(9)	Segment Reporting

The Company has three reportable operating segments as determined by management using the “management approach” as defined by the authoritative guidance on Disclosures about Segments of an Enterprise and Related Information: (1) Pizza Inn Franchising, (2) Pie Five Franchising and (3) Company-Owned Restaurants. These segments are a result of differences in the nature of the products and services sold. Corporate administration costs, which include, but are not limited to, general accounting, human resources, legal and credit and collections, are partially allocated to the three operating segments. Other revenue consists of non-recurring items.

The Pizza Inn and Pie Five Franchising segments establish franchisees, licensees and territorial rights. Revenue for this segment is derived from franchise royalties, franchise fees, sale of area development and foreign master license rights and incentive payments from third party suppliers and distributors. Assets for this segment include equipment, furniture and fixtures.

The Company-Owned Restaurant segment includes sales and operating results for all Company-owned restaurants. Assets for this segment include equipment, furniture and fixtures for the Company-owned restaurants.

Corporate administration and other assets primarily include cash and short-term investments, as well as furniture and fixtures located at the corporate office and trademarks and other intangible assets. All assets are located within the United States.

Summarized in the following table are net sales and operating revenues, depreciation and amortization expense, income before taxes, capital expenditures and assets for the Company’s reportable segments as of the three months ended September 29, 2019 and September 23, 2018 (in thousands):

	Three Months Ended
	September 29, 2019			September 23, 2018
Net sales and operating revenues:
Pizza Inn Franchising	$	1,864		$	1,904
Pie Five Franchising		852			963
Company-Owned Restaurants		108			114
Corporate administration and other		52			10
Consolidated revenues	$	2,876		$	2,991

Depreciation and amortization:
Pizza Inn Franchising	$	-		$	-
Pie Five Franchising		-			-
Company-Owned Restaurants		-			31
Combined		-			31
Corporate administration and other		47			108
Depreciation and amortization	$	47		$	139

Income before taxes:
Pizza Inn Franchising	$	1,412		$	1,347
Pie Five Franchising		438			459
Company-Owned Restaurants		(203	)		(129	)
Combined		1,647			1,677
Corporate administration and other		(1,337	)		(1,519	)
Income before taxes	$	310		$	158

Geographic information (revenues):
United States	$	2,817		$	2,894
Foreign countries		59			97
Consolidated total	$	2,876		$	2,991