v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 28, 2026
Jun. 29, 2025
Jun. 28, 2026
Jun. 29, 2025
Revenues:        
Total revenues $ 482,397 $ 529,166 $ 961,006 $ 1,047,475
Costs and expenses:        
Cost of sales 339,025 371,716 679,917 738,212
General and administrative expenses 58,954 70,118 114,950 135,285
Depreciation and amortization 19,248 18,819 36,977 37,162
Advertising funds expense 41,983 44,023 85,217 88,361
Total costs and expenses 459,210 504,676 917,061 999,020
Operating income 23,187 24,490 43,945 48,455
Net interest expense (9,516) (10,584) (19,199) (20,663)
Income before income taxes 13,671 13,906 24,746 27,792
Income tax expense (4,971) (4,235) (9,108) (8,778)
Net income 8,700 9,671 15,638 19,014
Net (income) loss attributable to noncontrolling interests (167) (140) 150 (261)
Net income attributable to the Company 8,533 9,531 15,788 18,753
Net income attributable to common shareholders $ 8,104 $ 9,267 $ 15,063 $ 18,295
Basic earnings per common share (in dollars per share) $ 0.25 $ 0.28 $ 0.46 $ 0.56
Diluted earnings per common share (in dollars per share) $ 0.24 $ 0.28 $ 0.46 $ 0.56
Basic weighted average common shares outstanding (in shares) 33,024 32,849 32,980 32,808
Diluted weighted average common shares outstanding (in shares) 33,129 32,969 33,069 32,932
Company-owned restaurant sales        
Revenues:        
Total revenues $ 142,182 $ 178,989 $ 285,316 $ 352,870
Franchise royalties and fees        
Revenues:        
Total revenues 46,585 48,302 94,163 96,358
Commissary revenues        
Revenues:        
Total revenues 230,818 234,576 453,459 463,517
Other revenues        
Revenues:        
Total revenues 21,459 23,136 43,247 46,893
Advertising funds revenue        
Revenues:        
Total revenues $ 41,353 $ 44,163 $ 84,821 $ 87,837

Source