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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 24, 2023
Sep. 25, 2022
Sep. 24, 2023
Sep. 25, 2022
Revenue $ 153,428 $ 124,026 $ 431,015 $ 351,535
Restaurant operating costs (exclusive of depreciation and amortization presented separately below):        
Total restaurant operating costs 124,315 104,097 353,876 295,072
Operating expenses:        
General and administrative 35,963 41,903 111,220 143,900
Depreciation and amortization 15,682 11,887 43,310 33,869
Pre-opening costs 2,522 3,061 8,190 8,093
Impairment and closure costs 132 1,722 479 1,921
Loss on disposal of property and equipment 489 21 547 40
Restructuring charges 812 14,266 6,448 14,266
Total operating expenses 55,600 72,860 170,194 202,089
Loss from operations (26,487) (52,931) (93,055) (145,626)
Interest income (3,381) (1,644) (9,694) (2,405)
Interest expense 19 23 58 68
Other expense/(income) 1,612 (303) 1,597 (2,166)
Net loss before income taxes (24,737) (51,007) (85,016) (141,123)
Income tax expense 318 20 954 60
Net loss $ (25,055) $ (51,027) $ (85,970) $ (141,183)
Earnings per share:        
Net loss per share basic (in dollars per share) $ (0.22) $ (0.46) $ (0.77) $ (1.29)
Net loss per share diluted (in dollars per share) $ (0.22) $ (0.46) $ (0.77) $ (1.29)
Weighted average shares used in computing net loss per share basic (in shares) 112,179,722 110,375,126 111,687,538 109,848,272
Weighted average shares used in computing net loss per share diluted (in shares) 112,179,722 110,375,126 111,687,538 109,848,272
Food, beverage, and packaging        
Restaurant operating costs (exclusive of depreciation and amortization presented separately below):        
Total restaurant operating costs $ 41,754 $ 34,474 $ 118,333 $ 95,477
Labor and related expenses        
Restaurant operating costs (exclusive of depreciation and amortization presented separately below):        
Total restaurant operating costs 43,750 38,006 126,506 109,321
Occupancy and related expenses        
Restaurant operating costs (exclusive of depreciation and amortization presented separately below):        
Total restaurant operating costs 13,961 11,504 40,117 33,171
Other restaurant operating costs        
Restaurant operating costs (exclusive of depreciation and amortization presented separately below):        
Total restaurant operating costs $ 24,850 $ 20,113 $ 68,920 $ 57,103