XML 114 R4.htm IDEA: XBRL DOCUMENT v3.25.4
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 25, 2024
Dec. 27, 2023
Revenue      
Total revenue $ 490,046 $ 473,008 $ 468,664
Cost of operations      
Food and paper cost 100,083 100,725 108,250
Labor and related expenses 127,258 127,179 127,244
Occupancy and other operating expenses 106,386 99,280 101,398
Gain on recovery of insurance proceeds, lost profits, net   (300) (327)
Company restaurant expenses 333,727 327,184 336,565
General and administrative expenses 50,258 46,270 42,025
Franchise expenses 47,762 42,307 38,404
Depreciation and amortization 15,966 15,717 15,235
Loss on disposal of assets 277 221 192
Gain on recovery of insurance proceeds, property, equipment and expenses   (41) (247)
Loss (gain) on disposition of restaurants   7 (5,034)
Impairment and closed-store reserves 11 175 1,732
Total expenses 448,001 431,840 428,872
Income from operations 42,045 41,168 39,792
Interest expense, net 4,470 5,899 4,811
Income tax receivable agreement (income) expense   (20) 103
Income before provision for income taxes 37,575 35,289 34,878
Provision for income taxes 11,089 9,605 9,324
Net income $ 26,486 $ 25,684 $ 25,554
Net income per share      
Basic (usd per share) $ 0.91 $ 0.86 $ 0.75
Diluted (usd per share) $ 0.9 $ 0.86 $ 0.74
Weighted-average shares used in computing net income per share      
Basic (shares) 29,178,940 29,850,256 34,253,542
Diluted (shares) 29,396,890 30,034,978 34,374,706
Company-operated restaurant revenue      
Revenue      
Total revenue $ 405,817 $ 396,260 $ 398,437
Franchise revenue      
Revenue      
Total revenue 52,389 45,561 41,002
Franchise advertising fee revenue      
Revenue      
Total revenue $ 31,840 $ 31,187 $ 29,225