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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 26, 2022
Mar. 27, 2021
Revenue:    
Leasing income $ 2,871,700 $ 3,237,000
Total revenue 20,049,800 18,658,900
Leasing expense 216,000 389,500
Provisions for credit losses (8,900) (48,700)
Selling, general and administrative expenses 5,540,000 5,102,300
Income from operations 13,438,200 12,657,000
Interest expense (513,100) (318,100)
Interest and other income (expense) (900) 6,800
Income before income taxes 12,924,200 12,345,700
Provision for income taxes (3,071,700) (3,034,600)
Net income $ 9,852,500 $ 9,311,100
Earnings per share - basic (in dollars per share) $ 2.74 $ 2.49
Earnings per share - diluted (in dollars per share) $ 2.65 $ 2.40
Weighted average shares outstanding - basic 3,597,926 3,736,676
Weighted average shares outstanding - diluted 3,716,322 3,874,227
Royalties    
Revenue:    
Revenue $ 15,390,100 $ 14,048,800
Merchandise sales    
Revenue:    
Revenue 914,300 592,400
Cost of merchandise sold 864,500 558,800
Franchise fees    
Revenue:    
Revenue 420,600 359,000
Other    
Revenue:    
Revenue $ 453,100 $ 421,700