v3.25.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 30, 2025
Mar. 31, 2024
Revenues:    
Total revenues $ 518,309 $ 513,916
Costs and expenses:    
Cost of sales 366,496 367,666
General and administrative expenses 65,167 57,877
Depreciation and amortization 18,343 17,674
Advertising funds expense 44,338 36,981
Total costs and expenses 494,344 480,198
Operating income 23,965 33,718
Net interest expense (10,079) (11,063)
Income before income taxes 13,886 22,655
Income tax expense [1] (4,543) (7,741)
Net income 9,343 14,914
Net income attributable to noncontrolling interests (121) (278)
Net income attributable to the Company 9,222 14,636
Net income attributable to common shareholders $ 9,028 $ 14,636
Basic earnings per common share (in dollars per share) $ 0.28 $ 0.45
Diluted earnings per common share (in dollars per share) $ 0.27 $ 0.44
Basic weighted average common shares outstanding (in shares) 32,778 32,644
Diluted weighted average common shares outstanding (in shares) 32,920 32,909
Company-owned restaurant sales    
Revenues:    
Total revenues $ 173,881 $ 191,251
Franchise royalties and fees    
Revenues:    
Total revenues 48,056 47,153
Commissary revenues    
Revenues:    
Total revenues 228,941 217,512
Other revenues    
Revenues:    
Total revenues 23,757 20,935
Advertising funds revenue    
Revenues:    
Total revenues $ 43,674 $ 37,065
[1] Note that we have changed the signage of income tax expense from historic presentation for consistency purposes.

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