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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 26, 2024
Jun. 28, 2023
Jun. 26, 2024
Jun. 28, 2023
Revenue:        
Total operating revenue $ 115,927 $ 116,915 $ 225,901 $ 234,386
Costs of company restaurant sales, excluding depreciation and amortization:        
Product costs 13,632 14,170 26,943 28,209
Payroll and benefits 20,493 20,488 40,967 40,728
Occupancy 4,671 4,080 9,244 8,174
Other operating expenses 8,782 7,830 18,542 15,949
Total costs of company restaurant sales, excluding depreciation and amortization 47,578 46,568 95,696 93,060
Costs of franchise and license revenue, excluding depreciation and amortization 33,428 30,460 60,802 62,847
General and administrative expenses 20,486 20,160 41,708 40,278
Depreciation and amortization 3,735 3,617 7,316 7,273
Goodwill impairment charges 20 0 20 0
Operating (gains), losses and other charges, net 1,565 1,176 1,238 (153)
Total operating costs and expenses, net 106,812 101,981 206,780 203,305
Operating income 9,115 14,934 19,121 31,081
Interest expense, net 4,573 4,402 8,993 8,907
Other nonoperating (income) expense, net (224) (666) (861) 9,427
Income before income taxes 4,766 11,198 10,989 12,747
Provision for income taxes 1,198 2,660 2,730 3,612
Net income $ 3,568 $ 8,538 $ 8,259 $ 9,135
Net income per share - basic (in dollars per share) $ 0.07 $ 0.15 $ 0.16 $ 0.16
Net income per share - diluted (in dollars per share) $ 0.07 $ 0.15 $ 0.16 $ 0.16
Basic weighted average shares outstanding (in shares) 52,689 56,787 52,879 57,212
Diluted weighted average shares outstanding (in shares) 52,787 57,051 53,002 57,423
Company restaurant sales        
Revenue:        
Total operating revenue $ 54,348 $ 54,881 $ 106,690 $ 108,333
Franchise and license revenue        
Revenue:        
Total operating revenue $ 61,579 $ 62,034 $ 119,211 $ 126,053