v3.25.2
Segment Information - Financial Information for the Company’s Reportable Segment (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Jun. 28, 2025
Jun. 29, 2024
Segment Reporting Information [Line Items]        
Total revenue $ 174,329 $ 155,699 $ 345,423 $ 301,488
Cost of sales:        
Total cost of sales [1] 24,405 22,673 47,240 43,944
Advertising expenses 65,533 58,548 131,328 111,740
Selling, general & administrative:        
Stock-based compensation expense     11,500 8,700
Total selling, general and administrative 32,937 28,097 64,377 53,275
Depreciation and amortization 6,220 5,161 12,448 8,571
Loss on disposal of assets 0 0 6,535 0
Interest expense, net 8,469 5,200 17,379 9,744
Investment income, net 0 (471) (93,839) (774)
Income tax expense 10,002 9,006 40,927 18,756
Restaurants Segment        
Segment Reporting Information [Line Items]        
Total revenue 174,329 155,699 345,423 301,488
Cost of sales:        
Food, beverage and packaging costs 11,937 10,695 23,178 20,596
Labor 7,441 6,987 14,594 13,663
Other operating costs 5,821 5,757 11,012 11,167
Vendor rebates (794) (766) (1,544) (1,482)
Total cost of sales 24,405 22,673 47,240 43,944
Advertising expenses 65,533 58,548 131,328 111,740
Selling, general & administrative:        
Transaction costs 0 0 497 0
System implementation costs 1,534 0 2,846 0
Stock-based compensation expense 6,217 4,926 11,529 8,738
Other segment expense 25,186 23,171 49,505 44,537
Total selling, general and administrative 32,937 28,097 64,377 53,275
Depreciation and amortization 6,220 5,161 12,448 8,571
Loss on disposal of assets 0 0 6,535 0
Interest expense, net 8,469 5,200 17,379 9,744
Investment income, net 0 (471) (93,839) (774)
Income tax expense 10,002 9,006 40,927 18,756
Net income 26,763 27,485 119,028 56,232
Royalty revenue, franchise fees and other        
Segment Reporting Information [Line Items]        
Total revenue 79,889 71,160 158,664 138,257
Royalty revenue, franchise fees and other | Restaurants Segment        
Segment Reporting Information [Line Items]        
Total revenue 79,889 71,160 158,664 138,257
Advertising fees        
Segment Reporting Information [Line Items]        
Total revenue 61,962 54,654 124,234 104,803
Advertising fees | Restaurants Segment        
Segment Reporting Information [Line Items]        
Total revenue 61,962 54,654 124,234 104,803
Company-owned restaurant sales        
Segment Reporting Information [Line Items]        
Total revenue 32,478 29,885 62,525 58,428
Company-owned restaurant sales | Restaurants Segment        
Segment Reporting Information [Line Items]        
Total revenue $ 32,478 $ 29,885 $ 62,525 $ 58,428
[1] Cost of sales includes all operating expenses of company-owned restaurants, including advertising expenses, and excludes depreciation and amortization, which are presented separately.