,074
Franchise royalty revenue and fees      
Revenues:      
Revenue from Contract with Customer, Excluding Assessed Tax 592,331 558,235 536,748
Franchise Rental Income      
Revenues:      
Revenue from Contract with Customer, Excluding Assessed Tax 230,168 234,465 236,655
Advertising funds revenue      
Revenues:      
Revenue from Contract with Customer, Excluding Assessed Tax $ 428,996 $ 406,220 $ 389,521