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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Apr. 16, 2023
Apr. 17, 2022
Apr. 16, 2023
Apr. 17, 2022
Revenues $ 395,744 $ 322,294 $ 922,840 $ 667,005
Operating costs and expenses, net:        
Food and packaging 59,310 46,871 141,243 84,408
Payroll and employee benefits 65,035 50,910 153,676 90,635
Occupancy and other 39,275 29,171 90,646 50,048
Franchise occupancy expenses 52,649 49,244 119,873 113,227
Franchise support and other costs 3,260 5,015 5,137 8,926
Franchise advertising and other services expenses     132,713 112,566
Selling, general and administrative expenses 39,405 28,213 89,547 53,242
Depreciation and amortization 14,598 11,545 34,000 24,041
Pre-opening costs 154 266 485 576
Other operating expenses (income), net     (2,521) 18,210
Gains on the sale of company-operated restaurants (704) (810) (4,529) (858)
Total operating costs and expenses 334,105 284,050 760,270 555,021
Earnings from operations 61,639 38,244 162,570 111,984
Other pension and post-retirement expenses, net 1,607 70 3,751 163
Interest expense, net 19,357 26,481 45,505 46,668
Earnings before income taxes 40,675 11,693 113,314 65,153
Income taxes 14,168 3,897 33,553 18,087
Net earnings $ 26,507 $ 7,796 $ 79,761 $ 47,066
Earnings per share:        
Basic (in USD per share) $ 1.28 $ 0.37 $ 3.83 $ 2.22
Diluted (in USD per share) 1.27 0.37 3.81 2.21
Cash dividends declared per common share (in USD per share) $ 0.44 $ 0.44 $ 0.88 $ 0.88
Company restaurant sales        
Revenues $ 202,604 $ 151,309 $ 472,795 $ 271,365
Franchise rental revenues        
Revenues 83,520 76,556 192,350 179,655
Operating costs and expenses, net:        
Franchise advertising and other services expenses 58,143 49,258    
Franchise royalties and other        
Revenues 53,982 47,101 130,372 107,856
Franchise contributions for advertising and other services        
Revenues $ 55,638 $ 47,328 $ 127,323 $ 108,129