Annual report pursuant to Section 13 and 15(d)

Description of Business and Summary of Significant Accounting Policies (Tables)

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Description of Business and Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 26, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Fiscal Year End Dates Year-end dates and the number of weeks in each fiscal year are shown in the table below for periods presented in the consolidated financial statements and for the upcoming fiscal year.
Fiscal Year Year End Date Number of Weeks in Fiscal Year
Current and Prior Fiscal Years:
2021 December 26, 2021 52
2020 December 27, 2020 52
2019 December 29, 2019 52
Upcoming Fiscal Years:
2022 December 25, 2022 52
2023 December 31, 2023 53
Schedule of estimated useful lives for property and equipment
The estimated useful lives for property and equipment are:
Buildings
5 years to 20 years
Leasehold improvements
Shorter of lease term or estimated useful life, not to exceed 20 years
Furniture, fixtures and equipment
5 years to 20 years
Computer equipment
2 years to 5 years
Schedule of computations for basic and diluted earnings per share Basic weighted average shares outstanding is reconciled to diluted weighted average shares outstanding for the fiscal years ended December 26, 2021, December 27, 2020, and December 29, 2019 as follows (in thousands):
2021 2020 2019
Basic weighted average shares outstanding 15,660  14,314  12,959 
Dilutive effect of stock options and awards —  —  — 
Diluted weighted average shares outstanding 15,660  14,314  12,959 
Awards excluded due to anti-dilutive effect on diluted earnings per share 875  489  378