XML 23 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 24, 2017
Sep. 25, 2016
Sep. 24, 2017
Sep. 25, 2016
REVENUES        
Sales $ 24,527 $ 21,891 $ 46,872 $ 43,153
License royalties 5,764 4,788 13,165 11,612
Franchise fees and royalties 1,315 1,334 2,487 2,664
Total revenues 31,606 28,013 62,524 57,429
COSTS AND EXPENSES        
Cost of sales 18,041 15,489 35,566 30,947
Restaurant operating expenses 1,105 1,078 2,009 2,016
Depreciation and amortization 367 349 735 696
General and administrative expenses 3,359 3,066 7,030 6,915
Total costs and expenses 22,872 19,982 45,340 40,574
Income from operations 8,734 8,031 17,184 16,855
Interest expense (3,663) (3,663) (7,326) (7,339)
Interest income 35 36 70 36
Other income, net 21 21 42 43
Income before provision for income taxes 5,127 4,425 9,970 9,595
Provision for income taxes 2,007 1,918 3,928 3,538
Net income $ 3,120 $ 2,507 $ 6,042 $ 6,057
Income per share:        
Basic (in dollars per share) $ 0.75 $ 0.60 $ 1.45 $ 1.45
Diluted (in dollars per share) $ 0.74 $ 0.60 $ 1.43 $ 1.44
Weighted average shares used in computing income per share:        
Basic (in shares) 4,179,000 4,172,000 4,178,000 4,169,000
Diluted (in shares) 4,212,000 4,207,000 4,213,000 4,199,000