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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Apr. 02, 2023
Apr. 03, 2022
Revenues:    
Franchise rental income $ 57,807 $ 57,871
Revenues 528,807 488,643
Costs and expenses:    
Cost of sales 196,536 185,053
Franchise support and other costs 13,260 11,816
Franchise rental expense 30,629 28,936
Advertising funds expense 101,661 97,800
General and administrative 62,276 62,346
Depreciation and amortization (exclusive of amortization of cloud computing arrangements shown separately below) 33,472 33,231
Amortization of cloud computing arrangements 1,582 0
System optimization gains, net (5) (3,534)
Reorganization and realignment costs 6,808 464
Impairment of long-lived assets 376 616
Other operating income, net (2,266) (2,966)
Costs and expenses 444,329 413,762
Operating profit 84,478 74,881
Interest expense, net (31,705) (26,365)
Loss on early extinguishment of debt (1,266) 0
Investment (loss) income, net (3,562) 2,111
Other income, net 7,336 207
Income before income taxes 55,281 50,834
Provision for income taxes (15,460) (13,432)
Net income $ 39,821 $ 37,402
Net income per share:    
Basic $ 0.19 $ 0.17
Diluted $ 0.19 $ 0.17
Sales    
Revenues:    
Revenue from Contract with Customer, Excluding Assessed Tax $ 227,949 $ 209,275
Franchise royalty revenue and fees    
Revenues:    
Revenue from Contract with Customer, Excluding Assessed Tax 141,677 128,976
Advertising funds revenue    
Revenues:    
Revenue from Contract with Customer, Excluding Assessed Tax $ 101,374 $ 92,521