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Condensed Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
May 31, 2016
May 31, 2015
May 31, 2016
May 31, 2015
Revenues:        
Company Drive-In sales $ 115,143 $ 118,369 $ 314,339 $ 310,816
Franchise Drive-Ins:        
Franchise royalties and fees 46,687 43,704 122,656 114,375
Lease revenue 2,141 1,569 5,132 3,613
Other 1,268 1,106 2,075 2,019
Total revenues 165,239 164,748 444,202 430,823
Costs and expenses:        
Food and packaging 32,089 32,727 87,248 87,128
Payroll and other employee benefits 39,912 40,898 111,635 110,049
Other operating expenses, exclusive of depreciation and amortization included below 22,442 22,955 65,450 65,484
Total cost of Company Drive-In sales 94,443 96,580 264,333 262,661
Selling, general and administrative 20,617 20,699 62,342 57,625
Depreciation and amortization 11,405 11,435 33,461 34,634
Other operating (income) expense, net (106) (336) (3,071) 4
Total costs and expenses 126,359 128,378 357,065 354,924
Income from operations 38,880 36,370 87,137 75,899
Interest expense 6,776 6,382 19,465 18,981
Interest income (121) (91) (326) (290)
Debt extinguishment costs 8,750   8,750  
Net interest expense 15,405 6,291 27,889 18,691
Income before income taxes 23,475 30,079 59,248 57,208
Provision for income taxes 8,122 9,637 20,618 19,019
Net income $ 15,353 $ 20,442 $ 38,630 $ 38,189
Basic income per share $ 0.32 $ 0.39 $ 0.79 $ 0.72
Diluted income per share 0.31 0.38 0.77 0.70
Cash dividends declared per common share $ 0.11 $ 0.09 $ 0.33 $ 0.27