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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Revenue:    
Leasing income $ 836,800 $ 1,637,000
Total revenue 20,109,500 20,523,600
Leasing expense 36,600 316,400
Provisions for credit losses (1,500) (4,600)
Selling, general and administrative expenses 6,817,300 6,636,100
Income from operations 12,218,200 12,388,400
Interest expense (737,700) (797,600)
Interest and other income 187,900 125,700
Income before income taxes 11,668,400 11,716,500
Provision for income taxes (2,849,400) (2,773,800)
Net income $ 8,819,000 $ 8,942,700
Earnings per share - basic (in dollars per share) $ 2.52 $ 2.58
Earnings per share - diluted (in dollars per share) $ 2.41 $ 2.49
Weighted average shares outstanding - basic 3,497,261 3,460,720
Weighted average shares outstanding - diluted 3,661,367 3,594,234
Royalties    
Revenue:    
Revenue $ 17,268,700 $ 16,747,700
Merchandise sales    
Revenue:    
Revenue 1,110,500 1,276,000
Cost of merchandise sold 1,038,900 1,187,300
Franchise fees    
Revenue:    
Revenue 364,500 378,200
Other    
Revenue:    
Revenue $ 529,000 $ 484,700