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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 26, 2023
Revenues:    
Total revenues $ 242,449 $ 211,406
Restaurant operating expenses (exclusive of depreciation and amortization shown below):    
Food and beverage costs 52,184 46,627
Labor and other related expenses 79,735 68,573
Other restaurant operating expenses 36,792 31,696
Occupancy expenses 19,168 15,934
Pre-opening expenses 1,567 1,036
General and administrative expenses 27,658 22,705
Depreciation and amortization 12,271 9,117
Impairments and loss on disposal of assets 119 134
Transaction expenses, net 669 253
Total operating costs and expenses 230,163 196,075
Income from operations 12,286 15,331
Interest expense (2,599) (1,907)
Other income, net 326 494
Income before income taxes 10,013 13,918
Income tax expense (2,799) (4,558)
Net income 7,214 9,360
Other comprehensive income    
Unrealized gain on derivatives 1,238 0
Income tax related to other comprehensive income (309) 0
Comprehensive income $ 8,143 $ 9,360
Net income per common share - basic (in dollars per share) $ 0.12 $ 0.16
Net income per common share - diluted (in dollars per share) $ 0.12 $ 0.15
Weighted average common shares outstanding - basic (in shares) 60,012,790 59,243,430
Weighted average common shares outstanding - diluted (in shares) 62,476,379 60,597,729
Restaurant sales    
Revenues:    
Total revenues $ 239,308 $ 207,968
Franchise revenues    
Revenues:    
Total revenues $ 3,141 $ 3,438