Segment Information

3 Months Ended

Mar. 27, 2022

Segment Reporting [Abstract]

Segment Information

2. Segment Information

The following tables summarize revenues and earnings before interest, taxes, depreciation, amortization and other, which is the measure by which the Company allocates resources to its segments and which the Company refers to as Segment Income, for each of its reportable segments. Intersegment revenues are comprised of sales of food, equipment and supplies from the supply chain segment to the Company-owned stores in the U.S. stores segment. Intersegment sales prices are market based. The “Other” column as it relates to Segment Income below primarily includes corporate administrative costs that are not allocable to a reportable segment, including labor, computer expenses, professional fees, travel and entertainment, rent, insurance and other corporate administrative costs.

	Fiscal Quarters Ended March 27, 2022 and March 28, 2021
	U.S.		Supply		International		Intersegment
	Stores		Chain		Franchise		Revenues			Other			Total
Revenues
2022	$	332,769	$	641,962	$	68,833	$	(32,415	)	$	—		$	1,011,149
2021		348,590		599,177		66,770		(30,839	)		—			983,698
Segment Income
2022	$	97,292	$	46,349	$	55,046	N/A			$	(7,710	)	$	190,977
2021		107,436		52,552		54,468	N/A				(6,088	)		208,368

The following table reconciles total Segment Income to consolidated income before provision for income taxes.

	Fiscal Quarter Ended
	March 27,			March 28,
	2022			2021
Total Segment Income	$	190,977		$	208,368
Depreciation and amortization		(18,976	)		(16,465	)
Loss on sale/disposal of assets		(195	)		(161	)
Non-cash equity-based compensation expense		(7,265	)		(5,204	)
Income from operations		164,541			186,538
Other income		—			2,500
Interest income		49			22
Interest expense		(46,872	)		(39,422	)
Income before provision for income taxes	$	117,718		$	149,638