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INCOME TAXES (Tables)

6 Months Ended

Jun. 26, 2024

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate Reconciliation

The following table presents the Company’s effective income tax rates:

						Thirteen Weeks Ended												Twenty-Six Weeks Ended
						June 26 2024						June 28 2023						June 26 2024						June 28 2023
Effective income tax rates						23.4		%				4.6		%				22.7		%				17.8		%

Schedule Of Weighted Average Ownership Interest

The Company's weighted average ownership interest in SSE Holdings was as follows:

						Thirteen Weeks Ended												Twenty-Six Weeks Ended
						June 26 2024						June 28 2023						June 26 2024						June 28 2023
Shake Shack's weighted average ownership percentages						93.7		%				93.3		%				93.5		%				93.3		%

Redemption of LLC Interests

The following table summarizes the LLC Interests activity:

						Thirteen Weeks Ended												Twenty-Six Weeks Ended
						June 26 2024						June 28 2023						June 26 2024						June 28 2023
LLC Interests activity under the Company's stock compensation plan
			Number of LLC Interests received by Shake Shack Inc.			18,514						44,341						146,081						139,248
Redemption and acquisition of LLC Interests
			Number of LLC Interests redeemed by non-controlling interest holders			313,077						—						346,577						25,000
			Number of LLC Interests received by Shake Shack Inc.			313,077						—						346,577						25,000
Issuance of Class A common stock
			Shares of Class A common stock issued in connection with redemptions of LLC Interests			313,077						—						346,577						25,000
Cancellation of Class B common stock
			Shares of Class B common stock surrendered and canceled			313,077						—						346,577						25,000

The following table summarizes the LLC Interests acquired by the Company:

						Thirteen Weeks Ended												Twenty-Six Weeks Ended
						June 26 2024						June 28 2023						June 26 2024						June 28 2023
LLC Interests activity under the Company's stock compensation plan						18,514						44,341						146,081						139,248
LLC Interests activity from redemptions of LLC Interests						313,077						—						346,577						25,000
Total LLC Interests acquired by the Company						331,591						44,341						492,658						164,248

Schedule of Deferred Tax Assets

Deferred tax assets related to the basis difference in the Company's investment in SSE Holdings were as follows:

						Thirteen Weeks Ended												Twenty-Six Weeks Ended
						June 26 2024						June 28 2023						June 26 2024						June 28 2023
Deferred tax assets recognized upon acquisition of LLC Interests						$	7,263					$	(251)					$	10,577					$	573

						June 26 2024						December 27 2023
Total deferred tax assets related to the acquisition of LLC Interests						$	101,746					$	90,419

						Thirteen Weeks Ended												Twenty-Six Weeks Ended
						June 26 2024						June 28 2023						June 26 2024						June 28 2023
Deferred tax assets recognized under the Tax Receivable Agreement						$	2,760					$	—					$	3,063					$	129

Schedule Of Obligations Under Tax Receivable Agreement

A summary of obligations under the Tax Receivable Agreement were as follows:

						Thirteen Weeks Ended												Twenty-Six Weeks Ended
						June 26 2024						June 28 2023						June 26 2024						June 28 2023
Additional liabilities recognized under the Tax Receivable Agreement						$	10,150					$	(4)					$	11,265					$	468

						June 26 2024						December 27 2023
Total obligations under the Tax Receivable Agreement						$	246,878					$	235,613

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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.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 12
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-12

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