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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 29, 2021
Sep. 23, 2020
Sep. 29, 2021
Sep. 23, 2020
Revenue        
Total revenue $ 115,700 $ 110,979 $ 345,406 $ 315,746
Cost of operations        
Food and paper cost 26,698 24,922 78,971 73,357
Labor and related expenses 27,802 28,756 90,060 83,208
Occupancy and other operating expenses 25,108 23,836 74,288 67,867
Gain on recovery of insurance proceeds, lost profits   (2,000)   (2,000)
Company restaurant expenses 79,608 75,514 243,319 222,432
General and administrative expenses 9,357 9,803 30,354 29,599
Franchise expenses 8,545 7,572 24,457 21,110
Depreciation and amortization 3,685 4,092 11,540 12,629
Loss on disposal of assets 83 29 194 156
Recovery of securities lawsuits related legal expenses and other insurance claims       (123)
Impairment and closed-store reserves 167 1,776 1,091 4,615
Loss on disposition of restaurants 10   1,534  
Total expenses 101,455 98,786 312,489 290,418
Income from operations 14,245 12,193 32,917 25,328
Interest expense, net 449 770 1,399 2,583
Income tax receivable agreement (income) expense (19) (144) (69) 26
Income before provision for income taxes 13,815 11,567 31,587 22,719
Provision for income taxes 3,654 1,647 8,644 3,700
Net income $ 10,161 $ 9,920 $ 22,943 $ 19,019
Net income per share        
Basic (usd per share) $ 0.28 $ 0.28 $ 0.64 $ 0.54
Diluted (usd per share) $ 0.28 $ 0.28 $ 0.63 $ 0.53
Weighted-average shares used in computing net income per share        
Basic (shares) 36,067,754 35,471,452 35,930,246 34,989,007
Diluted (shares) 36,525,424 36,064,559 36,457,110 35,609,320
Company-operated restaurant revenue        
Revenue        
Total revenue $ 99,986 $ 97,276 $ 301,117 $ 277,617
Franchise revenue        
Revenue        
Total revenue 8,918 7,781 24,919 21,562
Franchise advertising fee revenue        
Revenue        
Total revenue $ 6,796 $ 5,922 $ 19,370 $ 16,567