Since last quarter, I had the opportunity to visit with managers and roadies at a number of our international franchise restaurants. Also, over the past five weeks, I have been traveling the country meeting with our managing partners during our annual fall tour.

Oct 24, 2024 / receipt, needs a key / Jerry Morgan, CEO | earnings call 2024-10-24 | transcript 82b43c5f-7014-471e-adeb-8d21b9acd94f | chars 1657-1919 | segment 1

The primary drivers of the increased year-over-year G&A spend were a $4.1 million increase in cash and equity compensation and a $2 million increase in meeting and travel expense.

Oct 27, 2022 / receipt, needs a key / Tanya Robinson, CFO | earnings call 2022-10-27 | transcript bd2c51e4-2c79-4c19-b991-ba7d1edd6fcf | chars 8858-9037 | segment 8

So, you know, as we continue to get back into the rhythm of those conferences, the cost on that will be a bit elevated compared to what it was in 22. So outside of that, though, those will really be the bigger things I would call out.

Oct 27, 2022 / receipt, needs a key / Jerry, other | earnings call 2022-10-27 | transcript bd2c51e4-2c79-4c19-b991-ba7d1edd6fcf | chars 22588-22822 | segment 23

The increase in G&A dollars includes $2.8 million of conference expense in the third quarter. While we held our MP Awards celebration this quarter, next year we will return to holding conference during the second quarter.

Oct 28, 2021 / receipt, needs a key / Tonya Robinson, CFO | earnings call 2021-10-28 | transcript d43243ad-c3c7-44a3-b50f-94a81b297517 | chars 9486-9707 | segment 9

So, yeah, from a T&A perspective, I think you continue to see growth, you know, stay moderate. I think as a percentage of revenue, we stay below 5% of revenue is our expectation. So, obviously, we talked a little bit about some costs are ramping back up, travel, which we're really excited to see that ramping back up, getting those meetings going in the restaurants. with our managers and our coaches and things like that has been wonderful to see happening. And, you know, so I would expect, you know, a little bit of increased spend in G&A in 2022 versus 2020. But I think it will still, you know, we'll keep it below 5% of revenue and see some leverage there.

Oct 28, 2021 / receipt, needs a key / Tonya, CFO | earnings call 2021-10-28 | transcript d43243ad-c3c7-44a3-b50f-94a81b297517 | chars 37854-38517 | segment 39

Additional drivers of the G&A increase include cash and equity compensation, which was up $8.2 million, and travel and meeting expense, which was up $1.7 million.

Oct 28, 2021 / receipt, needs a key / Tonya Robinson, CFO | earnings call 2021-10-28 | transcript d43243ad-c3c7-44a3-b50f-94a81b297517 | chars 9708-9870 | segment 9

And then Q3, we will have some additional costs. that we haven't had so far this year related, they're conference-related expenses, so it'll probably be around $4 million that we'll see in Q3.

Jul 29, 2021 / receipt, needs a key / Tanya Robinson, CFO | earnings call 2021-07-29 | transcript a5571271-ce11-49b1-9e31-c6591860be3c | chars 49543-49735 | segment 51

The increase in GMA dollars was primarily driven by an additional $8.2 million of cash and equity compensation and a $1.2 million increase in travel and meeting expense.

Jul 29, 2021 / receipt, needs a key / Tanya Robinson, CFO | earnings call 2021-07-29 | transcript a5571271-ce11-49b1-9e31-c6591860be3c | chars 8829-8998 | segment 9

No, I don't think so. Some of it is, you know, we ran a bit lower as we continue to see meetings and things like that be a bit lower, travel be a bit lower.

Jul 29, 2021 / receipt, needs a key / Chris O'Call, other | earnings call 2021-07-29 | transcript a5571271-ce11-49b1-9e31-c6591860be3c | chars 48961-49117 | segment 50

The increase in G&A dollars was primarily driven by an additional $5.2 million of cash and equity compensation, partially offset by a $2.4 million reduction in travel and meeting expense.

Apr 29, 2021 / receipt, needs a key / Tanya Robinson, CFO | earnings call 2021-04-29 | transcript 5b12c649-9c08-4573-b0d8-25bfc9558434 | chars 9301-9488 | segment 9

The primary drivers of the decrease were a $4.1 million reduction of cash and equity compensation and a $2.2 million reduction in travel and meeting expense.

Feb 18, 2021 / receipt, needs a key / Tonya Robinson, CFO | earnings call 2021-02-18 | transcript 3e26fe6b-1447-4495-9c8a-4fff6b33b7c2 | chars 11286-11443 | segment 11

Outside of that, you know, 21 will have additional costs coming back into the model, whether it's related to conference.

Feb 18, 2021 / receipt, needs a key / Tanya, CFO | earnings call 2021-02-18 | transcript 3e26fe6b-1447-4495-9c8a-4fff6b33b7c2 | chars 19243-19363 | segment 19