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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 27, 2021
Mar. 28, 2020
Revenue:    
Leasing income $ 3,237,000 $ 5,871,200
Total revenue 18,658,900 18,600,000
Leasing expense 389,500 1,416,200
Provision for credit losses (48,700) 615,400
Selling, general and administrative expenses 5,102,300 5,748,900
Income from operations 12,657,000 10,101,800
Interest expense (318,100) (525,200)
Interest and other income 6,800 5,900
Income before income taxes 12,345,700 9,582,500
Provision for income taxes (3,034,600) (2,265,500)
Net income $ 9,311,100 $ 7,317,000
Earnings per share - basic (in dollars per share) $ 2.49 $ 1.97
Earnings per share - diluted (in dollars per share) $ 2.40 $ 1.87
Weighted average shares outstanding - basic 3,736,676 3,711,597
Weighted average shares outstanding - diluted 3,874,227 3,911,751
Royalties    
Revenue:    
Revenue $ 14,048,800 $ 11,172,500
Merchandise sales    
Revenue:    
Revenue 592,400 754,100
Cost of merchandise sold 558,800 717,700
Franchise fees    
Revenue:    
Revenue 359,000 387,400
Other    
Revenue:    
Revenue $ 421,700 $ 414,800