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v3.5.0.2

Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 28, 2016 | Sep. 30, 2015 | Sep. 28, 2016 | Sep. 30, 2015
Revenue: |  |  |  |
Company restaurant sales | $ 93,122 | $ 89,279 | $ 272,718 | $ 263,890
Franchise and license revenue | 35,264 | 34,499 | 104,625 | 103,378
Total operating revenue | 128,386 | 123,778 | 377,343 | 367,268
Costs of company restaurant sales: |  |  |  |
Product costs | 22,819 | 23,289 | 67,253 | 66,609
Payroll and benefits | 35,999 | 34,249 | 104,548 | 101,118
Occupancy | 4,928 | 5,164 | 14,721 | 14,972
Other operating expenses | 13,372 | 12,388 | 37,544 | 36,019
Total costs of company restaurant sales | 77,118 | 75,090 | 224,066 | 218,718
Costs of franchise and license revenue | 10,275 | 10,649 | 31,037 | 32,843
General and administrative expenses | 17,558 | 16,008 | 50,691 | 49,771
Depreciation and amortization | 5,609 | 5,422 | 16,207 | 15,760
Operating (gains), losses and other charges, net | 249 | 886 | 24,365 | 1,722
Total operating costs and expenses, net | 110,809 | 108,055 | 346,366 | 318,814
Operating income | 17,577 | 15,723 | 30,977 | 48,454
Interest expense, net | 3,117 | 2,327 | 8,905 | 6,678
Other nonoperating (income) expense, net | (543) | 592 | (635) | 538
Net income before income taxes | 15,003 | 12,804 | 22,707 | 41,238
Provision for income taxes | 5,277 | 3,854 | 14,579 | 14,021
Net income | $ 9,726 | $ 8,950 | $ 8,128 | $ 27,217
Basic net income per share | $ 0.13 | $ 0.11 | $ 0.11 | $ 0.32
Diluted net income per share | $ 0.13 | $ 0.11 | $ 0.10 | $ 0.32
Basic weighted average shares outstanding | 74,851 | 82,923 | 76,214 | 83,952
Diluted weighted average shares outstanding | 76,791 | 85,056 | 78,052 | 86,067

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