Nathan�s Famous, Inc. (Nathan�s) is engaged in the marketing of the Nathan's Famous brand and the sale of products bearing the Nathan's Famous trademarks through several different channels of distribution. The Company also owns, through its subsidiary NF Treacher�s Corp., the Arthur Treacher�s brand and trademarks. Nathan�s uses the Arthur Treacher�s brand, products and trademarks as a branded seafood menu-line extension for inclusion in certain Nathan�s Famous restaurants. Nathan�s restaurant system consists of 303 franchised units and five Company-owned units located in 28 states, the Cayman Islands and eight foreign countries. Nathan�s Branded Product Program distributes Nathan�s Beef Hot Dogs throughout the United States, the District of Columbia, Puerto Rico, Canada, the US Virgin Islands, Guam and Mexico; and Nathan�s packaged hot dogs and other products are offered for sale in approximately 33,000 supermarkets and club stores in 45 states.