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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 20, 2021
Jun. 14, 2020
Jun. 20, 2021
Jun. 14, 2020
Revenues:        
Revenue $ 1,032,472 $ 920,023 $ 2,016,170 $ 1,793,125
Cost of sales:        
Cost of sales 624,782 562,932 1,219,329 1,095,877
Operating margin 407,690 357,091 796,841 697,248
General and administrative 100,448 88,068 191,701 176,557
U.S. franchise advertising 116,340 105,440 227,700 201,274
Income from operations 190,902 163,583 377,440 319,417
Other Income     2,500  
Interest income 68 640 90 1,572
Interest expense (45,877) (39,727) (85,299) (79,197)
Income before provision for income taxes 145,093 124,496 294,731 241,792
Provision for income taxes 28,474 5,828 60,351 1,522
Net income $ 116,619 $ 118,668 $ 234,380 $ 240,270
Earnings per share:        
Common stock - basic $ 3.10 $ 3.04 $ 6.14 $ 6.18
Common stock - diluted $ 3.06 $ 2.99 $ 6.06 $ 6.05
U.S. Stores [Member] | U.S. Company-owned stores [Member]        
Revenues:        
Revenue $ 116,589 $ 114,240 $ 229,333 $ 216,566
Cost of sales:        
Cost of sales 88,019 87,831 173,761 167,219
U.S. Stores [Member] | U.S. franchise royalties and fees [Member]        
Revenues:        
Revenue 126,836 113,098 251,322 217,844
U.S. Stores [Member] | U.S. franchise advertising [Member]        
Revenues:        
Revenue 116,340 105,440 227,700 201,274
Supply Chain [Member]        
Revenues:        
Revenue 602,962 539,141 1,171,300 1,051,841
Cost of sales:        
Cost of sales 536,763 475,101 1,045,568 928,658
International Franchise [Member] | International franchise royalties and fees [Member]        
Revenues:        
Revenue $ 69,745 $ 48,104 $ 136,515 $ 105,600