v3.25.2
REVENUE FROM CONTRACTS WITH CUSTOMERS
6 Months Ended
Jun. 29, 2025
Revenue from Contract with Customer [Abstract]  
REVENUE FROM CONTRACTS WITH CUSTOMERS REVENUE FROM CONTRACTS WITH CUSTOMERS
As part of its ongoing franchising efforts, the Company may, from time to time, make opportunistic acquisitions of operating restaurants in order to convert them to franchise locations or acquire existing franchise locations to resell to another franchisee
across all of its brands. The following table summarizes contract liabilities related to the franchise fees as of June 29, 2025 and June 30, 2024 (in thousands).
Thirteen Weeks EndedTwenty-Six Weeks Ended
June 29, 2025June 30, 2024June 29, 2025June 30, 2024
Franchise fees liability at the beginning of the period$4,976 $4,788 $5,025 $4,582 
Revenue recognized(166)(95)(240)(114)
Franchise fees received (returned) during the period(88)325 (63)550 
Franchise fees liability at the end of the period$4,722 $5,018 $4,722 $5,018 
The following table presents disaggregated revenue by the method of recognition (in thousands):
Thirteen Weeks EndedTwenty-Six Weeks Ended
June 29, 2025June 30, 2024June 29, 2025June 30, 2024
Revenue recognized over time
Franchise fees
$166 $95 $240 $114 
Revenue recognized at a point in time
Royalties$5,092 $5,117 $10,278 $10,093 
Advertising fees2,547 2,558 5,138 5,046 
Restaurant sales79,625 83,706 158,028 166,995 
Management fees and other income416 118 1,267 1,407 
Total
$87,680 $91,499 $174,711 $183,541