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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 23, 2020
Sep. 25, 2019
Sep. 23, 2020
Sep. 25, 2019
Revenue        
Total revenue $ 110,979 $ 112,067 $ 315,746 $ 334,784
Cost of operations        
Food and paper cost 24,922 27,512 73,357 82,550
Labor and related expenses 28,756 29,292 83,208 88,140
Occupancy and other operating expenses 23,836 23,844 67,867 70,103
Gain on recovery of insurance proceeds, lost profits (2,000)   (2,000)  
Company restaurant expenses 75,514 80,648 222,432 240,793
General and administrative expenses 9,803 9,539 29,599 30,235
Franchise expenses 7,572 7,006 21,110 20,692
Depreciation and amortization 4,092 4,343 12,629 13,558
Loss on disposal of assets 29 35 156 213
Recovery of securities lawsuits related legal expenses and other insurance claims     (123) (10,000)
Impairment and closed-store reserves 1,776 367 4,615 1,241
Loss on disposition of restaurants   11   5,062
Total expenses 98,786 101,949 290,418 301,794
Income from operations 12,193 10,118 25,328 32,990
Interest expense, net 770 973 2,583 2,754
Income tax receivable agreement (income) expense (144) (197) 26 (120)
Income before provision for income taxes 11,567 9,342 22,719 30,356
Provision for income taxes 1,647 2,940 3,700 8,954
Net income $ 9,920 $ 6,402 $ 19,019 $ 21,402
Net income per share        
Basic (usd per share) $ 0.28 $ 0.18 $ 0.54 $ 0.57
Diluted (usd per share) $ 0.28 $ 0.18 $ 0.53 $ 0.56
Weighted-average shares used in computing net income per share        
Basic (shares) 35,471,452 35,859,502 34,989,007 37,484,372
Diluted (shares) 36,064,559 36,397,368 35,609,320 38,173,097
Company-operated restaurant revenue        
Revenue        
Total revenue $ 97,276 $ 99,052 $ 277,617 $ 296,341
Franchise revenue        
Revenue        
Total revenue 7,781 7,273 21,562 21,635
Franchise advertising fee revenue        
Revenue        
Total revenue $ 5,922 $ 5,742 $ 16,567 $ 16,808