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Condensed Consolidated Statements Of Earnings - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jul. 05, 2020
Jul. 07, 2019
Jul. 05, 2020
Jul. 07, 2019
Revenues $ 242,275 $ 222,359 $ 766,105 $ 728,872
Operating costs and expenses, net:        
Food and packaging 24,077 23,058 77,662 74,350
Payroll and employee benefits 25,085 23,121 81,236 76,163
Occupancy and other 12,334 11,052 40,862 38,165
Total company restaurant costs 61,496 57,231 199,760 188,678
Selling, general and administrative expenses 13,680 24,389 66,131 66,057
Depreciation and amortization 12,141 12,786 41,151 42,645
Impairment and other charges, net 738 (3,256) (7,837) 5,567
Gains on the sale of company-operated restaurants (1,050) 0 (2,625) (219)
Total operating costs and expenses 180,485 174,098 601,523 575,164
Earnings from operations 61,790 48,261 164,582 153,708
Other pension and post-retirement expenses, net 1,482 342 40,972 1,141
Interest expense, net 15,700 36,494 51,051 67,144
Earnings from continuing operations and before income taxes 44,608 11,425 72,559 85,423
Income tax expense (benefit) 12,432 (2,048) 21,023 15,699
Earnings from continuing operations 32,176 13,473 51,536 69,724
Earnings (losses) from discontinued operations, net of income taxes 379 (284) 379 2,652
Net earnings $ 32,555 $ 13,189 $ 51,915 $ 72,376
Net earnings per share - basic:        
Earnings from continuing operations (in USD per share) $ 1.41 $ 0.52 $ 2.22 $ 2.69
Earnings from discontinued operations (in USD per share) 0.02 (0.01) 0.02 0.10
Net earnings per share (in USD per share) 1.42 [1] 0.51 [1] 2.24 [1] 2.79
Net earnings per share - diluted:        
Earnings from coninuing operations (in USD per share) 1.40 0.51 2.21 2.67
Earnings from discontinued operations (in USD per share) 0.02 (0.01) 0.02 0.10
Net earnings per share (in USD per share) 1.42 [1] 0.50 2.23 [1] 2.77
Cash dividends declared per common share (in USD per share) $ 0 $ 0.40 $ 0.80 $ 1.20
Company Restaurant Sales        
Revenues $ 82,444 $ 78,434 $ 262,188 $ 257,948
Franchise        
Revenues 76,021 63,359 241,990 208,895
Franchise rental revenues 76,021 63,359 241,990 208,895
Operating costs and expenses, net:        
Occupancy and other 48,612 38,371 161,470 127,702
Total company restaurant costs 2,692 2,695 10,339 8,337
Franchise advertising and other services expenses 42,176 41,882 133,134 136,397
Royalty and Other        
Revenues 43,239 40,180 133,469 130,840
Franchise contributions for advertising and other services        
Revenues $ 40,571 $ 40,386 $ 128,458 $ 131,189
[1] Earnings per share may not add due to rounding.