In Bojangles' consolidated statements of operations, where are operating and variable lease costs associated with Bojangles restaurant locations included?

According to Bojangles' 2025 Franchise Disclosure Document, operating and variable lease costs specifically for Bojangles restaurant locations are included in two categories within the company's consolidated statements of operations. These costs are accounted for under 'Company-operated restaurant operating costs' and 'costs associated with properties and equipment rentals.' This means that when Bojangles reports its financial performance, the expenses tied to leasing restaurant spaces and related equipment are categorized within these specific line items.

This accounting practice provides transparency into the direct costs associated with running company-owned Bojangles restaurants. By including lease costs in these categories, it allows for a clear view of the expenses related to maintaining and operating the physical locations. This is a standard accounting practice that helps in assessing the profitability and efficiency of company-operated restaurants.

For potential franchisees, understanding where these costs are allocated can be helpful in comparing the financial performance of company-operated stores versus franchised locations. It's important to note that operating and variable lease costs for all other leases are included in general and administrative expenses in the accompanying consolidated statements of operations.