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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Apr. 01, 2023
Mar. 26, 2022
Revenue:    
Leasing income $ 1,637,000 $ 2,871,700
Total revenue 20,523,600 20,049,800
Leasing expense 316,400 216,000
Provisions for credit losses (4,600) (8,900)
Selling, general and administrative expenses 6,636,100 5,540,000
Income from operations 12,388,400 13,438,200
Interest expense (797,600) (513,100)
Interest and other income (expense) 125,700 (900)
Income before income taxes 11,716,500 12,924,200
Provision for income taxes (2,773,800) (3,071,700)
Net income $ 8,942,700 $ 9,852,500
Earnings per share - basic (in dollars per share) $ 2.58 $ 2.74
Earnings per share - diluted (in dollars per share) $ 2.49 $ 2.65
Weighted average shares outstanding - basic 3,460,720 3,597,926
Weighted average shares outstanding - diluted 3,594,234 3,716,322
Royalties    
Revenue:    
Revenue $ 16,747,700 $ 15,390,100
Merchandise sales    
Revenue:    
Revenue 1,276,000 914,300
Cost of merchandise sold 1,187,300 864,500
Franchise fees    
Revenue:    
Revenue 378,200 420,600
Other    
Revenue:    
Revenue $ 484,700 $ 453,100