XML 61 R4.htm IDEA: XBRL DOCUMENT v3.20.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 28, 2019
Dec. 29, 2018
Dec. 30, 2017
Revenue:      
Leasing income $ 16,055,800    
Leasing income   $ 18,176,500 $ 18,470,200
Total revenue 73,298,900 72,511,100 69,757,300
Cost of merchandise sold 2,469,700 2,741,100 2,432,600
Leasing expense 2,031,100 1,929,300 3,269,100
Provision for credit losses (78,300) 38,600 9,000
Selling, general and administrative expenses 25,745,300 26,038,300 25,241,600
Income from operations 43,131,100 41,763,800 38,805,000
Interest expense (1,731,100) (2,447,500) (2,366,400)
Interest and other income (expense) 67,400 (33,200) 12,900
Income before income taxes 41,467,400 39,283,100 36,451,500
Provision for income taxes (9,318,100) (9,157,600) (11,871,000)
Net income $ 32,149,300 $ 30,125,500 $ 24,580,500
Earnings per share - basic (in dollars per share) $ 8.37 $ 7.77 $ 6.06
Earnings per share - diluted (in dollars per share) $ 7.84 $ 7.26 $ 5.66
Weighted average shares outstanding - basic 3,840,638 3,874,757 4,056,049
Weighted average shares outstanding - diluted 4,100,629 4,149,779 4,339,944
Royalties      
Revenue:      
Revenue $ 51,421,800 $ 48,224,500 $ 45,643,500
Merchandise sales      
Revenue:      
Revenue 2,618,800 2,903,100 2,572,200
Franchise fees      
Revenue:      
Revenue 1,540,900 1,580,300 1,541,100
Other      
Revenue:      
Revenue $ 1,661,600 $ 1,626,700 $ 1,530,300