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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Sep. 28, 2024
Sep. 30, 2023
Revenue:        
Leasing income $ 316,200 $ 1,291,900 $ 1,677,400 $ 3,948,700
Total revenue 21,510,900 22,317,800 61,741,100 63,203,600
Leasing expense   11,000 36,600 381,700
Provisions for credit losses   700 (1,500) (4,600)
Selling, general and administrative expenses 5,919,800 6,248,200 18,979,000 18,694,300
Income from operations 14,928,600 15,122,500 40,164,400 40,761,700
Interest expense (704,100) (763,100) (2,163,300) (2,339,800)
Interest and other income 386,400 385,400 855,200 803,400
Income before income taxes 14,610,900 14,744,800 38,856,300 39,225,300
Provision for income taxes (3,490,200) (3,595,000) (8,485,100) (8,764,000)
Net income $ 11,120,700 $ 11,149,800 $ 30,371,200 $ 30,461,300
Earnings per share - basic (in dollars per share) $ 3.16 $ 3.20 $ 8.65 $ 8.77
Earnings per share - diluted (in dollars per share) $ 3.03 $ 3.05 $ 8.29 $ 8.40
Weighted average shares outstanding - basic 3,520,334 3,485,852 3,510,461 3,475,066
Weighted average shares outstanding - diluted 3,671,121 3,653,730 3,663,309 3,627,550
Royalties        
Revenue:        
Revenue $ 19,512,500 $ 19,210,000 $ 54,555,700 $ 53,063,400
Merchandise sales        
Revenue:        
Revenue 702,500 997,800 2,738,500 3,601,900
Cost of merchandise sold 662,500 935,400 2,562,600 3,370,500
Franchise fees        
Revenue:        
Revenue 451,200 334,400 1,182,700 1,133,400
Other        
Revenue:        
Revenue $ 528,500 $ 483,700 $ 1,586,800 $ 1,456,200