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Revenues (Tables) | 6 Months Ended
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Jun. 25, 2025
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The following table disaggregates our revenue by sales channel and type of good or service:
| Quarter Ended |  | Two Quarters Ended
| June 25, 2025 |  | June 26, 2024 |  | June 25, 2025 |  | June 26, 2024
| (In thousands)
Company restaurant sales | $ | 58,395 |  |  | $ | 54,348 |  |  | $ | 112,295 |  |  | $ | 106,690 |
Franchise and license revenue: |  |  |  |  |  |  |
Royalties | 29,091 |  |  | 30,014 |  |  | 56,928 |  |  | 59,320 |
Advertising revenue | 19,490 |  |  | 20,788 |  |  | 38,563 |  |  | 38,926 |
Initial and other fees | 2,804 |  |  | 2,448 |  |  | 5,678 |  |  | 4,264 |
Occupancy revenue | 7,877 |  |  | 8,329 |  |  | 15,830 |  |  | 16,701 |
Franchise and license revenue | 59,262 |  |  | 61,579 |  |  | 116,999 |  |  | 119,211 |
Total operating revenue | $ | 117,657 |  |  | $ | 115,927 |  |  | $ | 229,294 |  |  | $ | 225,901 |
Schedule of Components of Lease Income | Franchise occupancy revenue consisted of the following:
| Quarter Ended |  | Two Quarters Ended
| June 25, 2025 |  | June 26, 2024 |  | June 25, 2025 |  | June 26, 2024
| (In thousands)
Operating lease revenue | $ | 5,848 |  |  | $ | 6,071 |  |  | $ | 11,834 |  |  | $ | 12,199 |
Variable lease revenue | 2,029 |  |  | 2,258 |  |  | 3,996 |  |  | 4,502 |
Total occupancy revenue | $ | 7,877 |  |  | $ | 8,329 |  |  | $ | 15,830 |  |  | $ | 16,701 |
Schedule of Components of the Change in Contract Asset and Contract Liability | The components of the change in deferred franchise revenue are as follows:
| (In thousands)
Balance, December 25, 2024 | $ | 16,968 |
Fees received from franchisees | 589 |
Revenue recognized (1) | (1,654) |
Balance, June 25, 2025 | 15,903 |
Less current portion included in other current liabilities | 1,985 |
Deferred franchise revenue included in other noncurrent liabilities | $ | 13,918 |
(1) Of this amount $1.4 million was included in the deferred franchise revenue balance as of December 25, 2024. The components of the change in contract assets are as follows:
| (In thousands)
Balance, December 25, 2024 | $ | 6,706 |
Franchisee deferred costs | 4,604 |
Contract asset amortization | (712) |
Balance, June 25, 2025 | 10,598 |
Less current portion included in other current assets | 1,264 |
Contract assets included in other noncurrent assets | $ | 9,334 |
Schedule of Deferred Franchise Revenue Recognition | As of June 25, 2025, deferred franchise revenue, net of contract asset amortization, expected to be recognized in the future is as follows:
| (In thousands)
Remainder of 2025 | $ | 301 |
2026 | 833 |
2027 | 808 |
2028 | 687 |
2029 | 589 |
Thereafter | 2,087 |
Deferred franchise revenue, net | $ | 5,305 |

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