v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 25, 2025
Jun. 26, 2024
Jun. 25, 2025
Jun. 26, 2024
Revenue        
Total revenue $ 125,834 $ 122,176 $ 245,011 $ 238,329
Cost of operations        
Food and paper cost 25,496 25,731 50,235 51,350
Labor and related expenses 32,155 32,868 64,334 63,448
Occupancy and other operating expenses 26,741 24,656 52,414 48,521
Company restaurant expenses 84,392 83,255 166,983 163,319
General and administrative expenses 13,532 11,787 24,795 23,712
Franchise expenses 12,627 10,871 25,069 21,473
Depreciation and amortization 3,929 3,870 7,816 7,721
Loss on disposal of assets 43 63 54 104
Gain on recovery of insurance proceeds, net       (41)
Loss on disposition of restaurants   7   7
Impairment and closed-store reserves 6 5 17 37
Total operating expenses 114,529 109,858 224,734 216,332
Income from operations 11,305 12,318 20,277 21,997
Interest expense, net 1,207 1,527 2,383 3,091
Income before provision for income taxes 10,098 10,791 17,894 18,906
Provision for income taxes 2,991 3,158 5,306 5,361
Net income $ 7,107 $ 7,633 $ 12,588 $ 13,545
Net income per share        
Basic (usd per share) $ 0.24 $ 0.25 $ 0.43 $ 0.44
Diluted (usd per share) $ 0.24 $ 0.25 $ 0.43 $ 0.44
Weighted-average shares used in computing net income per share        
Basic (shares) 29,097,871 30,240,170 29,092,409 30,508,970
Diluted (shares) 29,272,394 30,378,048 29,314,443 30,661,830
Company-operated restaurant revenue        
Revenue        
Total revenue $ 104,318 $ 102,307 $ 202,683 $ 199,460
Franchise revenue        
Revenue        
Total revenue 13,372 11,651 26,555 22,999
Franchise advertising fee revenue        
Revenue        
Total revenue $ 8,144 $ 8,218 $ 15,773 $ 15,870