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Statements of Operations (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Royalties and fees $ 1,731,802 $ 1,678,775 $ 3,406,589 $ 3,314,431
Administrative fees and other 11,018 14,458 19,395 20,708
Restaurant revenue 137,670 139,081 256,522 252,307
Total revenue 1,880,490 1,832,314 3,682,506 3,587,446
Operating expenses:        
Salaries and wages 247,497 245,129 485,140 485,516
Trade show expense 93,247 75,703 183,247 150,841
Travel expense 52,589 36,764 99,474 73,003
Other operating expenses 176,290 176,043 355,230 366,558
Restaurant expenses 129,903 135,495 248,467 247,244
Depreciation and amortization 36,311 13,645 49,860 28,219
General and administrative 403,430 414,973 811,818 809,776
Total expenses 1,139,267 1,097,751 2,233,236 2,161,157
Operating income 741,223 734,563 1,449,270 1,426,289
Interest and other expense 97,207 114,141 195,859 223,541
Income before income taxes 644,016 620,422 1,253,411 1,202,748
Income tax expense 255,097 245,749 496,478 476,409
Net income 388,919 374,673 756,933 726,339
Cumulative preferred dividends 24,411 24,411 49,364 41,046
Net income available to common stockholders $ 364,508 $ 350,262 $ 707,569 $ 685,293
Earnings per share - basic:        
Net income per share basic $ 0.02 $ 0.02 $ 0.04 $ 0.04
Net income available to common stockholders $ 0.02 $ 0.02 $ 0.04 $ 0.04
Weighted average number of common shares outstanding 19,469,317 19,412,499 19,446,113 19,412,499
Diluted earnings per share:        
Net income per share diluted $ 0.02 $ 0.02 $ 0.04 $ 0.04
Net income available to common stockholders $ 0.02 $ 0.02 $ 0.04 $ 0.03
Weighted average number of common shares outstanding 20,183,876 20,065,298 20,160,672 20,065,298