Quarterly
Annual
| Unit: USD | 2025-09-27 | 2025-06-28 | 2025-03-29 | 2024-12-28 | 2024-09-28 | 2024-06-29 | 2024-03-30 | 2023-12-30 | 2023-09-30 | 2023-07-01 | 2023-04-01 | 2022-12-31 | 2022-09-24 | 2022-06-25 | 2022-03-26 | 2021-12-25 | 2021-09-25 | 2021-06-26 | 2021-03-27 | 2020-12-26 | 2020-09-26 | 2020-06-27 | 2020-03-28 | 2019-12-28 | 2019-09-28 | 2019-06-29 | 2019-03-30 | 2018-12-29 | 2018-09-29 | 2018-06-30 | 2018-03-31 | 2017-12-30 | 2017-09-30 | 2017-07-01 | 2017-04-01 | 2016-12-31 | 2016-09-24 | 2016-06-25 | 2016-03-26 | 2015-12-26 | 2015-09-26 | 2015-06-27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue: | ||||||||||||||||||||||||||||||||||||||||||
royalty revenue, franchise fees and other | 81,187,000 | 79,889,000 | 78,775,000 | 75,702,000 | 74,395,000 | 71,160,000 | 67,097,000 | 57,705,000 | 53,200,000 | 47,984,000 | 48,188,000 | 47,137,000 | 40,363,000 | 36,044,000 | 35,070,000 | 33,106,000 | 32,829,000 | 33,135,000 | 31,606,000 | 28,020,000 | 28,806,000 | 27,858,000 | 24,199,000 | 23,900,000 | 21,876,000 | 21,187,000 | 21,328,000 | 19,086,000 | 17,787,000 | 17,204,000 | 17,781,000 | |||||||||||
advertising fees | 62,018,000 | 61,962,000 | 62,272,000 | 56,063,000 | 56,764,000 | 54,654,000 | 50,149,000 | 43,128,000 | 39,951,000 | 36,596,000 | 37,463,000 | 35,339,000 | 32,146,000 | 28,987,000 | 22,539,000 | 21,857,000 | 15,575,000 | 22,577,000 | 21,520,000 | |||||||||||||||||||||||
company-owned restaurant sales | 32,531,000 | 32,478,000 | 30,047,000 | 30,056,000 | 31,339,000 | 29,885,000 | 28,543,000 | 26,224,000 | 23,953,000 | 22,593,000 | 23,070,000 | 22,391,000 | 20,163,000 | 18,746,000 | 18,596,000 | 17,065,000 | 17,380,000 | 18,288,000 | 17,564,000 | 15,922,000 | 15,529,000 | 18,324,000 | 15,223,000 | 14,107,000 | 13,943,000 | 13,888,000 | 13,515,000 | 12,513,000 | 11,845,000 | 11,478,000 | 11,003,000 | 10,006,000 | 9,672,000 | 8,845,000 | 8,546,000 | 9,144,000 | 8,150,000 | 8,418,000 | 8,576,000 | 8,033,000 | 7,547,000 | 7,832,000 |
total revenue | 175,736,000 | 174,329,000 | 171,094,000 | 161,821,000 | 162,498,000 | 155,699,000 | 145,789,000 | 127,057,000 | 117,104,000 | 107,173,000 | 108,721,000 | 104,867,000 | 92,672,000 | 83,777,000 | 76,205,000 | 72,028,000 | 65,784,000 | 74,000,000 | 70,690,000 | 63,282,000 | 63,988,000 | 66,105,000 | 55,436,000 | 53,186,000 | 49,875,000 | 48,562,000 | 48,053,000 | 40,509,000 | 38,246,000 | 37,037,000 | 37,389,000 | 28,285,000 | 26,026,000 | 24,672,000 | 26,569,000 | 24,752,000 | 21,810,000 | 22,723,000 | 22,074,000 | 20,577,000 | 19,134,000 | 19,232,000 |
yoy | 8.15% | 11.97% | 17.36% | 27.36% | 38.76% | 45.28% | 34.09% | 21.16% | 26.36% | 27.93% | 42.67% | 45.59% | 40.87% | 13.21% | 7.80% | 13.82% | 2.81% | 11.94% | 27.52% | 18.98% | 28.30% | 36.12% | 15.36% | 31.29% | 30.41% | 31.12% | 28.52% | 43.22% | 46.95% | 50.12% | 40.72% | 14.27% | 19.33% | 8.58% | 20.36% | 20.29% | 13.99% | 18.15% | ||||
qoq | 0.81% | 1.89% | 5.73% | -0.42% | 4.37% | 6.80% | 14.74% | 8.50% | 9.27% | -1.42% | 3.68% | 13.16% | 10.62% | 9.94% | 5.80% | 9.49% | -11.10% | 4.68% | 11.71% | -1.10% | -3.20% | 19.25% | 4.23% | 6.64% | 2.70% | 1.06% | 18.62% | 5.92% | 3.26% | -0.94% | 32.19% | 8.68% | 5.49% | -7.14% | 7.34% | 13.49% | -4.02% | 2.94% | 7.28% | 7.54% | -0.51% | |
costs and expenses: | ||||||||||||||||||||||||||||||||||||||||||
cost of sales | 24,342,000 | 24,405,000 | 22,835,000 | 23,321,000 | 24,367,000 | 22,673,000 | 21,271,000 | 19,687,000 | 17,622,000 | 16,642,000 | 16,695,000 | 17,098,000 | 15,724,000 | 14,899,000 | 15,674,000 | 14,724,000 | 15,206,000 | 14,207,000 | 13,279,000 | 12,216,000 | 11,804,000 | 13,387,000 | 11,176,000 | 10,463,000 | 10,339,000 | 10,573,000 | 9,730,000 | 8,881,000 | 8,040,000 | 7,745,000 | 7,397,000 | 7,455,000 | 7,823,000 | 6,867,000 | 6,600,000 | 6,956,000 | 6,091,000 | 6,184,000 | 6,077,000 | 5,639,000 | 5,328,000 | 5,516,000 |
gross profit | 151,394,000 | 149,924,000 | 148,259,000 | 138,500,000 | 138,131,000 | 133,026,000 | 124,518,000 | 107,370,000 | 99,482,000 | 90,531,000 | 92,026,000 | 87,769,000 | 76,948,000 | 68,878,000 | 60,531,000 | 57,304,000 | 50,578,000 | 59,793,000 | 57,411,000 | 51,066,000 | 52,184,000 | 52,718,000 | 44,260,000 | 42,723,000 | 39,536,000 | 37,989,000 | 38,323,000 | 31,628,000 | 30,206,000 | 29,292,000 | 29,992,000 | 20,830,000 | 18,203,000 | 17,805,000 | 19,969,000 | 17,796,000 | 15,719,000 | 16,539,000 | 15,997,000 | 14,938,000 | 13,806,000 | 13,716,000 |
yoy | 9.60% | 12.70% | 19.07% | 28.99% | 38.85% | 46.94% | 35.31% | 22.33% | 29.28% | 31.44% | 52.03% | 53.16% | 52.14% | 15.19% | 5.43% | 12.22% | -3.08% | 13.42% | 29.71% | 19.53% | 31.99% | 38.77% | 15.49% | 35.08% | 30.89% | 29.69% | 27.78% | 51.84% | 65.94% | 64.52% | 50.19% | 17.05% | 15.80% | 7.65% | 24.83% | 19.13% | 13.86% | 20.58% | ||||
qoq | 0.98% | 1.12% | 7.05% | 0.27% | 3.84% | 6.83% | 15.97% | 7.93% | 9.89% | -1.62% | 4.85% | 14.06% | 11.72% | 13.79% | 5.63% | 13.30% | -15.41% | 4.15% | 12.43% | -2.14% | -1.01% | 19.11% | 3.60% | 8.06% | 4.07% | -0.87% | 21.17% | 4.71% | 3.12% | -2.33% | 43.98% | 14.43% | 2.24% | -10.84% | 12.21% | 13.21% | -4.96% | 3.39% | 7.09% | 8.20% | 0.66% | |
gross margin % | 86.15% | 86.00% | 86.65% | 85.59% | 85.00% | 85.44% | 85.41% | 84.51% | 84.95% | 84.47% | 84.64% | 83.70% | 83.03% | 82.22% | 79.43% | 79.56% | 76.88% | 80.80% | 81.22% | 80.70% | 81.55% | 79.75% | 79.84% | 80.33% | 79.27% | 78.23% | 79.75% | 78.08% | 78.98% | 79.09% | 80.22% | 73.64% | 69.94% | 72.17% | 75.16% | 71.90% | 72.07% | 72.79% | 72.47% | 72.60% | 72.15% | 71.32% |
advertising expenses | 65,541,000 | 65,533,000 | 65,795,000 | 60,601,000 | 60,965,000 | 58,548,000 | 53,192,000 | 45,830,000 | 42,381,000 | 38,729,000 | 39,643,000 | 37,111,000 | 33,106,000 | 29,685,000 | 23,167,000 | 22,429,000 | 16,232,000 | 23,301,000 | 22,027,000 | 17,648,000 | 18,267,000 | 18,589,000 | 14,924,000 | 14,532,000 | 12,652,000 | 12,973,000 | 12,734,000 | 8,416,000 | 8,431,000 | 8,209,000 | 8,643,000 | |||||||||||
selling, general and administrative | 30,659,000 | 32,937,000 | 31,440,000 | 31,232,000 | 32,294,000 | 28,097,000 | 25,178,000 | 28,078,000 | 23,047,000 | 22,128,000 | 23,645,000 | 18,340,000 | 16,686,000 | 13,949,000 | 18,086,000 | 18,023,000 | 15,020,000 | 16,066,000 | 13,786,000 | 24,199,000 | 17,282,000 | 13,194,000 | 14,310,000 | 17,832,000 | 13,527,000 | 13,394,000 | 12,542,000 | 13,383,000 | 10,285,000 | 10,078,000 | 10,833,000 | 10,457,000 | 8,144,000 | 8,288,000 | 10,262,000 | 8,720,000 | 8,893,000 | 8,572,000 | 7,655,000 | 7,692,000 | 7,317,000 | 10,665,000 |
depreciation and amortization | 6,233,000 | 6,220,000 | 6,228,000 | 5,865,000 | 5,054,000 | 5,161,000 | 3,410,000 | 3,648,000 | 3,384,000 | 3,218,000 | 2,989,000 | 3,289,000 | 2,836,000 | 2,547,000 | 2,227,000 | 2,564,000 | 2,061,000 | 1,523,000 | 1,795,000 | 2,231,000 | 2,334,000 | 1,398,000 | 1,555,000 | 1,465,000 | 1,408,000 | 1,335,000 | 1,276,000 | 1,150,000 | 1,134,000 | 1,079,000 | 950,000 | 969,000 | 881,000 | 771,000 | 755,000 | 821,000 | 746,000 | 727,000 | 714,000 | 738,000 | 636,000 | 645,000 |
loss on disposal of assets | 6,535,000 | 18,000 | 77,000 | 323,000 | 444,000 | |||||||||||||||||||||||||||||||||||||
total costs and expenses | 126,775,000 | 129,095,000 | 132,833,000 | 119,981,000 | 122,680,000 | 114,479,000 | 103,051,000 | 97,243,000 | 86,452,000 | 80,717,000 | 83,049,000 | 75,996,000 | 68,591,000 | 61,403,000 | 59,598,000 | 57,810,000 | 44,952,000 | 55,097,000 | 50,887,000 | 53,201,000 | 49,687,000 | 46,568,000 | 41,965,000 | 44,292,000 | 37,926,000 | 38,275,000 | 36,282,000 | 31,830,000 | 27,890,000 | 27,111,000 | 27,823,000 | 18,881,000 | 16,848,000 | 15,926,000 | 17,617,000 | 16,497,000 | 15,730,000 | 15,483,000 | 14,446,000 | 14,069,000 | 13,281,000 | 16,826,000 |
operating income | 48,961,000 | 45,234,000 | 38,261,000 | 41,840,000 | 39,818,000 | 41,220,000 | 42,738,000 | 29,814,000 | 30,652,000 | 26,456,000 | 25,672,000 | 28,871,000 | 24,081,000 | 22,374,000 | 16,607,000 | 14,218,000 | 20,832,000 | 18,903,000 | 19,803,000 | 10,081,000 | 14,301,000 | 19,537,000 | 13,471,000 | 8,894,000 | 11,949,000 | 10,287,000 | 11,771,000 | 8,679,000 | 10,356,000 | 9,926,000 | 9,566,000 | 9,404,000 | 9,178,000 | 8,746,000 | 8,952,000 | 8,255,000 | 6,080,000 | 7,240,000 | 7,628,000 | 6,508,000 | 5,853,000 | 2,406,000 |
yoy | 22.96% | 9.74% | -10.48% | 40.34% | 29.90% | 55.81% | 66.48% | 3.27% | 27.29% | 18.24% | 54.59% | 103.06% | 15.60% | 18.36% | -16.14% | 41.04% | 45.67% | -3.25% | 47.00% | 13.35% | 19.68% | 89.92% | 14.44% | 2.48% | 15.38% | 3.64% | 23.05% | -7.71% | 12.84% | 13.49% | 6.86% | 13.92% | 50.95% | 20.80% | 17.36% | 26.84% | 3.88% | 200.91% | ||||
qoq | 8.24% | 18.22% | -8.55% | 5.08% | -3.40% | -3.55% | 43.35% | -2.73% | 15.86% | 3.05% | -11.08% | 19.89% | 7.63% | 34.73% | 16.80% | -31.75% | 10.20% | -4.54% | 96.44% | -29.51% | -26.80% | 45.03% | 51.46% | -25.57% | 16.16% | -12.61% | 35.63% | -16.19% | 4.33% | 3.76% | 1.72% | 2.46% | 4.94% | -2.30% | 8.44% | 35.77% | -16.02% | -5.09% | 17.21% | 11.19% | 143.27% | |
operating margin % | 27.86% | 25.95% | 22.36% | 25.86% | 24.50% | 26.47% | 29.31% | 23.47% | 26.18% | 24.69% | 23.61% | 27.53% | 25.99% | 26.71% | 21.79% | 19.74% | 31.67% | 25.54% | 28.01% | 15.93% | 22.35% | 29.55% | 24.30% | 16.72% | 23.96% | 21.18% | 24.50% | 21.42% | 27.08% | 26.80% | 25.59% | 33.25% | 35.26% | 35.45% | 33.69% | 33.35% | 27.88% | 31.86% | 34.56% | 31.63% | 30.59% | 12.51% |
interest expense | 9,201,000 | 8,469,000 | 8,910,000 | 6,418,000 | 5,130,000 | 5,200,000 | 4,544,000 | 4,890,000 | 4,520,000 | 4,244,000 | 4,573,000 | 5,310,000 | 5,742,000 | 5,986,000 | 4,192,000 | 3,754,000 | 3,724,000 | 3,724,000 | 3,782,000 | 4,018,000 | 4,405,000 | 4,214,000 | 4,145,000 | 4,184,000 | 4,243,000 | 4,299,000 | 4,410,000 | 3,500,000 | 2,545,000 | 2,342,000 | 1,736,000 | 1,223,000 | 1,302,000 | 1,307,000 | 1,299,000 | 1,538,000 | 1,390,000 | 707,000 | 761,000 | 713,000 | 800,000 | 1,177,000 |
investment income | 128,000 | -93,839,000 | ||||||||||||||||||||||||||||||||||||||||
income before income tax expense | 39,632,000 | 36,765,000 | 123,190,000 | 36,714,000 | 35,488,000 | 36,491,000 | 38,497,000 | 24,990,000 | 26,151,000 | 22,258,000 | 20,911,000 | 23,369,000 | 18,049,000 | 16,362,000 | 11,536,000 | 10,577,000 | 17,130,000 | 15,179,000 | 16,021,000 | -7,602,000 | 9,896,000 | 15,323,000 | 9,326,000 | 4,710,000 | 7,706,000 | 5,988,000 | 7,361,000 | 3,702,000 | 7,811,000 | 7,584,000 | 7,830,000 | 8,181,000 | 7,876,000 | 7,439,000 | 7,653,000 | 6,717,000 | 4,474,000 | 6,523,000 | 6,839,000 | 5,781,000 | 4,957,000 | 972,000 |
income tax expense | 11,154,000 | 10,002,000 | 30,925,000 | 9,961,000 | 9,756,000 | 9,006,000 | 9,750,000 | 6,176,000 | 6,640,000 | 6,077,000 | 5,242,000 | 5,773,000 | 4,681,000 | 3,055,000 | 2,860,000 | 3,867,000 | 2,861,000 | 3,784,000 | 1,230,000 | 1,663,000 | 1,801,000 | 1,070,000 | 755,000 | 1,283,000 | 1,518,000 | 745,000 | 1,662,000 | -2,316,000 | 2,864,000 | 2,174,000 | 1,123,000 | 2,405,000 | 1,721,000 | 2,444,000 | 2,549,000 | 1,986,000 | 1,784,000 | 388,000 | ||||
net income | 28,478,000 | 26,763,000 | 92,265,000 | 26,753,000 | 25,732,000 | 27,485,000 | 28,747,000 | 18,814,000 | 19,511,000 | 16,181,000 | 15,669,000 | 17,596,000 | 13,368,000 | 13,307,000 | 8,676,000 | 6,896,000 | 11,290,000 | 11,312,000 | 13,160,000 | -6,410,000 | 10,081,000 | 11,539,000 | 8,096,000 | 3,047,000 | 5,905,000 | 4,918,000 | 6,606,000 | 2,419,000 | 6,293,000 | 6,839,000 | 6,168,000 | 10,497,000 | 5,012,000 | 5,265,000 | 6,530,000 | 4,312,000 | 2,753,000 | 4,079,000 | 4,290,000 | 3,795,000 | 3,173,000 | 584,000 |
yoy | 10.67% | -2.63% | 220.96% | 42.20% | 31.88% | 69.86% | 83.46% | 6.92% | 45.95% | 21.60% | 80.60% | 155.16% | 18.41% | 17.64% | -34.07% | -207.58% | 11.99% | -1.97% | 62.55% | -310.37% | 70.72% | 134.63% | 22.56% | 25.96% | -6.17% | -28.09% | 7.10% | -76.96% | 25.56% | 29.90% | -5.54% | 143.44% | 82.06% | 29.08% | 52.21% | 13.62% | -13.24% | 598.46% | ||||
qoq | 6.41% | -70.99% | 244.88% | 3.97% | -6.38% | -4.39% | 52.80% | -3.57% | 20.58% | 3.27% | -10.95% | 31.63% | 0.46% | 53.38% | 25.81% | -38.92% | -0.19% | -14.04% | -305.30% | -163.58% | -12.64% | 42.53% | 165.70% | -48.40% | 20.07% | -25.55% | 173.09% | -61.56% | -7.98% | 10.88% | -41.24% | 109.44% | -4.81% | -19.37% | 51.44% | 56.63% | -32.51% | -4.92% | 13.04% | 19.60% | 443.32% | |
net income margin % | 16.20% | 15.35% | 53.93% | 16.53% | 15.84% | 17.65% | 19.72% | 14.81% | 16.66% | 15.10% | 14.41% | 16.78% | 14.43% | 15.88% | 11.39% | 9.57% | 17.16% | 15.29% | 18.62% | -10.13% | 15.75% | 17.46% | 14.60% | 5.73% | 11.84% | 10.13% | 13.75% | 5.97% | 16.45% | 18.47% | 16.50% | 37.11% | 19.26% | 21.34% | 24.58% | 17.42% | 12.62% | 17.95% | 19.43% | 18.44% | 16.58% | 3.04% |
earnings per share | ||||||||||||||||||||||||||||||||||||||||||
basic | 1.02 | 0.96 | 3.25 | 0.92 | 0.88 | 0.94 | 0.98 | 0.64 | 0.66 | 0.54 | 0.52 | 0.59 | 0.45 | 0.45 | 0.29 | 0.23 | 0.38 | 0.38 | 0.44 | -0.21 | 0.34 | 0.39 | 0.27 | 0.11 | 0.2 | 0.17 | 0.23 | 0.08 | 0.21 | 0.23 | 0.21 | 0.36 | 0.17 | 0.18 | 0.23 | 0.15 | 0.1 | 0.14 | 0.15 | 0.14 | 0.11 | 0.02 |
diluted | 1.02 | 0.96 | 3.24 | 0.92 | 0.88 | 0.93 | 0.98 | 0.64 | 0.65 | 0.54 | 0.52 | 0.59 | 0.45 | 0.44 | 0.29 | 0.23 | 0.38 | 0.38 | 0.44 | -0.22 | 0.34 | 0.39 | 0.27 | 0.1 | 0.2 | 0.17 | 0.22 | 0.08 | 0.21 | 0.23 | 0.21 | 0.36 | 0.17 | 0.18 | 0.22 | 0.15 | 0.09 | 0.14 | 0.15 | 0.13 | 0.11 | 0.02 |
other comprehensive income | -1,768 | 4,731 | 3,259 | -564 | 440 | -12 | -24 | 220 | -199 | 128 | 147 | -182 | -391 | -271 | -66 | -84 | -63 | -109 | ||||||||||||||||||||||||
currency translation adjustment | -1,768 | 4,731 | 3,259 | -564 | 440 | -12 | -24 | 220 | -199 | 128 | 147 | 347 | -391 | -271 | -66 | -84 | -63 | -109 | ||||||||||||||||||||||||
comprehensive income | 26,710 | 31,494 | 95,524 | 26,189 | 26,172 | 27,473 | 28,723 | 19,034 | 19,312 | 16,309 | 15,816 | 17,943 | 12,977 | 13,036 | 8,610 | 6,812 | 11,227 | 11,203 | ||||||||||||||||||||||||
other income | -1,292,000 | -800,000 | -471,000 | -303,000 | -66,000 | -19,000 | -46,000 | 188,000 | 192,000 | 290,000 | 26,000 | 65,000 | -113,000 | -22,000 | 216,000 | 10,000 | 28,000 | 14,000 | 96,000 | 257,000 | ||||||||||||||||||||||
weighted-average shares outstanding | ||||||||||||||||||||||||||||||||||||||||||
basic | 29,265 | 29,343 | 29,349 | 29,769 | 29,750 | 29,972 | 29,947 | 29,893 | 29,915 | 29,882 | 29,851 | 29,769 | 29,799 | 29,739 | 29,706 | 29,601 | 29,642 | 29,588 | 29,487 | 29,415 | 29,449 | 29,418 | 29,337 | 29,231 | 29,284 | 29,230 | 29,116 | 29,025 | 29,081 | 29,032 | 28,895 | 28,637 | 28,725 | 28,646 | 28,586 | 27,497 | 28,581 | 26,689 | ||||
diluted | 29,383 | 29,457 | 29,478 | 29,856 | 29,818 | 30,049 | 30,031 | 29,963 | 29,967 | 29,914 | 29,974 | 29,944 | 29,963 | 29,873 | 29,844 | 29,804 | 29,854 | 29,793 | 29,742 | 29,670 | 29,696 | 29,667 | 29,637 | 29,587 | 29,584 | 29,528 | 29,503 | 29,424 | 29,384 | 29,394 | 29,336 | 28,983 | 29,014 | 28,989 | 28,967 | 27,816 | 28,891 | 26,970 | ||||
dividends per share | 0.178 | 0.27 | 0.22 | 0.22 | 0.22 | 0.22 | 0.19 | 0.19 | 0.19 | 0.19 | 0.17 | 4.17 | 0.17 | 0.17 | 0.14 | 0.14 | 5.14 | 0.14 | 0.11 | 0.11 | 0.11 | 0.11 | 0.09 | 0.09 | 3.14 | 0.09 | 0.07 | 3.24 | 0.07 | 0.07 | 2.9 | |||||||||||
loss on debt extinguishment | 203,500 | 814,000 | ||||||||||||||||||||||||||||||||||||||||
gain on disposal of assets | 158,000 | 239,000 | ||||||||||||||||||||||||||||||||||||||||
gain on sale of restaurants and other incomes | 70,000 | -3,567,000 | ||||||||||||||||||||||||||||||||||||||||
income tax benefit | 3,142,000 | 5,840,000 | 1,207,250 | -185,000 | ||||||||||||||||||||||||||||||||||||||
advertising fees and related income | 13,897,500 | 19,653,000 | 19,923,000 | 16,014,000 | 15,179,000 | 14,056,000 | 13,487,000 | 13,210,000 | 8,910,000 | 8,614,000 | 8,355,000 | 8,605,000 | ||||||||||||||||||||||||||||||
cost of sales excludes depreciation and amortization, which are presented separately, and includes advertising expenses incurred at company-owned restaurants. | ||||||||||||||||||||||||||||||||||||||||||
* see note 1. | ||||||||||||||||||||||||||||||||||||||||||
royalty revenue and franchise fees | 18,279,000 | 16,354,000 | 15,827,000 | 18,023,000 | 15,608,000 | 13,660,000 | 14,305,000 | 13,498,000 | 12,544,000 | 11,587,000 | 11,400,000 | |||||||||||||||||||||||||||||||
exclusive of depreciation and amortization, shown separately | ||||||||||||||||||||||||||||||||||||||||||
(*) exclusive of depreciation and amortization, shown separately | ||||||||||||||||||||||||||||||||||||||||||
revenue | ||||||||||||||||||||||||||||||||||||||||||
costs and expenses |
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