Description of Business and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jan. 02, 2022

Accounting Policies [Abstract]

Inventories

Inventories are valued at the lower of cost (on a first-in, first-out basis) or net realizable value. Inventories at January 2, 2022 and January 3, 2021 were comprised of the following:

	January 2, 2022		January 3, 2021
Food	$	61,994	$	57,116
Equipment and supplies		6,334		9,567
Inventories	$	68,328	$	66,683

Estimated Useful Lives of Property, Plant And Equipment Excluding Capital Lease Asset

Estimated useful lives are generally as follows (in years):

Buildings	20
Leasehold and other improvements	5 – 15
Equipment	3 – 15

Schedule of Amortization of Capitalized Software

As of January 2, 2022, scheduled amortization for capitalized software that has been placed in service as of January 2, 2022 is as follows in the table below. As of January 2, 2022, the Company also had $61.0 million of capitalized software that had not yet been placed in service.

2022	$	19,059
2023		10,075
2024		3,522
2025		1,158
2026		768
Thereafter		—
	$	34,582

Schedule of Contract Liabilities Consist of Deferred Franchise Fees and Deferred Development Fees

Changes in deferred franchise fees and deferred development fees in 2021 and 2020 were as follows:

	Fiscal Year Ended
	January 2, 2022			January 3, 2021
Deferred franchise fees and deferred development fees, beginning of period	$	19,090		$	20,463
Revenue recognized during the period		(5,845	)		(6,205	)
New deferrals due to cash received and other		16,449			4,832
Deferred franchise fees and deferred development fees, end of period	$	29,694		$	19,090

Schedule of Revenue Recognition Associated with Deferred Franchise Fees and Deferred Development Fees

The Company expects to recognize revenue associated with deferred franchise fees and deferred development fees as follows in the table below. The Company has applied the sales-based royalty exemption which permits exclusion of variable consideration in the form of sales-based royalties from the disclosure of remaining performance obligations.

2022	$	5,403
2023		5,162
2024		4,855
2025		4,406
2026		4,003
Thereafter		5,865
	$	29,694