PAPA JOHNS INTERNATIONAL INC PZZA Income Statement

Papa johns international inc (PZZA)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08	Dec'07
Revenues:
Company-owned restaurant sales
-	-	-	-	-	-	-	-	-	-	-	533,255	504,330
Variable interest entities restaurant sales
-	-	-	-	-	-	-	-	-	-	-	-	7,131
Franchise royalties
-	-	-	-	-	-	-	-	-	-	-	59,704	55,283
Franchise and development fees
-	-	-	-	-	-	-	-	-	-	-	1,600	4,758
Commissary sales
-	-	-	-	-	-	-	-	-	-	-	431,650	399,099
Other sales
-	-	-	-	-	-	-	-	-	-	-	61,415	61,820
Royalties and franchise and development fees
-	-	-	-	-	-	-	-	-	-	-	12,868	10,314
Restaurant and commissary sales
-	-	-	-	-	-	-	-	-	-	-	25,849	20,860
Total revenues
1,619,248	1,662,871	1,783,359	1,713,620	1,637,375	1,598,149	1,439,022	1,342,653	1,217,882	1,126,397	1,078,550	1,126,341	1,063,595
Costs and expenses:
Income from the franchise cheese-purchasing program, net of noncontrolling interest
-	-	-	-	-	-	-	-	-	5,634	18,079	-	-
Cost of sales
-	-	-	-	-	-	-	-	-	-	-	120,545	112,773
Salaries and benefits
-	-	-	-	-	-	-	-	-	-	-	158,276	152,043
Advertising and related costs
-	-	-	-	-	-	-	-	-	-	-	48,547	47,121
Occupancy costs
-	-	-	-	-	-	-	-	-	-	-	34,973	31,866
Other operating expenses
-	-	-	-	-	-	-	-	-	-	-	72,349	68,460
Total domestic Company-owned restaurant expenses
-	-	-	-	-	-	-	-	-	-	-	434,690	412,263
Variable interest entities restaurant expenses
-	-	-	-	-	-	-	-	-	-	-	-	6,018
Cost of sales
-	-	-	-	-	-	-	-	-	-	-	365,018	332,163
Salaries and benefits
-	-	-	-	-	-	-	-	-	-	-	35,090	34,622
Other operating expenses
-	-	-	-	-	-	-	-	-	-	-	45,732	43,766
Total domestic commissary and other expenses
-	-	-	-	-	-	-	-	-	-	-	445,840	410,551
Loss (income) from the franchise cheese-purchasing program, net of noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	6,296	22,853
International operating expenses
-	-	-	-	-	-	-	-	-	-	-	22,822	18,718
General and administrative expenses
223,460	193,534	150,866	158,135	163,626	147,810	134,228	131,591	111,608	109,954	111,361	99,345	101,340
Other general expenses
-	-	-	-	-	-	6,673	8,313	9,767	9,030	14,346	19,089	6,914
Depreciation and amortization
47,281	46,403	43,668	40,987	40,307	39,965	35,105	32,798	32,681	32,407	31,446	32,773	31,866
Total costs and expenses
1,599,452	1,631,029	1,630,668	1,559,319	1,501,068	1,479,540	1,332,519	1,242,846	1,130,865	1,039,653	983,332	1,060,855	1,010,523
Refranchising and impairment gains (losses), net
4,739	-289	-1,674	10,222	-	-979	-	-	-	-	-	-	-
Operating income
24,535	31,553	151,017	164,523	136,307	117,630	106,503	99,807	87,017	86,744	95,218	65,486	53,072
Legal settlement
-	-	-	-898	12,278	-	-	-	-	-	-	-	-
Investment income
1,104	817	608	785	794	702	589	750	755	875	629	848	1,446
Net interest expense
-	-	-	-7,397	-	-	-	-	-	-	-	-	-
Interest expense
20,593	25,673	11,283	-	5,676	4,077	983	2,162	2,981	5,338	5,653	7,536	7,465
Income (loss) before income taxes
5,046	6,697	140,342	158,809	119,147	114,255	106,109	98,395	84,791	82,281	90,194	58,798	47,053
Income tax expense
-611	2,624	33,817	49,717	37,183	36,558	33,130	32,393	26,324	26,856	28,985	19,980	13,293
Net income (loss) before attribution to noncontrolling interests
5,657	4,073	106,525	109,092	81,964	77,697	72,979	66,002	58,467	55,425	61,209	38,818	33,760
Net income attributable to noncontrolling interests
791	1,599	4,233	6,272	6,282	4,382	3,442	4,342	3,732	3,485	3,756	2,022	1,025
Net income (loss) attributable to the Company
4,866	2,474	102,292	102,820	75,682	73,315	69,537	61,660	54,735	51,940	57,453	36,796	32,735
Calculation of net income (loss) for earnings per share:
Net income (loss) attributable to the Company
4,866	2,474	102,292	102,820	75,682	73,315	69,537	61,660	54,735	51,940	57,453	36,796	32,735
Preferred stock dividends and accretion
12,499	-	-	-	-	-	-	-	-	-	-	-	-
Change in noncontrolling interest redemption value
-	-	1,419	567	65	-44	-510	-	-	-	-	-	-
Net income attributable to participating securities
-	-	423	420	325	402	530	-	-	-	-	-	-
Net income (loss) attributable to common shareholders
-7,633	2,474	103,288	102,967	75,422	72,869	68,497	61,660	54,735	-	-	-	-
Basic earnings (loss) per common share
-0.24	0.08	2.86	2.76	1.91	1.78	1.58	1.31	1.09	1.97	2.07	1.31	1.10
Diluted earnings (loss) per common share
-0.24	0.08	2.83	2.74	1.89	1.75	1.55	1.29	1.08	1.96	2.06	1.30	1.09
Basic weighted average common shares outstanding
31,632	32,083	36,083	37,253	39,458	40,960	43,387	46,916	50,086	26,328	27,738	28,124	29,666
Diluted weighted average common shares outstanding
31,632	32,299	36,522	37,608	40,000	41,718	44,243	47,810	50,620	26,468	27,909	28,264	30,017
Dividends declared per common share
0.90	0.90	0.85	0.75	0.63	0.53	0.25	-	-	-	-	-	-
Revenues - affiliates
-	-	-	-	-	-	3,259	29,310	28,078	24,290	22,473	25,070	24,250
Other income - affiliates
-	-	-	-	-	-	-	-	-	-	57	-	61
Domestic Company-owned restaurants
Total revenues
652,053	692,380	816,718	815,931	756,307	-	-	-	-	-	-	-	-
Operating costs (excluding depreciation and amortization shown separately below):
526,237	577,658	664,640	651,536	604,206	-	-	-	-	-	-	-	-
Refranchising and impairment gains (losses), net
4,700	1,600	-	11,600	-	-	-	-	-	-	-	-	-
North America franchising
Total revenues
71,828	79,293	106,729	102,980	96,056	-	-	-	-	-	-	-	-
North America commissary
Total revenues
612,652	609,866	673,712	623,883	680,321	-	-	-	-	-	-	-	-
Operating costs (excluding depreciation and amortization shown separately below):
569,180	575,103	631,537	579,834	629,423	-	-	-	-	-	-	-	-
International
Total revenues
102,924	110,349	114,021	100,904	104,691	-	-	-	-	-	-	-	-
Operating costs (excluding depreciation and amortization shown separately below):
57,702	67,775	70,622	62,574	63,506	-	-	-	-	-	-	-	-
Other segment
Total revenues
179,791	170,983	72,179	69,922	-	-	-	-	-	-	-	-	-
Operating costs (excluding depreciation and amortization shown separately below):
175,592	170,556	69,335	66,253	-	-	-	-	-	-	-	-	-