Segment Reporting:

3 Months Ended

Mar. 30, 2024

Segment Reporting:

Segment Reporting:

11. Segment Reporting:

The Company currently has one reportable operating segment, franchising, and one non-reportable operating segment. The franchising segment franchises value-oriented retail store concepts that buy, sell and trade merchandise. The non-reportable operating segment includes the Company’s equipment leasing business. Segment reporting is intended to give financial statement users a better view of how the Company manages and evaluates its businesses. The Company’s internal management reporting is the basis for the information disclosed for its operating segments. The following tables summarize financial information by segment and provide a reconciliation of segment contribution to operating income:

	Three Months Ended
	March 30, 2024		April 1, 2023
Revenue:
Franchising	$	19,272,700	$	18,886,600
Other		836,800		1,637,000
Total revenue	$	20,109,500	$	20,523,600
Reconciliation to operating income:
Franchising segment contribution	$	11,475,900	$	11,207,500
Other operating segment contribution		742,300		1,180,900
Total operating income	$	12,218,200	$	12,388,400