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DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

Reconciliation of Cash and Cash Equivalents and Restricted Cash

The reconciliation of cash and cash equivalents and restricted cash presented in the Company’s accompanying consolidated balance sheets to the total amount shown in its consolidated statements of cash flows is as follows:

(dollar amounts in thousands)			December 31, 2023						December 25, 2022
Reconciliation of cash, cash equivalents and restricted cash:
Cash and cash equivalents			$	257,230					$	331,614
Restricted cash, non-current			125						125
Total cash, cash equivalents and restricted cash shown on statement of cash flows			$	257,355					$	331,739

Schedule of Restricted Cash

The reconciliation of cash and cash equivalents and restricted cash presented in the Company’s accompanying consolidated balance sheets to the total amount shown in its consolidated statements of cash flows is as follows:

(dollar amounts in thousands)			December 31, 2023						December 25, 2022
Reconciliation of cash, cash equivalents and restricted cash:
Cash and cash equivalents			$	257,230					$	331,614
Restricted cash, non-current			125						125
Total cash, cash equivalents and restricted cash shown on statement of cash flows			$	257,355					$	331,739

Summary of Property and Equipment

Property and equipment are depreciated using the straight-line method over the following estimated useful lives:

Property and Equipment			Useful Life
Leasehold improvements			Shorter of lease term or estimated asset life
Furniture and fixtures			5 years
Kitchen equipment			5 years
Computers and other equipment			3 years

A summary of property and equipment is as follows:

(dollar amounts in thousands)			December 31, 2023						December 25, 2022
Kitchen equipment			$	89,814					$	71,304
Computers and other equipment			37,984						30,543
Furniture and fixtures			36,692						27,262
Leasehold improvements			262,191						212,825
Assets not yet placed in service			26,269						34,767
Total property and equipment			452,950						376,701
Less: accumulated depreciation			(186,048)						(141,444)
Property and equipment - net			$	266,902					$	235,257

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Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 360
-Publisher FASB
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Tabular disclosure of cash and cash equivalents restricted as to withdrawal or usage.

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Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 944
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(a)(2))
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