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Income Taxes (Tables)

12 Months Ended

Dec. 25, 2022

Income Tax Disclosure [Abstract]

Schedule of income (loss) before income tax

Loss before income taxes includes the following components for the fiscal years ended December 25, 2022, December 26, 2021, and December 27, 2020 (in thousands):

						2022						2021						2020
U.S.						$	(76,893)					$	(49,978)					$	(262,728)
Foreign						(160)						(176)						(20,824)
Loss before income taxes						$	(77,053)					$	(50,154)					$	(283,552)

Schedule of provision (benefit) for income taxes

The benefit for income taxes for the fiscal years ended December 25, 2022, December 26, 2021, and December 27, 2020 consist of the following (in thousands):

						2022						2021						2020
Current:
Federal						$	374					$	—					$	(60,340)
State						373						(152)						1,354
Foreign						—						—						—
Total current income tax (benefit)						$	747					$	(152)					$	(58,986)
Deferred:
Federal						$	—					$	—					$	44,353
State						—						—						8,086
Foreign						—						—						(937)
Total deferred income tax expense (benefit)						—						—						51,502
Income tax benefit						$	747					$	(152)					$	(7,484)

Schedule of reconciliation of income tax provision that would result from applying the federal statutory rate to income tax provision

The reconciliation between the income tax benefit and the amount of income tax computed by applying the U.S. federal statutory rate to loss before income taxes as shown in the accompanying Consolidated Statements of Operations and Comprehensive Loss for fiscal years ended December 25, 2022, December 26, 2021, and December 27, 2020 is as follows:

						2022						2021						2020
Tax provision at U.S. federal statutory rate						21.0		%				21.0		%				21.0		%
State income taxes						4.0						3.8						3.9
Foreign taxes versus U.S statutory rate						—						—						0.2
Valuation allowance on deferred income tax assets						(24.2)						(25.2)						(27.9)
Impact of CARES Act and related method changes						—						—						5.5
Excess stock options						(1.1)						1.1						(0.1)
Other						(0.7)						(0.4)						—
Effective tax rate						(1.0)		%				0.3		%				2.6		%

Schedule of the Company's total deferred tax assets and liabilities

The Company's federal and state deferred taxes at December 25, 2022 and December 26, 2021 are as follows (in thousands):

						2022						2021
Deferred tax assets:
Leasing transactions						$	115,832					$	126,981
General business and other tax credits						40,802						40,472
Net operating loss carryover						48,341						36,069
Accrued compensation and related costs						8,651						9,738
Goodwill						7,851						8,296
Stock-based compensation						7,309						6,461
Advanced payments						1,371						3,912
Other non-current deferred tax assets						8,726						5,782
Subtotal						238,883						237,711
Valuation allowance						(116,284)						(99,093)
Total						$	122,599					$	138,618
Deferred tax liabilities:
Leasing transactions						$	(97,871)					$	(108,067)
Property and equipment						(11,550)						(17,600)
Supplies inventory						(4,047)						(4,128)
Prepaid expenses						(1,906)						(2,517)
Other non-current deferred tax liabilities						(7,225)						(6,306)
Total						$	(122,599)					$	(138,618)
Net deferred tax asset						$	—					$	—

Schedule of the Company's unrecognized tax benefits

The following table summarizes the Company's unrecognized tax benefits at December 25, 2022, December 26, 2021, and December 27, 2020 (in thousands):

						2022						2021						2020
Beginning of year						$	32					$	80					$	104
Increase due to current year tax positions						177						3						—
Due to decrease to a position taken in a prior year						—						—						(24)
Settlements						—						—						—
Reductions related to lapses in the statute of limitations						(24)						(51)						—
End of year						$	185					32						$	80

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure of the change in unrecognized tax benefits.

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