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Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 30, 2025

Summary of Significant Accounting Policies

Schedule of depreciation and amortization periods

​

​	​	​	​
Buildings and land improvements	​ ​ ​	30 years	​
Leasehold improvements	​	10 to 30 years	​
Furnishings, fixtures and equipment	​	3 to 15 years	(1)
Computer software and equipment	​	5 years	​

(1) Other than certain types of restaurant equipment with estimated useful lives that equal or exceed the reasonably certain lease term, in which case the reasonably certain lease term is utilized.

Schedule of components of intangible assets, net

The following table presents components of intangible assets, net (in thousands):

​	​	​	​	​	​	​
​	​	Fiscal year ended
​	​ ​ ​	December 30, 2025		​ ​ ​	December 31, 2024
Indefinite-lived intangible assets:	​		​	​		​
Goodwill	​	$	1,451	​	$	1,451
Trade names and trademarks	​	​	234,780	​	​	234,566
Transferable alcoholic beverage licenses	​		8,295	​		8,140
Total indefinite-lived intangible assets	​		244,526	​		244,157
Definite-lived intangible assets, net:	​		​	​		​
Licensing agreements	​		3,620	​		4,111
Non-transferable alcoholic beverage licenses	​		3,660	​		3,521
Total definite-lived intangible assets	​		7,280	​		7,632
Total intangible assets, net	​	$	251,806	​	$	251,789

Schedule of basic and diluted net income per share

​

​	​	​	​	​	​	​	​	​	​
​	​ ​ ​	Fiscal Year
​	​ ​ ​	2025		​ ​ ​	2024		​ ​ ​	2023
​	​	(In thousands, except per share data)
​	​	​	​	​	​	​	​	​	​
Net income	​	$	148,427	​	$	156,783	​	$	101,351
​	​	​	​	​	​	​	​	​	​
Basic weighted average shares outstanding	​	​	46,786	​	​	47,789	​	​	48,324
Dilutive effect of equity awards (1)	​	​	1,765	​	​	1,185	​	​	726
Diluted weighted average shares outstanding	​	​	48,551	​	​	48,974	​	​	49,050
​	​	​	​	​	​	​	​	​	​
Basic net income per share	​	$	3.17	​	$	3.28	​	$	2.10
​	​	​	​	​	​	​	​	​	​
Diluted net income per share	​	$	3.06	​	$	3.20	​	$	2.07

(1) Shares of common stock equivalents related to outstanding stock options, restricted stock and restricted stock units of 1.0 million, 2.2 million and 2.9 million for fiscal 2025, 2024 and 2023, respectively, were excluded from the diluted calculation due to their anti-dilutive effect. No shares of common stock equivalents related to the 2026 Notes or 2030 Notes were included in the diluted calculation due to their anti-dilutive effect.

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Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

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