XML 65 R52.htm IDEA: XBRL DOCUMENT v3.8.0.1
Income Taxes: Reconciliation, Components and Deferred Taxes (Details) - USD ($)
12 Months Ended
Dec. 30, 2017
Dec. 31, 2016
Dec. 26, 2015
Income Taxes:      
Federal statutory tax rate (as a percent) 35.00% 35.00% 35.00%
Reconciliation of the expected federal income tax expense based on the federal statutory tax rate to the actual income tax expense      
Federal income tax expense at statutory rate (35%) $ 12,750,900 $ 12,581,100 $ 12,328,700
Change in valuation allowance 7,500 13,800 (4,400)
State and local income taxes, net of federal benefit 1,056,500 1,021,600 956,000
Permanent differences, including stock option expenses (628,400) 84,300 158,100
Adjustment to uncertain tax positions 77,800 2,900 10,400
Rate change (1,540,300)    
Other, net 142,000 24,700 (23,700)
Total provision for income taxes 11,866,000 13,728,400 13,425,100
Current provision for income taxes:      
Federal 11,143,400 12,016,000 13,486,500
State 1,732,100 1,598,700 1,654,800
Foreign 365,900 396,600 425,900
Current provision 13,241,400 14,011,300 15,567,200
Deferred provision for income taxes:      
Federal (1,405,000) (274,600) (1,983,200)
State 29,600 (8,300) (158,900)
Deferred provision (1,375,400) (282,900) (2,142,100)
Total provision for income taxes 11,866,000 13,728,400 $ 13,425,100
Deferred tax assets:      
Accounts receivable and lease reserves 179,800 347,400  
Non-qualified stock option expense 1,800,600 2,370,700  
Deferred franchise and software license fees 561,800 817,500  
Trademarks 44,300 76,800  
Lease deposits 1,110,000 1,674,300  
Loss from and impairment of equity and note investments 2,634,500 4,065,200  
Valuation allowance (2,634,500) (4,065,200)  
Other 190,600 413,100  
Total deferred tax assets 3,887,100 5,699,800  
Deferred tax liabilities:      
Lease revenue and initial direct costs (5,707,000) (8,802,800)  
Depreciation and amortization (136,600) (228,900)  
Total deferred tax liabilities (5,843,600) (9,031,700)  
Total net deferred tax liabilities $ (1,956,500) $ (3,331,900)