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v3.20.1

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) | 12 Months Ended
--- | ---
Dec. 28, 2019 | Dec. 29, 2018 | Dec. 30, 2017
Revenue: |  |  |
Leasing income | $ 16,055,800 |  |
Leasing income |  | $ 18,176,500 | $ 18,470,200
Total revenue | 73,298,900 | 72,511,100 | 69,757,300
Cost of merchandise sold | 2,469,700 | 2,741,100 | 2,432,600
Leasing expense | 2,031,100 | 1,929,300 | 3,269,100
Provision for credit losses | (78,300) | 38,600 | 9,000
Selling, general and administrative expenses | 25,745,300 | 26,038,300 | 25,241,600
Income from operations | 43,131,100 | 41,763,800 | 38,805,000
Interest expense | (1,731,100) | (2,447,500) | (2,366,400)
Interest and other income (expense) | 67,400 | (33,200) | 12,900
Income before income taxes | 41,467,400 | 39,283,100 | 36,451,500
Provision for income taxes | (9,318,100) | (9,157,600) | (11,871,000)
Net income | $ 32,149,300 | $ 30,125,500 | $ 24,580,500
Earnings per share - basic (in dollars per share) | $ 8.37 | $ 7.77 | $ 6.06
Earnings per share - diluted (in dollars per share) | $ 7.84 | $ 7.26 | $ 5.66
Weighted average shares outstanding - basic | 3,840,638 | 3,874,757 | 4,056,049
Weighted average shares outstanding - diluted | 4,100,629 | 4,149,779 | 4,339,944
Royalties |  |  |
Revenue: |  |  |
Revenue | $ 51,421,800 | $ 48,224,500 | $ 45,643,500
Merchandise sales |  |  |
Revenue: |  |  |
Revenue | 2,618,800 | 2,903,100 | 2,572,200
Franchise fees |  |  |
Revenue: |  |  |
Revenue | 1,540,900 | 1,580,300 | 1,541,100
Other |  |  |
Revenue: |  |  |
Revenue | $ 1,661,600 | $ 1,626,700 | $ 1,530,300

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