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Impairments and Exit Costs (Tables)
6 Months Ended
Jun. 30, 2024
Impairments, Exit Costs and Disposals [Abstract]  
Provision for impaired assets and restaurant closings
The components of Provision for impaired assets and restaurant closings are as follows for the periods indicated:
THIRTEEN WEEKS ENDEDTWENTY-SIX WEEKS ENDED
(dollars in thousands)JUNE 30, 2024JUNE 30, 2024
Impairment losses
U.S. (1)$— $1,852 
International (2)14,048 14,048 
Total impairment losses$14,048 $15,900 
Restaurant closure charges
U.S. (1)$2,135 $11,219 
International (2)78 15 
Total restaurant closure charges2,213 11,234 
Provision for impaired assets and restaurant closings$16,261 $27,134 
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(1)Primarily includes charges in connection with the 2023 Restaurant Closures, as discussed below.
(2)Primarily includes charges in connection with the Q2 2024 decision to close nine restaurants in Hong Kong.
Restructuring and related costs Following is a summary of expenses recognized in the Consolidated Statements of Operations and Comprehensive Income (Loss) for the period indicated (dollars in thousands):
DESCRIPTIONCONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) CLASSIFICATIONTWENTY-SIX WEEKS ENDED
JUNE 30, 2024
Asset impairments and closure chargesProvision for impaired assets and restaurant closings$11,714 
Severance and other expensesGeneral and administrative2,974 
Closure-related labor costsLabor and other related434 
Total (1)
$15,122 
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(1)During the fourth quarter of 2023, the Company recognized $32.4 million of net charges in connection with the 2023 Restaurant Closures.