XML 15 R4.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 25, 2021
Dec. 26, 2020
Dec. 28, 2019
Revenue:      
Leasing income $ 11,148,300 $ 14,484,000 $ 16,055,800
Total revenue 78,216,200 66,061,800 73,298,900
Cost of merchandise sold 2,940,500 2,103,900 2,469,700
Leasing expense 1,850,300 2,622,600 2,031,100
Provisions for credit losses (206,600) (79,300) (78,300)
Selling, general and administrative expenses 22,295,800 21,203,100 25,745,300
Income from operations 51,336,200 40,211,500 43,131,100
Interest expense (1,453,900) (1,737,500) (1,731,100)
Interest and other income (expense) (15,000) 43,400 67,400
Income before income taxes 49,867,300 38,517,400 41,467,400
Provision for income taxes (9,947,400) (8,694,100) (9,318,100)
Net income $ 39,919,900 $ 29,823,300 $ 32,149,300
Earnings per share - basic (in dollars per share) $ 10.87 $ 8.02 $ 8.37
Earnings per share - diluted (in dollars per share) $ 10.48 $ 7.72 $ 7.84
Weighted average shares outstanding - basic 3,671,980 3,719,485 3,840,638
Weighted average shares outstanding - diluted 3,810,480 3,863,264 4,100,629
Royalties      
Revenue:      
Revenue $ 60,779,300 $ 46,286,200 $ 51,421,800
Merchandise sales      
Revenue:      
Revenue 3,100,100 2,215,400 2,618,800
Franchise fees      
Revenue:      
Revenue 1,496,900 1,444,500 1,540,900
Other      
Revenue:      
Revenue $ 1,691,600 $ 1,631,700 $ 1,661,600