Delaware		58-1654960
(State or other jurisdiction of		(I.R.S. employer
incorporation or organization)		identification no.)
4300 West Cypress Street
Suite 600
Tampa, FL		33607
(Address of principal executive offices)		(Zip code)

				PAGE
PART I		FINANCIAL INFORMATION
Item 1		Financial Statements
		Consolidated Balance Sheets June 17, 2002 and December 31, 2001		3
		Consolidated Statements of Income and Comprehensive Income Quarters ended June 17, 2002 and June 18, 2001 And Two Quarters ended June 17, 2002 and June 18, 2001		4
		Consolidated Statements of Cash Flows Two Quarters ended June 17, 2002 and June 18, 2001		5
		Notes to Consolidated Financial Statements		6
Item 2		Management’s Discussion and Analysis of Financial Condition and Results of Operations		10
Item 3		Quantitative and Qualitative Disclosures About Market Risk		15
PART II		OTHER INFORMATION
Item 1		Legal proceedings		15
Item 2		Changes in Securities and Use of Proceeds		17
Item 3		Defaults Upon Senior Securities		17
Item 4		Submission of Matters to a Vote of Security Holders		17
Item 5		Other Information		18
Item 6		Exhibits and Reports on Form 8-K		18

		June 17, 2002				December 31, 2001
		(Dollars in thousands)
Current Assets:
Cash and cash equivalents		$	12,482			$	7,159
Restricted cash			3,818				3,482
Accounts, notes and leases receivable, net			2,925				3,420
Inventory			1,052				1,122
Prepaid expenses and other current assets			1,199				2,337
Property and equipment held for sale			2,686				3,230
Total current assets			24,162				20,750
Property and equipment, net			49,030				49,136
Notes receivable, net—less current portion			2,871				3,527
Lease receivable, net—  less current portion			6,089				6,669
Intangible assets, net			45,018				45,189
Other assets, net			1,779				1,989
		$	128,949			$	127,260
Current Liabilities:
Current maturities of long-term debt and obligations under capital leases		$	3,144			$	4,743
Accounts payable			6,062				6,645
Reserves for restaurant relocations and abandoned sites			1,429				1,879
Accrued wages and benefits			2,525				2,271
Accrued liabilities			7,022				7,686
Total current liabilities			20,182				23,224
Long-term debt, less current maturities			22,757				25,192
Obligations under capital leases, less current maturities			6,759				6,981
Long-term reserves for restaurant relocations and abandoned sites			2,528				2,549
Minority interests in joint ventures			239				312
Deferred revenue			4,821				5,440
Other long-term liabilities			4,243				3,938
Total liabilities			61,529				67,636
Stockholders’ Equity:
Preferred stock, $.001 par value, authorized 2,000,000 shares, none issued at June 17, 2002 and December 31, 2001			—				—
Common stock, $.001 par value, authorized 175,000,000 shares, issued 12,220,669 at June 17, 2002 and 10,914,727 at December 31, 2001			12				11
Additional paid-in capital			145,533				143,004
Accumulated deficit			(77,593	)			(82,891	)
			67,952				60,124
Less: Treasury stock, 48,242 at June 17, 2002 and December 31, 2001, at cost			(465	)			(400	)
Note receivable—officer			(67	)			(100	)
Total stockholders’ equity			67,420				59,624
		$	128,949			$	127,260

		Quarter Ended								Two Quarters Ended
		June 17, 2002				June 18, 2001				June 17, 2002				June 18, 2001
		(Dollars in thousands except per share amounts)
REVENUES:
Restaurant sales		$	39,055			$	33,208			$	76,148			$	64,891
Franchise royalty revenue			3,380				3,839				6,702				7,277
Franchise fees and other income			271				190				275				364
Total revenues		$	42,706			$	37,237			$	83,125			$	72,532
COSTS AND EXPENSES:
Restaurant food and paper costs			11,924				11,427				23,171				21,646
Restaurant labor costs			11,904				10,791				23,691				21,214
Restaurant occupancy expenses			2,850				2,698				5,458				5,208
Restaurant depreciation and amortization			1,315				970				2,607				1,940
Other restaurant operating expenses			5,737				4,193				10,403				8,217
General and administrative expenses			2,818				2,893				5,830				5,724
Advertising			2,197				1,933				4,323				3,780
Bad debt expense			100				162				200				341
Non-cash compensation			23				23				46				46
Other depreciation and amortization			155				923				307				1,716
Impairment of long lived assets			492				—				492				—
Restaurant closure expense			38				(255	)			413				(237	)
Gain on sale of assets			(26	)			(179	)			(103	)			(543	)
Total costs and expenses			39,527				35,579				76,838				69,052
Operating income			3,179				1,658				6,287				3,480
OTHER INCOME (EXPENSE):
Interest income			318				456				715				905
Interest expense			(830	)			(1,281	)			(1,644	)			(2,658	)
Income before minority interests and income tax expense			2,667				833				5,358				1,727
Minority interests in operations of joint ventures			(2	)			(22	)			(29	)			(36	)
Income before income tax expense			2,665				811				5,329				1,691
Income tax expense			—				35				—				72
Net income		$	2,665			$	776			$	5,329			$	1,619