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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Rental revenues $ 29,066 $ 27,382 $ 57,873 $ 53,524
Total revenues 237,794 233,619 468,217 437,818
Cost of revenues:        
Franchise expenses 82,269 79,257 160,301 144,200
Bad debt credit (147) (291) (446) (2,284)
Company restaurant expenses 37,881 34,759 75,289 67,643
Interest expense from finance leases 746 893 1,514 1,855
Other rental expenses 21,097 19,718 42,452 39,714
Total rental expenses 21,843 20,611 43,966 41,569
Financing expenses 106 115 213 243
Total cost of revenues 142,099 134,742 279,769 253,655
Gross profit 95,695 98,877 188,448 184,163
General and administrative expenses 44,063 39,276 85,611 79,187
Interest expense, net 15,359 15,739 30,892 32,235
Closure and impairment charges     1,457 4,581
Amortization of intangible assets 2,665 2,663 5,330 5,351
(Gain) loss on disposition of assets (234) (30) (1,530) 137
Income before income taxes 32,531 38,658 66,688 62,672
Income tax provision (8,569) (9,296) (17,876) (7,707)
Net income 23,962 29,362 48,812 54,965
Other comprehensive income, net of tax:        
Foreign currency translation adjustment (3) (1) (4) (2)
Total comprehensive income 23,959 29,361 48,808 54,963
Net income available to common stockholders:        
Net income 23,962 29,362 48,812 54,965
Less: Net income allocated to unvested participating restricted stock (673) (657) (1,273) (1,431)
Net income available to common stockholders $ 23,289 $ 28,705 $ 47,539 $ 53,534
Net income available to common stockholders per share:        
Basic (USD per share) $ 1.45 $ 1.70 $ 2.90 $ 3.21
Diluted (USD per share) $ 1.45 $ 1.69 $ 2.90 $ 3.19
Weighted average shares outstanding:        
Basic (in shares) 16,050 16,886 16,386 16,673
Diluted (in shares) 16,080 16,977 16,418 16,802
Franchise Revenue:        
Revenues:        
Revenue from contract with customer $ 168,259 $ 166,954 $ 329,491 $ 307,930
Royalties, franchise fees and other        
Revenues:        
Revenue from contract with customer 94,148 94,630 184,497 174,721
Advertising revenues        
Revenues:        
Revenue from contract with customer 74,111 72,324 144,994 133,209
Company restaurant sales        
Revenues:        
Revenue from contract with customer   38,194 78,927 74,143
Financing revenues        
Revenues:        
Revenue from contract with customer 958 1,089 1,926 2,221
Advertising fees        
Revenues:        
Revenue from contract with customer 74,111 72,324 144,994 133,209
Cost of revenues:        
Franchise expenses 74,111 72,324 144,994 133,209
Other franchise expenses        
Cost of revenues:        
Franchise expenses $ 8,305 $ 7,224 $ 15,753 $ 13,275