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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 18, 2023
Jun. 19, 2022
Jun. 18, 2023
Jun. 19, 2022
Revenues:        
Revenue $ 1,024,627 $ 1,065,182 $ 2,049,025 $ 2,076,331
Cost of sales:        
Cost of sales 619,971 678,917 1,258,822 1,321,442
Gross margin 404,656 386,265 790,203 754,889
General and administrative 97,794 97,070 192,983 194,564
U.S. franchise advertising 111,459 111,081 224,185 217,670
Income from operations 195,403 178,114 372,886 342,655
Other expense (14,964) (14,964)
Refranchising loss 149
Interest income 2,537 219 4,928 268
Interest expense (44,932) (44,851) (91,479) (91,723)
Income before provision for income taxes 138,044 133,482 271,371 251,200
Provision for income taxes 28,664 30,989 57,221 57,743
Net income $ 109,380 $ 102,493 $ 214,150 $ 193,457
Earnings per share:        
Common stock - basic $ 3.11 $ 2.85 $ 6.07 $ 5.38
Common stock - diluted $ 3.08 $ 2.82 $ 6.02 $ 5.32
U.S. Stores [Member] | U.S. Company-owned stores [Member]        
Revenues:        
Revenue $ 87,694 $ 112,502 $ 172,605 $ 216,397
Cost of sales:        
Cost of sales 71,423 94,065 141,995 181,440
U.S. Stores [Member] | U.S. franchise stores [Member]        
Revenues:        
Revenue 139,268 128,098 272,132 250,383
U.S. Stores [Member] | U.S. franchise advertising [Member]        
Revenues:        
Revenue 111,459 111,081 224,185 217,670
Supply Chain [Member] | Supply Chain Center [Member]        
Revenues:        
Revenue 615,711 646,586 1,239,937 1,256,133
Cost of sales:        
Cost of sales 548,548 584,852 1,116,827 1,140,002
International Franchise [Member] | International franchise royalties and fees [Member]        
Revenues:        
Revenue $ 70,495 $ 66,915 $ 140,166 $ 135,748