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Description of Business and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Fiscal Year End Dates

Year-end dates and the number of weeks in each fiscal year are shown in the table below for periods presented in the consolidated financial statements and for the upcoming fiscal year.

Fiscal Year						Year End Date						Number of Weeks in Fiscal Year
Current and Prior Fiscal Years:
2023						December 31, 2023						53
2022						December 25, 2022						52
2021						December 26, 2021						52
Upcoming Fiscal Years:
2024						December 29, 2024						52
2025						December 28, 2025						52

Schedule of Error Corrections and Prior Period Adjustments

CORRECTED CONSOLIDATED BALANCE SHEETS
			December 25, 2022
(in thousands)			As Previously Reported			Adjustment			As Corrected
Unearned revenue			$	43,358		$	3,586		$	46,944
Total current liabilities			216,627			3,586			220,213
Total liabilities			826,770			3,586			830,356
Accumulated deficit			(50,604)			(3,586)			(54,190)
Total stockholders' equity (deficit)			5,375			(3,586)			1,789

CORRECTED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
			Fifty-Two Weeks Ended December 25, 2022
(in thousands)			As Previously Reported			Adjustment			As Corrected
Restaurant revenue			$	1,230,318		$	(129)		$	1,230,189
Franchise and other revenues			16,993			(954)			16,039
Total revenues			1,266,617			(1,083)			1,265,534
Loss before income taxes			(77,053)			(1,083)			(78,136)
Net loss			(77,800)			(1,083)			(78,883)
Net loss per share			(4.91)			(0.07)			(4.98)
Total comprehensive loss			(77,835)			(1,083)			(78,918)
OTHER NON-GAAP INFORMATION:
Adjusted EBITDA			52,789			(679)			52,110

CORRECTED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY
			Fifty-Two Weeks Ended December 25, 2022
(in thousands)			Retained Earnings/(Accumulated Deficit)			Total Shareholders' Equity
As Previously Reported
Balance, December 26, 2021			$	27,196		$	76,974
Net loss			(77,800)			(77,800)
Balance, December 25, 2022			(50,604)			5,375
Adjustments
Balance, December 26, 2021			(2,503)			(2,503)
Net loss			(1,083)			(1,083)
Balance, December 25, 2022			(3,586)			(3,586)
As Corrected
Balance, December 26, 2021			24,693			74,471
Net loss			(78,883)			(78,883)
Balance, December 25, 2022			$	(54,190)		$	1,789

CORRECTED CONSOLIDATED STATEMENTS OF CASH FLOWS
			Fifty-Two Weeks Ended December 25, 2022
(in thousands)			As Previously Reported			Adjustment			As Corrected
Net loss			$	(77,800)		$	(1,083)		$	(78,883)
Gift card breakage			(14,761)			954			(13,807)
Unearned revenue			3,906			129			4,035

CORRECTED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
			Fifty-Two Weeks Ended December 26, 2021
(in thousands)			As Previously Reported			Adjustment			As Corrected
Restaurant revenue			$	1,137,733		$	(90)		$	1,137,643
Franchise and other revenues			7,109			(351)			6,758
Total revenues			1,162,078			(441)			1,161,637
Loss before income taxes			(50,154)			(441)			(50,595)
Net loss			(50,002)			(441)			(50,443)
Net loss per share			(3.19)			(0.03)			(3.22)
Total comprehensive loss			(49,997)			(441)			(50,438)
OTHER NON-GAAP INFORMATION:
Adjusted EBITDA			63,526			(441)			63,085

CORRECTED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY
			Fifty-Two Weeks Ended December 26, 2021
(in thousands)			Retained Earnings			Total Shareholders' Equity
As Previously Reported
Balance, December 27, 2020			$	77,198		$	120,713
Net loss			(50,002)			(50,002)
Balance, December 26, 2021			27,196			76,974
Adjustments
Balance, December 27, 2020			(2,063)			(2,063)
Net loss			(441)			(441)
Balance, December 26, 2021			(2,503)			(2,503)
As Corrected
Balance, December 27, 2020			75,135			118,650
Net loss			(50,443)			(50,443)
Balance, December 26, 2021			$	24,693		$	74,471

CORRECTED CONSOLIDATED STATEMENTS OF CASH FLOWS
			Fifty-Two Weeks Ended December 26, 2021
(in thousands)			As Previously Reported			Adjustment			As Corrected
Net loss			$	(50,002)		$	(441)		$	(50,443)
Gift card breakage			(5,373)			351			(5,022)
Unearned revenue			9,449			90			9,539

Schedule of Estimated Useful Lives for Property and Equipment

The estimated useful lives for property and equipment are:

Buildings			5 years to 20 years
Leasehold improvements			Shorter of lease term or estimated useful life, not to exceed 20 years
Furniture, fixtures, and equipment			5 years to 20 years
Computer equipment			2 years to 5 years

Schedule of Computations for Basic and Diluted Earnings Per Share

Basic weighted average shares outstanding is reconciled to diluted weighted average shares outstanding for the fiscal years ended December 31, 2023, December 25, 2022, and December 26, 2021 as follows (in thousands):

			2023						2022						2021
Basic weighted average shares outstanding			15,835						15,840						15,660
Dilutive effect of stock options and awards			—						—						—
Diluted weighted average shares outstanding			15,835						15,840						15,660
Awards excluded due to anti-dilutive effect on diluted earnings per share			1,409						1,481						875

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