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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 26, 2025
Mar. 27, 2024
Revenue    
Total revenue $ 119,177 $ 116,153
Cost of operations    
Food and paper cost 24,739 25,619
Labor and related expenses 32,179 30,580
Occupancy and other operating expenses 25,673 23,865
Company restaurant expenses 82,591 80,064
General and administrative expenses 11,263 11,925
Franchise expenses 12,442 10,602
Depreciation and amortization 3,887 3,851
Loss on disposal of assets 11 41
Gain on recovery of insurance proceeds, property, equipment and expenses   (41)
Impairment and closed-store reserves 11 32
Total expenses 110,205 106,474
Income from operations 8,972 9,679
Interest expense, net 1,176 1,564
Income tax receivable agreement (income) expense 0 0
Income before provision for income taxes 7,796 8,115
Provision for income taxes 2,315 2,203
Net income $ 5,481 $ 5,912
Net income per share    
Basic (usd per share) $ 0.19 $ 0.19
Diluted (usd per share) $ 0.19 $ 0.19
Weighted-average shares used in computing net income per share    
Basic (shares) 29,085,836 30,777,769
Diluted (shares) 29,337,906 30,937,226
Company-operated restaurant revenue    
Revenue    
Total revenue $ 98,365 $ 97,153
Franchise revenue    
Revenue    
Total revenue 13,183 11,348
Franchise advertising fee revenue    
Revenue    
Total revenue $ 7,629 $ 7,652