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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 28, 2020
Mar. 30, 2019
Revenue:    
Leasing income $ 5,871,200 $ 5,155,300
Total revenue 18,600,000 18,331,200
Leasing expense 1,416,200 698,700
Provision for credit losses 615,400 10,100
Selling, general and administrative expenses 5,748,900 6,984,400
Income from operations 10,101,800 10,066,500
Interest expense (525,200) (442,200)
Interest and other income (expense) 5,900 (300)
Income before income taxes 9,582,500 9,624,000
Provision for income taxes (2,265,500) (2,351,800)
Net income $ 7,317,000 $ 7,272,200
Earnings per share - basic (in dollars per share) $ 1.97 $ 1.86
Earnings per share - diluted (in dollars per share) $ 1.87 $ 1.73
Weighted average shares outstanding - basic 3,711,597 3,906,895
Weighted average shares outstanding - diluted 3,911,751 4,198,454
Royalties    
Revenue:    
Revenue $ 11,172,500 $ 11,761,400
Merchandise sales    
Revenue:    
Revenue 754,100 611,000
Cost of merchandise sold 717,700 571,500
Franchise fees    
Revenue:    
Revenue 387,400 391,800
Other    
Revenue:    
Revenue $ 414,800 $ 411,700