Papa John's International, Inc. and Subsidiaries
Condensed Consolidated Statements of Income
Summary of Income Statement Presentation Reclassifications

		Three Months Ended June 25, 2017
(In thousands, except per share amounts)	As reported		Reclassifications		Adjusted
Revenues:
North America commissary and other sales (1)		175,204		(15,145)		160,059
International (2)		30,230		(2,985)		27,245
Other revenues (1) (2)		-		18,130		18,130

Costs and expenses:
North America commissary and other expenses (1)		162,989		(13,517)		149,472
International expenses (2)		19,482		(2,210)		17,272
Other expenses (1) (2) (3)		-		17,482		17,482
General and administrative expenses (3)		42,003		(1,755)		40,248


		Six Months Ended June 25, 2017
(In thousands, except per share amounts)	As reported		Reclassifications		Adjusted
Revenues:
North America commissary and other sales (1)		361,449		(30,050)		331,399
International (2)		58,748		(5,881)		52,867
Other revenues (1) (2)		-		35,931		35,931

Costs and expenses:
North America commissary and other expenses (1)		336,701		(27,272)		309,429
International expenses (2)		37,472		(4,409)		33,063
Other expenses (1) (2) (3)		-		35,029		35,029
General and administrative expenses (3)		80,010		(3,348)		76,662

(1)

Includes reclassification of previous amounts reported in North America commissary and other sales and expenses including print and promotional items, information systems and related services used in restaurant operations, including our point of sale system, online and other technology-based ordering platforms.

(2)

Includes reclassification of previous amounts reported in International related to advertising expenses and rental income and expenses for United Kingdom head leases which are subleased to United Kingdom franchisees.

(3)

Includes reclassification of various technology related expenditures for fee-based services discussed in (1) above and advertising expenses to be consistent with 2018 presentation.