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Segment Reporting
6 Months Ended
Dec. 29, 2019
Segment Reporting [Abstract]  
Segment Reporting
(9)
Segment Reporting

The Company has three reportable operating segments as determined by management using the “management approach” as defined by the authoritative guidance on Disclosures about Segments of an Enterprise and Related Information: (1) Pizza Inn Franchising, (2) Pie Five Franchising and (3) Company-Owned Restaurants. These segments are a result of differences in the nature of the products and services sold. Corporate administration costs, which include, but are not limited to, general accounting, human resources, legal and credit and collections, are partially allocated to the three operating segments. Other revenue consists of non-recurring items.

The Pizza Inn and Pie Five Franchising segments establish franchisees, licensees and territorial rights. Revenue for this segment is derived from franchise royalties, franchise fees, sale of area development and foreign master license rights and incentive payments from third party suppliers and distributors. Assets for this segment include equipment, furniture and fixtures.

The Company-Owned Restaurant segment includes sales and operating results for all Company-owned restaurants. Assets for this segment include equipment, furniture and fixtures for the Company-owned restaurants.

Corporate administration and other assets primarily include cash and short-term investments, as well as furniture and fixtures located at the corporate office and trademarks and other intangible assets. All assets are located within the United States.

Summarized in the following table are net sales and operating revenues, depreciation and amortization expense, and income before taxes, for the Company's reportable segments as of the three months and six months ended December 29, 2019 and December 23, 2018 (in thousands):

  
Three Months Ended
  
Six Months Ended
 
  
December 29,
2019
  
December 23,
2018
  
December 29,
2019
  
December 23,
2018
 
Net sales and operating revenues:
            
Pizza Inn Franchising
 
$
1,648
  
$
1,789
  
$
3,512
  
$
3,693
 
Pie Five Franchising
  
1,021
   
1,283
   
1,873
   
2,246
 
Company-Owned Restaurants
  
96
   
105
   
204
   
219
 
Corporate administration and other
  
65
   
18
   
117
   
28
 
Consolidated revenues
 
$
2,830
  
$
3,195
  
$
5,706
  
$
6,186
 
                 
Depreciation and amortization:
                
Pizza Inn Franchising
 
$
-
  
$
-
  
$
-
  
$
-
 
Pie Five Franchising
  
-
   
-
   
-
   
-
 
Company-Owned Restaurants
  
-
   
31
   
-
   
62
 
Combined
  
-
   
31
   
-
   
62
 
Corporate administration and other
  
49
   
95
   
96
   
203
 
Depreciation and amortization
 
$
49
  
$
126
  
$
96
  
$
265
 
                 
Income before taxes:
                
Pizza Inn Franchising
 
$
1,323
  
$
1,426
  
$
2,735
  
$
2,773
 
Pie Five Franchising
  
508
   
754
   
946
   
1,213
 
Company-Owned Restaurants
  
(236
)
  
(295
)
  
(439
)
  
(424
)
Combined
  
1,595
   
1,885
   
3,242
   
3,562
 
Corporate administration and other
  
(1,585
)
  
(1,524
)
  
(2,922
)
  
(3,043
)
Income before taxes
 
$
10
  
$
361
  
$
320
  
$
519
 
                 
Geographic information (revenues):
                
United States
 
$
2,778
  
$
3,115
  
$
5,595
  
$
6,009
 
Foreign countries
  
52
   
80
   
111
   
177
 
Consolidated total
 
$
2,830
  
$
3,195
  
$
5,706
  
$
6,186