XML 83 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 28, 2020
Mar. 30, 2019
Revenues:    
Revenue $ 323,144 $ 319,091
Operating costs and expenses:    
Advertising expenses 118,269 118,091
General and administrative expenses 60,535 56,203
Depreciation 5,049 4,621
Amortization of other intangible assets 4,592 4,633
Long-lived asset impairment charges 74 323
Total operating costs and expenses 226,166 219,986
Net income of equity method investments 3,666 2,230
Other operating income, net 668 37
Operating income 101,312 101,372
Other income (expense), net:    
Interest income 2,055 1,831
Interest expense (32,037) (32,129)
Other loss, net (670) (4)
Total other expense, net (30,652) (30,302)
Income before income taxes 70,660 71,070
Provision for income taxes 18,547 18,747
Net income $ 52,113 $ 52,323
Earnings per share:    
Common-basic (in dollars per share) $ 0.63 $ 0.63
Common-diluted (in dollars per share) $ 0.63 $ 0.63
Franchise fees and royalty income    
Revenues:    
Revenue $ 139,476 $ 139,328
Advertising fees and related income    
Revenues:    
Revenue 116,970 117,198
Rental income    
Revenues:    
Revenue 28,932 29,028
Ice cream and other products    
Revenues:    
Revenue 23,947 20,733
Operating costs and expenses:    
Cost of goods sold 18,148 16,640
Other revenues    
Revenues:    
Revenue 13,819 12,804
Occupancy expenses—franchised restaurants    
Operating costs and expenses:    
Cost of goods sold $ 19,499 $ 19,475