Papa Johns 2009 Annual Report Download - page 58

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51
The comparable sales base and average weekly sales for 2008 and 2007 for domestic Company-owned
and domestic franchised restaurants consisted of the following:
Company-
owned Franchised
Company-
owned Franchised
Total domestic units (end of period) 592 2,200 648 2,112
Equivalent units 637 2,072 616 2,035
Comparable sales base units 612 1,930 586 1,918
Comparable sales base percentage 96.1% 93.1% 95.1% 94.3%
Average weekly sales - comparable units 16,276$ 13,978$ 16,016$ 13,852$
Average weekly sales - traditional non-comparable units 12,552$ 10,798$ 10,625$ 11,239$
Average weekly sales - non-traditional non-comparable units 7,577$ 26,621$ 8,272$ 25,757$
Average weekly sales - total non-comparable units 11,737$ 13,276$ 10,292$ 13,652$
Average weekly sales - all units 16,098$ 13,930$ 15,739$ 13,841$
Year Ended Year Ended
December 28, 2008 December 30, 2007
Domestic franchise and development fees were $1.6 million in 2008, or a decrease of $3.2 million, from
fees of $4.8 million in 2007, consisting of the following (in thousands, except unit data):
2008 2007
Increase
(Decrease)
Total units opened 98 140 (42)
Units opening with no fees 57 38 19
Unit opening fees 780$ 2,000$ (1,220)$
Franchise renewal fees 445 2,108 (1,663)
Cancellation, transfer and extension fees 375 650 (275)
Total franchise and development fees 1,600$ 4,758$ (3,158)$
Domestic commissary sales increased $30.0 million, or 7.5%, to $429.1 million for 2008, from $399.1
million in 2007, due to increases in the prices of certain commodities, primarily cheese and wheat. Our
commissaries charge a fixed-dollar markup on the cost of cheese and cheese cost is based upon the BIBP
block price, which increased from an average of $1.45 per pound in 2007 to an average of $1.81 per
pound in 2008, a 24.8% increase. Other sales, which include our online and print and promotions
businesses, as well as our insurance agency operations, were $61.4 million and $61.8 million for the
2008 and 2007 periods, respectively.
Our PJUK operations, denominated in British pounds sterling and converted to U.S. dollars, represent
approximately 55% and 64% of international revenues in 2008 and 2007, respectively. International
revenues increased 24.2% to $38.7 million in 2008, from $31.2 million in 2007, reflecting the increase in
both the number and average unit volumes of our Company-owned and franchised restaurants over the
past year.