RELATED PARTY TRANSACTIONS (Tables)

6 Months Ended

Jun. 30, 2024


	Quarter Ended				Two Quarters Ended
	June 30, 2024		June 25, 2023		June 30, 2024		June 25, 2023
Food, beverage and packaging costs	$	512	$	478	$	1,014	$	1,063
Other operating expenses	138		112		240		226
Net Olo-related costs	$	650	$	590	$	1,254	$	1,289

We are party to a TRA with certain members of Portillo's OpCo that provides for the payment by us of 85% of the amount of tax benefits, if any, that Portillo's Inc. actually realizes or in some cases is deemed to realize as a result of certain transactions. For the two quarters ended June 30, 2024 and June 25, 2023, the Company made TRA payments of $4.4 million relating to tax year 2022 and $0.8 million relating to tax year 2021, respectively. There were no amounts paid under the TRA during the quarters ended June 30, 2024 and June 25, 2023. We expect a payment of $7.2 million relating to tax year 2023 to be paid within the next 12 months.


(in thousands)	June 30, 2024		December 31, 2023
Current portion of Tax Receivable Agreement liability	$	7,230	$	4,428
Tax receivable agreement liability	320,849		295,390