Basis of Presentation and Significant Accounting Policies (Tables)

3 Months Ended

Mar. 25, 2012

Schedule of Noncontrolling Interest Arrangements

Papa John’s had two joint venture arrangements as of March 25, 2012 and March 27, 2011, which were as follows:

	Restaurants as of March 25, 2012		Restaurants as of March 27, 2011		Restaurant Locations	Papa John's Ownership*			Noncontrolling Interest Ownership*
Star Papa, LP		76		75	Texas		51	%		49	%
Colonel's Limited, LLC		52		52	Maryland and Virginia		70	%		30	%
*The ownership percentages were the same for both the 2012 and 2011 periods presented in the accompanying
consolidated financial statements.

Schedule of Pre-Tax Income Attributable to Noncontrolling Interest

The income before income taxes attributable to the joint ventures for the three months ended March 25, 2012 and March 27, 2011 was as follows (in thousands):

	March 25,		March 27,
	2012		2011
Papa John's International, Inc.	$	2,043	$	1,798
Noncontrolling interests		1,326		1,122
Total income before income taxes	$	3,369	$	2,920