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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Apr. 13, 2025
Apr. 14, 2024
Apr. 13, 2025
Apr. 14, 2024
Revenues $ 336,696 $ 365,347 $ 806,134 $ 852,845
Operating costs and expenses, net:        
Food and packaging 38,095 45,914 89,743 110,046
Payroll and employee benefits 50,273 54,054 120,546 127,108
Occupancy and other 29,382 32,355 68,528 74,408
Franchise occupancy expenses 59,558 57,091 138,391 129,715
Franchise support and other costs 4,903 3,860 10,101 9,054
Franchise advertising and other services expenses     134,744 139,757
Selling, general and administrative expenses 35,492 37,520 86,164 83,885
Depreciation and amortization 12,217 13,906 30,487 32,379
Pre-opening costs 632 602 2,108 1,067
Goodwill and Intangible Asset Impairment 203,230 0 203,230 0
Other operating expenses, net 4,216 5,267 7,735 10,437
(Gains) losses on the sale of company-operated restaurants 30 1,065 (2,776) 1,319
Total operating costs and expenses 493,774 311,157 889,001 719,175
Earnings (loss) from operations (157,078) 54,190 (82,867) 133,670
Other pension and post-retirement expenses, net 1,341 1,579 3,130 3,685
Interest expense, net 18,368 18,603 42,793 43,089
Earnings (loss) before income taxes (176,787) 34,008 (128,790) 86,896
Income tax expense (benefit) (34,559) 9,028 (20,248) 23,233
Net earnings (loss) $ (142,228) $ 24,980 $ (108,542) $ 63,663
Earnings (loss) per share:        
Basic (in USD per share) $ (7.47) $ 1.27 $ (5.70) $ 3.22
Diluted (in USD per share) (7.47) 1.26 (5.70) 3.19
Cash dividends declared per common share (in USD per share) $ 0.44 $ 0.44 $ 0.88 $ 0.88
Company restaurant sales        
Revenues $ 142,492 $ 167,098 $ 343,898 $ 391,138
Franchise rental revenues        
Revenues 86,307 85,826 202,853 199,022
Operating costs and expenses, net:        
Franchise advertising and other services expenses 55,746 59,523    
Franchise royalties and other        
Revenues 53,939 55,084 127,973 128,414
Franchise contributions for advertising and other services        
Revenues $ 53,958 $ 57,339 $ 131,410 $ 134,271