Selected Quarterly Financial and Earnings Data (Unaudited) (Tables)

12 Months Ended

Jan. 03, 2021

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Information [Table Text Block]

Selected Quarterly Financial Data (Unaudited)  

	Year Ended January 3, 2021
	First Quarter			Second Quarter			Third Quarter			Fourth Quarter (1)
Restaurant sales	$	351,518	(2)	$	368,418	(2)	$	407,036		$	420,530
Income (loss) from operations	(22,047)		(3)	14,302		(3)	10,228		(3)	1,631		(3)
Net income (loss)	(22,209)			7,842			3,531			(18,627)		(4)
Basic and diluted net loss per share	(0.44)			0.13			0.06			(0.37)
Restaurants open at end of period	1,093			1,092			1,088			1,074
	Year Ended December 29, 2019
	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
Restaurant sales	$	290,789	(5)	$	365,674	(5)	$	398,414		$	397,639
Income (loss) from operations	(5,168)		(5)(6)	2,103		(5)(6)	(1,115)		(5)(6)	(4,563)		(5)(6)
Net loss	(11,469)			(3,732)			(6,812)			(9,906)
Basic and diluted net loss per share	(0.32)			(0.09)			(0.15)			(0.20)
Restaurants open at end of period	845			1,081			1,088			1,101

(1)The fourth quarter of 2020 includes an extra week (see footnote 1)

(2)In the first and second quarters of 2020, the Company's sales were impacted by the onset of the COVID-19 pandemic. Restaurant sales during the last two weeks of March and first two weeks of April showed approximately 30% declines in

comparable sales. The declines began easing mid-April and throughout May, with a return to positive changes in comparable restaurant sales for the month of June.

(3)In fiscal 2020, the Company recorded impairment and other lease charges of $2.9 million in the first quarter, $2.9 million in the second quarter, $2.0 million in the third quarter and $5.0 million in the fourth quarter. The fourth quarter of 2020 included a $2.0 million charge related to the ROFR termination (See Note 5).

(4)In the fourth quarter of 2020, the Company recorded a valuation allowance on certain of its tax credits of $12.9 million (see Note 10).

(5)In fiscal 2019, the Company acquired 233 restaurants in the second quarter in two separate transactions and one restaurant in the third quarter (See Note 2). In fiscal 2019 the Company recorded acquisition and integration costs related to the 2019 acquisitions of $2.6 million in the first quarter, $2.6 million in the second quarter, $2.8 million in the third quarter and $2.8 million in the fourth quarter (See Note 2).

(6)In fiscal 2019, the Company recorded impairment and other lease charges of $0.9 million in the first quarter, $0.4 million in the second quarter, $0.5 million in the third quarter and $1.8 million in the fourth quarter (See Note 5).