XML 24 R4.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 29, 2021
Dec. 30, 2020
Dec. 25, 2019
Revenue      
Total revenue $ 454,363 $ 426,087 $ 442,330
Cost of operations      
Food and paper cost 104,394 98,774 109,264
Labor and related expenses 120,308 114,455 116,703
Occupancy and other operating expenses 97,557 92,422 92,005
Gain on recovery of insurance proceeds, lost profits 0 (2,000) 0
Company restaurant expenses 322,259 303,651 317,972
General and administrative expenses 39,852 35,918 40,389
Legal settlements 0 2,566 0
Franchise expenses 32,831 28,761 27,612
Depreciation and amortization 15,176 16,878 17,855
Loss on disposal of assets 289 189 266
Recovery of securities lawsuits related legal expenses and other insurance claims 0 (123) (10,000)
Loss on disposition of restaurants 1,534 0 5,058
Impairment and closed-store reserves 1,087 4,691 4,852
Total expenses 413,028 392,531 404,004
Income from operations 41,335 33,556 38,326
Interest expense, net 1,824 3,292 3,687
Income tax receivable agreement expense 58 139 57
Income before provision for income taxes 39,453 30,125 34,582
Provision for income taxes 10,332 5,651 9,682
Net income $ 29,121 $ 24,474 $ 24,900
Net income per share      
Basic (usd per share) $ 0.81 $ 0.70 $ 0.68
Diluted (usd per share) $ 0.80 $ 0.68 $ 0.67
Weighted-average shares used in computing net income per share      
Basic (shares) 35,973,892 35,193,325 36,739,209
Diluted (shares) 36,446,756 35,796,406 37,441,503
Company-operated restaurant revenue      
Revenue      
Total revenue $ 394,733 $ 374,064 $ 391,112
Franchise revenue      
Revenue      
Total revenue 33,729 29,418 28,819
Franchise advertising fee revenue      
Revenue      
Total revenue $ 25,901 $ 22,605 $ 22,399