v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 01, 2026
Jun. 25, 2025
Jul. 01, 2026
Jun. 25, 2025
Revenue        
Total revenue $ 129,572 $ 125,834 $ 255,754 $ 245,011
Cost of operations        
Food and paper cost 27,466 25,496 53,855 50,235
Labor and related expenses 32,293 32,155 64,132 64,334
Occupancy and other operating expenses 27,315 26,741 54,645 52,414
Company restaurant expenses 87,074 84,392 172,632 166,983
General and administrative expenses 7,054 13,532 19,848 24,795
Franchise expenses 11,870 12,627 23,059 25,069
Depreciation and amortization 4,166 3,929 8,480 7,816
Loss on disposal of assets 516 43 612 54
Impairment and closed-store reserves 209 6 223 17
Total expenses 110,889 114,529 224,854 224,734
Income from operations 18,683 11,305 30,900 20,277
Interest expense, net 706 1,207 1,437 2,383
Income before provision for income taxes 17,977 10,098 29,463 17,894
Provision for income taxes 5,170 2,991 8,499 5,306
Net income $ 12,807 $ 7,107 $ 20,964 $ 12,588
Net income per share        
Basic (usd per share) $ 0.43 $ 0.24 $ 0.71 $ 0.43
Diluted (usd per share) $ 0.43 $ 0.24 $ 0.7 $ 0.43
Weighted-average shares used in computing net income per share        
Basic (shares) 29,727,656 29,097,871 29,574,499 29,092,409
Diluted (shares) 30,093,260 29,272,394 29,882,457 29,314,443
Company-operated restaurant revenue        
Revenue        
Total revenue $ 108,136 $ 104,318 $ 214,051 $ 202,683
Franchise revenue        
Revenue        
Total revenue 12,862 13,372 24,890 26,555
Franchise advertising fee revenue        
Revenue        
Total revenue $ 8,574 $ 8,144 $ 16,813 $ 15,773