v3.25.1
Segment Reporting
 9 Months Ended
Mar. 30, 2025
Segment Reporting [Abstract]  
Segment Reporting
Note H - Segment Reporting
 
The Company has three reportable operating segments as determined by management using the “management approach” as defined by ASC 280 Disclosures about Segments of an Enterprise and Related Information: (1) Pizza Inn Franchising, (2) Pie Five Franchising and (3) Corporate administration and other. These segments are a result of differences in the nature of the products and services sold. Corporate administration costs, which include, but are not limited to, general accounting, human resources, legal and credit and collections, are partially allocated to the three operating segments.
 
The Pizza Inn and Pie Five Franchising segments establish franchisees, licensees and territorial rights. Revenue for these segments are derived from franchise royalties, franchise fees, sale of area development and foreign master license rights and incentive payments from third-party suppliers and distributors. Assets for these segments include equipment, furniture and fixtures.
Corporate administration and other assets primarily include cash and short-term investments, as well as furniture and fixtures located at the corporate office and trademarks and other intangible assets. All assets are located within the United States.
 
Summarized in the following tables are net operating revenues, depreciation and amortization expense, and income before taxes for the Company’s reportable segments as of the three and nine months ended March 30, 2025 and March 24, 2024 (in thousands):
 
  
Three Months Ended
 
Nine Months Ended
  
March 30, 2025
 
March 24, 2024
 
March 30, 2025
 
March 24, 2024
Net sales and operating revenues:
            
Pizza Inn Franchising
 
$
2,661
  
$
2,498
  
$
7,921
  
$
7,373
 
Pie Five Franchising
  
298
   
441
   
911
   
1,314
 
Corporate administration and other
  
7
   
23
   
53
   
108
 
Consolidated revenues
 
$
2,966
  
$
2,962
  
$
8,885
  
$
8,795
 
                 
Depreciation and amortization:
                
Corporate administration and other
 
$
44
  
$
58
  
$
140
  
$
170
 
Depreciation and amortization
 
$
44
  
$
58
  
$
140
  
$
170
 
                 
Income before taxes:
                
Pizza Inn Franchising
 
$
1,990
  
$
1,828
  
$
5,637
  
$
5,091
 
Pie Five Franchising
  
201
   
299
   
603
   
768
 
Combined
  
2,191
   
2,127
   
6,240
   
5,859
 
Corporate administration and other
  
(1,241
)
  
(1,273
)
  
(3,844
)
  
(3,947
)
Income before taxes
 
$
950
  
$
854
  
$
2,396
  
$
1,912
 
                 
Geographic information (revenues):
                
United States
 
$
2,908
  
$
2,908
  
$
8,693
  
$
8,643
 
Foreign countries
  
58
   
54
   
192
   
152
 
Consolidated revenues
 
$
2,966
  
$
2,962
  
$
8,885
  
$
8,795