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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 25, 2019
Sep. 26, 2018
Sep. 25, 2019
Sep. 26, 2018
Revenue        
Total revenue $ 112,067 $ 112,178 $ 334,784 $ 329,567
Cost of operations        
Food and paper cost 27,512 28,349 82,550 84,265
Labor and related expenses 29,292 29,164 88,140 84,682
Occupancy and other operating expenses 23,844 24,187 70,103 69,019
Company restaurant expenses 80,648 81,700 240,793 237,966
General and administrative expenses 9,539 12,186 30,235 37,862
Franchise expenses 7,006 6,342 20,692 18,424
Depreciation and amortization 4,343 4,507 13,558 13,063
Loss on disposal of assets 35 140 213 193
Recovery of securities lawsuits related legal expenses 0 (2,036) (10,000) (6,099)
Asset impairment and closed-store reserves 367 (153) 1,241 6,629
Gain (Loss) on Disposition of Business 11 0 5,062 0
Total expenses 101,949 102,686 301,794 308,038
Income from operations 10,118 9,492 32,990 21,529
Interest expense, net 973 840 2,754 2,688
Income tax receivable agreement income (197) (571) (120) (777)
Income before provision for income taxes 9,342 9,223 30,356 19,618
Provision for income taxes 2,940 2,388 8,954 5,202
Net income $ 6,402 $ 6,835 $ 21,402 $ 14,416
Net income per share        
Basic (usd per share) $ 0.18 $ 0.18 $ 0.57 $ 0.37
Diluted (usd per share) $ 0.18 $ 0.17 $ 0.56 $ 0.37
Weighted-average shares used in computing net income per share        
Basic (shares) 35,859,502 38,602,658 37,484,372 38,516,792
Diluted (shares) 36,397,368 39,205,090 38,173,097 39,102,130
Company-operated restaurant revenue        
Revenue        
Total revenue $ 99,052 $ 100,024 $ 296,341 $ 294,204
Franchise revenue        
Revenue        
Total revenue 7,273 6,665 21,635 19,324
Franchise advertising fee revenue        
Revenue        
Total revenue $ 5,742 $ 5,489 $ 16,808 $ 16,039