XML 9 R4.htm IDEA: XBRL DOCUMENT v3.25.3
Unaudited Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Oct. 01, 2024
Sep. 30, 2025
Oct. 01, 2024
Income Statement [Abstract]        
Revenues $ 330,157 $ 325,702 $ 1,043,727 $ 1,012,963
Restaurant operating costs (excluding depreciation and amortization):        
Cost of sales 84,904 86,673 262,527 261,462
Labor and benefits 122,343 120,718 377,369 372,048
Occupancy and operating 81,589 80,322 244,800 236,746
General and administrative 22,432 20,960 65,934 64,561
Depreciation and amortization 19,311 18,193 56,324 54,229
Restaurant opening 0 1,115 663 2,005
Loss on disposal and impairment of assets, net 575 329 943 3,041
Total costs and expenses 331,154 328,310 1,008,560 994,092
(Loss) income from operations (997) (2,608) 35,167 18,871
Other (expense) income:        
Interest expense, net (1,183) (1,342) (3,685) (4,012)
Other income, net (1) [1] 1,181 763 4,881 4,231
Total other (expense) income (2) (579) 1,196 219
(Loss) income before income taxes (999) (3,187) 36,363 19,090
Income tax (benefit) expense (1,464) (260) 198 (2,863)
Net income (loss) $ 465 $ (2,927) $ 36,165 $ 21,953
Net income (loss) per share:        
Basic $ 0.02 $ (0.13) $ 1.62 $ 0.94
Diluted $ 0.02 $ (0.13) $ 1.58 $ 0.92
Weighted average number of shares outstanding:        
Basic 21,893 23,111 22,265 23,246
Diluted 22,483 23,111 22,910 23,864
[1] For the thirteen weeks ended September 30, 2025 and October 1, 2024, related party costs included in other income, net was an equity method investment income of $152,000 and loss of $88,000, respectively. For the thirty-nine weeks ended September 30, 2025 and October 1, 2024, related party costs included in other income, net was an equity method investment loss of $73,000 and $381,000, respectively. See Note 10 for further information.