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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 28, 2023
Jun. 29, 2022
Jun. 28, 2023
Jun. 29, 2022
Revenue:        
Total operating revenue $ 116,915 $ 115,017 $ 234,386 $ 218,124
Costs of company restaurant sales, excluding depreciation and amortization:        
Product costs 14,170 13,168 28,209 24,412
Payroll and benefits 20,488 18,336 40,728 35,422
Occupancy 4,105 3,782 8,199 7,022
Other operating expenses 7,805 9,542 15,924 16,597
Total costs of company restaurant sales, excluding depreciation and amortization 46,568 44,828 93,060 83,453
Costs of franchise and license revenue, excluding depreciation and amortization 30,460 35,265 62,847 65,934
General and administrative expenses 20,160 16,623 40,278 33,581
Depreciation and amortization 3,617 3,590 7,273 7,138
Operating (gains), losses and other charges, net 1,176 846 (153) 846
Total operating costs and expenses, net 101,981 101,152 203,305 190,952
Operating income 14,934 13,865 31,081 27,172
Interest expense, net 4,402 2,878 8,907 5,838
Other nonoperating expense (income), net (666) (19,795) 9,427 (39,410)
Income before income taxes 11,198 30,782 12,747 60,744
Provision for income taxes 2,660 7,779 3,612 15,886
Net income $ 8,538 $ 23,003 $ 9,135 $ 44,858
Net income per share - basic (in dollars per share) $ 0.15 $ 0.37 $ 0.16 $ 0.71
Net income per share - diluted (in dollars per share) $ 0.15 $ 0.37 $ 0.16 $ 0.71
Basic weighted average shares outstanding (in shares) 56,787 62,306 57,212 62,822
Diluted weighted average shares outstanding (in shares) 57,051 62,430 57,423 63,003
Company restaurant sales        
Revenue:        
Total operating revenue $ 54,881 $ 49,167 $ 108,333 $ 93,143
Franchise and license revenue        
Revenue:        
Total operating revenue $ 62,034 $ 65,850 $ 126,053 $ 124,981