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Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 24, 2023
Dec. 25, 2022
Dec. 24, 2023
Dec. 25, 2022
REVENUES        
Revenues $ 28,890 $ 26,154 $ 109,619 $ 103,371
COSTS AND EXPENSES        
Cost of sales 17,872 14,925 66,743 59,490
Restaurant operating expenses 896 932 3,279 3,217
Depreciation and amortization 268 303 896 837
General and administrative expenses 4,209 3,161 11,496 10,122
Advertising fund expense 508 501 1,501 1,679
Total costs and expenses 23,753 19,822 83,915 75,345
Income from operations 5,137 6,332 25,704 28,026
Interest expense (1,392) (1,944) (4,219) (5,831)
Loss on debt extinguishment (Note Q) (169) 0 (169) 0
Interest income 138 158 350 260
Other income, net 21 (60) 65 (4)
Income before provision for income taxes 3,735 4,486 21,731 22,451
Provision for income taxes 1,128 1,223 6,025 6,093
Net income $ 2,607 $ 3,263 $ 15,706 $ 16,358
Weighted average shares used in computing income per share:        
Basic (in shares) 4,080 4,080 4,080 4,092
Diluted (in shares) 4,080 4,116 4,087 4,104
Income per share:        
Basic (in dollars per share) $ 0.64 $ 0.8 $ 3.85 $ 4
Diluted (in dollars per share) 0.64 0.79 3.84 3.99
Dividends declared per share (in dollars per share) $ 0.5 $ 0.45 $ 1.5 $ 1.35
Product [Member]        
REVENUES        
Revenues $ 21,349 $ 18,340 $ 78,722 $ 72,535
License [Member]        
REVENUES        
Revenues 6,078 6,337 26,075 26,064
Franchise Fees and Royalties [Member]        
REVENUES        
Revenues 955 976 3,321 3,268
Advertising Fund Revenue [Member]        
REVENUES        
Revenues $ 508 $ 501 $ 1,501 $ 1,504