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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 30, 2022
Mar. 31, 2021
Revenue    
Total revenue $ 110,048 $ 107,721
Cost of operations    
Food and paper cost 27,732 24,391
Labor and related expenses 32,672 30,732
Occupancy and other operating expenses 23,845 23,844
Company restaurant expenses 84,249 78,967
General and administrative expenses 9,954 10,474
Franchise expenses 8,731 7,751
Depreciation and amortization 3,597 3,938
Loss on disposal of assets 66 26
Impairment and closed-store reserves 131 564
Total expenses 106,728 101,720
Income from operations 3,320 6,001
Interest expense, net 430 517
Income tax receivable agreement income (130) (77)
Income before provision for income taxes 3,020 5,561
Provision for income taxes 905 1,597
Net income $ 2,115 $ 3,964
Net income per share    
Basic (usd per share) $ 0.06 $ 0.11
Diluted (usd per share) $ 0.06 $ 0.11
Weighted-average shares used in computing net income per share    
Basic (shares) 36,225,747 35,795,205
Diluted (shares) 36,480,354 36,424,068
Company-operated restaurant revenue    
Revenue    
Total revenue $ 93,957 $ 94,161
Franchise revenue    
Revenue    
Total revenue 9,255 7,612
Franchise advertising fee revenue    
Revenue    
Total revenue $ 6,836 $ 5,948