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Pay vs Performance Disclosure - USD ($)

12 Months Ended

Dec. 27, 2023

Dec. 28, 2022

Dec. 29, 2021

Dec. 30, 2020

Pay vs Performance Disclosure

Pay vs Performance Disclosure, Table

2023 Pay Versus Performance

As required by SEC rules, we are providing the following information about the relationship between executive compensation actually paid and certain financial performance of the Company. For further information concerning the Company’s variable

pay-for-performance

philosophy and how the Company’s aligns executive compensation with the Company’s performance, refer to the CD&A.


Year	Summary Compensation Table Total for PEO (1)				Compensation Actually Paid to PEO (2)					Average Summary Compensation Table Total for non-PEO NEOs (3)		Average Compensation Actually Paid to non-PEO NEOs (4)		Value of Initial Fixed $100 Investment Based On				Net income (loss) (in millions) (7)			Adjusted EBITDA (in millions) (8)
Year	Kelli F. Valade		John C. Miller		Kelli F. Valade		John C. Miller					Average Compensation Actually Paid to non-PEO NEOs (4)		Total Shareholder Return (5)		Peer Group Total Shareholder Return (6)		Net income (loss) (in millions) (7)			Adjusted EBITDA (in millions) (8)

2023		5,363,088		—		5,033,701		—			1,626,353		1,075,392		54		145		19,945			81,470

2022		3,427,341		4,575,064		3,245,486		(3,059,884	)		1,724,289		384,556		44		104		74,712			77,504

2021		—		6,400,488		—		5,982,906			1,893,720		1,793,436		78		122		78,073			85,582

2020		—		5,340,240		—		1,241,356			1,343,743		579,316		70		117		(5,116	)		26,643

(1)

The dollar amounts reported are (i) for 2023, the amounts of total compensation reported for Ms. Valade, (ii) for 2022, the amounts of total compensation reported for Ms. Valade (our current Chief Executive Officer from June 13, 2022 until December 28, 2022) and the amounts of total compensation reported for Mr. Miller (our former Chief Executive Officer until June 13, 2022), (iii) for 2021 and 2020, the amounts of total compensation reported for Mr. Miller (our Chief Executive Officer in those years) (Ms. Valade and Mr. Miller, together, the “PEOs”) in the “Total” column of the 2023 Summary Compensation Table.

(2)

The dollar amounts reported represent the amount of “compensation actually paid” to the relevant PEO during the applicable year as computed in accordance with SEC rules. The dollar amounts do not reflect the actual amount of compensation earned by or paid to the relevant PEO during the applicable year. In accordance with SEC rules, the following adjustments were made to the relevant PEO’s total compensation for each year to determine the compensation actually paid:


Year	Reported Summary Compensation Table Total for PEO				Minus Reported Value of Equity Awards (a)				Plus Equity Award Adjustments (b)					Compensation Actually Paid to PEO
Year	Ms. Valade		Mr. Miller		Ms. Valade		Mr. Miller		Ms. Valade		Mr. Miller			Ms. Valade		Mr. Miller
2023		5,363,088		—		3,769,067		—		3,439,680		—			5,033,701		—
2022		3,427,341		4,575,064		2,450,288		3,793,071		2,268,433		(3,841,877	)		3,245,486		(3,059,884	)
2021		—		6,400,488		—		4,451,217		—		4,033,635			—		5,982,906
2020		—		5,340,240		—		3,981,133		—		(117,751	)		—		1,241,356

(a)

The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” column in the 2023 Summary Compensation Table for the applicable year.

(b)

The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following: (i) the

year-end

fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the applicable year; (iii) for awards that are granted and vest in the same applicable year, the fair value as of the vesting date; (iv) for awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; (v) for awards granted in prior years that are determined to fail to meet the applicable vesting conditions during the applicable year, a deduction for the amount equal to the fair value at the end of the prior fiscal year; and (vi) the dollar value of any dividends or other earnings paid on stock or option awards in the applicable year prior to the vesting date that are not otherwise reflected in the fair value of such award or included in any other component of total compensation for the applicable year. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. The amounts deducted or added in calculating the equity award adjustments are as follows:


Year	Year End Fair Value of Equity Awards Granted in the Year and Unvested at End of the Year				Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards					Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year				Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year					Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year					Total Equity Award Adjustments
Year	Ms. Valade		Mr. Miller		Ms. Valade		Mr. Miller			Ms. Valade		Mr. Miller		Ms. Valade		Mr. Miller			Ms. Valade		Mr. Miller			Ms. Valade		Mr. Miller
2023		2,682,413		—		100,002		—			506,529		—		150,736		—			—		—			3,439,680		—
2022		2,268,433		329,299		—		(940,011	)		—		145,170		—		(1,482,248	)		—		(1,894,087	)		2,268,433		(3,841,877	)
2021		—		3,695,462				365,396			—		352,198		—		(379,421	)		—		—			—		4,033,635
2020		—		3,313,367				(1,865,425	)		—		41,060		—		(1,606,753	)		—		—			—		(117,751	)

(3)

The dollar amounts reported represent the average of the amounts reported for the Company’s (NEOs) as a group (excluding the relevant PEO or PEOs for the applicable year) in the “Total” column of the Summary Compensation Table in each applicable year. The NEOs included for purposed of calculating the average each year are as follows: (i) for 2023, Mr. Verostek, Ms. Sharps Myers, Mr. Furlow, Mr. Dunn and Mr. Dillon, (ii) for 2022, Mr. Verostek, Mr. Dillon, Ms. Sharps Myers, Mr. Dunn, Mr. Wolfinger, and Mr. Bode, (iii) for 2021, Mr. Verostek, Mr. Wolfinger, Mr. Bode, and Mr. Dillon; and (iv) for 2020, Mr. Verostek, Mr. Wolfinger, Mr. Bode, Mr. Dillon, and Mr. Dunn.

(4)

The dollar amounts reported represent the average amount of “compensation actually paid” to the NEOs as a group (excluding the relevant PEO or PEOs for the applicable year), as computed in accordance with SEC rules. The dollar amounts do not reflect the actual average amount of compensation earned by or paid to the NEOs as a group (excluding the relevant PEO or PEOs for the applicable year) during the applicable year. In accordance with SEC rules, the following adjustments were made to average total compensation for the NEOs as a group (excluding the relevant PEO or PEOs for the applicable year) for each year to determine the compensation actually paid, using the same methodology described above in Note (2):


Year	Average Reported Summary Compensation Table Total for Non-PEO NEOs		Minus Average Reported Value of Equity Awards		Plus Average Equity Award Adjustments (a)			Average Compensation Actually Paid to Non-PEO NEOs
2023		1,626,353		896,617		345,656			1,075,392
2022		1,724,289		883,279		(456,454	)		384,556
2021		1,893,720		1,032,624		932,340			1,793,436
2020		1,343,743		746,809		(17,618	)		579,316

(a)

The amounts deducted or added in calculating the total average equity award adjustments are as follows:


Year	Average Year End Fair Value of Equity Awards Granted in the Year and Unvested at End of the Year		Year over Year Average Change in Fair Value of Outstanding and Unvested Equity Awards			Average Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year		Year over Year Average Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year			Average Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year			Total Average Equity Award Adjustments
2023		399,023		11,143			89,569		(17,776	)		(136,303	)		345,656
2022		239,223		(322,677	)		50,864		(287,777	)		(136,087	)		(456,454	)
2021		857,301		74,153			81,703		(80,817	)		—			932,340
2020		630,026		(378,324	)		3,279		(272,599	)		—			(17,618	)

(5)

Cumulative TSR is calculated by dividing the difference between the Company’s share price at the end and the beginning of the measurement period by the Company’s share price at the beginning of the measurement period. The TSR assumes that $100 was invested in the Company’s stock on December 25, 2019.

(6)

Represents the weighted peer group TSR, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. The peer group consists of the following public companies that operate in the restaurant industry for 2023: BJ’s Restaurants, Inc. (BJRI), Bloomin’ Brands, Inc. (BLMN), Brinker International, Inc. (EAT), Cracker Barrel Old Country Store, Inc. (CBRL), Dine Brands Global, Inc. (DIN), El Pollo Loco Holdings, Inc. (LOCO), Fiesta Restaurant Group, Inc. (FRGI), Jack in the Box Inc. (JACK), Noodles & Company (NDLS), Ruth’s Hospitality Group, Inc. (RUTH), Shake Shack, Inc. (SHAK), Texas Roadhouse, Inc. (TXRH), The Cheesecake Factory Incorporated (CAKE), and Wingstop Inc. (WING). From 2022 to 2023, Del Taco Restaurants, Inc. (TACO) was removed from the peer group because it was acquired and ceased to be publically traded. We periodically revise the peer group to more closely reflect a representative sampling of comparable companies in our industry.

(7)	The dollar amounts reported represent the amount of net income reflected in the Consolidated Financial Statements in our Form 10-K filed with the SEC on February 26, 2024.

(8)	Adjusted EBITDA is a key measure in both our annual and long-term incentive compensation programs. See the CD&A for the definition of Adjusted EBITDA and see Appendix A for a reconciliation to GAAP of Adjusted EBITDA for 2023.

Company Selected Measure Name

Adjusted EBITDA

Named Executive Officers, Footnote

The NEOs included for purposed of calculating the average each year are as follows: (i) for 2023, Mr. Verostek, Ms. Sharps Myers, Mr. Furlow, Mr. Dunn and Mr. Dillon, (ii) for 2022, Mr. Verostek, Mr. Dillon, Ms. Sharps Myers, Mr. Dunn, Mr. Wolfinger, and Mr. Bode, (iii) for 2021, Mr. Verostek, Mr. Wolfinger, Mr. Bode, and Mr. Dillon; and (iv) for 2020, Mr. Verostek, Mr. Wolfinger, Mr. Bode, Mr. Dillon, and Mr. Dunn.

Peer Group Issuers, Footnote

Adjustment To PEO Compensation, Footnote

(2)


Year	Reported Summary Compensation Table Total for PEO				Minus Reported Value of Equity Awards (a)				Plus Equity Award Adjustments (b)					Compensation Actually Paid to PEO
Year	Ms. Valade		Mr. Miller		Ms. Valade		Mr. Miller		Ms. Valade		Mr. Miller			Ms. Valade		Mr. Miller
2023		5,363,088		—		3,769,067		—		3,439,680		—			5,033,701		—
2022		3,427,341		4,575,064		2,450,288		3,793,071		2,268,433		(3,841,877	)		3,245,486		(3,059,884	)
2021		—		6,400,488		—		4,451,217		—		4,033,635			—		5,982,906
2020		—		5,340,240		—		3,981,133		—		(117,751	)		—		1,241,356

(a)

The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” column in the 2023 Summary Compensation Table for the applicable year.

(b)

The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following: (i) the

year-end


Year	Year End Fair Value of Equity Awards Granted in the Year and Unvested at End of the Year				Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards					Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year				Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year					Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year					Total Equity Award Adjustments
Year	Ms. Valade		Mr. Miller		Ms. Valade		Mr. Miller			Ms. Valade		Mr. Miller		Ms. Valade		Mr. Miller			Ms. Valade		Mr. Miller			Ms. Valade		Mr. Miller
2023		2,682,413		—		100,002		—			506,529		—		150,736		—			—		—			3,439,680		—
2022		2,268,433		329,299		—		(940,011	)		—		145,170		—		(1,482,248	)		—		(1,894,087	)		2,268,433		(3,841,877	)
2021		—		3,695,462				365,396			—		352,198		—		(379,421	)		—		—			—		4,033,635
2020		—		3,313,367				(1,865,425	)		—		41,060		—		(1,606,753	)		—		—			—		(117,751	)

Non-PEO NEO Average Total Compensation Amount

$ 1,626,353

$ 1,724,289

$ 1,893,720

$ 1,343,743

Non-PEO NEO Average Compensation Actually Paid Amount

$ 1,075,392

384,556

1,793,436

579,316

Adjustment to Non-PEO NEO Compensation Footnote

(4)


Year	Average Reported Summary Compensation Table Total for Non-PEO NEOs		Minus Average Reported Value of Equity Awards		Plus Average Equity Award Adjustments (a)			Average Compensation Actually Paid to Non-PEO NEOs
2023		1,626,353		896,617		345,656			1,075,392
2022		1,724,289		883,279		(456,454	)		384,556
2021		1,893,720		1,032,624		932,340			1,793,436
2020		1,343,743		746,809		(17,618	)		579,316

(a)

The amounts deducted or added in calculating the total average equity award adjustments are as follows:


Year	Average Year End Fair Value of Equity Awards Granted in the Year and Unvested at End of the Year		Year over Year Average Change in Fair Value of Outstanding and Unvested Equity Awards			Average Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year		Year over Year Average Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year			Average Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year			Total Average Equity Award Adjustments
2023		399,023		11,143			89,569		(17,776	)		(136,303	)		345,656
2022		239,223		(322,677	)		50,864		(287,777	)		(136,087	)		(456,454	)
2021		857,301		74,153			81,703		(80,817	)		—			932,340
2020		630,026		(378,324	)		3,279		(272,599	)		—			(17,618	)

Compensation Actually Paid vs. Total Shareholder Return

Compensation Actually Paid vs. Net Income

Compensation Actually Paid vs. Company Selected Measure

Total Shareholder Return Vs Peer Group

Tabular List, Table


The items listed below represent the four financial measures we use to link compensation actually paid for the year to company performance as further described in our Compensation Discussion and Analysis (CD&A):
Adjusted EBITDA
Domestic system-wide same-restaurant sales change
Relative TSR performance against the companies in the S&P 600 Consumer Discretionary Index
Adjusted EPS growth

Total Shareholder Return Amount

$ 54

Peer Group Total Shareholder Return Amount

145

104

122

117

Net Income (Loss)

$ 19,945,000,000

$ 74,712,000,000

$ 78,073,000,000

$ (5,116,000,000)

Company Selected Measure Amount

81,470,000,000

77,504,000,000

85,582,000,000

26,643,000,000

Measure:: 1

Pay vs Performance Disclosure

Name

Adjusted EBITDA

Non-GAAP Measure Description

Adjusted EBITDA is a key measure in both our annual and long-term incentive compensation programs. See the CD&A for the definition of Adjusted EBITDA and see Appendix A for a reconciliation to GAAP of Adjusted EBITDA for 2023.

Measure:: 2

Pay vs Performance Disclosure

Name

Domestic system-wide same-restaurant sales change

Measure:: 3

Pay vs Performance Disclosure

Name

Relative TSR performance against the companies in the S&P 600 Consumer Discretionary Index

Measure:: 4

Pay vs Performance Disclosure

Name

Adjusted EPS growth