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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Jan. 02, 2022
Jan. 03, 2021
Dec. 29, 2019
Revenues      
Franchise rental income $ 236,655 $ 232,648 $ 233,065
Revenues 1,896,998 1,733,825 1,709,002
Costs and Expenses      
Cost of sales 611,680 614,907 597,530
Franchise support and other costs 42,900 26,464 43,686
Franchise rental expense 132,411 125,613 123,929
Advertising funds expense 411,751 345,360 338,116
General and administrative 242,970 206,876 200,206
Depreciation and amortization 125,540 132,775 131,693
System optimization gains, net (33,545) (3,148) (1,283)
Reorganization and realignment costs 8,548 16,030 16,965
Impairment of long-lived assets 2,251 8,037 6,999
Other operating income, net (14,468) (8,397) (11,418)
Costs and expenses 1,530,038 1,464,517 1,446,423
Operating profit 366,960 269,308 262,579
Interest expense, net (109,185) (117,737) (115,971)
Loss on early extinguishment of debt (17,917) 0 (8,496)
Investment income (loss), net 39 (225) 25,598
Other income, net 681 1,449 7,771
Income before income taxes 240,578 152,795 171,481
Provision for income taxes (40,186) (34,963) (34,541)
Net income $ 200,392 $ 117,832 $ 136,940
Earnings Per Share      
Earnings Per Share, Basic $ 0.91 $ 0.53 $ 0.60
Earnings Per Share, Diluted $ 0.89 $ 0.52 $ 0.58
Sales      
Revenues      
Revenue from Contract with Customer, Excluding Assessed Tax $ 734,074 $ 722,764 $ 707,485
Franchise royalty revenue and fees      
Revenues      
Revenue from Contract with Customer, Excluding Assessed Tax 536,748 444,749 428,999
Advertising funds revenue      
Revenues      
Revenue from Contract with Customer, Excluding Assessed Tax $ 389,521 $ 333,664 $ 339,453