Crafting & Executing Strategy 20th Edition, Case 4 : Papa Johns International, Inc.: Its Strategy in the Pizza Restaurant Industry (ISBN-13: 978-0077720599) Question: Assess companys financial performance using financial ratio analysis. Please explain based on companys key financial ratios from the financial summary given below.

Book Title: Crafting & Executing Strategy 20th Edition, (ISBN-13: 978-0077720599)

Case 4 : Papa Johns International, Inc.: Its Strategy in the Pizza Restaurant Industry

Reply to the comments:

Thanks for trying to share the solution. In the case study, only this financial summary given, please help to analyse based on the limited information given.

(Given for guideline only: eg. Profitability ratios, Liquidity ratios, Leverage ratios, Activity ratios, etc.)

CASE 04 Papa John's International, Inc.: Its Strategy in the Pizza Restaurant Industry Financial Summary for Papa John's International, Inc., 20o9-2013 (in thousands, except per share data) EXHIBIT1 Dec. 29, 2013 (52 weeks) Dec. 30, 2012 (53 weeks) 2011 (52 weeks) Dec. 26, 2010 Dec. 27, 2009 (52 weeks)(52 weeks) Income statement data North America revenues: Domestic company-owned restaurant sales $635,317 $ 592,203 525,841 $503,272 503,818 62,083 Franchise royalties Franchise and development fees Domestic commissary sales Other sales 806 545,924 51,223 73,694 722 508,155 50,912 578,870 53,322 454,506 417,689 54,045 International revenu es: Royalties and franchise and 13,265 development fees Restaurant and commissary sales 16,327 42,231 1,439,022 1,342,653 1,217,882 21,979 66,661 28,223 1,078,550 95,218 53,049 1,126,397 86,744 875 Total revenues 106,503 99,807 87017 Investment income Interest expense Income before income taxes Income tax expense Net income before attribution to 106,109 33,130 98,395 32,393 84,791 26,324 83,310 27,247 26,702 noncontrolling interests Income attributable to 72,979 66,002 58,467 56,063 (4,342) (3,732) (3,756) noncontrolling interests Net income attributable to the Net income attributable to common an $ 69,537$61,660 $ 54,735 $ 52,578 53,729 $ 68,497 61,660 54,735 $ 52,578 53,729 shareholders Basic earnings per common share Earnings per common share- $1.09 $1.08 50,086 50,620 assuming dilution Basic weighted-average common shares outstanding Diluted weighted-average common 43,387 52,656 55,476 47,810 52,936 shares outstanding Dividends declared per common 44,243 Balance sheet data Total assets Total debt Mandatorily redeemable $ 464,291 $ 438,408 390,382 417492 99,017 396,009 99,050 51,489 11,065 3,965 157,900 88,258 noncontrolling interests 10,960 Redeemable noncontrolling interests 7,024 6,380 Total stockholders' equity 205,647 195,608 Source: Papa John's International, Inc., 10-K report, 2013. CASE 04 Papa John's International, Inc.: Its Strategy in the Pizza Restaurant Industry Financial Summary for Papa John's International, Inc., 20o9-2013 (in thousands, except per share data) EXHIBIT1 Dec. 29, 2013 (52 weeks) Dec. 30, 2012 (53 weeks) 2011 (52 weeks) Dec. 26, 2010 Dec. 27, 2009 (52 weeks)(52 weeks) Income statement data North America revenues: Domestic company-owned restaurant sales $635,317 $ 592,203 525,841 $503,272 503,818 62,083 Franchise royalties Franchise and development fees Domestic commissary sales Other sales 806 545,924 51,223 73,694 722 508,155 50,912 578,870 53,322 454,506 417,689 54,045 International revenu es: Royalties and franchise and 13,265 development fees Restaurant and commissary sales 16,327 42,231 1,439,022 1,342,653 1,217,882 21,979 66,661 28,223 1,078,550 95,218 53,049 1,126,397 86,744 875 Total revenues 106,503 99,807 87017 Investment income Interest expense Income before income taxes Income tax expense Net income before attribution to 106,109 33,130 98,395 32,393 84,791 26,324 83,310 27,247 26,702 noncontrolling interests Income attributable to 72,979 66,002 58,467 56,063 (4,342) (3,732) (3,756) noncontrolling interests Net income attributable to the Net income attributable to common an $ 69,537$61,660 $ 54,735 $ 52,578 53,729 $ 68,497 61,660 54,735 $ 52,578 53,729 shareholders Basic earnings per common share Earnings per common share- $1.09 $1.08 50,086 50,620 assuming dilution Basic weighted-average common shares outstanding Diluted weighted-average common 43,387 52,656 55,476 47,810 52,936 shares outstanding Dividends declared per common 44,243 Balance sheet data Total assets Total debt Mandatorily redeemable $ 464,291 $ 438,408 390,382 417492 99,017 396,009 99,050 51,489 11,065 3,965 157,900 88,258 noncontrolling interests 10,960 Redeemable noncontrolling interests 7,024 6,380 Total stockholders' equity 205,647 195,608 Source: Papa John's International, Inc., 10-K report, 2013