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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Jan. 02, 2024
Jan. 03, 2023
CONSOLIDATED STATEMENTS OF INCOME      
Revenues $ 3,581,699 $ 3,439,503 $ 3,303,156
Costs and expenses:      
Food and beverage costs 806,021 803,500 810,926
Labor expenses 1,264,382 1,227,895 1,211,951
Other operating costs and expenses 959,221 922,428 881,627
General and administrative expenses 228,737 217,449 205,753
Depreciation and amortization expenses 101,450 93,136 92,380
Impairment of assets and lease termination expenses 13,647 29,464 31,387
Acquisition-related contingent consideration, compensation and amortization expenses 2,429 11,686 13,368
Preopening costs 27,495 25,379 16,829
Total costs and expenses 3,403,382 3,330,937 3,264,221
Income from operations 178,317 108,566 38,935
Interest expense, net (10,107) (10,160) (7,488)
Other income, net 2,837 1,608 1,445
Income before income taxes 171,047 100,014 32,892
Income tax provision/(benefit) 14,264 (1,337) (10,231)
Net income $ 156,783 $ 101,351 $ 43,123
Net income per common share:      
Basic (in dollars per share) $ 3.28 $ 2.1 $ 0.87
Diluted (Note 1) (in dollars per share) $ 3.2 $ 2.07 $ 0.86
Weighted-average common shares outstanding:      
Basic (in shares) 47,789 48,324 49,815
Diluted (in shares) 48,974 49,050 50,414