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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Apr. 04, 2021
Mar. 29, 2020
Revenues    
Franchise rental income $ 58,876 $ 57,856
Revenues 460,203 404,960
Costs and expenses    
Cost of sales 156,850 149,999
Franchise support and other costs 7,686 8,013
Franchise rental expense 32,566 29,301
Advertising funds expense 94,238 79,988
General and administrative 52,622 51,639
Depreciation and amortization 31,542 31,046
System optimization gains, net (516) (323)
Reorganization and realignment costs 4,934 3,910
Impairment of long-lived assets 635 4,587
Other operating income, net (3,476) (1,932)
Costs and expenses 377,081 356,228
Operating profit 83,122 48,732
Interest expense, net (28,786) (28,525)
Other income, net 129 1,076
Income before income taxes 54,465 21,283
Provision for income taxes (13,099) (6,842)
Net income $ 41,366 $ 14,441
Earnings per share    
Earnings Per Share, Basic $ 0.19 $ 0.06
Earnings Per Share, Diluted $ 0.18 $ 0.06
Sales    
Revenues    
Revenue from Contract with Customer, Excluding Assessed Tax $ 189,057 $ 166,798
Franchise royalty revenue and fees    
Revenues    
Revenue from Contract with Customer, Excluding Assessed Tax 122,830 101,705
Advertising funds revenue    
Revenues    
Revenue from Contract with Customer, Excluding Assessed Tax $ 89,440 $ 78,601