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Segment Reporting
9 Months Ended
Mar. 29, 2020
Segment Reporting [Abstract]  
Segment Reporting
(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 primarily derived from franchise royalties, franchise license fees, sale of area development and foreign master license rights, incentive payments from third party suppliers and distributors, advertising funds, and supplier convention funds. Assets for these segments 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.

Revenue for corporate administration and other consists of rental income and interest income.  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, and income before taxes, for the Company's reportable segments as of the three months and nine months ended March 29, 2020 and March 24, 2019 (in thousands):

  
Three Months Ended
  
Nine Months Ended
 
  
March 29,
2020
  
March 24,
2019
  
March 29,
2020
  
March 24,
2019
 
Net sales and operating revenues:
            
Pizza Inn Franchising
 
$
1,942
  
$
1,645
  
$
5,454
  
$
5,338
 
Pie Five Franchising
  
665
   
1,102
   
2,539
   
3,348
 
Company-Owned Restaurants
  
36
   
314
   
240
   
533
 
Corporate administration and other
  
62
   
9
   
178
   
37
 
Consolidated revenues
 
$
2,705
  
$
3,070
  
$
8,411
  
$
9,256
 
                 
Depreciation and amortization:
                
Pizza Inn Franchising
 
$
-
  
$
-
  
$
-
  
$
-
 
Pie Five Franchising
  
-
   
-
   
-
   
-
 
Company-Owned Restaurants
  
-
   
31
   
-
   
93
 
Combined
  
-
   
31
   
-
   
93
 
Corporate administration and other
  
45
   
89
   
141
   
292
 
Depreciation and amortization
 
$
45
  
$
120
  
$
141
  
$
385
 
                 
Income before taxes:
                
Pizza Inn Franchising
 
$
1,568
  
$
1,308
  
$
4,303
  
$
4,081
 
Pie Five Franchising
  
179
   
551
   
1,126
   
1,764
 
Company-Owned Restaurants
  
(446
)
  
(253
)
  
(885
)
  
(677
)
Combined
  
1,301
   
1,606
   
4,544
   
5,168
 
Corporate administration and other
  
(1,808
)
  
(1,860
)
  
(4,731
)
  
(4,903
)
Income before taxes
 
$
(507
)
 
$
(254
)
 
$
(187
)
 
$
265
 
                 
Geographic information (revenues):
                
United States
 
$
2,652
  
$
2,986
  
$
8,255
  
$
9,042
 
Foreign countries
  
53
   
84
   
156
   
214
 
Consolidated total
 
$
2,705
  
$
3,070
  
$
8,411
  
$
9,256