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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Apr. 14, 2024
Apr. 16, 2023
Apr. 14, 2024
Apr. 16, 2023
Revenues $ 365,347 $ 395,744 $ 852,845 $ 922,840
Operating costs and expenses, net:        
Food and packaging 45,914 59,310 110,046 141,243
Payroll and employee benefits 54,054 65,035 127,108 153,676
Occupancy and other 32,355 39,275 74,408 90,646
Franchise occupancy expenses 57,091 52,649 129,715 119,873
Franchise support and other costs 3,860 3,260 9,054 5,137
Franchise advertising and other services expenses     139,757 132,713
Selling, general and administrative expenses 37,520 39,405 83,885 89,547
Depreciation and amortization 13,906 14,598 32,379 34,000
Pre-opening costs 602 154 1,067 485
Other operating expenses (income), net 5,267 2,980 10,437 (2,521)
Losses (gains) on the sale of company-operated restaurants 1,065 (704) 1,319 (4,529)
Total operating costs and expenses 311,157 334,105 719,175 760,270
Earnings from operations 54,190 61,639 133,670 162,570
Other pension and post-retirement expenses, net 1,579 1,607 3,685 3,751
Interest expense, net 18,603 19,357 43,089 45,505
Earnings before income taxes 34,008 40,675 86,896 113,314
Income taxes 9,028 14,168 23,233 33,553
Net earnings $ 24,980 $ 26,507 $ 63,663 $ 79,761
Earnings per share:        
Basic (in USD per share) $ 1.27 $ 1.28 $ 3.22 $ 3.83
Diluted (in USD per share) 1.26 1.27 3.19 3.81
Cash dividends declared per common share (in USD per share) $ 0.44 $ 0.44 $ 0.88 $ 0.88
Company restaurant sales        
Revenues $ 167,098 $ 202,604 $ 391,138 $ 472,795
Franchise rental revenues        
Revenues 85,826 83,520 199,022 192,350
Operating costs and expenses, net:        
Franchise advertising and other services expenses 59,523 58,143    
Franchise royalties and other        
Revenues 55,084 53,982 128,414 130,372
Franchise contributions for advertising and other services        
Revenues $ 57,339 $ 55,638 $ 134,271 $ 127,323