Nathan's Famous, Inc
(NASDAQ:NATH)

Nathan's Famous, Inc., together with its subsidiaries, operates in the foodservice industry. The company owns and franchises restaurants under the Nathan's Famous brand name, as well as sells products bearing the Nathan's Famous trademarks through various channels of distribution. It also has licens...

Website: http://www.nathansfamous.com

Founded: 1916

Full Time Employees: 120

Sector: Consumer Cyclical

Industry: Restaurants

Consumer Cyclical

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At a glance:

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Quarterly

Annual

Unit: USD	2026-03-29	2025-12-28	2025-09-28	2025-06-29	2025-03-30	2024-12-29	2024-09-29	2024-06-30	2024-03-31	2023-12-24	2023-09-24	2023-06-25	2023-03-26	2022-12-25	2022-09-25	2022-06-26	2022-03-27	2021-12-26	2021-09-26	2021-06-27	2021-03-28	2020-12-27	2020-09-27	2020-06-28	2020-03-29	2019-12-29	2019-09-29	2019-06-30	2019-03-31	2018-12-23	2018-09-23	2018-06-24	2018-03-25	2017-12-24	2017-09-24	2017-06-25	2017-03-26	2016-12-25	2016-09-25	2016-06-26	2016-03-27	2015-12-27	2015-09-27	2015-06-28	2015-03-29	2014-12-28	2014-09-28	2014-06-29	2014-03-30	2013-12-29	2013-06-30	2013-03-31	2012-12-23	2012-09-23	2012-06-24	2012-03-25	2011-12-25	2011-09-25	2011-06-26	2011-03-27	2010-12-26	2010-09-26	2010-06-27	2010-03-28	2009-12-27	2009-09-27	2009-06-28	2009-03-29	2008-12-28	2008-09-28	2008-06-29	2008-03-30	2007-12-23	2007-09-23	2007-06-24	2007-03-25	2006-12-24	2006-09-24	2006-06-25	2006-03-26	2005-12-25

revenues
branded products	23,897,000	23,749,000	29,047,000	29,075,000	20,047,000	21,099,000	24,536,000	26,146,000
company-owned restaurants	1,252,000	1,646,000	5,624,000	3,986,000	1,363,000	1,804,000	5,348,000	4,199,000
license royalties	8,424,000	7,385,000	9,227,000	12,381,000	7,901,000	7,105,000	9,491,000	12,921,000	7,506,000	6,078,000	8,339,000	11,658,000	7,391,000	6,337,000	8,413,000	11,314,000	7,606,000	5,878,000	7,658,000	10,682,000	6,679,000	5,898,000	8,268,000	10,523,000	7,300,000	4,412,000	5,425,000	8,722,000	5,455,000	4,316,000	5,746,000	8,098,000	5,627,000	4,228,000	5,764,000	7,401,000	4,766,000	3,990,000	4,788,000	6,824,000	4,409,000	3,614,000	5,256,000	6,536,000	4,359,000	3,546,000	4,538,000	5,568,000	2,271,000	1,826,000	2,265,000	2,527,000	1,753,000	2,122,000	2,229,000		1,634,000	1,706,000	1,967,000		1,387,000	3,478,000	1,799,000		1,297,000	1,568,000	1,807,000		1,182,000	1,628,000	1,615,000		924,000	1,033,000	1,427,000		844,000	907,000	1,176,000		673,000
franchise fees and royalties	945,000	1,020,000	1,223,000	1,129,000	910,000	991,000	1,174,000	1,073,000	1,035,000	955,000	1,291,000	1,075,000	1,024,000	976,000	1,199,000	1,093,000	866,000	919,000	1,167,000	907,000	514,000	420,000	476,000	191,000	962,000	1,035,000	1,498,000	1,077,000	917,000	911,000	1,239,000	1,104,000	898,000	1,088,000	1,315,000	1,172,000	1,316,000	1,088,000	1,334,000	1,330,000	1,240,000	1,187,000	1,390,000	1,227,000	1,108,000	1,471,000	1,513,000	1,489,000	1,470,000	1,385,000	1,347,000	1,535,000	1,309,000	1,508,000	1,430,000		1,410,000	1,420,000	1,435,000		1,241,000	2,683,000	1,255,000		1,313,000	1,312,000	1,154,000		1,188,000	1,191,000	1,152,000		1,267,000	1,421,000	1,270,000		1,781,000	1,756,000	1,677,000		1,638,000
advertising fund revenue	548,000	512,000	566,000	427,000	566,000	520,000	560,000	428,000	580,000	508,000	569,000	424,000	489,000	501,000	584,000	419,000	535,000	479,000	553,000	405,000	462,000	390,000	403,000	289,000	583,000	573,000	697,000	482,000	644,000	591,000	772,000	495,000
total revenues	35,066,000	34,312,000	45,687,000	46,998,000	30,787,000	31,519,000	41,109,000	44,767,000	28,991,000	28,890,000	38,744,000	41,985,000	27,414,000	26,154,000	37,497,000	39,720,000	24,772,000	25,913,000	32,878,000	31,319,000	18,284,000	18,030,000	21,839,000	17,686,000	21,705,000	21,376,000	29,726,000	30,518,000	22,129,000	20,222,000	29,330,000	30,168,000	19,594,000	22,083,000	31,606,000	30,918,000	19,286,000	19,937,000	28,013,000	29,416,000	19,053,000	20,564,000	30,619,000	30,654,000	20,138,000	22,353,000	28,953,000	27,668,000	17,331,000	18,533,000	23,401,000	14,976,000	15,025,000	21,360,000	20,182,000		14,800,000	19,118,000	17,897,000		13,079,000	31,908,000	15,626,000		11,224,000	14,896,000	14,232,000		10,620,000	14,525,000	14,042,000		10,280,000	14,062,000	12,779,000		10,554,000	13,124,000	12,244,000		9,505,000
yoy	13.90%	8.86%	11.14%	4.98%	6.20%	9.10%	6.10%	6.63%	5.75%	10.46%	3.33%	5.70%	10.67%	0.93%	14.05%	26.82%	35.48%	43.72%	50.55%	77.08%	-15.76%	-15.65%	-26.53%	-42.05%	-1.92%	5.71%	1.35%	1.16%	12.94%	-8.43%	-7.20%	-2.43%	1.60%	10.76%	12.83%	5.11%	1.22%	-3.05%	-8.51%	-4.04%	-5.39%	-8.00%	5.75%	10.79%	16.20%	20.61%	23.73%	84.75%	15.35%	-13.24%	15.95%		1.52%	11.73%	12.77%		13.16%	-40.08%	14.53%		16.53%	114.21%	9.79%		5.69%	2.55%	1.35%		3.31%	3.29%	9.88%		-2.60%	7.15%	4.37%		11.04%
qoq	2.20%	-24.90%	-2.79%	52.66%	-2.32%	-23.33%	-8.17%	54.42%	0.35%	-25.43%	-7.72%	53.15%	4.82%	-30.25%	-5.60%	60.34%	-4.40%	-21.18%	4.98%	71.29%	1.41%	-17.44%	23.48%	-18.52%	1.54%	-28.09%	-2.60%	37.91%	9.43%	-31.05%	-2.78%	53.97%	-11.27%	-30.13%	2.23%	60.31%	-3.27%	-28.83%	-4.77%	54.39%	-7.35%	-32.84%	-0.11%	52.22%	-9.91%	-22.80%	4.64%	59.64%	-6.49%	-20.80%	56.26%	-0.33%	-29.66%	5.84%			-22.59%	6.82%			-59.01%	104.20%			-24.65%	4.67%			-26.88%	3.44%			-26.90%	10.04%			-19.58%	7.19%
costs and expenses
cost of sales	22,580,000	23,138,000	32,378,000	28,423,000	18,866,000	19,571,000	26,029,000	25,241,000	16,439,000	17,872,000	24,187,000	24,684,000	15,682,000	14,925,000	21,898,000	22,667,000	13,628,000	16,040,000	20,131,000	15,365,000	8,375,000	8,937,000	9,927,000	5,297,000	10,515,000	12,262,000	16,289,000	15,422,000	11,513,000	10,660,000	15,160,000	15,446,000	10,587,000	12,599,000	18,041,000	17,525,000	10,298,000	10,785,000	15,489,000	15,458,000	10,150,000	12,082,000	17,660,000	18,106,000	12,854,000	14,704,000	18,105,000	16,288,000	11,514,000	12,779,000	13,405,000	9,158,000	9,818,000	12,913,000	12,985,000		9,497,000	11,909,000	11,636,000		7,961,000	18,903,000	9,488,000		6,235,000	8,093,000	8,109,000		6,297,000	8,601,000	8,332,000		5,883,000	7,983,000	7,428,000		5,689,000	6,904,000	6,619,000		5,132,000
restaurant operating expenses	899,000	907,000	1,432,000	1,179,000	870,000	991,000	1,389,000	1,129,000	898,000	896,000	1,340,000	1,043,000	767,000	932,000	1,253,000	1,032,000	785,000	547,000	1,216,000	1,111,000	646,000	759,000	1,011,000	852,000	685,000	764,000	1,108,000	919,000	708,000	766,000	1,141,000	910,000	737,000	760,000	1,105,000	904,000	675,000	695,000	1,078,000	938,000	667,000	699,000	1,222,000	969,000	609,000	788,000	1,286,000	1,064,000	710,000	741,000	710,000	310,000	462,000	1,053,000	875,000		701,000	920,000	819,000		625,000	1,792,000	825,000		805,000	973,000	823,000		710,000	964,000	912,000		715,000	913,000	838,000		715,000	859,000	844,000		780,000
depreciation and amortization	229,000	232,000	236,000	228,000	226,000	235,000	247,000	249,000	239,000	268,000	315,000	313,000	298,000	303,000	301,000	233,000	247,000	259,000	270,000	278,000	283,000	288,000	302,000	310,000	292,000	294,000	337,000	310,000	250,000	278,000	339,000	345,000	297,000	320,000	367,000	368,000	292,000	309,000	349,000	347,000	280,000	303,000	333,000	339,000	268,000	298,000	341,000	346,000	312,000	306,000	245,000	184,000	215,000	267,000	274,000		246,000	245,000	227,000		231,000	457,000	232,000		214,000	201,000	199,000		210,000	200,000	198,000		190,000	192,000	182,000		194,000	198,000	197,000		194,000
general and administrative expenses	6,105,000	4,396,000	3,452,000	3,950,000	3,853,000	3,450,000	3,252,000	3,975,000	4,116,000	4,209,000	3,229,000	4,058,000	3,939,000	3,161,000	3,372,000	3,589,000	3,443,000	2,975,000	3,269,000	3,458,000	3,332,000	3,253,000	2,612,000	2,844,000	3,663,000	3,620,000	3,559,000	3,937,000	3,497,000	3,031,000	3,438,000	3,885,000	3,427,000	3,034,000	3,359,000	3,671,000	3,350,000	3,394,000	3,066,000	3,849,000	3,470,000	3,045,000	2,978,000	3,624,000	3,642,000	2,760,000	2,693,000	3,108,000	2,941,000	2,898,000	3,002,000	2,828,000	2,688,000	2,296,000	2,625,000		2,285,000	2,198,000	2,512,000		2,440,000	5,196,000	2,564,000		2,408,000	2,239,000	2,628,000		2,135,000	2,249,000	2,445,000		2,172,000	2,145,000	2,078,000		2,294,000	2,476,000	2,214,000		2,094,000
advertising fund expense	571,000	512,000	687,000	427,000	604,000	520,000	560,000	428,000	497,000	508,000	569,000	424,000	309,000	501,000	759,000	419,000	560,000	479,000	553,000	405,000	214,000	390,000	403,000	289,000	55,000	573,000	1,067,000	482,000	648,000	591,000	772,000	495,000
total costs and expenses	30,384,000	29,185,000	38,185,000	34,207,000	24,419,000	24,767,000	31,477,000	31,022,000	22,189,000	23,753,000	29,640,000	30,522,000	20,995,000	19,822,000	27,583,000	27,940,000	18,663,000	20,300,000	25,439,000	20,617,000	12,850,000	13,627,000	14,255,000	9,592,000	15,210,000	17,513,000	22,360,000	21,070,000	16,616,000	15,326,000	20,850,000	21,081,000	15,048,000	16,713,000	22,872,000	22,468,000	14,615,000	15,183,000	19,982,000	20,592,000	14,567,000	16,129,000	22,193,000	23,038,000	17,373,000	18,550,000	22,425,000	20,806,000	15,477,000	16,724,000	17,874,000	12,600,000	13,295,000	16,638,000	16,871,000		12,841,000	15,383,000	15,306,000		13,253,000	29,262,000	13,109,000		9,662,000	11,506,000	11,759,000		9,352,000	11,573,000	11,887,000		8,968,000	11,242,000	10,534,000		8,958,000	10,503,000	9,975,000		8,276,000
income from operations	4,682,000	5,127,000	7,502,000	12,791,000	6,368,000	6,752,000	9,632,000	13,745,000	6,802,000	5,137,000	9,104,000	11,463,000	6,419,000	6,332,000	9,914,000	11,780,000	6,109,000	5,613,000	7,439,000	10,702,000	5,434,000	4,403,000	7,584,000	8,094,000	6,495,000	3,863,000	7,366,000	9,448,000	5,513,000	4,896,000	8,480,000	9,087,000	4,546,000	5,370,000	8,734,000	8,450,000	4,671,000	4,754,000	8,031,000	8,824,000	4,486,000	4,435,000	8,426,000	7,616,000
yoy	-26.48%	-24.07%	-22.11%	-6.94%	-6.38%	31.44%	5.80%	19.91%	5.97%	-18.87%	-8.17%	-2.69%	5.07%	12.81%	33.27%	10.07%	12.42%	27.48%	-1.91%	32.22%	-16.34%	13.98%	2.96%	-14.33%	17.81%	-21.10%	-13.14%	3.97%	21.27%	-8.83%	-2.91%	7.54%	-2.68%	12.96%	8.75%	-4.24%	4.12%	7.19%	-4.69%	15.86%
qoq	-8.68%	-31.66%	-41.35%	100.86%	-5.69%	-29.90%	-29.92%	102.07%	32.41%	-43.57%	-20.58%	78.58%	1.37%	-36.13%	-15.84%	92.83%	8.84%	-24.55%	-30.49%	96.95%	23.42%	-41.94%	-6.30%	24.62%	68.13%	-47.56%	-22.04%	71.38%	12.60%	-42.26%	-6.68%	99.89%	-15.34%	-38.52%	3.36%	80.90%	-1.75%	-40.80%	-8.99%	96.70%	1.15%	-47.37%	10.64%
operating margin %	13.35%	14.94%	16.42%	27.22%	20.68%	21.42%	23.43%	30.70%	23.46%	17.78%	23.50%	27.30%	23.42%	24.21%	26.44%	29.66%	24.66%	21.66%	22.63%	34.17%	29.72%	24.42%	34.73%	45.77%	29.92%	18.07%	24.78%	30.96%	24.91%	24.21%	28.91%	30.12%	23.20%	24.32%	27.63%	27.33%	24.22%	23.85%	28.67%	30.00%	23.54%	21.57%	27.52%	24.85%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	NaN%	0%	0%	0%	NaN%	0%	0%	0%	NaN%	0%	0%	0%	NaN%	0%	0%	0%	NaN%	0%	0%	0%	NaN%	0%	0%	0%	NaN%	0%
interest expense	-653,000	-707,000	-739,000	-758,000	-763,000	-842,000	-1,441,000	-1,060,000	-1,136,000	-1,392,000	-1,413,000	-1,414,000	-1,911,000	-1,944,000	-1,943,000	-1,944,000	-2,184,000	-2,650,000	-2,651,000	-2,650,000	-2,650,000	-2,650,000	-2,651,000	-2,650,000	-2,650,000	-2,650,000	-2,651,000	-2,650,000	-2,841,000	-2,650,000	-2,651,000	-2,650,000	-2,615,000	-3,650,000	-3,663,000	-3,663,000	-3,663,000	-3,663,000	-3,663,000	-3,676,000	-3,504,000	-3,708,000	-3,709,000	-3,709,000							112,000	120,000	112,000	109,000	112,000		112,000	111,000	112,000																				1,000		10,000
loss on debt extinguishment						-55,000	-334,000			-169,000																								-8,872,000
interest and dividend income	135,000	206,000	236,000	203,000	192,000	183,000	219,000	78,000
other income		122,000	22,000	21,000	22,000	21,000	23,000	21,000	21,000	21,000	23,000	21,000	22,000	-60,000	34,000	22,000	28,000	3,000	5,000	16,000	16,000	9,000	22,000		15,250	22,000	20,000	21,000	47,250	5,000	519,000	21,000	16,000	22,000	21,000	21,000	16,000	21,000	21,000	22,000	18,000	21,000	25,000	26,000	16,250	17,000	27,000	21,000	14,000	18,000	17,000	12,750	11,000	22,000	18,000		124,000	1,000	1,000		19,000	16,000	14,000		15,000	18,000	16,000		13,000	13,000	12,000		27,000	62,000	26,000		54,000	82,000
income before provision for income taxes	4,164,000	4,748,000	7,021,000	12,257,000	5,819,000	6,059,000	8,099,000	12,784,000	5,720,000	3,735,000	7,864,000	10,132,000	4,353,000	4,486,000	8,085,000	9,880,000	2,621,000	2,990,000	4,821,000	8,104,000	2,855,000	1,851,000	5,058,000	5,561,000	4,153,000	1,573,000	5,103,000	7,185,000	3,079,000	13,349,000	6,463,000	6,519,000			5,127,000	4,843,000	1,062,000	1,147,000	4,425,000	5,170,000	909,000	748,000	4,789,000	3,938,000													1,959,000	3,735,000				2,646,000	2,517,000		1,562,000	3,390,000
provision for income taxes	1,355,000	1,664,000	1,822,000	3,329,000	1,584,000	1,575,000	2,069,000	3,507,000	1,810,000	1,128,000	2,153,000	2,744,000	1,088,000	1,223,000	2,127,000	2,743,000	463,000	860,000	1,276,000	2,341,000	794,000	492,000	1,403,000	1,561,000	958,000	360,000	1,445,000	1,816,000	587,000	3,627,000	1,979,000	1,724,000			2,007,000	1,921,000	333,000	448,000	1,918,000	1,620,000	402,000	316,000	1,942,000	1,628,000	675,000	1,562,000	2,674,000	2,791,000	1,149,500	702,000	2,173,000	962,500	668,000	1,877,000	1,305,000		748,000	1,466,000	995,000			835,000	857,000		510,000	1,227,000	910,000		411,000	1,093,000	800,000		435,000	1,046,000	821,000		557,000	1,039,000	873,000		459,000
net income	2,809,000	3,084,000	5,199,000	8,928,000	4,235,000	4,484,000	6,030,000	9,277,000	3,910,000	2,607,000	5,711,000	7,388,000	3,265,000	3,263,000	5,958,000	7,137,000	2,158,000	2,130,000	3,545,000	5,763,000	2,061,000	1,359,000	3,655,000	4,000,000	3,195,000	1,213,000	3,658,000	5,369,000	2,492,000	9,722,000	4,484,000	4,795,000	367,000	-3,779,000	3,120,000	2,922,000	729,000	699,000	2,507,000	3,550,000	507,000	432,000	2,847,000	2,310,000	1,537,000	2,241,000	3,854,000	4,071,000	1,218,000	1,107,000	3,354,000	1,555,000	1,062,000	2,845,000	2,006,000		1,211,000	2,269,000	1,596,000		-153,000	1,811,000	1,660,000		1,052,000	2,163,000	1,563,000		857,000	1,859,000	3,822,000		877,000	1,774,000	3,152,000		1,061,000	1,844,000	1,396,000		770,000
yoy	-33.67%	-31.22%	-13.78%	-3.76%	8.31%	72.00%	5.59%	25.57%	19.75%	-20.10%	-4.15%	3.52%	51.30%	53.19%	68.07%	23.84%	4.71%	56.73%	-3.01%	44.07%	-35.49%	12.04%	-0.08%	-25.50%	28.21%	-87.52%	-18.42%	11.97%	579.02%	-357.26%	43.72%	64.10%	-49.66%	-640.63%	24.45%	-17.69%	43.79%	61.81%	-11.94%	53.68%	-67.01%	-80.72%	-26.13%	-43.26%	26.19%	102.44%	14.91%	161.80%	14.69%	-61.09%	67.20%		-12.30%	25.39%	25.69%		-891.50%	25.29%	-3.86%		-114.54%	-16.27%	6.21%		22.75%	16.35%	-59.11%		-2.28%	4.79%	21.26%		-17.34%	-3.80%	125.79%		37.79%
qoq	-8.92%	-40.68%	-41.77%	110.81%	-5.55%	-25.64%	-35.00%	137.26%	49.98%	-54.35%	-22.70%	126.28%	0.06%	-45.23%	-16.52%	230.72%	1.31%	-39.92%	-38.49%	179.62%	51.66%	-62.82%	-8.63%	25.20%	163.40%	-66.84%	-31.87%	115.45%	-74.37%	116.82%	-6.49%	1206.54%	-109.71%	-221.12%	6.78%	300.82%	4.29%	-72.12%	-29.38%	600.20%	17.36%	-84.83%	23.25%	50.29%	-31.41%	-41.85%	-5.33%	234.24%	10.03%	-66.99%	115.69%	46.42%	-62.67%	41.82%			-46.63%	42.17%			-108.45%	9.10%			-51.36%	38.39%			-53.90%	-51.36%			-50.56%	-43.72%			-42.46%	32.09%
net income margin %	8.01%	8.99%	11.38%	19.00%	13.76%	14.23%	14.67%	20.72%	13.49%	9.02%	14.74%	17.60%	11.91%	12.48%	15.89%	17.97%	8.71%	8.22%	10.78%	18.40%	11.27%	7.54%	16.74%	22.62%	14.72%	5.67%	12.31%	17.59%	11.26%	48.08%	15.29%	15.89%	1.87%	-17.11%	9.87%	9.45%	3.78%	3.51%	8.95%	12.07%	2.66%	2.10%	9.30%	7.54%	7.63%	10.03%	13.31%	14.71%	7.03%	5.97%	14.33%	10.38%	7.07%	13.32%	9.94%	NaN%	8.18%	11.87%	8.92%	NaN%	-1.17%	5.68%	10.62%	NaN%	9.37%	14.52%	10.98%	NaN%	8.07%	12.80%	27.22%	NaN%	8.53%	12.62%	24.67%	NaN%	10.05%	14.05%	11.40%	NaN%	8.10%
per share information
weighted-average shares used for eps calculation
basic	4,091,000	4,090	4,089	4,089	4,086,000	4,086	4,085	4,085	4,081,000	4,080	4,080	4,080	4,089,000	4,080	4,083	4,113	4,115,000	4,115	4,115	4,115	4,116,000	4,115	4,115	4,120	4,216	4,225,000	4,227,000	4,206	4,187	4,187,000	4,188,000	4,185	4,181	4,185,000	4,179,000	4,177,000	4,172	4,175,000	4,172,000	4,166,000	4,430	4,408,000	4,432,000	4,584,000	4,486	4,482,000		4,471,000	4,450	4,466,000	4,415,000	4,400	4,414,000	4,407,000	4,368,000	4,906	4,964,000	5,025,000	5,078,000	5,403	5,352,000	5,584,000	5,594,000		5,603,000	5,420,000	5,612,000		5,756,000						6,018,000		5,892,000		5,733,000
diluted	4,124,000	4,119	4,130	4,124	4,095,000	4,093	4,095	4,089	4,087,000	4,080	4,092	4,088	4,090,000	4,116	4,083	4,113	4,115,000	4,115	4,115	4,115	4,116,000	4,115	4,115	4,120	4,216	4,225,000	4,227,000	4,206	4,220	4,221,000	4,231,000	4,226	4,221	4,185,000	4,212,000	4,215,000	4,206	4,209,000	4,207,000	4,191,000	4,463	4,444,000	4,449,000	4,621,000	4,588	4,603,000		4,593,000	4,605	4,622,000	4,588,000	4,588	4,612,000	4,604,000	4,531,000	5,049	5,113,000	5,163,000	5,201,000	5,504	5,352,000	5,685,000	5,694,000		5,680,000	5,594,000	5,879,000		6,022,000						6,499,000		6,401,000		6,316,000
net income per share
basic	0.68	0.75	1.27	2.18	1.04	1.1	1.48	2.27
diluted	0.68	0.75	1.26	2.16	1.03	1.1	1.47	2.27
sales									19,680,500	21,349,000	28,545,000	28,828,000	18,510,000	18,340,000	27,301,000	26,894,000	15,765,000	18,637,000	23,500,000	19,325,000	10,629,000	11,322,000	12,692,000	6,683,000	12,860,000	15,356,000	22,106,000	20,237,000	15,113,000	14,404,000	21,573,000	20,471,000	13,069,000	16,767,000	24,527,000	22,345,000	13,204,000	14,859,000	21,891,000	21,262,000	13,404,000	15,763,000	23,973,000	22,891,000	14,873,000	17,298,000	22,821,000	20,528,000	13,518,000	15,236,000	16,880,000	10,781,000	11,862,000	17,608,000	16,405,000		11,508,000	15,857,000	14,316,000		10,237,000	25,306,000	12,350,000		8,375,000	11,758,000	11,015,000		7,949,000	11,418,000	11,016,000		7,775,000	11,257,000	9,821,000		7,695,000	10,229,000	9,162,000		6,886,000
interest income									33,000	138,000	150,000	62,000	180,000	158,000	80,000	22,000	22,000	24,000	28,000	36,000	55,000	89,000	103,000	117,000	268,500	338,000	370,000	366,000	113,250	277,000	115,000	61,000	28,500	44,000	35,000	35,000	17,750	35,000	36,000		13,000		47,000	5,000	34,250	21,000	54,000	62,000	61,500	68,000	91,000	72,500	90,000	100,000	100,000		124,000	134,000	178,000		195,000	425,000	208,000		224,000	240,000	240,000		288,000	275,000	247,000		287,000	289,000	235,000		180,000	150,000	132,000		131,000
income per share:
basic									0.963	0.64	1.4	1.81	0.8	0.8	1.46	1.74	0.52	0.52	0.86	1.4	0.5	0.33	0.89	0.97	0.76	0.29	0.87	1.28	0.59	2.32	1.07	1.15	0.09	-0.9	0.75	0.7	0.17		0.6	0.85	0.13			0.5	0.34	0.5	0.86	0.91
diluted									0.96	0.64	1.4	1.81	0.81	0.79	1.46	1.74	0.52	0.52	0.86	1.4	0.5	0.33	0.89	0.97	0.76	0.29	0.87	1.28	0.59	2.3	1.06	1.13	0.08	-0.9	0.74	0.69	0.17		0.6	0.85	0.13			0.5	0.34	0.49	0.84	0.89
dividends declared per share									0.375	0.5	0.5	0.5	0.5	0.45	0.45	0.45	0.45	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.263	0.35	0.35	0.35	0.188	0.25	0.25	0.25
loss on disposal of property and equipment
gain on disposal of property and equipment																											-2,000
gain on sale of property and equipment																														10,821,000
(loss) income before provision for income taxes																																	721,000	-7,086,000																											-174,000
(benefit) provision for income taxes																																	155,250	-3,307,000																											-21,000
insurance gain																																																	-27,000		2,801,000
impairment charge – long-term investment																																																	100,000		400,000
earnings before provision for income taxes																																													4,298,250	3,803,000	6,528,000	6,862,000	2,926,750	1,809,000	5,527,000	2,440,750	1,730,000	4,722,000	3,311,000				2,591,000
weighted-average shares used for eps calculation
per share:
basic																																															4,472,000
diluted																																															4,593,000
basic income per share:
diluted income per share:
litigation accrual																																																													1,996,000	2,914,000
recovery of property taxes																																																																						-441,000
income from continuing operations before provision for income taxes																																																																			2,473,000		1,268,000										2,269,000
income from continuing operations																																																																			1,563,000		857,000	1,859,000	1,355,000		877,000	1,774,000	1,424,000		1,039,000	1,582,000	1,396,000		770,000
income from discontinued operations, including gains on disposal of discontinued operation before income taxes of 3,906 in 2008
income from discontinued operations																																																																							2,467,000				1,728,000		22,000	262,000
income from discontinued operations before provision for income taxes																																																																							3,914,000
income from continuing operations before provision
for income taxes																																																																						2,952,000	2,155,000		1,312,000	2,820,000	2,245,000		1,596,000	2,621,000			1,229,000
per share
basic																																																																						5,984,000	6,165,000		6,092,000	6,119,000				5,773,000			5,594,000
diluted																																																																						6,309,000	6,473,000		6,492,000	6,562,000				6,227,000			6,565,000
amortization of intangible assets																																																																									8,000	9,000	8,000		66,000	66,000	65,000		66,000
income from discontinued operations including gain on disposal of discontinued operations of 400 in 2006
income from discontinued operations, including gains on disposal of discontinued operations of 2,489 in 2007.																																																																											2,711,000
income from discontinued operations before income taxes																																																																													36,000
income tax expense																																																																													14,000	177,000
income from discontinued operations, including gains on disposal of discontinued operations of 400 in 2006 and 2,819 in 2005, before income taxes.																																																																														439,000
investment and other income																																																																															97,000		177,000
other expense																																																																															35,000
loss from discontinued operations, before income taxes.
income tax benefit
loss from discontinued operations
(loss) from discontinued operations
loss from discontinued operations before benefit from income taxes

Balance Sheets:

Quarterly

Annual

Unit: USD	2026-03-29	2025-12-28	2025-09-28	2025-06-29	2025-03-30	2024-12-29	2024-09-29	2024-06-30	2024-03-31	2023-12-24	2023-09-24	2023-06-25	2023-03-26	2022-12-25	2022-09-25	2022-06-26	2022-03-27	2021-12-26	2021-09-26	2021-06-27	2021-03-28	2020-12-27	2020-09-27	2020-06-28	2020-03-29	2019-12-29	2019-09-29	2019-06-30	2019-03-31	2018-12-23	2018-09-23	2018-06-24	2017-12-24	2017-09-24	2017-06-25	2017-03-26	2016-12-25	2016-09-25	2016-06-26	2015-12-27	2015-09-27	2015-06-28	2014-12-28	2014-09-28	2014-06-29	2013-12-29	2013-09-29	2013-06-30	2013-03-31	2012-12-23	2012-09-23	2012-06-24	2012-03-25	2011-12-25	2011-09-25	2011-06-26	2011-03-27	2010-12-26	2010-09-26	2010-06-27	2010-03-28	2009-12-27	2009-09-27	2009-06-28	2009-03-29	2008-12-28	2008-09-28	2008-06-29	2008-03-30	2007-12-23	2007-09-23	2007-06-24	2007-03-25	2006-12-24	2006-09-24	2006-06-25	2006-03-26	2005-12-25

assets
current assets
cash and cash equivalents	24,404,000	24,545,000	32,175,000	26,867,000	27,802,000	23,711,000	31,207,000	25,979,000			36,978,000			55,454,000	53,857,000	47,668,000	50,063,000	86,168,000	86,756,000	79,526,000	81,064,000	76,602,000	81,519,000	76,941,000	77,117,000	77,395,000	79,471,000	73,903,000	75,446,000	72,832,000							56,403,000	55,125,000	52,838,000	59,708,000	59,423,000	51,603,000	34,537,000	32,161,000	25,105,000	18,121,000	19,144,000	14,085,000	13,403,000	14,300,000	12,375,000	8,634,000	6,029,000	15,832,000	15,209,000	9,686,000	8,940,000	10,919,000	14,881,000	12,448,000	11,609,000	9,004,000	8,691,000	9,011,000	8,679,000	7,535,000	14,693,000	17,369,000	14,381,000	10,143,000	8,199,000	7,786,000	6,932,000	5,538,000	3,696,000	3,648,000	3,009,000
accounts and other receivables	19,841,000	17,726,000	21,613,000	26,274,000	14,064,000	14,744,000	15,672,000	20,471,000	14,731,000	13,592,000	15,762,000	20,965,000	15,066,000	13,042,000	16,171,000	20,851,000	13,374,000	14,175,000	14,817,000	19,184,000	11,652,000	12,338,000	8,967,000	8,224,000	11,108,000	10,436,000	12,170,000	14,974,000	10,173,000	9,589,000	10,720,000	15,619,000	11,873,000	11,527,000	13,861,000	8,948,000	10,210,000	9,103,000	12,890,000	9,035,000	10,384,000	12,542,000	10,405,000	10,568,000	10,442,000	9,353,000	8,996,000	9,795,000	6,917,000	6,816,000	7,275,000	8,741,000	6,535,000	6,807,000	5,769,000	7,698,000	6,120,000	6,412,000	5,144,000	6,682,000	5,225,000	6,417,000	6,019,000	6,941,000	4,869,000	5,108,000	5,031,000
inventories	891,000	680,000	945,000	900,000	1,221,000	588,000	1,005,000	931,000	842,000	554,000	921,000	764,000	539,000	336,000	723,000	889,000	522,000	371,000	948,000	751,000	624,000	415,000	557,000	745,000	378,000	599,000	615,000	748,000	535,000	482,000	552,000	607,000	406,000	604,000	725,000	579,000	394,000	507,000	790,000	569,000	785,000	1,120,000	792,000	766,000	1,105,000	989,000	1,151,000	1,517,000	1,046,000	987,000	1,022,000	1,411,000	1,125,000	827,000	926,000	1,494,000	1,139,000	913,000	973,000	1,112,000	1,018,000	693,000	843,000	1,002,000	668,000	592,000	666,000	990,000	822,000	798,000	1,171,000	812,000	790,000	528,000	628,000	1,250,000	817,000	662,000
prepaid expenses and other current assets	1,984,000	995,000	683,000	1,472,000	2,048,000	1,112,000	806,000	1,598,000	2,176,000	1,587,000	846,000	1,361,000	1,895,000	1,109,000	868,000	1,308,000	1,441,000	821,000	612,000	794,000	1,325,000	931,000	621,000	1,104,000	1,181,000	962,000	595,000	773,000	1,007,000	603,000	523,000	888,000	3,352,000	473,000	782,000	1,093,000	700,000	449,000	658,000	914,000	374,000	1,360,000	1,630,000	420,000	689,000	1,824,000	911,000	2,280,000	1,096,000	952,000	468,000	629,000	1,394,000	908,000	608,000	913,000	1,065,000	2,405,000	1,815,000	917,000	1,428,000	1,184,000	692,000	700,000	1,326,000	954,000	693,000	931,000	1,493,000	947,000	642,000	894,000	1,020,000	681,000	355,000	516,000	1,019,000	460,000
total current assets	47,120,000	43,946,000	55,416,000	55,513,000	45,135,000	40,155,000	48,690,000	48,979,000	38,776,000	32,465,000	54,507,000	55,026,000	47,361,000	69,941,000	71,619,000	70,716,000	65,400,000	101,535,000	103,133,000	100,255,000	94,665,000	90,286,000	91,664,000	87,014,000	89,784,000	89,392,000	92,851,000	90,398,000	87,161,000	83,506,000	78,542,000	71,742,000	82,919,000	74,281,000	76,185,000	67,535,000	67,707,000	65,184,000	67,176,000	70,503,000	71,243,000	74,734,000	54,209,000	51,046,000	46,782,000	41,882,000	41,602,000	45,370,000	40,988,000	41,563,000	39,666,000	37,913,000	35,550,000	46,337,000	45,958,000	46,585,000	44,419,000	42,897,000	47,000,000	45,701,000	43,823,000	43,220,000	43,032,000	43,911,000	42,198,000	42,173,000	44,612,000	46,285,000	42,782,000	40,721,000	39,072,000	39,295,000	36,821,000	34,074,000	31,991,000	28,823,000	26,999,000	27,760,000
property and equipment	1,733,000	1,886,000	2,013,000	2,097,000	2,114,000	2,243,000	2,394,000	2,535,000	2,673,000	2,798,000	2,949,000	3,124,000	3,321,000	3,513,000	3,750,000	3,824,000	3,785,000	3,833,000	3,942,000	4,015,000	4,090,000	4,193,000	4,372,000	4,563,000	4,610,000	4,365,000	4,450,000	4,684,000	4,889,000	5,018,000	5,202,000	5,435,000	8,276,000	8,466,000	8,680,000	8,844,000	9,009,000	8,923,000	8,943,000	8,832,000	8,817,000	9,072,000	8,680,000	8,632,000	8,844,000	9,172,000	8,668,000	8,261,000	5,788,000	5,296,000	5,912,000	5,997,000	6,179,000	5,704,000	5,844,000	5,797,000	5,786,000	5,537,000	5,665,000	5,639,000	5,467,000	5,504,000	4,039,000	4,110,000	4,126,000	4,244,000	4,309,000	4,399,000	4,428,000	4,418,000	4,439,000	4,378,000	4,270,000	4,285,000	4,406,000	4,518,000	4,568,000	4,420,000
operating lease right-of-use assets	3,672,000	3,937,000	4,242,000	4,606,000	4,987,000	5,220,000
goodwill	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000	95,000
intangible asset	348,000	391,000	435,000	478,000	522,000	565,000	608,000	652,000	695,000	739,000	782,000	826,000	869,000	913,000	956,000	1,015,000	1,043,000	1,071,000	1,099,000	1,128,000	1,156,000	1,184,000	1,212,000	1,240,000	1,269,000	1,297,000	1,325,000	1,353,000	1,353,000	1,353,000	1,353,000	1,353,000	1,353,000	1,353,000	1,353,000	1,353,000	1,353,000	1,353,000	1,353,000	1,353,000	1,353,000	1,353,000	1,353,000	1,353,000	1,353,000	1,353,000	1,353,000	1,353,000	1,353,000													1,353,000	1,353,000	1,353,000	1,353,000
deferred income taxes	598,000	599,000	570,000	541,000	510,000	325,000	295,000	280,000	275,000	268,000	467,000	486,000	375,000	584,000	567,000	565,000	582,000	148,000	154,000	146,000	138,000	5,000	7,000	1,000	9,000	52,000	359,000	351,000	343,000	456,000	406,000	450,000	751,000	854,000	866,000	814,000	805,000	740,000	884,000	277,000	277,000	277,000	26,000	26,000	26,000	298,000	345,000	345,000	345,000	338,000	338,000	338,000	338,000	856,000	1,356,000	1,856,000	2,356,000	112,000	112,000	112,000	111,000	696,000	696,000	696,000	696,000	697,000	697,000	697,000	697,000	987,000	1,240,000	1,240,000	1,471,000	1,312,000	1,187,000	951,000	1,364,000	1,168,000
other assets	85,000	85,000	96,000	106,000	113,000	120,000	127,000	134,000	141,000	148,000	154,000	161,000	168,000	175,000	182,000	189,000	195,000	200,000	318,000	323,000	328,000	329,000	334,000	338,000	343,000	455,000	460,000	465,000	465,000	341,000	343,000	345,000	293,000	293,000	293,000	298,000	94,000	94,000	94,000	213,000	343,000	343,000	855,000	422,000	480,000	463,000	463,000	461,000	458,000	459,000	462,000	465,000	465,000	451,000	379,000	390,000	393,000	403,000	408,000	414,000	368,000	368,000	158,000	158,000	158,000	150,000	150,000	150,000	180,000	272,000	294,000	294,000	224,000	226,000	247,000	256,000	256,000	254,000
total assets	53,651,000	50,939,000	62,867,000	63,436,000	53,476,000	48,723,000	57,703,000	58,527,000	48,858,000	42,906,000	65,592,000	65,822,000	58,610,000	81,825,000	83,973,000	83,517,000	78,516,000	114,455,000	116,513,000	114,020,000	108,809,000	104,563,000	106,332,000	102,163,000	105,282,000	104,930,000	107,060,000	105,001,000	94,306,000	91,169,000	86,381,000	79,420,000	92,936,000	84,488,000	86,606,000	78,125,000	78,258,000	75,649,000
liabilities and stockholders’ deficit
current liabilities
current portion of long-term debt	2,400,000	2,400,000	2,400,000	2,400,000	2,400,000	2,400,000	2,400,000
accounts payable	7,904,000	6,067,000	8,142,000	7,435,000	6,163,000	4,675,000	6,395,000	7,046,000	5,744,000	4,681,000	5,611,000	7,811,000	6,461,000	3,847,000	4,945,000	8,217,000	6,381,000	5,714,000	5,084,000	6,221,000	4,041,000	3,785,000	3,088,000	2,719,000	3,509,000	4,434,000	4,914,000	5,806,000	5,222,000	3,839,000	4,654,000	6,066,000	4,268,000	5,128,000	6,022,000	4,809,000	2,774,000	4,167,000	5,758,000	4,176,000	4,596,000	7,118,000	5,303,000	4,920,000	4,396,000	3,337,000	3,414,000	3,809,000	2,991,000	2,511,000	2,699,000	3,916,000	3,355,000	2,569,000	2,770,000	4,931,000	3,587,000	2,949,000	2,689,000	3,533,000	3,069,000	2,483,000	2,474,000	3,200,000	2,857,000	1,955,000	2,316,000	3,023,000	2,805,000	2,121,000	2,145,000	2,790,000	2,433,000	2,235,000	2,235,000	2,786,000	2,091,000	1,993,000
accrued expenses and other current liabilities	6,466,000	5,477,000	5,010,000	8,541,000	5,969,000	4,349,000	5,052,000	8,951,000	7,615,000	4,516,000	6,638,000	8,976,000	8,130,000	5,511,000	7,885,000	7,120,000	7,833,000	5,410,000	8,585,000	6,853,000	8,478,000	5,169,000	7,552,000	5,960,000	9,297,000	5,470,000	7,749,000	6,677,000	9,384,000	8,675,000	11,040,000	6,786,000	26,644,000	5,184,000	9,885,000	5,865,000	9,118,000	5,991,000	9,415,000	8,755,000	5,565,000	8,123,000	4,102,000	3,641,000	3,769,000	4,108,000	4,196,000	3,781,000	4,320,000	4,321,000	3,824,000	3,767,000	4,664,000	3,769,000	3,427,000	3,568,000	4,065,000	8,002,000	6,332,000	3,581,000	3,771,000	3,791,000	3,320,000	3,485,000	3,867,000	4,937,000	4,862,000	4,748,000	4,028,000	4,814,000	4,107,000	4,953,000	6,638,000	5,832,000	5,510,000	4,814,000	5,606,000	5,827,000
current portion of operating lease liabilities	1,940,000	1,937,000	1,933,000	1,924,000	1,923,000	1,915,000	1,907,000	1,897,000	1,887,000	1,880,000	1,875,000	1,743,000	1,782,000	1,827,000	1,849,000	1,849,000	1,849,000	1,848,000	1,846,000	1,842,000	1,837,000	1,833,000	1,821,000	1,702,000	1,583,000	1,449,000	1,009,000	1,065,000
deferred franchise fees	192,000	216,000	250,000	274,000	309,000	312,000	318,000	322,000	327,000	338,000	336,000	339,000	336,000	343,000	352,000	357,000	349,000	359,000	351,000	345,000	237,000	227,000	225,000	229,000	230,000	278,000	301,000	306,000	318,000	319,000	559,000	568,000	198,000	200,000	219,000	98,000	141,000	101,000	87,000	197,000	309,000	376,000	313,000	314,000	319,000	199,000	355,000	350,000	278,000	238,000	115,000	102,000	123,000	246,000	274,000	312,000	341,000	288,000	285,000	306,000	315,000	205,000	289,000	143,000	171,000	211,000	311,000	342,000	299,000	292,000	348,000	313,000	375,000	399,000	491,000	393,000	219,000	200,000
total current liabilities	18,902,000	16,097,000	17,735,000	20,574,000	16,764,000	13,651,000	16,072,000	18,216,000	15,573,000	11,415,000	14,460,000	18,869,000	16,709,000	11,528,000	15,031,000	17,543,000	16,412,000	53,331,000	15,866,000	15,261,000	14,593,000	11,014,000	12,686,000	10,610,000	14,619,000	11,631,000	13,973,000	13,854,000	14,924,000	12,833,000	16,253,000	13,420,000	31,110,000	10,512,000	16,126,000	10,772,000	12,033,000	10,259,000	15,260,000	13,128,000	10,470,000	15,617,000	9,718,000	8,875,000	8,484,000	7,644,000	7,965,000	13,926,000	13,463,000	12,824,000	12,280,000	13,316,000	13,561,000	11,891,000	11,667,000	13,895,000	12,965,000	11,239,000	9,306,000	7,420,000	7,155,000	6,479,000	6,083,000	6,828,000	6,895,000	7,103,000	7,489,000	8,113,000	7,132,000	7,227,000	6,600,000	8,056,000	9,446,000	8,466,000	8,236,000	8,030,000	7,924,000	8,722,000
long-term debt	45,743,000	46,326,000	46,909,000	47,492,000	48,073,000	48,659,000	57,187,000	59,631,000	59,562,000	59,493,000	79,232,000	79,140,000	79,048,000	108,564,000	108,437,000	108,310,000	108,183,000	107,349,000	147,177,000	147,004,000	146,831,000	146,658,000	146,486,000	146,313,000	146,140,000	145,968,000	145,795,000	145,622,000	145,449,000	145,276,000	145,104,000	144,931,000	144,626,000	132,074,000	131,775,000	131,475,000	131,176,000	130,877,000	130,577,000	129,969,000	129,673,000	129,437,000
long-term portion of operating lease liabilities	2,003,000	2,320,000	2,631,000	3,075,000	3,528,000	3,809,000
other liabilities	717,000	906,000	864,000	993,000	927,000	881,000	861,000	844,000	810,000	794,000	783,000	762,000	737,000	737,000	724,000	701,000	674,000	733,000	834,000	816,000	774,000	743,000	739,000	717,000	696,000	801,000	773,000	745,000	1,390,000	1,377,000	1,303,000	1,352,000	1,484,000	1,455,000	1,466,000	1,555,000	1,564,000	1,639,000	1,486,000	2,042,000	2,324,000	2,193,000	1,569,000	1,582,000	1,628,000	2,050,000	2,015,000	2,131,000	2,051,000	2,226,000	2,251,000	2,146,000	2,122,000	2,131,000	2,126,000	1,981,000	1,915,000	2,034,000	1,984,000	1,904,000	1,907,000	1,472,000	1,397,000	1,039,000	1,080,000	1,142,000	1,140,000	1,181,000	1,462,000	1,567,000	1,710,000	1,791,000	1,250,000	1,473,000	1,353,000	1,386,000	1,420,000	1,486,000
total liabilities	67,874,000	66,206,000	68,770,000	72,778,000	69,989,000	67,714,000	78,987,000	84,028,000	81,781,000	77,885,000	100,963,000	105,046,000	103,172,000	127,790,000	131,430,000	134,282,000	133,504,000	169,756,000	172,512,000	172,146,000	171,287,000	167,690,000	169,407,000	167,476,000	171,683,000	169,099,000	170,007,000	170,149,000	164,450,000	162,786,000	165,704,000	162,337,000	177,971,000	144,895,000	150,233,000	144,616,000	145,578,000	143,515,000	148,207,000	146,157,000	143,437,000	148,307,000	12,041,000	11,152,000	10,868,000	10,269,000	10,585,000	16,758,000	15,514,000	15,050,000	14,531,000	15,462,000	15,683,000	14,022,000	13,793,000	15,876,000	14,880,000	13,273,000	11,290,000	9,324,000	9,062,000	7,951,000	7,480,000	7,867,000	7,975,000	8,245,000	8,629,000	9,294,000	8,594,000	8,794,000	8,310,000	9,847,000	10,696,000	9,939,000	9,589,000	9,416,000	9,375,000	10,241,000
commitments and contingencies
stockholders’ deficit
common stock, .01 par value...	94,000	94,000	94,000	94,000	94,000	94,000	94,000	94,000	94,000	94,000	94,000	94,000	94,000	94,000	94,000	94,000	94,000	94,000	94,000	94,000	94,000	94,000	94,000	94,000	94,000	94,000	94,000	94,000	93,000	93,000	93,000	93,000	93,000	93,000	93,000	93,000	93,000	93,000	93,000	93,000	93,000	93,000	91,000	91,000	91,000	90,000	90,000	90,000	90,000	89,000	89,000	89,000	89,000	88,000	88,000	88,000	88,000		88,000	88,000	88,000		85,000	83,000		83,000			82,000							77,000
additional paid-in capital	64,165,000	63,885,000	64,064,000	63,780,000	63,492,000	63,204,000	63,353,000	63,124,000	62,936,000	62,749,000	62,924,000	62,742,000	62,565,000	62,388,000	62,323,000	62,315,000	62,307,000	62,299,000	62,291,000	62,269,000	62,240,000	62,211,000	62,182,000	62,159,000	62,130,000	62,101,000	62,072,000	62,050,000	60,945,000	60,916,000	60,887,000	60,730,000	60,723,000	60,624,000	60,524,000	60,582,000	60,482,000	60,635,000	60,462,000	60,671,000	60,622,000	60,449,000	58,665,000	58,132,000	57,887,000	56,432,000	56,144,000	55,948,000	54,491,000	54,332,000	53,981,000	53,676,000	53,396,000	53,186,000	53,130,000	53,031,000	52,945,000	52,523,000	52,217,000	52,110,000	52,003,000	51,946,000	50,771,000	49,108,000	49,001,000	48,938,000	48,266,000	47,820,000	47,704,000	47,047,000	46,940,000	45,872,000	45,792,000	45,046,000	44,681,000	43,988,000	43,699,000	42,984,000
retained earnings	8,180,000	7,416,000	16,601,000	13,446,000	6,563,000	4,373,000	1,931,000																																				51,129,000	48,888,000	45,034,000	39,745,000	38,638,000	35,990,000	32,636,000	31,081,000	30,019,000	27,174,000	25,168,000	24,086,000	22,875,000	20,606,000	19,010,000	18,455,000	18,608,000	18,457,000	16,797,000	16,006,000	14,954,000	12,791,000	11,228,000	10,284,000	9,427,000	7,568,000
stockholders’ equity before treasury stock	72,439,000	71,395,000	80,759,000	77,320,000	70,149,000	67,671,000	65,378,000	61,161,000	53,739,000	51,683,000	51,291,000	47,438,000	42,100,000	40,697,000	39,205,000	35,075,000	29,782,000	29,469,000	28,771,000	26,644,000	22,292,000	21,643,000	21,695,000	19,457,000	16,868,000	15,119,000	15,356,000	13,155,000						16,896,000	13,676,000	10,812,000
treasury stock	-86,662,000	-86,662,000	-86,662,000	-86,662,000	-86,662,000	-86,662,000	-86,662,000	-86,662,000	-86,662,000	-86,662,000	-86,662,000	-86,662,000	-86,662,000	-86,662,000	-86,662,000	-85,840,000	-84,770,000	-84,770,000	-84,770,000	-84,770,000	-84,770,000	-84,770,000	-84,770,000	-84,770,000	-83,269,000	-79,288,000	-78,303,000	-78,303,000	-78,303,000	-78,303,000	-77,303,000	-77,303,000	-77,303,000	-77,303,000	-77,303,000	-77,303,000	-77,303,000	-77,303,000	-77,303,000	-68,070,000	-64,014,000	-62,160,000	-56,800,000	-56,800,000	-56,443,000	-53,660,000	-53,398,000	-53,398,000	-53,398,000	-50,905,000	-50,313,000	-50,313,000	-50,313,000	-37,019,000	-35,905,000	-35,019,000	-34,446,000	-32,184,000	-26,194,000	-25,192,000	-25,192,000	-24,499,000	-23,817,000	-18,798,000	-18,798,000	-17,529,000	-13,497,000	-10,546,000	-9,086,000	-9,086,000	-9,086,000	-7,158,000	-7,158,000	-7,158,000	-7,158,000	-7,158,000	-7,158,000	-7,158,000
total stockholders’ deficit	-14,223,000	-15,267,000	-5,903,000	-9,342,000	-16,513,000	-18,991,000	-21,284,000	-25,501,000	-32,923,000	-34,979,000	-35,371,000	-39,224,000	-44,562,000	-45,965,000	-47,457,000	-50,765,000	-54,988,000	-55,301,000	-55,999,000	-58,126,000	-62,478,000	-63,127,000	-63,075,000	-65,313,000	-66,401,000			-65,148,000
total liabilities and stockholders’ deficit	53,651,000	50,939,000	62,867,000	63,436,000	53,476,000	48,723,000	57,703,000	58,527,000	48,858,000	42,906,000	65,592,000	65,822,000	58,610,000	81,825,000	83,973,000	83,517,000	78,516,000	114,455,000	116,513,000	114,020,000	108,809,000	104,563,000	106,332,000	102,163,000	105,282,000			105,001,000
operating lease assets							5,494,000	5,852,000	6,203,000	6,393,000	6,638,000	6,104,000	6,421,000	6,604,000	6,804,000	7,113,000	7,416,000	7,573,000	7,772,000	8,058,000	8,337,000	8,471,000	8,648,000	8,913,000	9,181,000	9,274,000	7,520,000	7,655,000
operating lease liabilities							4,084,000	4,513,000	4,937,000	5,169,000	5,408,000	5,058,000	5,406,000	5,583,000	5,752,000	6,122,000	6,487,000	6,680,000	6,867,000	7,214,000	7,553,000	7,722,000	7,887,000	8,208,000	8,532,000
accumulated deficit								-2,057,000	-9,291,000	-11,160,000	-11,727,000	-15,398,000	-20,559,000	-21,785,000	-23,212,000	-27,334,000	-32,619,000	-32,924,000	-33,614,000	-35,719,000	-40,042,000																																																				-2,654,000	-3,896,000	-4,957,000	-6,801,000	-8,197,000	-8,827,000
cash									21,027,000	16,732,000		31,936,000	29,861,000																		66,154,000	53,018,000	67,288,000	61,677,000	60,817,000	56,915,000
current maturities of long-term debt																		40,000,000
liabilities and stockholders’
long-term operating lease liabilities																										8,663,000	7,251,000	7,308,000
stockholders’
total stockholders’																										-64,169,000	-62,947,000		-70,144,000	-71,617,000	-79,323,000	-82,917,000	-85,035,000	-60,407,000	-63,627,000	-66,491,000	-67,320,000	-67,866,000	-70,546,000	-65,161,000	-61,586,000	-62,710,000
total liabilities and stockholders’																										104,930,000	107,060,000		94,306,000	91,169,000	86,381,000	79,420,000	92,936,000	84,488,000	86,606,000	78,125,000	78,258,000	75,649,000
assets held for sale																															593,000	1,610,000																																										48,000	50,000
stockholders’ equity (deficit) before treasury stock																													8,159,000	6,686,000
long term contractual accounts receivable																														400,000	440,000
revenues
sales																														14,404,000	21,573,000	20,471,000	16,767,000	24,527,000			14,859,000	21,891,000	21,262,000	15,763,000	23,973,000	22,891,000
license royalties																														4,316,000	5,746,000	8,098,000	4,228,000	5,764,000			3,990,000	4,788,000	6,824,000	3,614,000	5,256,000	6,536,000
franchise fees and royalties																														911,000	1,239,000	1,104,000	1,088,000	1,315,000			1,088,000	1,334,000	1,330,000	1,187,000	1,390,000	1,227,000
advertising fund revenue																														591,000	772,000	495,000
total revenues																														20,222,000	29,330,000	30,168,000	22,083,000	31,606,000			19,937,000	28,013,000	29,416,000	20,564,000	30,619,000	30,654,000
costs and expenses
cost of sales																														10,660,000	15,160,000	15,446,000	12,599,000	18,041,000			10,785,000	15,489,000	15,458,000	12,082,000	17,660,000	18,106,000
restaurant operating expenses																														766,000	1,141,000	910,000	760,000	1,105,000			695,000	1,078,000	938,000	699,000	1,222,000	969,000
depreciation and amortization																														278,000	339,000	345,000	320,000	367,000			309,000	349,000	347,000	303,000	333,000	339,000
general and administrative expenses																														3,031,000	3,438,000	3,885,000	3,034,000	3,359,000			3,394,000	3,066,000	3,849,000	3,045,000	2,978,000	3,624,000
advertising fund expense																														591,000	772,000	495,000
total costs and expenses																														15,326,000	20,850,000	21,081,000	16,713,000	22,872,000			15,183,000	19,982,000	20,592,000	16,129,000	22,193,000	23,038,000
income from operations																														4,896,000	8,480,000	9,087,000	5,370,000	8,734,000			4,754,000	8,031,000	8,824,000	4,435,000	8,426,000	7,616,000
gain on sale of property and equipment																														10,821,000
loss on debt extinguishment																																	-8,872,000
interest expense																														-2,650,000	-2,651,000	-2,650,000	-3,650,000	-3,663,000			-3,663,000	-3,663,000	-3,676,000	-3,708,000	-3,709,000	-3,709,000
interest income																														277,000	115,000	61,000	44,000	35,000			35,000	36,000			47,000	5,000
other income																														5,000	519,000	21,000	22,000	21,000			21,000	21,000	22,000	21,000	25,000	26,000
income before benefit for income taxes																														13,349,000
benefit for income taxes																														3,627,000
net income																														9,722,000	4,484,000	4,795,000	-3,779,000	3,120,000			699,000	2,507,000	3,550,000	432,000	2,847,000	2,310,000
per share information
weighted-average shares used for eps calculation
basic																														4,187,000,000	4,188,000,000	4,185,000	-900	750			4,175,000,000	600	850	4,408,000,000	4,432,000,000	500
diluted																														4,221,000,000	4,231,000,000	4,226,000	-900	740			4,209,000,000	600	850	4,444,000,000	4,449,000,000	500
income per share:
dividends declared per share																														250	250	250
stockholders’ (deficit) before treasury stock																															-2,020,000
income before benefit from income taxes																															6,463,000	6,519,000	-7,086,000	5,127,000			1,147,000	4,425,000	5,170,000	748,000	4,789,000	3,938,000
benefit from income taxes																															1,979,000	1,724,000		2,007,000			448,000	1,918,000	1,620,000	316,000	1,942,000	1,628,000
stockholders’ deficit before treasury stock																																-5,614,000
stockholders’ (deficit) equity before treasury stock																																	-7,732,000
(benefit) benefit from income taxes																																	-3,307,000
accumulated																																							-53,798,000			-61,134,000
marketable securities																																										7,832,000	6,819,000	7,105,000	9,415,000	11,297,000	11,055,000	11,399,000	12,307,000	12,416,000	12,546,000	12,629,000	14,710,000	15,800,000	16,894,000	18,954,000	18,906,000	22,022,000	23,971,000	24,328,000	24,317,000	24,918,000	25,789,000	25,265,000	25,670,000	27,003,000	22,581,000	20,150,000	20,950,000	23,141,000	23,537,000	23,601,000	22,785,000	21,336,000	21,440,000	16,731,000	16,882,000	17,405,000
accumulated other comprehensive income																																										42,000	66,000	85,000	117,000	189,000	222,000	252,000	329,000	378,000	433,000	468,000	497,000	540,000	567,000	543,000	481,000	508,000	734,000	666,000	616,000	636,000	752,000	396,000	335,000	156,000	-44,000	82,000	225,000	126,000	20,000
liabilities and stockholders’ equity
stockholders’ equity
stockholders’ equity - sum																																											109,951,000	107,196,000	103,129,000	96,456,000	95,094,000	92,280,000	87,546,000	85,880,000	84,522,000	81,407,000	79,150,000	77,900,000	76,660,000	74,268,000	72,524,000			71,321,000	69,504,000		66,562,000	62,378,000		59,452,000	57,704,000	55,507,000	51,694,000	50,166,000	49,058,000	46,013,000	43,037,000	41,021,000	39,597,000	36,852,000	35,206,000	33,927,000
total stockholders’ equity																																											53,151,000	50,396,000	46,686,000	42,796,000	41,696,000	38,882,000	34,148,000	34,975,000	34,209,000	31,094,000	28,837,000	40,881,000	40,755,000	39,249,000	38,078,000	39,390,000	45,453,000	46,129,000	44,312,000	44,177,000	42,745,000	43,580,000	41,849,000	41,923,000	44,207,000	44,961,000	42,608,000	41,080,000	39,972,000	38,855,000	35,879,000	33,863,000	32,439,000	29,694,000	28,048,000	26,769,000
restricted cash																																																5,949,000	5,874,000	5,754,000	5,642,000	5,531,000	5,419,000	5,307,000	5,196,000	5,084,000	4,972,000
long-term investment																																														100,000	100,000	100,000	500,000	500,000	500,000
litigation accrual																																																5,986,000	5,874,000	5,754,000	5,642,000	5,531,000	5,419,000	5,307,000	5,196,000	5,084,000	4,972,000
intangible assets																																																		1,353,000	1,353,000	1,353,000	1,353,000	1,353,000	1,353,000	1,353,000	1,353,000	1,353,000	1,353,000	1,353,000	1,353,000					1,353,000	1,353,000	1,353,000	1,747,000	1,756,000	1,764,000	1,773,000	3,628,000	3,694,000	3,760,000	3,822,000	3,884,000	2,603,000
note receivable held for sale																																																								900,000	921,000
note receivable – current portion																																																										114,000	104,000	102,000	115,000
note receivable																																																										1,095,000	1,122,000	1,149,000	1,175,000	308,000	302,000	296,000	290,000	284,000	251,000	619,000	606,000	594,000	536,000	1,764,000
8,800,491 and 8,773,241 shares issued; and 5,183,368 and 5,594,448 shares
outstanding at december 26, 2010 and march 28, 2010, respectively																																																										88,000
8,773,241 and 8,305,683 shares issued; 5,640,919 and 5,611,877 shares outstanding at december 27, 2009 and march 29, 2009, respectively.																																																														88,000
current assets held for sale
non-current assets held for sale
current liabilities held for sale
non-current liabilities held for sale
8,305,683 and 8,180,683 shares issued; and 5,611,877 and 6,180,683
shares outstanding at march 29, 2009 and march 30, 2008, respectively																																																																	83,000
deferred compensation																																																																		-9,000	-27,000	-45,000	-63,000	-82,000	-100,000	-118,000	-136,000	-154,000	-172,000	-190,000	-208,000	-227,000
8,225,683 and 8,180,683 shares issued; and 5,924,722 and 6,180,683
shares outstanding at september 28, 2008 and march 30, 2008, respectively																																																																			82,000
accounts receivable																																																																				5,529,000	3,833,000	4,111,000	3,747,000
8,183,183 and 8,180,683 shares issued; and 6,079,325 and 6,180,683 shares outstanding at june 29, 2008 and march 30, 2008, respectively																																																																				82,000
retained earnings /																																																																					3,746,000	2,994,000	2,117,000	343,000
8,091,683 and 7,909,183 shares issued; and 6,091,683 and 6,018,083
shares outstanding at december 23, 2007 and march 25, 2007, respectively																																																																						81,000
shares outstanding at september 23, 2007 and march 25, 2007, respectively																																																																							81,000
note and accounts receivable																																																																								4,962,000
7,909,183 and 7,909,183 shares issued; and 6,018,083 and 6,018,083
shares outstanding at june 24, 2007 and march 25, 2007, respectively																																																																								79,000
accumulated other comprehensive loss																																																																								-163,000	-44,000	-53,000	-33,000	-222,000	-164,000	-78,000
notes and accounts receivable																																																																									3,777,000	4,631,000	4,635,000	5,727,000	3,908,000	4,254,000
assets available for sale																																																																									46,000
notes receivable																																																																									60,000	110,000	60,000	75,000	137,000	106,000
current maturities of capital lease obligation																																																																												37,000
capital lease obligation, less current maturities
7,909,183 and 7,600,399 shares issued; and 6,018,083 and 5,709,299
shares outstanding at march 25, 2007 and march 26, 2006 respectively																																																																									79,000
7,794,883 and 7,600,399 shares issued; 5,903,783 and 5,709,299
shares outstanding at december 24, 2006 and march 26, 2006, respectively																																																																										78,000
7,762,633 and 7,600,399 shares issued; 5,871,533 and 5,709,299
shares outstanding at september 24, 2006 and march 26, 2006, respectively																																																																											78,000
current maturities of note payable and capital lease obligations																																																																													8,000	702,000
note payable and capital lease obligations, less current maturities																																																																													31,000	33,000
7,600,399 and 7,440,317 shares issued; and 5,709,299 and 5,549,217
shares outstanding at march 26, 2006 and march 27, 2005 respectively																																																																													76,000
cash and cash equivalents including restricted cash of 83																																																																														3,811,000
7,488,565 and 7,440,317 shares issued; and 5,597,465 and 5,549,217
shares outstanding at december 25, 2005 and march 27, 2005, respectively																																																																														75,000

Cashflow Statements:

Quarterly

Annual

Unit: USD	2025-12-28	2025-09-28	2025-06-29	2024-12-29	2024-09-29	2024-06-30	2023-12-24	2023-09-24	2023-06-25	2022-12-25	2022-09-25	2022-06-26	2021-12-26	2021-09-26	2021-06-27	2020-12-27	2020-09-27	2020-06-28	2019-12-29	2019-09-29	2019-06-30	2018-12-23	2018-09-23	2018-06-24	2017-12-24	2017-09-24	2017-06-25	2016-12-25	2016-09-25	2016-06-26	2015-12-27	2015-09-27	2015-06-28	2014-12-28	2014-09-28	2014-06-29	2013-12-29	2013-09-29	2013-06-30	2012-12-23	2012-09-23	2012-06-24	2011-12-25	2011-09-25	2011-06-26	2010-12-26	2010-09-26	2009-12-27	2009-09-27	2009-06-28	2008-12-28	2008-09-28	2008-06-29	2007-12-23	2007-09-23	2007-06-24	2006-12-24	2006-09-24	2006-06-25	2005-12-25

cash flows from operating activities:
net income	17,211,000	14,127,000	8,928,000	19,791,000	15,307,000	9,277,000	15,706,000	13,099,000	7,388,000	16,358,000	13,095,000	7,137,000	11,438,000	9,308,000	5,763,000	9,014,000	7,655,000	4,000,000	10,240,000	9,027,000	5,369,000	19,001,000	9,279,000	4,795,000	2,263,000	6,042,000	2,922,000	6,756,000	6,057,000	3,550,000	5,589,000	5,157,000	2,310,000	10,166,000	7,925,000	4,071,000	7,109,000	6,002,000	3,354,000	5,913,000	4,851,000	2,006,000	5,076,000	3,865,000	1,596,000	1,658,000	1,811,000	4,778,000	3,726,000	1,563,000	6,538,000	5,681,000	3,822,000	5,803,000	4,926,000	3,152,000	4,301,000	3,240,000	1,396,000	5,047,000
adjustments to reconcile net income to net cash from operating activities
loss on debt extinguishment				389,000	334,000		169,000																		8,872,000
depreciation and amortization	696,000	464,000	228,000	731,000	496,000	249,000	896,000	628,000	313,000	837,000	534,000	233,000	807,000	548,000	278,000	900,000	612,000	310,000	941,000	647,000	310,000	962,000	684,000	345,000	1,055,000	735,000	368,000	1,005,000	696,000	347,000	975,000	672,000	339,000	985,000	687,000	346,000	845,000	539,000	245,000	756,000	541,000	274,000	718,000	472,000	227,000	688,000	457,000	614,000	400,000	199,000	608,000	398,000	198,000	567,000	377,000	185,000	591,000	395,000	197,000	585,000
amortization of debt issuance costs	53,000	36,000	19,000	139,000	122,000	69,000	276,000	184,000	92,000	381,000	254,000	127,000	518,000	346,000	173,000	518,000	346,000	173,000	518,000	346,000	173,000	518,000	346,000	173,000	932,000	599,000	300,000	910,000
share-based compensation expense	852,000	572,000	288,000	705,000	417,000	188,000	546,000	359,000	177,000	81,000	16,000	8,000	66,000	58,000	29,000	87,000	58,000	29,000	87,000	58,000	28,000	133,000	104,000	81,000	298,000	199,000	99,000	482,000	346,000	173,000	549,000	376,000	203,000	629,000	401,000	191,000		338,000	147,000		112,000	56,000			86,000						321,000	214,000	106,000	251,000	144,000	80,000	208,000	122,000	35,000
provision for expected credit losses	63,000	63,000	63,000	53,000	53,000
deferred income taxes	-89,000	-60,000	-31,000	-50,000	-20,000	-5,000	172,000	-27,000	-46,000	-2,000	15,000	17,000	-10,000	-16,000	-8,000	-14,000	-16,000	-8,000	291,000	-16,000	-8,000	-27,000	23,000	-21,000	-63,000	40,000	52,000	92,000	27,000	171,000	15,000	-33,000	35,000	77,000	5,000	44,000	1,194,000	1,156,000	1,231,000	194,000	166,000	166,000	1,410,000	936,000	466,000	-120,000	-85,000	-128,000	-85,000	-43,000	-129,000	-85,000	-43,000	-24,000	-59,000	-33,000	144,000	105,000	407,000	23,000
changes in operating assets and liabilities:
accounts and other receivables	-3,725,000	-7,612,000	-12,273,000	-66,000	-994,000	-5,805,000	1,147,000	-1,003,000	-6,232,000	218,000	-2,877,000	-7,558,000	-2,635,000	-3,192,000	-7,532,000	-1,300,000	2,114,000	2,870,000	-270,000	-2,020,000	-4,828,000	865,000	-310,000	-5,131,000	-2,967,000	-2,636,000	-4,929,000	-1,523,000	-403,000	-4,169,000	441,000	-901,000	-3,059,000	-3,307,000	-3,470,000	-3,337,000	-2,445,000	-2,092,000	-2,889,000	-306,000	-765,000	-2,230,000	-687,000	351,000	-1,578,000	-1,207,000	81,000	-1,728,000	-1,331,000	-2,193,000
inventories	541,000	276,000	321,000	254,000	-163,000	-89,000	-15,000	-382,000	-225,000	186,000	-201,000	-367,000	253,000	-324,000	-127,000	-37,000	-179,000	-367,000	-64,000	-80,000	-213,000	-98,000	-168,000	-223,000	173,000	-25,000	-146,000	293,000	180,000	-103,000	253,000	37,000	-298,000	155,000	181,000	-158,000	57,000	-105,000	-471,000	138,000	103,000	-286,000	312,000	213,000	-355,000	107,000	45,000	-25,000	-171,000	-328,000	235,000	156,000	-168,000	-8,000	-381,000	-22,000	289,000	189,000	-433,000	26,000
prepaid expenses and other current assets	1,053,000	1,365,000	576,000	1,064,000	1,370,000	578,000	308,000	1,049,000	534,000	332,000	573,000	133,000	504,000	713,000	531,000	250,000	560,000	77,000	45,000	412,000	234,000	2,270,000	2,350,000	1,985,000	-2,259,000	620,000	311,000	643,000	894,000	685,000	3,618,000	4,158,000	3,172,000	1,499,000	2,709,000	2,440,000	-728,000	185,000	-1,184,000	442,000	926,000	765,000	157,000	457,000	152,000	-977,000	-387,000	142,000	634,000	626,000	539,000	831,000	624,000	-46,000	259,000	7,000	338,000	664,000	503,000	447,000
other assets	28,000	17,000	7,000	21,000	14,000	7,000	20,000	14,000	7,000	20,000	13,000	6,000	128,000	10,000	5,000	14,000	9,000	5,000	10,000	5,000	-10,000	-48,000	-50,000	-52,000	5,000	5,000	5,000	15,000	15,000	15,000	134,000	4,000	4,000	-327,000	106,000	48,000	-5,000	-5,000	-3,000	6,000	3,000		-58,000	14,000	3,000	-35,000	-40,000	-210,000						-1,000	-116,000	-116,000	30,000	9,000		-9,000
operating lease assets and liabilities	-144,000	-142,000	-71,000	-117,000
accounts payable, accrued expenses and other current liabilities	-593,000	1,020,000	1,747,000	-4,335,000	-1,912,000	568,000	-5,394,000	-2,342,000	156,000	-4,856,000	-1,384,000	1,123,000	-1,395,000	830,000	395,000	-3,852,000	-2,166,000	-4,127,000	-4,930,000	-2,171,000	-2,351,000	-5,196,000	-2,015,000	-4,874,000	-779,000	-431,000	5,280,000	545,000	-1,401,000	3,614,000	1,200,000	-1,570,000	3,635,000	-172,000	-1,016,000	-1,412,000	224,000	389,000	369,000	-1,390,000	-1,496,000	-336,000	-1,314,000	-1,455,000	397,000	4,111,000	2,181,000	-450,000	-930,000	-39,000	63,000	318,000	880,000	-829,000	-1,419,000	72,000	370,000	48,000	-97,000	723,000
deferred franchise fees	-233,000	-125,000	-88,000	-200,000	-125,000	-80,000	-256,000	-192,000	-52,000	-376,000	-259,000	-134,000	249,000	346,000	423,000	-137,000	-83,000	-61,000	-691,000	-489,000	-79,000	453,000		36,000	100,000	102,000	121,000	4,000	-36,000	-50,000	-81,000	31,000	98,000	79,000	80,000	85,000	-79,000	77,000	72,000	115,000	-8,000	-21,000	-95,000	-67,000	-29,000	-27,000	-30,000	34,000	118,000	-28,000	-73,000	27,000	58,000	-83,000	-27,000	-62,000	180,000	272,000	174,000	-138,000
other liabilities	-21,000	-63,000	66,000	71,000	51,000	34,000	57,000	46,000	25,000	63,000	50,000	27,000	-41,000	60,000	42,000	47,000	43,000	21,000	150,000	123,000	84,000	22,000	-52,000	-3,000	-71,000	-100,000	-89,000	-142,000	-67,000	-220,000	-355,000	-73,000	-204,000	-124,000	-111,000	-65,000	-1,000	-36,000	80,000	104,000	129,000	24,000	216,000	211,000	66,000	127,000	77,000	392,000	317,000	-41,000	8,000	6,000	47,000	557,000	700,000	781,000	72,000	-53,000	-28,000	-79,000
net cash from operating activities	15,692,000	9,938,000	-220,000	18,450,000	14,826,000	4,993,000	13,596,000	11,366,000	2,148,000	13,329,000	9,772,000	771,000	9,896,000	8,922,000	77,000	5,710,000	9,107,000	3,002,000	6,662,000	6,095,000	-1,036,000	7,373,000	10,003,000	-2,812,000	7,795,000	5,401,000	4,388,000	9,773,000	7,561,000	4,945,000	13,288,000	8,505,000	6,616,000	10,514,000	8,297,000	3,019,000	-1,458,000	-1,751,000	-1,296,000	7,132,000	4,870,000	585,000	6,442,000	5,488,000	1,198,000	4,857,000	4,465,000	4,139,000	3,213,000	15,000	3,174,000	2,595,000	-1,000	3,399,000	1,881,000	593,000	5,798,000	4,203,000	518,000	3,251,000
capital expenditures	-332,000	-276,000	-115,000	-171,000	-130,000	-41,000	-243,000	-169,000	-73,000	-564,000	-440,000	-244,000	-465,000	-343,000	-175,000	-398,000	-318,000	-237,000	-361,000	-182,000	-106,000	-326,000	-234,000	-138,000	-488,000	-357,000	-204,000	-1,001,000	-606,000	-277,000	-550,000	-232,000	-154,000	-695,000	-349,000	-220,000	-4,229,000	-3,419,000	-2,718,000	-322,000	-274,000	-92,000	-636,000	-530,000	-238,000	-760,000	-655,000	-1,992,000	-317,000	-189,000	-429,000	-279,000	-169,000	-763,000	-594,000	-341,000	-356,000	-283,000	-147,000	-420,000
free cash flows	15,360,000	9,662,000	-335,000	18,279,000	14,696,000	4,952,000	13,353,000	11,197,000	2,075,000	12,765,000	9,332,000	527,000	9,431,000	8,579,000	-98,000	5,312,000	8,789,000	2,765,000	6,301,000	5,913,000	-1,142,000	7,047,000	9,769,000	-2,950,000	7,307,000	5,044,000	4,184,000	8,772,000	6,955,000	4,668,000	12,738,000	8,273,000	6,462,000	9,819,000	7,948,000	2,799,000	-5,687,000	-5,170,000	-4,014,000	6,810,000	4,596,000	493,000	5,806,000	4,958,000	960,000	4,097,000	3,810,000	2,147,000	2,896,000	-174,000	2,745,000	2,316,000	-170,000	2,636,000	1,287,000	252,000	5,442,000	3,920,000	371,000	2,831,000
cash flows from investing activities:
purchases of property and equipment																																																						-763,000	-594,000	-341,000	-356,000	-283,000	-147,000
net cash from investing activities	-332,000	-276,000	-115,000	-171,000	-130,000	-41,000	-243,000	-169,000	-73,000	-522,000	-398,000	-244,000	-465,000	-343,000	-175,000	-398,000	-318,000	-237,000	-361,000	-182,000	-106,000	12,449,000	1,096,000	-138,000	-488,000	-357,000	-204,000	-1,001,000	-606,000	-277,000	6,431,000	6,749,000	-971,000	3,404,000	3,550,000	1,450,000	5,027,000	6,177,000	668,000	1,292,000	1,003,000	1,796,000	3,000,000	2,217,000	121,000	1,221,000	-191,000	-742,000	260,000	317,000	-2,491,000	1,780,000	4,439,000	734,000	308,000	261,000	-4,371,000	-4,339,000	-132,000	-2,503,000
cash flows from financing activities:
proceeds from credit facility				60,000,000	60,000,000
repayment of senior secured notes				-60,000,000	-60,000,000
repayment of credit facility	-1,800,000	-1,200,000	-600,000	-8,600,000
debt issuance costs				-431,000	-431,000																				-4,902,000						-60,000	-60,000
dividends paid to stockholders	-16,358,000	-4,089,000		-6,127,000	-4,085,000		-6,120,000	-4,080,000		-5,524,000	-3,688,000	-1,852,000	-4,320,000	-2,880,000	-1,440,000	-4,320,000	-2,880,000	-1,440,000	-4,437,000	-2,958,000	-1,479,000	-3,289,000	-2,244,000	-1,197,000			-125,000
payments of withholding tax on net share settlement of share-based compensation plans	-459,000			-437,000			-362,000						-7,000			-6,000	-6,000		-8,000	-8,000		-174,000	-174,000	-174,000	-157,000	-157,000	-157,000	-994,000	-705,000	-705,000	-260,000	-59,000	-59,000	-825,000
net cash from financing activities	-18,617,000	-5,289,000	-600,000	-15,595,000	-4,516,000		-26,482,000	-4,080,000		-7,416,000	-5,580,000	-2,922,000	-4,327,000	-2,887,000	-1,440,000	-5,827,000	-4,387,000	-2,941,000	-4,352,000	-1,888,000	-401,000	-4,329,000	-2,284,000	-1,371,000	3,066,000	-282,000	-282,000	-2,597,000	-2,058,000	-2,058,000	-11,404,000	-7,224,000	-5,435,000	-1,458,000	-1,763,000	-1,441,000	1,149,000	1,315,000	1,310,000	-153,000	473,000	224,000	-2,550,000	-1,436,000	-573,000	-6,768,000	-1,002,000	-3,072,000	-3,461,000		-7,529,000	-4,063,000	-1,450,000	-922,000	-922,000		1,102,000	823,000	253,000	128,000
net increase in cash and cash equivalents	-3,257,000	4,373,000	-935,000	2,684,000	10,180,000	4,952,000	-13,129,000	7,117,000		5,391,000	3,794,000		5,104,000	5,692,000		-515,000	4,402,000		1,949,000	4,025,000		15,493,000				4,762,000	3,902,000	6,175,000	4,897,000	2,610,000	8,315,000	8,030,000	210,000	12,460,000	10,084,000	3,028,000	4,718,000	5,741,000	682,000	8,271,000	6,346,000	2,605,000	6,892,000	6,269,000	746,000	-690,000	3,272,000	325,000	12,000	332,000	-6,846,000	312,000	2,988,000	3,211,000	1,267,000					876,000
cash and cash equivalents, beginning of year																																					13,403,000	13,403,000	13,403,000	6,029,000	6,029,000	6,029,000			8,940,000
cash and cash equivalents, end of year																																						19,144,000	14,085,000	14,300,000	12,375,000	8,634,000			9,686,000
cash paid during the year for:
interest	2,249,000	1,531,000	774,000	4,727,000	3,125,000	1,988,000	5,477,000	2,650,000	2,650,000	7,288,000	3,644,000	3,644,000	9,938,000	4,969,000	4,969,000	9,938,000	4,969,000	4,969,000	9,938,000	4,969,000	4,969,000	9,936,000	4,968,000	4,968,000	9,038,000	6,750,000		6,750,000	6,750,000		6,938,000	6,938,000																									1,000	1,000	1,000	30,000
income taxes	5,893,000	4,141,000	103,000	6,263,000	4,444,000	138,000	6,149,000	4,265,000	81,000		3,576,000	146,000		2,673,000	145,000		2,743,000	349,000			60,000													4,404,000	2,764,000	36,000	2,542,000	1,229,000	962,000	2,576,000	1,704,000	23,000	1,359,000	773,000	273,000	2,014,000	1,732,000	1,830,000	1,119,000	155,000	2,063,000	1,168,000	123,000	2,539,000	2,506,000	989,000	1,150,000	925,000	73,000	2,015,000
adjustments to reconcile net income to net cash from operating activities:
purchase of property and equipment	-332,000	-276,000	-115,000	-171,000	-130,000	-41,000	-243,000	-169,000	-73,000	-564,000	-440,000	-244,000	-465,000	-343,000	-175,000	-398,000	-318,000	-237,000	-361,000	-182,000	-106,000	-326,000	-234,000	-138,000	-488,000	-357,000	-204,000	-1,001,000	-606,000	-277,000	-550,000	-232,000	-154,000	-695,000	-349,000	-220,000	-4,229,000	-3,419,000	-2,718,000	-322,000	-274,000	-92,000	-636,000	-530,000	-238,000	-760,000	-655,000	-1,992,000	-317,000	-189,000	-429,000	-279,000	-169,000							-420,000
cash and cash equivalents, beginning of period	27,802,000	27,802,000	27,802,000	21,027,000	21,027,000	21,027,000	29,861,000	29,861,000		50,063,000	50,063,000	50,063,000	81,064,000	81,064,000	81,064,000	77,117,000	77,117,000	77,117,000	75,446,000	75,446,000	75,446,000					56,915,000	56,915,000	50,228,000	50,228,000	50,228,000	51,393,000	51,393,000	51,393,000	22,077,000	22,077,000	22,077,000							8,940,000	8,940,000		11,609,000	11,609,000	8,679,000	8,679,000	8,679,000	14,381,000	14,381,000	14,381,000	6,932,000	6,932,000	6,932,000	3,009,000	3,009,000	3,009,000	2,935,000
cash and cash equivalents, end of period	24,545,000	32,175,000	26,867,000	23,711,000	31,207,000	25,979,000	16,732,000	36,978,000		55,454,000	53,857,000	47,668,000	86,168,000	86,756,000	79,526,000	76,602,000	81,519,000	76,941,000	77,395,000	79,471,000	73,903,000	72,832,000				61,677,000	60,817,000	56,403,000	55,125,000	52,838,000	59,708,000	59,423,000	51,603,000	34,537,000	32,161,000	25,105,000	18,121,000						15,832,000	15,209,000		10,919,000	14,881,000	9,004,000	8,691,000	9,011,000	7,535,000	14,693,000	17,369,000	10,143,000	8,199,000	7,786,000	5,538,000	3,696,000	3,648,000	3,811,000
cash paid during the period for:
other non-cash items					-124,000	-63,000	-111,000	-122,000	-70,000	-114,000	-123,000	-62,000	-98,000
benefit from expected credit losses						65,000
branded products						26,146,000
company-owned restaurants						4,199,000
license royalties						12,921,000
franchise royalties						981,000
franchise fees						92,000
advertising fund revenue						428,000
total revenues						44,767,000
loss on disposal of property and equipment										87,000										2,000
provision for uncollectible accounts							75,000		81,000
insurance proceeds for property and equipment										42,000	42,000
cash payments for extinguishment of debt							-20,000,000																		-135,000,000
repurchase of treasury stock										-1,892,000	-1,892,000	-1,070,000				-1,501,000	-1,501,000	-1,501,000	-985,000			-1,000,000						-1,272,000	-1,272,000	-1,272,000	-11,270,000	-7,214,000	-5,360,000			-1,559,000							-2,573,000	-1,459,000	-573,000		-1,002,000	-5,701,000	-5,019,000				-1,460,000
net decrease in cash
cash, beginning of year
cash, end of year
non-cash financing activity:
dividends declared per share							1,500	1,000	500	1,350	900	450	1,050	700	350	1,050	700	350	1,050	700	350
gain on disposal of property and equipment											-14,000
provision for doubtful accounts								55,000		114,000	80,000	81,000	112,000	27,000		70,000	27,000	14,000	7,000	23,000	27,000	48,000	92,000	14,000	42,000	57,000	16,000	34,000	21,000		23,000	16,000	16,000	7,000	7,000		9,000	13,000	11,000	25,000	25,000	24,000				20,000		181,000	181,000	121,000	151,000	155,000					8,000	5,000	3,000	8,000
net increase in cash									2,075,000														8,815,000	-4,321,000	10,373,000
cash, beginning of period									29,861,000														57,339,000	57,339,000	56,915,000
cash, end of period									31,936,000														66,154,000	53,018,000	67,288,000
noncash financing activity:
premium paid for extinguishment of debt
income taxes paid										5,041,000			3,558,000			3,643,000			3,269,000	2,955,000		2,658,000	1,319,000	60,000	3,447,000	3,400,000	208,000			453,000
net decrease in cash and cash equivalents												-2,395,000			-1,538,000			-176,000			-1,543,000
non-cash rental expense														208,000	105,000	150,000	127,000	66,000	100,000
payments of withholding tax on net share settlement of share-based compensation plans														-7,000
non cash rental expense
income tax benefit on stock option exercises																			228,000	228,000	228,000	47,000	46,000	63,000	194,000		78,000	659,000		621,000	142,000	65,000	65,000	1,061,000	594,000	294,000	1,658,000	1,562,000	1,557,000	749,000	322,000	247,000									502,000	203,000		415,000	415,000		857,000	726,000	74,000	61,000
proceeds from the exercise of stock options																					1,078,000																						8,000	8,000		87,000		1,533,000	696,000		412,000	145,000	10,000
proceeds from exercise of stock options																			1,078,000	1,078,000		134,000	134,000					44,000	44,000	44,000	44,000	44,000	44,000	222,000	89,000	89,000	525,000	525,000	525,000	388,000	388,000	214,000
gain on sale of property and equipment																						-11,177,000	-323,000
proceeds from disposal of property and equipment																						12,775,000	1,330,000
(gain) on disposal of property and equipment
impairment charge – long lived assets
proceeds from issuance of long-term debt																									150,000,000
premium paid on extinguishment of debt																									-6,750,000
long term contractual accounts receivable																						-400,000	-440,000
cash and cash equivalents beginning of period																						57,339,000
dividends declared																									20,948,000
deferred franchise fees - current																							366,000
deferred franchise fees – long term																							71,000
amortization of bond premium																															64,000	64,000	68,000	129,000	75,000	48,000	107,000	63,000	31,000	100,000	60,000	31,000	154,000	105,000	55,000	216,000	141,000	218,000	140,000	71,000	189,000	115,000	58,000	218,000	145,000	73,000	198,000	127,000	62,000	168,000
gain on sale of marketable equity securities																															-26,000	-26,000
impairment charge – long-term investment																																					400,000	400,000	400,000
proceeds from sales and maturities of available-for-sale securities																															10,868,000	10,868,000
purchase of available-for-sale securities																															-3,887,000	-3,887,000	-3,887,000																		-6,860,000	-2,699,000		-1,089,000	-1,089,000	-1,089,000
dividends paid upon vesting of restricted stock																									-125,000	-125,000		-375,000	-125,000	-125,000			-125,000
income tax benefit on stock option exercise																										194,000			621,000
adjustments to reconcile net income to net cash provided by operating activities
insurance proceeds received for business interruption claim																																		718,000	718,000	718,000
cash paid (refunded) during the period for:
income taxes paid /																												2,976,000	2,099,000
amortization of debt discounts and issuance costs																													611,000	311,000	889,000	593,000	297,000
proceeds from sale and maturities of available-for-sale securities																																	3,070,000
insurance gain																																					-2,801,000	-2,801,000	-2,801,000
accrued litigation																																					-5,874,000	-5,874,000	112,000	335,000	223,000	112,000	335,000	224,000	112,000
insurance proceeds received for property and equipment																																					2,711,000	2,711,000	2,711,000	449,000
change in restricted cash																																					-135,000	-135,000	-75,000	-335,000	-223,000	-112,000	-335,000	-224,000	-112,000
litigation settlement																																					6,009,000	6,009,000
debt discounts and issuance costs
income taxes (refunded) / paid																															-95,000	-1,023,000	-1,453,000
advances of insurance proceeds																																								203,000
purchase of long-term investment																																								-500,000	-500,000
proceeds from maturities of available for sale securities																																		6,620,000	4,820,000
purchase of available for sale securities																																		-2,521,000	-921,000		-2,219,000	-879,000																			-4,467,000	-4,467,000		-7,877,000
repurchase of common stock																																		-1,916,000	-1,916,000		-262,000			-592,000						-6,992,000					-8,443,000	-4,411,000		-1,928,000	-1,928,000
payments of withholding tax on net share settlement of employee stock options																																			-530,000	-265,000	-772,000	-772,000	-772,000
proceeds from sale and maturities of available for sale securities																																				1,670,000	2,890,000	1,890,000	750,000	2,000,000	2,000,000	2,000,000
proceeds from sales and maturities of marketable securities
payments received on sale of note receivable
payments received on note receivable																																											21,000	21,000	21,000	81,000	64,000
share-based compensation																																					530,000			497,000
gain on sale of marketable securities
impairment charge on note receivable
proceeds received on sale of note receivable																																											900,000	900,000
payments of withholding tax on net share settlement exercise of employee stock options																																								-698,000	-237,000	-237,000
deposit received on sale of note receivable																																													450,000
proceeds from the exercise of stock options and warrant																																																						591,000	591,000
share based compensation expense																																											218,000	162,000		296,000	214,000	321,000	214,000	107,000
proceeds from sale of available-for-sale securities																																											3,050,000	2,050,000			400,000	1,035,000	435,000	435,000	500,000	500,000	500,000	800,000	300,000
income tax benefits on stock option exercises																																											15,000	15,000		137,000		1,096,000	862,000
amortization of intangible assets																																																			3,000	3,000	3,000	69,000	61,000	52,000	197,000	131,000	65,000	197,000
amortization of deferred compensation																																																			54,000	36,000	18,000	54,000	36,000	18,000	54,000	36,000	18,000	54,000
gain on sale of subsidiary
loss on sale of marketable securities
proceeds from sale of marketable securities
purchase of marketable securities
payments received on notes receivable																																																215,000	142,000	71,000	337,000	297,000	147,000	95,000			59,000	18,000	18,000	339,000
proceeds from sale of subsidiary
noncash financing activities:
loan made in connection with the sale of subsidiary																																																			250,000	250,000	250,000	2,150,000	2,150,000	2,150,000
proceeds from the sale of available-for-sale securities																																														1,900,000
benefit from doubtful accounts
marketable securities
total assets at fair value
gain on sale of subsidiary and leasehold interests
proceeds from sale of subsidiaries and leasehold interests
gain on sales of subsidiaries
gains on sales of subsidiaries
adjustments to reconcile net income to net cash
provided by operating activities
gain on disposal of fixed assets																																																											-6,000	-2,882,000
loss on sale of available-for-sale securities
purchase of intellectual property																																																									-7,000	-7,000	-3,000
principal repayments of notes payable and capitalized lease obligations
gains on disposals of subsidiaries and leasehold interest																																																			-3,906,000	-3,906,000	-3,906,000
accounts receivable and other receivables																																																			-1,427,000	-1,354,000
proceeds from sales of subsidiary and leasehold interest																																																			3,961,000	3,961,000	3,961,000
accounts receivable																																																					-1,698,000	-640,000	-276,000
loss on sale of available for sale securities
notes and accounts receivable																																																								-1,105,000	-763,000	-673,000	-1,778,000
gain on sale of subsidiary and leasehold interest																																																						-2,489,000	-2,489,000	-2,489,000
proceeds from sale of subsidiary and leasehold interest, net of cash sold																																																						1,691,000	1,691,000
principal repayments of capitalized lease obligation																																																											-2,000
gain on sale of fixed assets
proceeds from sale of subsidiary and leasehold interest																																																								1,691,000
proceeds from the exercise of stock options and warrants																																																									284,000	136,000	181,000	259,000
net change in cash and cash equivalents																																																								854,000	2,529,000	687,000	639,000
proceeds from sale of available for sale securities																																																												1,934,000
proceeds from sales of property and equipment																																																												3,521,000
gain on disposal of leasehold interest and property and equipment																																																									-419,000
proceeds from sale of leasehold interest and property and equipment																																																									400,000
principal repayments of note payable and capitalized lease obligation																																																									-39,000	-39,000
gain on disposal of leasehold interest and fixed assets																																																										-414,000
proceeds from sale of leasehold interest and property plant and equipment																																																										400,000
loss (gain) on sale of available for sale securities
impairment of long-lived assets
impairment of notes receivable
provision for (recovery of) doubtful accounts
loans to franchisees in connection with sale of restaurants
accounts and notes receivable																																																												-980,000
principal repayments of note payable and capitalized lease obligations																																																												-131,000
repurchases of common stock
supplemental disclosure of cash flow information:

Nathan's Famous, Inc(NASDAQ:NATH)

Nathan's Famous, Inc
(NASDAQ:NATH)