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Segment Reporting
 9 Months Ended
Mar. 26, 2023
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 ASC 280 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 nonrecurring items.

The Pizza Inn and Pie Five Franchising segments establish franchisees, licensees and territorial rights. Revenue for these segments are derived from franchise royalties, franchise 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 Restaurants 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. As of March 26, 2023, the Company did not operate any 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 tables are net sales and operating revenues, depreciation and amortization expense, income from continuing operations before taxes, capital expenditures and assets for the Company’s reportable segments as of the three and nine months ended March 26, 2023 and March 27, 2022 (in thousands):

   
Three Months Ended
    
Nine Months Ended
  
   
March 26, 2023
    
March 27, 2022
    
March 26, 2023
    
March 27, 2022
  
Net sales and operating revenues:
                        
Pizza Inn Franchising
  
$
2,450
    
$
2,091
    
$
7,270
    
$
6,279
  
Pie Five Franchising
    
473
      
482
      
1,431
      
1,450
  
Company-Owned Restaurants
     —       —       —       —  
Corporate administration and other
    
47
      
47
      
140
      
140
  
Consolidated revenues
  
$
2,970
    
$
2,620
    
$
8,841
    
$
7,869
  
                                 
Depreciation and amortization:
                                
Corporate administration and other
  
$
54
    
$
46
    
$
158
    
$
138
  
Depreciation and amortization
  
$
54
    
$
46
    
$
158
    
$
138
  
                                 
Income before taxes:
                                
Pizza Inn Franchising   $ 1,701     $ 1,648     $ 4,907     $ 4,506  
Pie Five Franchising
    
258
      
220
      
761
      
748
  
Company-Owned Restaurants
    
—
   
(1
)
    
—
   
(3
)
Combined
    
1,959
      
1,867
      
5,668
      
5,251
  
Corporate administration and other
    
(1,521
)
    
(1,371
)
    
(4,343
)
    
(4,006
)
Income before taxes
  
$
438
    
$
496
    
$
1,325
    
$
1,245
  
                                 
Geographic information (revenues):
                                
United States
  
$
2,910
    
$
2,547
    
$
8,638
    
$
7,643
  
Foreign countries
    
60
      
73
      
203
      
226
  
Consolidated revenues
  
$
2,970
    
$
2,620
    
$
8,841
    
$
7,869