Segment Information (Tables)

6 Months Ended

Jun. 16, 2024

Segment Reporting [Abstract]

Financial Information by Operating Segment

The tables below summarize the financial information concerning the Company’s reportable segments for the second quarter and two fiscal quarters of 2024 and the second quarter and two fiscal quarters of 2023. 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 16, 2024 and June 18, 2023
	U.S.		Supply		International		Intersegment
	Stores		Chain		Franchise		Revenues			Other			Total
Revenues
2024	$	364,796	$	686,464	$	73,696	$	(27,220	)	$	—		$	1,097,736
2023		338,421		641,481		70,495		(25,770	)		—			1,024,627
Segment Income
2024	$	129,482	$	64,986	$	59,097	N/A			$	(26,165	)	$	227,400
2023		123,592		60,026		58,865	N/A				(18,865	)		223,618

	Two Fiscal Quarters Ended June 16, 2024 and June 18, 2023
	U.S.		Supply		International		Intersegment
	Stores		Chain		Franchise		Revenues			Other			Total
Revenues
2024	$	718,263	$	1,373,390	$	145,662	$	(54,932	)	$	—		$	2,182,383
2023		668,922		1,291,605		140,166		(51,668	)		—			2,049,025
Segment Income
2024	$	265,590	$	129,563	$	118,429	N/A			$	(44,339	)	$	469,243
2023		236,275		108,541		117,004	N/A				(34,587	)		427,233

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 16,			June 18,			June 16,			June 18,
	2024			2023			2024			2023
Total Segment Income	$	227,400		$	223,618		$	469,243		$	427,233
Depreciation and amortization		(20,349	)		(18,561	)		(40,218	)		(36,731	)
Refranchising loss		(25	)		—			(158	)		(149	)
Loss on sale/disposal of assets		(237	)		(127	)		(327	)		(402	)
Non-cash equity-based compensation expense		(10,686	)		(9,527	)		(22,024	)		(17,065	)
Income from operations		196,103			195,403			406,516			372,886
Other income (expense)		11,398			(14,964	)		(7,301	)		(14,964	)
Interest income		4,219			2,537			7,958			4,928
Interest expense		(44,721	)		(44,932	)		(90,567	)		(91,479	)
Income before provision for income taxes	$	166,999		$	138,044		$	316,606		$	271,371