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Revenue (Tables)
3 Months Ended
Mar. 28, 2021
Revenue From Contract With Customer [Abstract]  
Summary of Current and Noncurrent Contract Liabilities from Contracts with Customers The opening and closing balances of our current and noncurrent contract liabilities from contracts with customers were as follows:

 

 

 

Current Contract

Liability

 

 

Noncurrent Contract

Liability

 

 

 

(Thousands)

 

 

(Thousands)

 

Beginning balance as of December 27, 2020

 

$

(3,138

)

 

$

(1,707

)

Ending balance as of March 28, 2021

 

 

(2,846

)

 

 

(1,634

)

Decrease in contract liability

 

$

(292

)

 

$

(73

)

Summary of Expected Revenue Recognition Related to Contract Liabilities We expect to recognize revenue related to contract liabilities as follows (in thousands), which may vary based upon franchise activity as well as gift card redemption patterns:

Years Ending

 

Amount

 

2021

 

$

1,500

 

2022

 

 

1,313

 

2023

 

 

216

 

2024

 

 

183

 

2025

 

 

331

 

Thereafter

 

 

937

 

Total revenue recognized

 

$

4,480