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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 25, 2023
Jun. 26, 2022
Jun. 25, 2023
Jun. 26, 2022
Revenue $ 152,525 $ 124,918 $ 277,587 $ 227,509
Restaurant operating costs (exclusive of depreciation and amortization presented separately below):        
Total restaurant operating costs 121,436 101,775 229,561 190,975
Operating expenses:        
General and administrative 40,350 51,798 75,257 101,997
Depreciation and amortization 14,518 11,305 27,628 21,982
Pre-opening costs 2,302 2,520 5,668 5,032
Non-cash impairment and closure costs 157 182 347 199
Loss on disposal of property and equipment 10 11 58 19
Restructuring charges 4,998 0 5,636 0
Total operating expenses 62,335 65,816 114,594 129,229
Loss from operations (31,246) (42,673) (66,568) (92,695)
Interest income (3,251) (593) (6,313) (761)
Interest expense 18 22 39 45
Other income (1,073) (1,618) (15) (1,863)
Net loss before income taxes (26,940) (40,484) (60,279) (90,116)
Income tax expense 318 20 636 40
Net loss $ (27,258) $ (40,504) $ (60,915) $ (90,156)
Earnings per share:        
Net loss per share basic (in dollars per share) $ (0.24) $ (0.37) $ (0.55) $ (0.82)
Net loss per share diluted (in dollars per share) $ (0.24) $ (0.37) $ (0.55) $ (0.82)
Weighted average shares used in computing net loss per share basic (in shares) 111,585,282 109,679,467 111,441,435 109,575,841
Weighted average shares used in computing net loss per share diluted (in shares) 111,585,282 109,679,467 111,441,435 109,575,841
Food, beverage, and packaging        
Restaurant operating costs (exclusive of depreciation and amortization presented separately below):        
Total restaurant operating costs $ 40,992 $ 33,897 $ 76,579 $ 61,003
Labor and related expenses        
Restaurant operating costs (exclusive of depreciation and amortization presented separately below):        
Total restaurant operating costs 43,513 37,013 82,756 71,315
Occupancy and related expenses        
Restaurant operating costs (exclusive of depreciation and amortization presented separately below):        
Total restaurant operating costs 13,526 11,150 26,156 21,667
Other restaurant operating costs        
Restaurant operating costs (exclusive of depreciation and amortization presented separately below):        
Total restaurant operating costs $ 23,405 $ 19,715 $ 44,070 $ 36,990