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Related Party Transactions (Tables)

12 Months Ended

Jan. 03, 2023

Cost of Sales, Occupancy and Operating Expenses

Summary of Amounts Included in Cost of Sales and Occupancy and Operating Expenses and in Accounts Payables Related to Jacmar

The cost of food, beverage, paper products and supplies provided by Jacmar included within restaurant operating costs consisted of the following (in thousands):


	Fiscal Year
	2022				2021				2020
Cost of sales:
Third-party suppliers	$	349,645	100.0	%	$	288,110	100.0	%	$	167,503	85.6	%
Jacmar		—	—			—	0.0			28,070	14.4
Cost of sales	$	349,645	100.0	%	$	288,110	100.0	%	$	195,573	100.0	%

Occupancy and operating:
Third-party suppliers	$	306,150	100.0	%	$	267,888	100.0	%	$	216,831	98.2	%
Jacmar		—	0.0			—	0.0			4,058	1.8
Occupancy and operating	$	306,150	100.0	%	$	267,888	100.0	%	$	220,889	100.0	%

BJ's Act III, LLC

On January 17, 2022, we entered into a consulting agreement for defined services with Act III Management, LLC, an affiliate of BJ’s Act III, LLC, for $100,000, with a possible additional phase for $45,000. During fiscal 2022, we moved forward with the additional phase, and in October we signed an extension to the agreement for a second additional phase for $50,000, bringing the total agreement to $195,000. All phases were completed and the agreement expired on December 31, 2022.

Equity Method Investment

In fiscal 2022, we contributed internally developed software valued at $5.0 million to a company, which our retired Chief Executive Officer and board of directors member is an investor. We have recorded this non-cash contribution, in exchange for a 20% ownership of the purchasing company, as an investment under “Equity method investment” on our Consolidated

Balance Sheets, and the related gain of $4.9 million under “Loss on disposal and impairment of assets, net” on our Consolidated Statements of Operations.