Significant Accounting Policies (Tables)

6 Months Ended

Jun. 26, 2011

Papa John’s had two joint venture arrangements as of June 26, 2011 and June 27, 2010, which were as follows:

	Restaurants		Restaurants						Noncontrolling
	as of		as of		Restaurant	Papa John's			Interest
	June 26, 2011		June 27, 2010		Locations	Ownership *			Ownership *

Star Papa, LP		75		75	Texas		51	%		49	%
Colonel's Limited, LLC		52		52	Maryland and Virginia		70	%		30	%


*The ownership percentages were the same for both the 2011 and 2010 periods presented in the accompanying consolidated financial statements.

The pre-tax income attributable to the joint ventures for the three and six months ended June 26, 2011 and June 27, 2010 was as follows:

	Three Months Ended				Six Months Ended
	June 26,		June 27,		June 26,		June 27,
(In thousands)	2011		2010		2011		2010

Papa John's International, Inc.	$	1,518	$	1,447	$	3,316	$	3,094
Noncontrolling interests		929		911		2,051		2,000
Total pre-tax income	$	2,447	$	2,358	$	5,367	$	5,094