XML 26 R4.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
May. 31, 2015
May. 31, 2014
May. 31, 2015
May. 31, 2014
Revenues:        
Company Drive-In sales $ 118,369 $ 111,014 $ 310,816 $ 286,361
Franchise Drive-Ins:        
Franchise royalties and fees 43,704 38,795 114,375 96,598
Lease revenue 1,569 1,081 3,613 2,682
Other 1,106 1,297 2,019 2,939
Total revenues 164,748 152,187 430,823 388,580
Costs and expenses:        
Food and packaging 32,727 32,175 87,128 81,454
Payroll and other employee benefits 40,898 37,737 110,049 101,108
Other operating expenses, exclusive of depreciation and amortization included below 22,955 21,805 65,484 62,049
Total cost of Company Drive-In sales 96,580 91,717 262,661 244,611
Selling, general and administrative 20,699 17,639 57,625 50,530
Depreciation and amortization 11,435 11,022 34,634 31,087
Other operating (income) expense, net (336) 128 4 (37)
Total costs and expenses 128,378 120,506 354,924 326,191
Income from operations 36,370 31,681 75,899 62,389
Interest expense 6,382 6,328 18,981 19,095
Interest income (91) (112) (290) (373)
Net interest expense 6,291 6,216 18,691 18,722
Income before income taxes 30,079 25,465 57,208 43,667
Provision for income taxes 9,637 8,689 19,019 14,576
Net income $ 20,442 $ 16,776 $ 38,189 $ 29,091
Basic income per share $ 0.39 $ 0.31 $ 0.72 $ 0.52
Diluted income per share $ 0.38 $ 0.30 $ 0.70 $ 0.51