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Segment Information
 3 Months Ended
Apr. 01, 2025
Segment Reporting [Abstract]  
Segment Information

11. SEGMENT INFORMATION

We currently operate in one operating segment: full-service company-owned restaurants and in one geographic area: the United States of America. We do not have intra-entity sales or transfers. Our revenues are comprised of food and beverage sales from our restaurants, including takeout, delivery and catering sales. Our Chief Operating Decision Maker (“CODM”) is our interim chief executive officer, and he assesses performance and decides how to allocate resources based on income (loss) from operations, which is also reported on our Consolidated Statements of Operations. Additionally, the measure of segment assets is reported on our Consolidated Balance Sheets as total assets. Our CODM uses net income to evaluate income generated from our segment assets and decides whether to reinvest profits into other parts of our business.

Reported segment revenue and expenses is presented below (in thousands):

 

 

 

For the Thirteen Weeks Ended

 

 

 

April 1, 2025

 

 

April 2, 2024

 

Revenues

 

$

347,973

 

 

$

337,334

 

Less:

 

 

 

 

 

 

Cost of sales

 

 

86,435

 

 

 

84,534

 

Labor and benefits

 

 

123,171

 

 

 

122,795

 

Occupancy and operating

 

 

82,777

 

 

 

79,503

 

Other segment items

 

 

22,363

 

 

 

24,371

 

Depreciation and amortization

 

 

18,277

 

 

 

17,873

 

Income from operations

 

 

14,950

 

 

 

8,258

 

 

 

 

 

 

 

 

Reconciliation to net income:

 

 

 

 

 

 

Interest expense, net

 

 

1,230

 

 

 

1,411

 

Other expense (income), net

 

 

61

 

 

 

(696

)

Income tax expense (benefit)

 

 

167

 

 

 

(180

)

Net income

 

$

13,492

 

 

$

7,723