v3.25.2
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 25, 2025
Jun. 26, 2024
Jun. 25, 2025
Jun. 26, 2024
Revenue:        
Total operating revenue $ 117,657 $ 115,927 $ 229,294 $ 225,901
Costs of company restaurant sales, excluding depreciation and amortization:        
Product costs 15,086 13,632 29,297 26,943
Payroll and benefits 21,869 20,493 42,965 40,967
Occupancy 5,181 4,671 10,240 9,244
Other operating expenses 10,209 8,782 19,868 18,542
Total costs of company restaurant sales, excluding depreciation and amortization 52,345 47,578 102,370 95,696
Costs of franchise and license revenue, excluding depreciation and amortization 29,217 33,428 57,571 60,802
General and administrative expenses 21,445 20,486 41,475 41,708
Depreciation and amortization 4,378 3,735 8,485 7,316
Goodwill impairment charges 0 20 0 20
Operating (gains), losses and other charges, net 1,700 1,565 5,611 1,238
Total operating costs and expenses, net 109,085 106,812 215,512 206,780
Operating income 8,572 9,115 13,782 19,121
Interest expense, net 5,374 4,573 9,802 8,993
Other nonoperating income, net (563) (224) (401) (861)
Income before income taxes 3,761 4,766 4,381 10,989
Provision for income taxes 1,291 1,198 1,585 2,730
Net income $ 2,470 $ 3,568 $ 2,796 $ 8,259
Net income per share - basic (in dollars per share) $ 0.05 $ 0.07 $ 0.05 $ 0.16
Net income per share - diluted (in dollars per share) $ 0.05 $ 0.07 $ 0.05 $ 0.16
Basic weighted average shares outstanding (in shares) 52,059 52,689 52,191 52,879
Diluted weighted average shares outstanding (in shares) 52,131 52,787 52,294 53,002
Company restaurant sales        
Revenue:        
Total operating revenue $ 58,395 $ 54,348 $ 112,295 $ 106,690
Franchise and license revenue        
Revenue:        
Total operating revenue $ 59,262 $ 61,579 $ 116,999 $ 119,211