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Income Taxes (Tables) | 12 Months Ended
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Dec. 30, 2025
Income Taxes |
Schedule of provision for income taxes | The components of income before income taxes and provision for income taxes pursuant to the disclosure requirements of ASU 2023-09 for year ended December 30, 2025 consisted of the following (in thousands):
​ | ​ | ​ | ​
​ | ​ ​ ​ | 2025
​ | ​ | ​ | ​
United States | ​ | $ | 141,641
Foreign | ​ |  | 21,254
Income before income taxes | ​ | $ | 162,895
​ | ​ | ​ | ​
Income tax provision/(benefit): | ​ |  | ​
Current: | ​ |  | ​
Federal | ​ | $ | 10,083
State | ​ |  | 8,955
Foreign | ​ |  | 2,135
Total current | ​ |  | 21,173
Deferred: | ​ |  | ​
Federal | ​ |  | (6,917)
State | ​ |  | 212
Total deferred | ​ |  | (6,705)
Total provision: | ​ | ​ | ​
Federal | ​ | ​ | 3,166
State | ​ | ​ | 9,167
Foreign | ​ | ​ | 2,135
Total provision | ​ | $ | 14,468
​ The provision for income taxes for fiscal 2024 and 2023 consisted of the following (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ ​ ​ | 2024 | ​ ​ ​ | 2023
​ | ​ | ​ | ​ | ​ | ​ | ​
Income before income taxes | ​ | $ | 171,047 | ​ | $ | 100,014
Income tax provision/(benefit): | ​ | ​ | ​ | ​ | ​ | ​
Current: | ​ | ​ | ​ | ​ | ​ | ​
Federal | ​ | $ | 10,638 | ​ | $ | 7,183
State | ​ |  | 9,688 | ​ |  | 7,195
Total current | ​ |  | 20,326 | ​ |  | 14,378
Deferred: | ​ | ​ | ​ | ​ | ​ | ​
Federal | ​ |  | (7,542) | ​ |  | (15,329)
State | ​ |  | 1,480 | ​ |  | (386)
Total deferred | ​ |  | (6,062) | ​ |  | (15,715)
Total provision/(benefit) | ​ | $ | 14,264 | ​ | $ | (1,337)
Schedule of reconciles the U.S. federal statutory rate to the effective tax rate | The following reconciles the U.S. federal statutory rate to the effective tax rate for fiscal 2025 pursuant to the disclosure requirement of ASU 2023-09 for year ended December 30, 2025 (in thousands, except percentages):
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ ​ ​ | Amount | ​ ​ ​ | Percent |
​ | ​ | ​ | ​ | ​ | ​ | ​
U.S. federal statutory rate | ​ | $ | 34,207 |  | 21.0 | %
Domestic federal | ​ |  | ​ |  | ​ | ​
Tax Credits | ​ |  | ​ |  | ​ | ​
Credit for FICA taxes paid on tips | ​ |  | (35,550) |  | (21.8) | ​
Foreign tax credit | ​ |  | (1,835) |  | (1.1) | ​
Other | ​ |  | (1,809) |  | (1.1) | ​
Nontaxable or nondeductible items | ​ |  | ​ |  | ​ | ​
FICA taxes paid on tips subject to tax credit | ​ |  | 7,466 |  | 4.6 | ​
Non-deductible executive compensation | ​ |  | 3,214 |  | 2.0 | ​
Gain on investments used to fund deferred compensation | ​ |  | (2,957) |  | (1.8) | ​
Loss on debt extinguishment | ​ |  | 2,681 |  | 1.7 | ​
Other | ​ |  | 718 |  | 0.4 | ​
Other | ​ |  | ​ |  | ​ | ​
Equity compensation | ​ |  | (1,759) |  | (1.1) | ​
Other | ​ |  | (964) |  | (0.6) | ​
Domestic state and local income taxes, net of federal benefit (1) | ​ |  | 7,242 |  | 4.4 | ​
Foreign tax effects | ​ |  | 2,135 |  | 1.3 | ​
Changes in unrecognized tax benefits | ​ |  | 1,679 |  | 1.0 | ​
Effective tax rate | ​ | $ | 14,468 |  | 8.9 | %
| (1) | State taxes in California, Arizona and New Jersey made up the majority (greater than 50%) of the tax effect in this category.
​
​ | ​ | ​ | ​ | ​ | ​
​ | ​ ​ ​ | Fiscal Year |
​ | ​ ​ ​ | 2024 | ​ ​ ​ | 2023 |
​ | ​ | ​ | ​ | ​ | ​
U.S. federal statutory rate |  | 21.0 | % | 21.0 | %
State and district income taxes, net of federal benefit |  | 5.0 | ​ | 5.4 | ​
Credit for FICA taxes paid on tips |  | (16.3) | ​ | (24.9) | ​
Other credits and incentives |  | (1.0) | ​ | (2.2) | ​
Deferred compensation |  | (1.6) | ​ | (2.4) | ​
Equity compensation | ​ | 1.2 | ​ | 1.5 | ​
Uncertain tax positions | ​ | (0.9) | ​ | (0.7) | ​
Non-deductible executive compensation | ​ | 1.0 | ​ | 0.8 | ​
Other |  | (0.1) | ​ | 0.2 | ​
Effective tax rate |  | 8.3 | % | (1.3) | %
Schedule of deferred tax assets and liabilities | Following are the temporary differences that created our deferred tax assets and liabilities (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ ​ ​ | December 30, 2025 | ​ ​ ​ | December 31, 2024
Deferred tax assets: | ​ | ​ | ​ | ​ | ​ | ​
Staff member benefits | ​ | $ | 44,656 | ​ | $ | 40,500
Insurance reserves | ​ |  | 15,949 | ​ |  | 15,244
Operating lease liability | ​ | ​ | 344,123 | ​ | ​ | 335,034
Deferred income | ​ |  | 36,874 | ​ |  | 39,248
Tax credit carryforwards | ​ |  | 92,195 | ​ |  | 79,933
Goodwill | ​ |  | 23,074 | ​ |  | 21,393
Stock-based compensation | ​ | ​ | 9,304 | ​ | ​ | 10,788
State and foreign net operating loss carryforwards | ​ | ​ | 1,215 | ​ | ​ | 1,331
Other | ​ | ​ | 922 | ​ | ​ | 867
Subtotal | ​ |  | 568,312 | ​ |  | 544,338
Less: Valuation allowance | ​ |  | (477) | ​ |  | (601)
Total | ​ | $ | 567,835 | ​ | $ | 543,737
​ | ​ | ​ | ​ | ​ | ​ | ​
Deferred tax liabilities: | ​ | ​ | ​ | ​ | ​ | ​
Property and equipment | ​ | $ | (139,097) | ​ | $ | (129,504)
Prepaid expenses | ​ |  | (8,499) | ​ |  | (8,435)
Inventory | ​ |  | (10,055) | ​ |  | (9,194)
Accrued rent | ​ | ​ | (5,865) | ​ | ​ | (5,867)
Operating lease asset | ​ | ​ | (298,662) | ​ | ​ | (291,991)
Other | ​ | ​ | (1,058) | ​ | ​ | (896)
Total | ​ | $ | (463,236) | ​ | $ | (445,887)
​ | ​ | ​ | ​ | ​ | ​ | ​
Net deferred tax asset | ​ | $ | 104,599 | ​ | $ | 97,850
Schedule of income taxes paid | Following is a summary of income taxes paid, net of refunds by jurisdiction pursuant to the disclosure requirements of ASU 2023-09 for the year ended December 30, 2025 (in thousands):
​ | ​ | ​ | ​
​ | ​ ​ ​ | Fiscal Year 2025
​ | ​ | ​ | ​
U.S. federal | ​ | $ | 10,333
U.S. state and local | ​ |  | ​
California | ​ | ​ | 3,138
Other | ​ |  | 7,068
Total U.S. state and local | ​ |  | 10,206
Foreign | ​ |  | 2,240
Total income tax paid, net of refunds | ​ | $ | 22,779
Schedule of reconciliation of our uncertain tax positions | A reconciliation of the beginning and ending amount of our uncertain tax positions is as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ ​ ​ | Fiscal Year
​ | ​ ​ ​ | 2025 | ​ ​ ​ | 2024 | ​ ​ ​ | 2023
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Balance at beginning of year | ​ | $ | 3,396 | ​ | $ | 3,847 | ​ | $ | 3,787
Additions/(reductions) related to prior year tax positions | ​ | ​ | 1,497 | ​ | ​ | (419) | ​ | ​ | 181
Additions/(reductions) related to current period tax positions | ​ |  | 68 | ​ |  | (32) | ​ |  | (121)
Additions/(reductions) related to settlements with taxing authorities | ​ |  | — | ​ |  | — | ​ |  | —
Balance at end of year | ​ | $ | 4,961 | ​ | $ | 3,396 | ​ | $ | 3,847

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