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

12 Months Ended

Jan. 01, 2023

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 1, 2023 and January 2, 2022 were comprised of the following:

	January 1, 2023		January 2, 2022
Food	$	74,052	$	61,994
Equipment and supplies		7,518		6,334
Inventories	$	81,570	$	68,328

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 1, 2023, scheduled amortization for capitalized software that had been placed in service as of January 1, 2023 is as follows in the table below. As of January 1, 2023, the Company also had $19.4 million of capitalized software that had not yet been placed in service.

2023	$	22,657
2024		16,250
2025		10,336
2026		7,286
2027		6,506
Thereafter		25,990
	$	89,025

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

Changes in deferred franchise fees and deferred development fees in 2022 and 2021 were as follows:

	Fiscal Year Ended
	January 1, 2023			January 2, 2022
Deferred franchise fees and deferred development fees, beginning of period	$	29,694		$	19,090
Revenue recognized during the period		(6,654	)		(5,845	)
New deferrals due to cash received and other		5,185			16,449
Deferred franchise fees and deferred development fees, end of period	$	28,225		$	29,694

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.

2023	$	5,510
2024		5,200
2025		4,847
2026		4,458
2027		2,942
Thereafter		5,268
	$	28,225