XML 53 R4.htm IDEA: XBRL DOCUMENT v3.2.0.727
Consolidated Statements of Earnings (Unaudited) - USD ($)
3 Months Ended
Jun. 28, 2015
Jun. 29, 2014
REVENUES    
Sales $ 22,891,000 $ 20,528,000
License royalties 6,536,000 5,568,000
Franchise fees and royalties 1,227,000 1,489,000
Total revenues 30,654,000 27,585,000
COSTS AND EXPENSES    
Cost of sales 18,106,000 16,288,000
Restaurant operating expenses 969,000 1,064,000
Depreciation and amortization 339,000 346,000
General and administrative expenses 3,624,000 3,108,000
Total costs and expenses 23,038,000 20,806,000
Income from operations 7,616,000 $ 6,779,000
Interest expense (3,709,000)  
Interest income 5,000 $ 62,000
Other income, net 26,000 21,000
Income before provision for income taxes 3,938,000 6,862,000
Provision for income taxes 1,628,000 2,791,000
Net income $ 2,310,000 $ 4,071,000
Income per share:    
Basic (in dollars per share) $ 0.50 $ 0.91
Diluted (in dollars per share) $ 0.50 $ 0.89
Weighted average shares used in computing income per share:    
Basic (in shares) 4,584,000 4,471,000
Diluted (in shares) 4,621,000 4,593,000