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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended9 Months Ended
Sep. 24, 2011
Sep. 25, 2010
Sep. 24, 2011
Sep. 25, 2010
REVENUE:    
Royalties$ 8,046,400$ 7,030,000$ 21,918,500$ 19,761,800
Leasing income2,369,3002,419,60012,584,5007,290,300
Merchandise sales664,300964,0001,998,7002,009,200
Franchise fees516,200357,100836,200885,600
Other177,300236,600765,300782,300
Total revenue11,773,50011,007,30038,103,20030,729,200
COST OF MERCHANDISE SOLD631,400920,6001,908,5001,911,800
LEASING EXPENSE290,400387,6004,149,3001,374,200
PROVISION FOR CREDIT LOSSES(13,100)130,5008,200142,400
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES4,219,1004,360,20014,095,40014,093,300
Income from operations6,645,7005,208,40017,941,80013,207,500
LOSS FROM EQUITY INVESTMENTS(224,700)(200,200)(444,600)(322,400)
IMPAIRMENT OF INVESTMENT IN NOTES(293,200) (546,100) 
INTEREST EXPENSE(26,200)(363,900)(84,200)(925,200)
INTEREST AND OTHER INCOME (EXPENSE)(9,000)96,10022,100376,800
Income before income taxes6,092,6004,740,40016,889,00012,336,700
PROVISION FOR INCOME TAXES(2,609,100)(2,050,400)(6,979,000)(5,126,900)
NET INCOME$ 3,483,500$ 2,690,000$ 9,910,000$ 7,209,800
EARNINGS PER SHARE - BASIC (in dollars per share)$ 0.70$ 0.54$ 1.99$ 1.43
EARNINGS PER SHARE - DILUTED (in dollars per share)$ 0.66$ 0.51$ 1.89$ 1.39
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC (in shares)4,970,0465,011,8624,980,1605,055,405
WEIGHTED AVERAGE SHARES OUTSTANDING - DILUTED (in shares)5,263,3435,224,5805,239,4245,203,628