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DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 29, 2024
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 29,
2024		December 31,
2023
Reconciliation of cash, cash equivalents and restricted cash:
Cash and cash equivalents
$214,789 $257,230 
Restricted cash, non-current
2,640 125 
Total cash, cash equivalents and restricted cash shown on statement of cash flows
$217,429 $257,355 
Approximately $2.5 million of the restricted cash balance as of December 29, 2024 was associated with letters of credit required by the Company’s workers’ compensation insurance policy. The remaining balance was associated with letters of credit from lease agreements.
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 29,
2024		December 31,
2023
Reconciliation of cash, cash equivalents and restricted cash:
Cash and cash equivalents
$214,789 $257,230 
Restricted cash, non-current
2,640 125 
Total cash, cash equivalents and restricted cash shown on statement of cash flows
$217,429 $257,355 
Approximately $2.5 million of the restricted cash balance as of December 29, 2024 was associated with letters of credit required by the Company’s workers’ compensation insurance policy. The remaining balance was associated with letters of credit from lease agreements.
Summary of Property and Equipment Property and equipment are depreciated using the straight-line method over the following estimated useful lives:
Property and EquipmentUseful Life
Leasehold improvements
Shorter of lease term or estimated asset life
Furniture and fixtures
5 years
Kitchen equipment
5 - 10 years
Computers and other equipment
3 years
A summary of property and equipment is as follows:
(dollar amounts in thousands)December 29,
2024		December 31,
2023
Leasehold improvements
$303,035 $262,191 
Kitchen equipment
107,475 89,814 
Computers and other equipment
44,295 37,984 
Furniture and fixtures
43,045 36,692 
Assets not yet placed in service
38,047 26,269 
Total property and equipment
535,897 452,950 
Less: accumulated depreciation
(239,412)(186,048)
Property and equipment - net
$296,485 $266,902