v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jul. 01, 2025
Jun. 30, 2026
Jul. 01, 2025
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
Revenues $ 1,029,633 $ 955,825 $ 2,008,466 $ 1,883,022
Costs and expenses:        
Food and beverage costs 223,847 205,843 436,097 408,104
Labor expenses 351,475 333,519 699,244 664,594
Other operating costs and expenses 272,688 255,722 537,041 502,147
General and administrative expenses 65,592 58,778 129,523 118,710
Depreciation and amortization expenses 29,103 26,860 57,087 52,942
Impairment of assets and lease termination expenses 124 222 953 600
Acquisition-related contingent consideration, compensation and amortization expenses 1,235 1,012 2,437 2,010
Preopening costs 6,961 9,047 12,431 17,134
Total costs and expenses 951,025 891,003 1,874,813 1,766,241
Income from operations 78,608 64,822 133,653 116,781
Interest expense, net (2,057) (2,873) (4,052) (5,201)
Loss on extinguishment of debt       (15,891)
Other income, net 352 280 653 1,023
Income before income taxes 76,903 62,229 130,254 96,712
Income tax provision 8,509 7,417 12,312 8,959
Net income $ 68,394 $ 54,812 $ 117,942 $ 87,753
Net income per share:        
Basic (in dollars per share) $ 1.47 $ 1.18 $ 2.53 $ 1.87
Diluted (Note 10) (in dollars per share) $ 1.41 $ 1.14 $ 2.43 $ 1.8
Weighted-average shares outstanding:        
Basic (in shares) 46,628 46,391 46,606 46,958
Diluted (in shares) 48,490 48,102 48,446 48,679