XML 64 R38.htm IDEA: XBRL DOCUMENT v3.25.0.1

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2024

Income Taxes

Schedule of components of our income tax provision

​

​	​	​	​	​	​	​	​	​	​
​	​	Fiscal Year Ended
​		December 31, 2024			December 26, 2023			December 27, 2022
Current:	​	​	​	​	​	​	​	​	​
Federal	​	$	63,816	​	$	21,694	​	$	15,549
State	​		28,992	​		19,105	​		18,120
Foreign	​	​	1,140	​	​	735	​	​	590
Total current	​		93,948	​		41,534	​		34,259
Deferred:	​	​	​	​	​	​	​	​	​
Federal	​		(11,096)	​	​	4,518	​		9,664
State	​		(2,707)	​	​	(1,403)	​		(208)
Total deferred	​		(13,803)	​		3,115	​		9,456
Income tax expense	​	$	80,145	​	$	44,649	​	$	43,715

Schedule of reconciliation of the statutory federal income tax rate to our effective tax rate

​

​	​	​	​	​	​	​	​	​	​
​	​	Fiscal Year Ended
​	​	December 31, 2024		​	December 26, 2023		​	December 27, 2022
Tax at statutory federal rate	​	21.0	%	​	21.0	%	​	21.0	%
State and local tax, net of federal benefit	​	3.6	​	​	3.6	​	​	3.7	​
FICA tip tax credit	​	(8.7)	​	​	(11.1)	​	​	(10.5)	​
Work opportunity tax credit	​	(0.5)	​	​	(1.0)	​	​	(1.3)	​
Share-based compensation	​	(0.9)	​	​	(0.5)	​	​	(0.1)	​
Net income attributable to noncontrolling interests	​	(0.4)	​	​	(0.4)	​	​	(0.4)	​
Officers compensation	​	0.6	​	​	0.6	​	​	0.7	​
Other	​	0.6	​	​	0.3	​	​	0.5	​
Total	​	15.3	%	​	12.5	%	​	13.6	%

Schedule of components of deferred tax assets (liabilities)

​

​	​	​	​	​	​	​
​		December 31, 2024			December 26, 2023
Deferred tax assets:	​	​	​	​	​	​
Deferred revenue—gift cards	​	$	35,915	​	$	32,999
Insurance reserves	​	​	11,768	​	​	8,351
Other reserves	​		2,027	​		1,884
Share-based compensation	​		7,635	​		5,241
Operating lease liabilities	​	​	212,341	​	​	191,422
Deferred compensation	​		26,241	​		21,697
Tax credit carryforwards	​	​	—	​	​	45
Other assets	​		4,430	​		3,907
Total deferred tax asset	​		300,357	​		265,546
Deferred tax liabilities:	​	​	​	​	​	​
Property and equipment	​		(91,161)	​		(90,638)
Goodwill and intangibles	​		(8,693)	​		(9,116)
Operating lease right-of-use asset	​	​	(191,065)	​	​	(171,999)
Other liabilities	​	​	(17,622)	​	​	(16,897)
Total deferred tax liability	​		(308,541)	​		(288,650)
Net deferred tax liability	​	$	(8,184)	​	$	(23,104)

Schedule of reconciliation of the beginning and ending liability for unrecognized tax benefits

​

​	​	​
Balance at December 27, 2022	$	3,925
Additions to tax positions related to prior years		964
Additions to tax positions related to current year	​	139
Reductions due to statute expiration	​	(246)
Reductions due to exam settlement		—
Balance at December 26, 2023		4,782
Additions to tax positions related to prior years	​	317
Additions to tax positions related to current year		383
Reductions due to statute expiration		—
Reductions due to exam settlement	​	(221)
Balance at December 31, 2024	$	5,261

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-9

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-2

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the change in unrecognized tax benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 217
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-217

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-15A

+ Details

Name:	us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration