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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 31, 2018
Apr. 01, 2017
Revenue:    
Leasing income $ 5,528,800 $ 5,859,600
Total revenue 18,161,000 17,810,900
Leasing expense 554,900 1,271,400
Provision for credit losses 95,000 (1,400)
Selling, general and administrative expenses 6,694,400 6,512,500
Income from operations 10,074,200 9,313,400
Interest expense (743,800) (499,100)
Interest and other income (expense) (1,000) 1,800
Income before income taxes 9,329,400 8,816,100
Provision for income taxes (2,369,000) (3,265,300)
Net income $ 6,960,400 $ 5,550,800
Earnings per share - basic (in dollars per share) $ 1.81 $ 1.33
Earnings per share - diluted (in dollars per share) $ 1.69 $ 1.25
Weighted average shares outstanding - basic 3,847,312 4,167,132
Weighted average shares outstanding - diluted 4,124,573 4,450,495
Royalties    
Revenue:    
Revenue $ 11,049,000 $ 10,454,000
Merchandise sales    
Revenue:    
Revenue 776,900 748,300
Cost of merchandise sold 742,500 715,000
Franchise fees    
Revenue:    
Revenue 400,900 368,600
Other    
Revenue:    
Revenue $ 405,400 $ 380,400