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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 28, 2025
Sep. 29, 2024
Sep. 28, 2025
Sep. 29, 2024
Revenues:        
Total revenues $ 316,022 $ 251,609 $ 906,149 $ 752,619
Restaurant operating expenses (exclusive of depreciation and amortization shown below):        
Food and beverage costs 69,730 55,865 208,355 163,852
Labor and other related expenses 102,387 83,756 300,451 247,332
Other restaurant operating expenses 50,140 38,891 141,002 113,232
Occupancy expenses 25,891 21,075 73,849 60,733
Pre-opening expenses 3,813 2,387 9,980 5,782
General and administrative expenses 33,746 27,680 97,150 82,527
Depreciation and amortization 19,662 15,153 54,355 41,960
Impairments and loss on disposal of assets 175 114 311 386
Transaction expenses, net 428 375 2,220 1,769
Total operating costs and expenses 305,972 245,296 887,673 717,573
Income from operations 10,050 6,313 18,476 35,046
Interest expense (4,567) (3,441) (11,904) (9,421)
Other income, net 191 624 1,141 1,663
Income before income taxes 5,674 3,496 7,713 27,288
Income tax expense (2,683) (1,384) (3,445) (9,062)
Net income 2,991 2,112 4,268 18,226
Net income 2,991 2,112 4,268 18,226
Other comprehensive income (loss)        
Unrealized gain (loss) on derivatives 88 (3,560) (920) (2,421)
Income tax related to other comprehensive income (loss) (22) 888 229 604
Comprehensive income (loss) $ 3,057 $ (560) $ 3,577 $ 16,409
Net income per common share - basic (in dollars per share) $ 0.05 $ 0.03 $ 0.07 $ 0.30
Net income per common share - diluted (in dollars per share) $ 0.05 $ 0.03 $ 0.07 $ 0.29
Weighted average common shares outstanding - basic (in shares) 61,027,278 60,428,016 60,933,443 60,275,167
Weighted average common shares outstanding - diluted (in shares) 62,834,080 61,851,127 62,798,962 62,343,751
Restaurant sales        
Revenues:        
Total revenues $ 313,636 $ 248,965 $ 898,210 $ 743,730
Franchise revenues        
Revenues:        
Total revenues $ 2,386 $ 2,644 $ 7,939 $ 8,889