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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 27, 2024
Mar. 29, 2023
Revenue    
Total revenue $ 116,153 $ 114,526
Cost of operations    
Food and paper cost 25,619 26,902
Labor and related expenses 30,580 31,541
Occupancy and other operating expenses 23,865 24,886
Gain on recovery of insurance proceeds, lost profits, net   (151)
Company restaurant expenses 80,064 83,178
General and administrative expenses 11,925 11,199
Franchise expenses 10,602 9,032
Depreciation and amortization 3,851 3,637
Loss on disposal of assets 41 30
Gain on recovery of insurance proceeds, property, equipment and expenses (41) (242)
Gain on disposition of restaurants   (136)
Impairment and closed-store reserves 32 77
Total expenses 106,474 106,775
Income from operations 9,679 7,751
Interest expense, net 1,564 1,004
Income tax receivable agreement income   (122)
Income before provision for income taxes 8,115 6,869
Provision for income taxes 2,203 1,951
Net income $ 5,912 $ 4,918
Net income per share    
Basic (usd per share) $ 0.19 $ 0.14
Diluted (usd per share) $ 0.19 $ 0.13
Weighted-average shares used in computing net income per share    
Basic (shares) 30,777,769 36,234,105
Diluted (shares) 30,937,226 36,478,158
Company-operated restaurant revenue    
Revenue    
Total revenue $ 97,153 $ 97,873
Franchise revenue    
Revenue    
Total revenue 11,348 9,672
Franchise advertising fee revenue    
Revenue    
Total revenue $ 7,652 $ 6,981