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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 30, 2019
Mar. 31, 2018
Revenue:    
Leasing income $ 5,155,300  
Leasing income   $ 5,528,800
Total revenue 18,331,200 18,161,000
Leasing expense 698,700 554,900
Provision for credit losses 10,100 95,000
Selling, general and administrative expenses 6,984,400 6,694,400
Income from operations 10,066,500 10,074,200
Interest expense (442,200) (743,800)
Interest and other income (expense) (300) (1,000)
Income before income taxes 9,624,000 9,329,400
Provision for income taxes (2,351,800) (2,369,000)
Net income $ 7,272,200 $ 6,960,400
Earnings per share - basic (in dollars per share) $ 1.86 $ 1.81
Earnings per share - diluted (in dollars per share) $ 1.73 $ 1.69
Weighted average shares outstanding - basic 3,906,895 3,847,312
Weighted average shares outstanding - diluted 4,198,454 4,124,573
Royalties    
Revenue:    
Revenue $ 11,761,400 $ 11,049,000
Merchandise sales    
Revenue:    
Revenue 611,000 776,900
Cost of merchandise sold 571,500 742,500
Franchise fees    
Revenue:    
Revenue 391,800 400,900
Other    
Revenue:    
Revenue $ 411,700 $ 405,400