Revenues (Tables)
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6 Months Ended |
Jun. 25, 2025 |
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| Revenue from Contract with Customer [Abstract] |
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| Schedule of Disaggregation of Revenue |
The following table disaggregates our revenue by sales channel and type of good or service: | | | | | | | | | | | | | | | | | | | | | | | | | | Quarter Ended | | Two Quarters Ended | | | June 25, 2025 | | June 26, 2024 | | June 25, 2025 | | June 26, 2024 | | | (In thousands) | | Company restaurant sales | $ | 58,395 | | | $ | 54,348 | | | $ | 112,295 | | | $ | 106,690 | | | Franchise and license revenue: | | | | | | | | | Royalties | 29,091 | | | 30,014 | | | 56,928 | | | 59,320 | | | Advertising revenue | 19,490 | | | 20,788 | | | 38,563 | | | 38,926 | | | Initial and other fees | 2,804 | | | 2,448 | | | 5,678 | | | 4,264 | | | Occupancy revenue | 7,877 | | | 8,329 | | | 15,830 | | | 16,701 | | Franchise and license revenue | 59,262 | | | 61,579 | | | 116,999 | | | 119,211 | | | Total operating revenue | $ | 117,657 | | | $ | 115,927 | | | $ | 229,294 | | | $ | 225,901 | |
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| Schedule of Components of Lease Income |
Franchise occupancy revenue consisted of the following: | | | | | | | | | | | | | | | | | | | | | | | | | | Quarter Ended | | Two Quarters Ended | | | June 25, 2025 | | June 26, 2024 | | June 25, 2025 | | June 26, 2024 | | | (In thousands) | | Operating lease revenue | $ | 5,848 | | | $ | 6,071 | | | $ | 11,834 | | | $ | 12,199 | | Variable lease revenue | 2,029 | | | 2,258 | | | 3,996 | | | 4,502 | | Total occupancy revenue | $ | 7,877 | | | $ | 8,329 | | | $ | 15,830 | | | $ | 16,701 | |
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| Schedule of Components of the Change in Contract Asset and Contract Liability |
The components of the change in deferred franchise revenue are as follows: | | | | | | | | (In thousands) | | Balance, December 25, 2024 | $ | 16,968 | | | Fees received from franchisees | 589 | | | | Revenue recognized (1) | (1,654) | | | Balance, June 25, 2025 | 15,903 | | | Less current portion included in other current liabilities | 1,985 | | | Deferred franchise revenue included in other noncurrent liabilities | $ | 13,918 | |
(1) Of this amount $1.4 million was included in the deferred franchise revenue balance as of December 25, 2024. The components of the change in contract assets are as follows: | | | | | | | | (In thousands) | | Balance, December 25, 2024 | $ | 6,706 | | | Franchisee deferred costs | 4,604 | | | Contract asset amortization | (712) | | | Balance, June 25, 2025 | 10,598 | | | Less current portion included in other current assets | 1,264 | | | Contract assets included in other noncurrent assets | $ | 9,334 | |
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| Schedule of Deferred Franchise Revenue Recognition |
As of June 25, 2025, deferred franchise revenue, net of contract asset amortization, expected to be recognized in the future is as follows: | | | | | | | (In thousands) | | Remainder of 2025 | $ | 301 | | | 2026 | 833 | | | 2027 | 808 | | | 2028 | 687 | | | 2029 | 589 | | | Thereafter | 2,087 | | | Deferred franchise revenue, net | $ | 5,305 | |
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