v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jul. 01, 2025
Jul. 02, 2024
Jul. 01, 2025
Jul. 02, 2024
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
Revenues $ 955,825 $ 904,042 $ 1,883,022 $ 1,795,265
Costs and expenses:        
Food and beverage costs 205,843 201,694 408,104 404,947
Labor expenses 333,519 317,282 664,594 638,212
Other operating costs and expenses 255,722 239,097 502,147 472,638
General and administrative expenses 58,778 54,384 118,710 114,750
Depreciation and amortization expenses 26,860 24,960 52,942 49,716
Impairment of assets and lease termination expenses/(income) 222 (188) 600 1,895
Acquisition-related contingent consideration, compensation and amortization expenses 1,012 1,146 2,010 2,267
Preopening costs 9,047 6,975 17,134 12,855
Total costs and expenses 891,003 845,350 1,766,241 1,697,280
Income from operations 64,822 58,692 116,781 97,985
Interest expense, net (2,873) (2,761) (5,201) (5,539)
Loss on extinguishment of debt     (15,891)  
Other income, net 280 413 1,023 1,430
Income before income taxes 62,229 56,344 96,712 93,876
Income tax provision 7,417 3,900 8,959 8,241
Net income $ 54,812 $ 52,444 $ 87,753 $ 85,635
Net income per share:        
Basic (in dollars per share) $ 1.18 $ 1.1 $ 1.87 $ 1.79
Diluted (Note 10) (in dollars per share) $ 1.14 $ 1.08 $ 1.8 $ 1.76
Weighted-average shares outstanding:        
Basic (in shares) 46,391 47,702 46,958 47,726
Diluted (in shares) 48,102 48,775 48,679 48,685