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Segment Reporting
 6 Months Ended
Dec. 26, 2021
Segment Reporting [Abstract]  
Segment Reporting

Note H - 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 primarily derived from franchise royalties, franchise license fees, sale of area development and foreign master license rights, incentive payments from third party suppliers and distributors, advertising funds, and supplier convention funds. Assets for these segments 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.

Revenue for corporate administration and other consists of rental income and interest income.  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 26, 2021 and December 27, 2020 (in thousands):

   
Three Months Ended
    
Six Months Ended
  
   
December 26,
2021
    
December 27,
2020
    
December 26,
2021
    
December 27,
2020
  
Net sales and operating revenues:
                        
Pizza Inn Franchising
  
$
2,154
    
$
1,624
    
$
4,188
    
$
3,004
  
Pie Five Franchising
    
496
      
456
      
968
      
932
  
Company-Owned Restaurants
     —       —       —       —  
Corporate administration and other
    
46
      
48
      
93
      
95
  
Consolidated revenues
  
$
2,696
    
$
2,128
    
$
5,249
    
$
4,031
  
                                 
Depreciation and amortization expense:
                                
Corporate administration and other
  
$
48
    
$
43
    
$
92
    
$
87
  
Depreciation and amortization
  
$
48
    
$
43
    
$
92
    
$
87
  
                                 
Income before taxes:
                                
Pizza Inn Franchising   $ 1,583     $ 1,284     $ 2,858     $ 2,384  
Pie Five Franchising
    
283
      
190
      
528
      
399
  
Company-Owned Restaurants
    
(1
)
    
(79
)
    
(2
)
    
(179
)
Combined
    
1,865
      
1,395
      
3,384
      
2,604
  
Corporate administration and other
    
(1,404
)
    
(1,291
)
    
(2,635
)
    
(2,422
)
Income before taxes
  
$
461
    
$
104
    
$
749
    
$
182
  
                                 
Geographic information (revenues):
                                
United States
  
$
2,620
    
$
2,074
    
$
5,173
    
$
3,933
  
Foreign countries
    
76
      
54
      
76
      
98
  
Consolidated total
  
$
2,696
    
$
2,128
    
$
5,249
    
$
4,031