Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||||
|---|---|---|---|---|---|---|
Jun. 28, 2025 |
Jun. 29, 2024 |
Jun. 28, 2025 |
Jun. 29, 2024 |
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| Revenue: | ||||||
| Total revenue | $ 174,329 | $ 155,699 | $ 345,423 | $ 301,488 | ||
| Costs and expenses: | ||||||
| Cost of sales | [1] | 24,405 | 22,673 | 47,240 | 43,944 | |
| Advertising expenses | 65,533 | 58,548 | 131,328 | 111,740 | ||
| Selling, general and administrative | 32,937 | 28,097 | 64,377 | 53,275 | ||
| Depreciation and amortization | 6,220 | 5,161 | 12,448 | 8,571 | ||
| Loss on disposal of assets | 0 | 0 | 6,535 | 0 | ||
| Total costs and expenses | 129,095 | 114,479 | 261,928 | 217,530 | ||
| Operating income | 45,234 | 41,220 | 83,495 | 83,958 | ||
| Interest expense, net | 8,469 | 5,200 | 17,379 | 9,744 | ||
| Investment income, net | 0 | (471) | (93,839) | (774) | ||
| Income before income tax expense | 36,765 | 36,491 | 159,955 | 74,988 | ||
| Income tax expense | 10,002 | 9,006 | 40,927 | 18,756 | ||
| Net income | $ 26,763 | $ 27,485 | $ 119,028 | $ 56,232 | ||
| Earnings per share | ||||||
| Basic (in USD per share) | $ 0.96 | $ 0.94 | $ 4.23 | $ 1.92 | ||
| Diluted (in USD per share) | $ 0.96 | $ 0.93 | $ 4.21 | $ 1.91 | ||
| Other comprehensive income (loss) | ||||||
| Currency translation adjustment | $ 4,731 | $ (12) | $ 7,990 | $ (36) | ||
| Other comprehensive income (loss) | 4,731 | (12) | 7,990 | (36) | ||
| Comprehensive income | 31,494 | 27,473 | 127,018 | 56,196 | ||
| Royalty revenue, franchise fees and other | ||||||
| Revenue: | ||||||
| Total revenue | 79,889 | 71,160 | 158,664 | 138,257 | ||
| Advertising fees | ||||||
| Revenue: | ||||||
| Total revenue | 61,962 | 54,654 | 124,234 | 104,803 | ||
| Company-owned restaurant sales | ||||||
| Revenue: | ||||||
| Total revenue | $ 32,478 | $ 29,885 | $ 62,525 | $ 58,428 | ||
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- Definition Amount charged to advertising expense for the period, which are expenses incurred with the objective of increasing revenue for a specified brand, product or product line. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Cost of product sold and service rendered, excluding depreciation, depletion, and amortization. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of gain (loss) on sale or disposal of assets, including but not limited to property plant and equipment, intangible assets and equity in securities of subsidiaries or equity method investee. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest income (expense) classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate amount of income from investments (for example, dividends) not considered a component of the entity's core operations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Excludes Selling, General and Administrative Expense. No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature, attributable to parent entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount after tax of other comprehensive income (loss) attributable to parent entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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