| Segment Reporting |
The following table details consolidated net income (loss) for the segment for the periods indicated: | | | | | | | | | | | | | | | | | | | | | | | | | THIRTEEN WEEKS ENDED | | TWENTY-SIX WEEKS ENDED | | (in thousands) | JUNE 28, 2026 | | JUNE 29, 2025 | | JUNE 28, 2026 | | JUNE 29, 2025 | | Total revenues | $ | 354,672 | | | $ | 307,887 | | | $ | 685,631 | | | $ | 590,127 | | | Less: | | | | | | | | | Food and beverage costs | 82,593 | | | 71,978 | | | 156,903 | | | 138,625 | | | Labor and other related expenses | 115,723 | | | 101,310 | | | 226,332 | | | 198,064 | | | Other restaurant operating expenses | 55,557 | | | 46,603 | | | 107,461 | | | 90,862 | | | Occupancy expenses | 28,345 | | | 24,809 | | | 55,755 | | | 47,958 | | | Pre-opening expenses | 3,315 | | | 3,507 | | | 6,372 | | | 6,167 | | | Stock-based compensation, net of amounts capitalized | 3,697 | | | 2,790 | | | 7,049 | | | 5,049 | | General and administrative expenses (1) | 35,030 | | | 30,395 | | | 71,623 | | | 58,355 | | | Depreciation and amortization | 21,839 | | | 18,136 | | | 43,235 | | | 34,693 | | Other segment items (2) | 446 | | | 1,046 | | | 1,775 | | | 1,928 | | | Interest expense | 4,892 | | | 4,003 | | | 9,670 | | | 7,337 | | | Other income, net | (133) | | | (266) | | | (478) | | | (950) | | | Income tax expense | 1,029 | | | 1,470 | | | 280 | | | 762 | | | Net income (loss) | $ | 2,339 | | | $ | 2,106 | | | $ | (346) | | | $ | 1,277 | |
(1) General and administrative expenses excludes stock-based compensation, net of amounts capitalized, which is presented separately. (2) Other segment items included in segment net income (loss) include transaction and restructuring expenses, net and impairments and loss on disposal of assets.
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