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Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Schedule of future minimum rental payments for operating leases

As of December 31, 2024, maturities of lease liabilities under existing operating leases are:

						Restaurant						Other						Total
2025						$	143,038					$	6,543					$	149,581
2026						137,148						5,924						143,072
2027						132,523						4,851						137,374
2028						128,448						2,221						130,669
2029						123,296						1,289						124,585
Thereafter						1,183,069						6,619						1,189,688
Total lease payments						$	1,847,522					$	27,447					$	1,874,969
Lease discount																		(933,531)
Operating lease liability																		$	941,438

Schedule of components of lease cost

The following table is a summary of the Company’s components of lease cost for fiscal years 2024, 2023 and 2022:

Lease Expense						Statements of Income Location						2024						2023			2022
Operating lease expense - Minimum rentals:
Company-operated restaurants						Occupancy and other operating expenses						$	(139,265)					$	(131,613)		$	(117,723)
Franchised restaurants						Franchised restaurants - occupancy expenses						(47,096)						(47,975)			(44,656)
General and administrative						General and administrative expenses						(8,824)						(8,472)			(6,746)
Subtotal												(195,185)						(188,060)			(169,125)
Variable lease expense - Contingent rentals based on sales:
Company-operated restaurants						Occupancy and other operating expenses						(44,676)						(46,861)			(36,322)
Franchised restaurants						Franchised restaurants - occupancy expenses						(17,117)						(15,603)			(10,810)
Subtotal												(61,793)						(62,464)			(47,132)
Total lease expense												$	(256,978)					$	(250,524)		$	(216,257)

Other information

2024

Weighted-average remaining lease term (years)

Operating leases

9

Weighted-average discount rate

Operating leases

6.5%

Supplemental cash flow information related to leases was as follows:

												2024						2023						2022
Cash paid for the amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases												$	152,267					$	146,816					$	132,452
Financing cash flows from finance leases												1,269						1,031						816
Lease right-of-use asset obtained in exchange for lease obligations:
Operating leases												$	197,477					$	135,893					$	91,350
Finance leases												3,075						4,022						—

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-4

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X

- References

No definition available.

+ Details

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X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

+ Details

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