Segment Information (Tables)

6 Months Ended

Jun. 18, 2023

Segment Reporting [Abstract]

Financial Information by Operating Segment

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 June 18, 2023 and June 19, 2022
	U.S.		Supply		International		Intersegment
	Stores		Chain		Franchise		Revenues			Other			Total
Revenues
2023	$	338,421	$	641,481	$	70,495	$	(25,770	)	$	—		$	1,024,627
2022		351,681		683,298		66,915		(36,712	)		—			1,065,182
Segment Income
2023	$	123,592	$	60,026	$	58,865	N/A			$	(18,865	)	$	223,618
2022		104,055		53,633		52,890	N/A				(5,621	)		204,957

	Two Fiscal Quarters Ended June 18, 2023 and June 19, 2022
	U.S.		Supply		International		Intersegment
	Stores		Chain		Franchise		Revenues			Other			Total
Revenues
2023	$	668,922	$	1,291,605	$	140,166	$	(51,668	)	$	—		$	2,049,025
2022		684,450		1,325,260		135,748		(69,127	)		—			2,076,331
Segment Income
2023	$	236,275	$	108,541	$	117,004	N/A			$	(34,587	)	$	427,233
2022		201,347		99,982		107,936	N/A				(13,331	)		395,934

In the first quarter of 2023, the Company changed its allocation methodology for certain costs which support certain internally

Reconciliation of Total Segment Income to Consolidated Income Before Provision for Income Taxes

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

	Fiscal Quarter Ended						Two Fiscal Quarters Ended
	June 18,			June 19,			June 18,			June 19,
	2023			2022			2023			2022
Total Segment Income	$	223,618		$	204,957		$	427,233		$	395,934
Depreciation and amortization		(18,561	)		(18,117	)		(36,731	)		(37,093	)
Refranchising loss		—			—			(149	)		—
Loss on sale/disposal of assets		(127	)		(253	)		(402	)		(448	)
Non-cash equity-based compensation expense		(9,527	)		(8,473	)		(17,065	)		(15,738	)
Income from operations		195,403			178,114			372,886			342,655
Other expense		(14,964	)		—			(14,964	)		—
Interest income		2,537			219			4,928			268
Interest expense		(44,932	)		(44,851	)		(91,479	)		(91,723	)
Income before provision for income taxes	$	138,044		$	133,482		$	271,371		$	251,200