Condensed Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 14, 2026 |
Jun. 15, 2025 |
Jun. 14, 2026 |
Jun. 15, 2025 |
|
| Revenues: | ||||
| Revenue | $ 1,194,427 | $ 1,145,144 | $ 2,345,021 | $ 2,257,200 |
| Cost of sales: | ||||
| Cost of sales | 716,199 | 684,174 | 1,402,281 | 1,353,083 |
| Gross margin | 478,228 | 460,970 | 942,740 | 904,117 |
| General and administrative | 115,373 | 107,608 | 226,779 | 216,685 |
| U.S. franchise advertising | 134,903 | 132,201 | 265,432 | 256,176 |
| Refranchising gain | (4,087) | (3,883) | (4,087) | (3,883) |
| Gain on sale of assets | 0 | 0 | (7,780) | 0 |
| Income from operations | 232,039 | 225,044 | 462,396 | 435,139 |
| Other (expense) income | (12,366) | (15,974) | (18,356) | 8,053 |
| Interest income | 1,613 | 3,829 | 4,115 | 7,774 |
| Interest expense | (46,057) | (44,648) | (92,284) | (90,233) |
| Income before provision for income taxes | 175,229 | 168,251 | 355,871 | 360,733 |
| Provision for income taxes | 39,479 | 37,160 | 80,310 | 79,991 |
| Net income | $ 135,750 | $ 131,091 | $ 275,561 | $ 280,742 |
| Earnings per share: | ||||
| Common stock - basic | $ 4.09 | $ 3.84 | $ 8.25 | $ 8.2 |
| Common stock - diluted | $ 4.07 | $ 3.81 | $ 8.21 | $ 8.14 |
| U.S. Stores [Member] | U.S. Company-owned stores [Member] | ||||
| Revenues: | ||||
| Revenue | $ 81,829 | $ 92,456 | $ 163,927 | $ 184,054 |
| Cost of sales: | ||||
| Cost of sales | 72,517 | 78,073 | 144,563 | 154,984 |
| U.S. Stores [Member] | U.S. franchise stores [Member] | ||||
| Revenues: | ||||
| Revenue | 164,165 | 156,261 | 322,179 | 307,261 |
| U.S. Stores [Member] | U.S. franchise advertising [Member] | ||||
| Revenues: | ||||
| Revenue | 134,903 | 132,201 | 265,432 | 256,176 |
| Supply Chain [Member] | Supply Chain Center [Member] | ||||
| Revenues: | ||||
| Revenue | 731,708 | 687,062 | 1,430,681 | 1,356,986 |
| Cost of sales: | ||||
| Cost of sales | 643,682 | 606,101 | 1,257,718 | 1,198,099 |
| International Franchise [Member] | ||||
| Revenues: | ||||
| Revenue | 152,723 | |||
| International Franchise [Member] | International franchise royalties and fees [Member] | ||||
| Revenues: | ||||
| Revenue | $ 81,822 | $ 77,164 | $ 162,802 | $ 152,723 |
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- Definition Other Income Expense No definition available.
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- Definition Refranchising Gains No definition available.
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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 The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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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 other assets. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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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 expense classified as operating and nonoperating. Includes, but is not limited to, cost of borrowing accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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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 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 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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