v3.26.3
Segment Information
9 Months Ended
Sep. 26, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company has one reportable segment, and the measure of restaurant segment assets is reported as Total assets on the Consolidated Balance Sheets.
Financial information for the Company’s reportable segment is as follows (in thousands):
Thirteen Weeks EndedThirty-Nine Weeks Ended
September 26,
2026
September 27,
2025
September 26,
2026
September 27,
2025
Revenue:
Royalty revenue, franchise fees and other$86,301 $81,187 $260,615 $239,851 
Advertising fees64,050 62,018 191,855 186,252 
Company-owned restaurant sales34,780 32,531 101,950 95,056 
Total revenue185,131 175,736 554,420 521,159 
Cost of sales:
Food, beverage and packaging costs12,838 11,782 36,672 34,960 
Labor8,606 7,502 24,259 22,096 
Other operating costs6,755 5,828 18,804 16,840 
Vendor rebates(990)(770)(2,742)(2,314)
Total cost of sales27,209 24,342 76,993 71,582 
Advertising expenses67,748 65,541 203,476 196,869 
Selling, general & administrative:
Transaction costs— — — 497 
System implementation costs— 2,063 1,060 4,909 
Amortization of capitalized system implementation costs311 457 1,245 457 
Restructuring charges— — 2,467 — 
Stock-based compensation expense4,082 6,072 12,798 17,601 
Other segment expense (1)
26,081 22,067 77,589 71,572 
Total selling, general and administrative30,474 30,659 95,159 95,036 
Depreciation and amortization9,005 6,233 23,058 18,681 
Loss on disposal of assets— — — 6,535 
Interest expense, net10,576 9,201 30,153 26,580 
Investment (income) expense94 128 333 (93,711)
Income tax expense10,921 11,154 34,973 52,081 
Net income$29,104 $28,478 $90,275 $147,506 
(1) Other segment expense consists primarily of corporate related items such as headcount-related expenses, office rent expense, and other overhead costs.