Basis of Presentation and Significant Accounting Policies (Tables)

6 Months Ended

Jun. 24, 2012

Schedule of Joint Venture Arrangements

Papa John’s had two joint venture arrangements as of June 24, 2012 and June 26, 2011, which were as follows:

	Restaurants as of June 24, 2012		Restaurants as of June 26, 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 Income Before Income Taxes Attributable to Joint Ventures

The income before income taxes attributable to the joint ventures for the three and six months ended June 24, 2012 and June 26, 2011 was as follows (in thousands):

	Three Months				Six Months
	June 24,		June 26,		June 24,		June 26,
	2012		2011		2012		2011
Papa John's International, Inc.	$	1,854	$	1,518	$	3,897	$	3,316
Noncontrolling interests		1,172		929		2,498		2,051
Total income before income taxes	$	3,026	$	2,447	$	6,395	$	5,367