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Segment Information
 6 Months Ended
Jun. 26, 2024
Segment Reporting [Abstract]  
Segment Information Segment Information
We manage our business by brand and as a result have identified two operating segments, Denny’s and Keke’s. In addition, we have identified Denny’s as a reportable segment. The Denny’s reportable segment includes the results of all company and franchised and licensed Denny’s restaurants. Our Keke’s operating segment, which includes the results of all company and franchised Keke's restaurants, is included in Other.

The primary sources of revenues for all operating segments are the sale of food and beverages at our company restaurants and the collection of royalties, advertising revenue, initial and other fees, including occupancy revenue, from restaurants operated by our franchisees. We do not rely on any major customer as a source of sales and the customers and assets of all operating segments are located predominantly in the United States. There are no material transactions between segments.
Management’s measure of segment income is restaurant-level operating margin. The Company defines restaurant-level operating margin as operating income excluding the following four items: general and administrative expenses, depreciation and amortization, goodwill impairment charges and operating (gains), losses and other charges, net. The Company excludes general and administrative expenses, which include primarily non restaurant-level costs associated with the support of company and franchised restaurants and other activities at their corporate office. The Company excludes depreciation and amortization expense, substantially all of which is related to company restaurant-level assets, because such expenses represent historical sunk costs which do not reflect current cash outlays for the restaurants. The Company excludes operating (gains), losses and other charges, net, to provide a clearer perspective of its ongoing operating performance. Restaurant-level operating margin is used by our chief operating decision maker (“CODM”) to evaluate restaurant-level operating efficiency and performance.

The following tables present revenues by segment and a reconciliation of restaurant-level operating margin to net income:
Quarter EndedTwo Quarters Ended
June 26, 2024June 28, 2023June 26, 2024June 28, 2023
Revenues by operating segment:(In thousands)
Denny’s$109,352 $111,586 $213,363 $223,816 
Other6,575 5,329 12,538 10,570 
Total operating revenue$115,927 $116,915 $225,901 $234,386 
Segment income:
Denny’s$34,075 $37,941 $67,735 $74,581 
Other846 1,946 1,668 3,898 
Total restaurant-level operating margin$34,921 $39,887 $69,403 $78,479 
General and administrative expenses$20,486 $20,160 $41,708 $40,278 
Depreciation and amortization3,735 3,617 7,316 7,273 
Goodwill impairment charges20 — 20 — 
Operating (gains), losses and other charges, net1,565 1,176 1,238 (153)
Total other operating expenses25,806 24,953 50,282 47,398 
Operating income9,115 14,934 19,121 31,081 
Interest expense, net4,573 4,402 8,993 8,907 
Other nonoperating (income) expense, net(224)(666)(861)9,427 
Income before income taxes4,766 11,198 10,989 12,747 
Provision for income taxes1,198 2,660 2,730 3,612 
Net income$3,568 $8,538 $8,259 $9,135 

June 26, 2024December 27, 2023
Segment assets:(In thousands)
Denny’s$333,777 $340,136 
Other126,161 124,682 
Total assets$459,938 $464,818