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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 24, 2022
Sep. 25, 2021
Sep. 24, 2022
Sep. 25, 2021
Revenue:        
Leasing income $ 1,762,100 $ 2,266,200 $ 5,845,800 $ 8,351,800
Total revenue 21,164,500 20,153,400 60,285,100 57,841,900
Leasing expense 376,300 358,900 891,900 1,410,800
Provisions for credit losses (22,000) (55,900) (46,600) (167,300)
Selling, general and administrative expenses 5,671,500 5,380,100 16,673,100 16,287,600
Income from operations 14,421,100 13,789,200 40,214,400 38,423,100
Interest expense (820,500) (323,200) (2,045,600) (945,600)
Interest and other income (expense) 21,700 (18,800) 7,000 (7,100)
Income before income taxes 13,622,300 13,447,200 38,175,800 37,470,400
Provision for income taxes (3,253,700) (3,364,700) (8,927,500) (9,139,500)
Net income $ 10,368,600 $ 10,082,500 $ 29,248,300 $ 28,330,900
Earnings per share - basic (in dollars per share) $ 3.01 $ 2.77 $ 8.36 $ 7.68
Earnings per share - diluted (in dollars per share) $ 2.93 $ 2.67 $ 8.11 $ 7.40
Weighted average shares outstanding - basic 3,439,417 3,635,055 3,500,411 3,688,419
Weighted average shares outstanding - diluted 3,540,779 3,782,873 3,605,445 3,829,322
Royalties        
Revenue:        
Revenue $ 17,859,000 $ 16,375,900 $ 49,230,400 $ 45,141,200
Merchandise sales        
Revenue:        
Revenue 746,000 704,800 2,687,500 1,980,300
Cost of merchandise sold 717,600 681,100 2,552,300 1,887,700
Franchise fees        
Revenue:        
Revenue 348,100 383,400 1,160,200 1,101,300
Other        
Revenue:        
Revenue $ 449,300 $ 423,100 $ 1,361,200 $ 1,267,300