Quarterly report pursuant to Section 13 or 15(d)

Revenue (Tables)

v3.22.2
Revenue (Tables)
6 Months Ended
Jul. 10, 2022
Revenue from Contract with Customer [Abstract]  
Schedule of revenue disaggregated by type of good or service
In the following table, revenue is disaggregated by type of good or service (in thousands):
Twelve Weeks Ended Twenty-Eight Weeks Ended
July 10, 2022 July 11, 2021 July 10, 2022 July 11, 2021
Restaurant revenue $ 288,657  $ 272,157  $ 669,269  $ 590,834 
Franchise revenue 4,362  3,944  10,642  8,820 
Gift card breakage(1)
280  500  8,099  2,793 
Other revenue 791  374  1,630  803 
Total revenues $ 294,090  $ 276,975  $ 689,640  $ 603,250 
(1)     During the twenty-eight weeks ended July 10, 2022, the Company re-evaluated the estimated redemption pattern related to gift cards and aligned the recognition of gift card breakage revenue to the updated estimated redemption pattern. See Footnote 1, Basis of Presentation and Recent Accounting Pronouncements.
Schedule of unearned revenue and revenue recognized that were included in liability balances at the beginning of the fiscal year
Components of Unearned revenue in the accompanying Condensed Consolidated Balance Sheets are as follows (in thousands):
July 10, 2022 December 26, 2021
Unearned gift card revenue $ 25,260  $ 41,128 
Deferred loyalty revenue $ 12,572  $ 13,086 
Revenue recognized in the Condensed Consolidated Statements of Operations and Comprehensive Loss for the redemption and breakage of gift cards that were included in the liability balance at the beginning of the fiscal year was as follows (in thousands):
Twenty-Eight Weeks Ended
July 10, 2022 July 11, 2021
Gift card revenue $ 20,639  $ 10,945