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Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Sep. 25, 2022
Sep. 26, 2021
Sep. 25, 2022
Sep. 26, 2021
REVENUES        
Revenues $ 37,497 $ 32,878 $ 77,217 $ 64,197
COSTS AND EXPENSES        
Cost of sales 21,898 20,131 44,565 35,496
Restaurant operating expenses 1,253 1,216 2,285 2,327
Depreciation and amortization 301 270 534 548
General and administrative expenses 3,372 3,269 6,961 6,727
Advertising fund expense 759 553 1,178 958
Total costs and expenses 27,583 25,439 55,523 46,056
Income from operations 9,914 7,439 21,694 18,141
Interest expense (1,943) (2,651) (3,887) (5,301)
Interest income 80 28 102 64
Other income, net 34 5 56 21
Income before provision for income taxes 8,085 4,821 17,965 12,925
Provision for income taxes 2,127 1,276 4,870 3,617
Net income $ 5,958 $ 3,545 $ 13,095 $ 9,308
Weighted average shares used in computing income per share:        
Basic (in shares) 4,083 4,115 4,098 4,115
Diluted (in shares) 4,083 4,115 4,098 4,115
Income per share:        
Basic (in dollars per share) $ 1.46 $ 0.86 $ 3.20 $ 2.26
Diluted (in dollars per share) 1.46 0.86 3.20 2.26
Dividends declared per share (in dollars per share) $ 0.45 $ 0.35 $ 90 $ 70
Product [Member]        
REVENUES        
Revenues $ 27,301 $ 23,500 $ 54,195 $ 42,825
License [Member]        
REVENUES        
Revenues 8,413 7,658 19,727 18,340
Franchise Fees and Royalties [Member]        
REVENUES        
Revenues 1,199 1,167 2,292 2,074
Advertising Fund Revenue [Member]        
REVENUES        
Revenues $ 584 $ 553 $ 1,003 $ 958