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Segment Reporting
 6 Months Ended
Dec. 24, 2023
Segment Reporting [Abstract]  
Segment Reporting

Note G - Segment Reporting

The Company has two 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 and (2) Pie Five Franchising. 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 and incentive payments from third party suppliers and distributors. Assets for these segments include equipment, furniture and fixtures.

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 operating revenues, depreciation and amortization expense, and income before taxes for the Company’s reportable segments as of the three and six months ended December 24, 2023 and December 25, 2022 (in thousands):

   
Three Months Ended
    
Six Months Ended
  
   
December 24,
2023
    
December 25,
2022
    
December 24,
2023
    
December 25,
2022
  
Net sales and operating revenues:
                        
Pizza Inn Franchising
  
$
2,271
    
$
2,351
    
$
4,875
    
$
4,820
  
Pie Five Franchising
    
435
      
470
      
873
      
958
  
Corporate administration and other
    
86
      
45
      
133
      
93
  
Consolidated revenues
  
$
2,792
    
$
2,866
    
$
5,881
    
$
5,871
  
                                 
Depreciation and amortization:
                                
Corporate administration and other
  
$
57
    
$
53
    
$
112
    
$
104
  
Depreciation and amortization
  
$
57
    
$
53
    
$
112
    
$
104
  
                                 
Income before taxes:
                                
Pizza Inn Franchising   $ 1,602     $ 1,695     $ 3,263     $ 3,206  
Pie Five Franchising
    
260
      
259
      
469
      
503
  
Combined
    
1,862
      
1,954
      
3,732
      
3,709
  
Corporate administration and other
    
(1,322
)
    
(1,466
)
    
(2,674
)
    
(2,822
)
Income before taxes
  
$
540
    
$
488
    
$
1,058
    
$
887
  
                                 
Geographic information (revenues):
                                
United States
  
$
2,747
    
$
2,799
    
$
5,783
    
$
5,728
  
Foreign countries
    
45
      
67
      
98
      
143
  
Consolidated revenues
  
$
2,792
    
$
2,866
    
$
5,881
    
$
5,871