Subsequent Events	9 Months Ended
Sep. 26, 2020
Subsequent Events:
Subsequent Events:	14. Subsequent Events: On October 14, 2020, the Company’s Board of Directors approved the payment of a $3.00 per share special cash dividend (the “2020 Special Dividend”) to shareholders of record at the close of business November 11, 2020, which will be paid on December 15, 2020. The 2020 Special Dividend will be approximately $11.2 million based on the current number of shares outstanding and is expected to be financed by cash on hand. On October 14, 2020, the Line of Credit and Note Agreement were amended to, among other things, provide the consent of the lenders under these facilities for the declaration and payment of the 2020 Special Dividend and to amend the fixed charge covenant ratio definition to remove the effect of the 2020 Special Dividend. The Company continues to closely monitoring the impact of the coronavirus (COVID-19) pandemic on all aspects of its business, including that of its franchisees and leasing customers. The COVID-19 pandemic adversely affected the Company’s financial results and business operations in the Company’s first nine months ended September 26, 2020, and uncertainties regarding the pandemic continue to result in economic disruptions including reduced operating levels at many of our franchisee’s stores. Governmental authorities in the United States and Canada have taken and may continue to take measures in order to combat the spread of disease including forced closures of retail stores and other business establishments from time to time. The full impact of the COVID-19 outbreak is unknown, resulting in a high degree of uncertainty for potentially extended periods of time. At this time, neither the duration nor scope of the disruption can be predicted, therefore, the negative impact on our financial position and operating results cannot be reasonably estimated.

Subsequent Events

9 Months Ended

Sep. 26, 2020

14. Subsequent Events:

On October 14, 2020, the Company’s Board of Directors approved the payment of a $3.00 per share special cash dividend (the “2020 Special Dividend”) to shareholders of record at the close of business November 11, 2020, which will be paid on December 15, 2020. The 2020 Special Dividend will be approximately $11.2 million based on the current number of shares outstanding and is expected to be financed by cash on hand.

On October 14, 2020, the Line of Credit and Note Agreement were amended to, among other things, provide the consent of the lenders under these facilities for the declaration and payment of the 2020 Special Dividend and to amend the fixed charge covenant ratio definition to remove the effect of the 2020 Special Dividend.

The Company continues to closely monitoring the impact of the coronavirus (COVID-19) pandemic on all aspects of its business, including that of its franchisees and leasing customers. The COVID-19 pandemic adversely affected the Company’s financial results and business operations in the Company’s first nine months ended September 26, 2020, and uncertainties regarding the pandemic continue to result in economic disruptions including reduced operating levels at many of our franchisee’s stores. Governmental authorities in the United States and Canada have taken and may continue to take measures in order to combat the spread of disease including forced closures of retail stores and other business establishments from time to time. The full impact of the COVID-19 outbreak is unknown, resulting in a high degree of uncertainty for potentially extended periods of time. At this time, neither the duration nor scope of the disruption can be predicted, therefore, the negative impact on our financial position and operating results cannot be reasonably estimated.