Annual report [Section 13 and 15(d), not S-K Item 405]

Revenue (Tables)

v3.25.0.1
Revenue (Tables)
 12 Months Ended
Dec. 29, 2024
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):
Year Ended
December 29, 2024 December 31, 2023 December 25, 2022
Restaurant revenue $ 1,224,254  $ 1,274,294  $ 1,230,189 
Franchise revenue 14,941  15,867  19,306 
Gift card breakage 7,930  9,874  13,808 
Other revenue 1,435  3,011  2,231 
Total revenues $ 1,248,560  $ 1,303,046  $ 1,265,534 
Schedule of Revenue Recognized that were Included in Liability Balances at the Beginning of the Fiscal Year
Components of Unearned revenue in the Consolidated Balance Sheets are as follows (in thousands):
December 29, 2024 December 31, 2023
Unearned gift card revenue $ 24,333  $ 28,558 
Deferred loyalty revenue 2,750  7,509 
Unearned revenue $ 27,083  $ 36,067 
Revenue recognized in the Consolidated Statements of Operations and Comprehensive Loss for the redemption of gift cards that were included in the liability balance at the beginning of the fiscal year was as follows (in thousands):
Year Ended
December 29, 2024 December 31, 2023 December 25, 2022
Gift card revenue $ 16,782  $ 19,224  $ 24,109 
Changes in our Unearned revenue balance related to our Royalty program (in thousands):

Year Ended
December 29, 2024 December 31, 2023
Unearned Royalty Revenue, beginning balance $ 7,509  $ 11,107 
Revenue deferred 4,817  6,870 
Revenue recognized (1)
(9,576) (10,468)
Unearned Royalty revenue, ending balance $ 2,750  $ 7,509 
(1) Restaurant revenue includes an approximately $6.4 million credit related to the transition to the new Royalty program in the second quarter of fiscal 2024, primarily due to the cancellation of unused points that were earned more than 365 days prior to the launch of the new program.