Preliminary proxy statement not related to a contested matter or merger/acquisition

Pay vs Performance Disclosure

v3.25.1
Pay vs Performance Disclosure
pure in Millions
12 Months Ended
Dec. 29, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 25, 2022
USD ($)
Dec. 26, 2021
USD ($)
Dec. 27, 2020
USD ($)
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
PAY VERSUS PERFORMANCE DISCLOSURE
The following table sets forth information concerning the relationship between executive compensation actually paid and certain financial performance of the Company for each of the last five fiscal years. For further information concerning the Company’s variable pay-for-performance philosophy and how the Company’s aligns executive compensation with the Company’s performance, refer to “Executive CompensationCompensation Discussion and Analysis.”
Year
Summary
Compensation
Table Total for
Mr. Hart(1)
Summary
Compensation
Table Total for
Mr. Murphy(1)
Compensation
Actually Paid
to Mr. Hart(2)
Compensation
Actually Paid
to Mr. Murphy(2)
Average
Summary
Compensation
Table Total for
Non-PEO
NEOs(3)
Average
Compensation
Actually Paid
to Non-PEO
NEOs(4)
Value of Initial Fixed $100
Investment Based On:
Net
Income
(Loss)
(millions)(7)
Adjusted
EBITDA
(millions)(8)
Total
Shareholder
Return(5)
Peer Group
Total
Shareholder
Return(6)
2024
$ 5,487,137 N/A $ 14,216 N/A $ 972,775 $ 637,572 $ 17.37 $ 141.79 $ (77.5) $ 38.8
2023
$ 8,463,446 N/A $ 10,256,343 N/A $ 1,265,792 $ 1,344,740 $ 40.19 $ 118.36 $ (21.2) $ 68.9
2022
$ 3,154,080 $ 5,203,896 $ 2,441,211 $ (2,217,630) $ 1,038,702 $ 353,016 $ 18.37 $ 99.91 $ (78.9) $ 51.7
2021
N/A $ 5,359,783 N/A $ 1,204,535 $ 1,235,919 $ 608,244 $ 55.30 $ 125.81 $ (50.4) $ 63.1
2020
N/A $ 5,117,133 N/A $ 6,958,668 $ 1,047,121 $ 978,473 $ 64.78 $ 129.74 $ (276.1) $ (33.1)
(1)
The dollar amounts reported in these columns are the amounts of total compensation reported for Mr. Hart and Mr. Murphy, respectively, for each corresponding year in the “Total” column of the Summary Compensation Table. Refer to “Executive CompensationExecutive Compensation TablesSummary Compensation Table.”
(2)
The dollar amounts reported these columns represent the amount of “compensation actually paid” to Mr. Murphy and Mr. Hart, respectively, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amount of compensation earned by or paid to Mr. Murphy or Mr. Hart during the applicable year.
Mr. Murphy
Mr. Hart
2022
2021
2020
2024
2023
2022
PEO Summary Compensation Table Total
5,203,896 5,359,783 5,117,133 5,487,137 8,463,446 3,154,080
Grant Date Fair Value of Stock and Option
Awards (-)
4,068,150 4,067,922 3,797,618 4,120,765 5,827,592 1,699,252
Fair Value at Year End of Outstanding and Unvested
Equity Awards Granted in Year (+)
727,629 1,641,178 6,218,224 3,136,609 5,695,990 986,383
Year over Year Change in Fair Value of Outstanding
and Unvested Equity
Awards (+)
(1,649,936) (2,472,395) (579,071) (3,817,545) 1,496,695 N/A
Fair Value as of Vesting Date of Equity Awards Granted and Vested in Year (+)
N/A N/A N/A N/A N/A N/A
Year over Year Change in Fair Value of Equity
Awards Granted in Prior Years that Vested in Year
(+)
(687,208) 743,891 N/A 547,836 427,804 N/A
Fair Value at the end of the Prior Year of Equity Awards that Fail to Meet Vesting Conditions (-)
1,743,861 N/A N/A 1,219,056 N/A N/A
Compensation Actually Paid to PEO
(2,217,630) 1,204,535 6,958,668 14,216 10,256,343 2,441,211
(3)
The dollar amounts reported in this column represent the average of the amounts reported for the Company’s named executive officers (NEOs) as a group (excluding Mr. Murphy and Mr. Hart) in the “Total” column of the Summary Compensation Table in each applicable year. The names of each of the NEOs (excluding Mr. Murphy and Mr. Hart) included for purposes of calculating the average amounts in each applicable year are as follows: (i) for 2024, Todd Wilson, Sarah Mussetter, Kevin Mayer, and Meghan Spuler; (ii) for 2023, Todd Wilson, Sarah Mussetter, Kevin Mayer, Jyoti Lynch, and Wayne Davis; (iii) for 2022, Lynn Schweinfurth, Todd Wilson, Wayne Davis, Michael Buchmeier, Sarah Mussetter, Jonathan Muhtar, and Darla Morse; (iv) for 2021, Lynn Schweinfurth, Jonathan Muhtar, Michael Kaplan, Darla Morse, and Michael Buchmeier; and (v) for 2020, Lynn Schweinfurth, Jonathan Muhtar, Michael Kaplan, Michael Buchmeier, and Dean Cookson.
(4)
The dollar amounts reported in this column represent the average amount of “compensation actually paid” to the NEOs as a group (excluding Mr. Murphy and Mr. Hart), as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual average amount of compensation earned by or
paid to the NEOs as a group (excluding Mr. Murphy and Mr. Hart) during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to average total compensation for the NEOs as a group (excluding Mr. Murphy and Mr. Hart) for each year to determine the compensation actually paid, using the same methodology described above in Note 2:
Year
2024
2023
2022
2021
2020
Average Summary Compensation Table Total for Non-PEO
NEOs
972,775 1,265,792 1,038,702 1,235,919 1,047,121
Grant Date Fair Value of Stock and Option Awards (-)
441,299 504,304 485,920 695,574 542,853
Fair Value at Year End of Outstanding and Unvested Equity
Awards Granted in Year (+)
335,904 494,986 127,024 283,695 888,867
Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards (+)
(293,748) 58,158 (92,033) (306,438) (179,008)
Fair Value as of Vesting Date of Equity Awards Granted and
Vested in Year (+)
N/A N/A N/A N/A N/A
Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in Year (+)
63,940 49,028 (19,245) 140,675 (55,790)
Fair Value at the end of the Prior Year of Equity Awards that Fail to Meet Vesting Conditions (-)
N/A 18,920 215,512 50,033 179,864
Compensation Actually Paid to Non-PEO NEOs
637,572 1,344,740 353,016 608,244 978,473
(5)
Pursuant to SEC Rules, the TSR figures assume an initial investment of $100 on the last day of the fiscal year.
(6)
Represents the weighted peer group TSR, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. The peer group used for this purpose is the S&P 600 Restaurant Index.
(7)
The dollar amounts reported represent the amount of net loss reflected in the Company’s audited financial statements included in our annual report for the applicable year.
(8)
While the Company uses multiple financial and non-financial performance measures for the purpose of evaluating performance for the Company’s compensation programs, the Company has determined that Adjusted EBITDA is the financial performance measure that, in the Company’s assessment, represents the most important performance measure (that is not otherwise required to be disclosed in the table) used by the Company to link compensation actually paid to the Company’s NEOs, for the most recently completed fiscal year, to Company performance.
       
Company Selected Measure Name AdjustedEBITDA        
Named Executive Officers, Footnote
(1)
The dollar amounts reported in these columns are the amounts of total compensation reported for Mr. Hart and Mr. Murphy, respectively, for each corresponding year in the “Total” column of the Summary Compensation Table. Refer to “Executive CompensationExecutive Compensation Tables—Summary Compensation Table.
(3)
The dollar amounts reported in this column represent the average of the amounts reported for the Company’s named executive officers (NEOs) as a group (excluding Mr. Murphy and Mr. Hart) in the “Total” column of the Summary Compensation Table in each applicable year. The names of each of the NEOs (excluding Mr. Murphy and Mr. Hart) included for purposes of calculating the average amounts in each applicable year are as follows: (i) for 2024, Todd Wilson, Sarah Mussetter, Kevin Mayer, and Meghan Spuler; (ii) for 2023, Todd Wilson, Sarah Mussetter, Kevin Mayer, Jyoti Lynch, and Wayne Davis; (iii) for 2022, Lynn Schweinfurth, Todd Wilson, Wayne Davis, Michael Buchmeier, Sarah Mussetter, Jonathan Muhtar, and Darla Morse; (iv) for 2021, Lynn Schweinfurth, Jonathan Muhtar, Michael Kaplan, Darla Morse, and Michael Buchmeier; and (v) for 2020, Lynn Schweinfurth, Jonathan Muhtar, Michael Kaplan, Michael Buchmeier, and Dean Cookson.
       
Peer Group Issuers, Footnote
(6)
Represents the weighted peer group TSR, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. The peer group used for this purpose is the S&P 600 Restaurant Index.
       
Adjustment To PEO Compensation, Footnote
(2)
The dollar amounts reported these columns represent the amount of “compensation actually paid” to Mr. Murphy and Mr. Hart, respectively, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amount of compensation earned by or paid to Mr. Murphy or Mr. Hart during the applicable year.
Mr. Murphy
Mr. Hart
2022
2021
2020
2024
2023
2022
PEO Summary Compensation Table Total
5,203,896 5,359,783 5,117,133 5,487,137 8,463,446 3,154,080
Grant Date Fair Value of Stock and Option
Awards (-)
4,068,150 4,067,922 3,797,618 4,120,765 5,827,592 1,699,252
Fair Value at Year End of Outstanding and Unvested
Equity Awards Granted in Year (+)
727,629 1,641,178 6,218,224 3,136,609 5,695,990 986,383
Year over Year Change in Fair Value of Outstanding
and Unvested Equity
Awards (+)
(1,649,936) (2,472,395) (579,071) (3,817,545) 1,496,695 N/A
Fair Value as of Vesting Date of Equity Awards Granted and Vested in Year (+)
N/A N/A N/A N/A N/A N/A
Year over Year Change in Fair Value of Equity
Awards Granted in Prior Years that Vested in Year
(+)
(687,208) 743,891 N/A 547,836 427,804 N/A
Fair Value at the end of the Prior Year of Equity Awards that Fail to Meet Vesting Conditions (-)
1,743,861 N/A N/A 1,219,056 N/A N/A
Compensation Actually Paid to PEO
(2,217,630) 1,204,535 6,958,668 14,216 10,256,343 2,441,211
       
Non-PEO NEO Average Total Compensation Amount $ 972,775 $ 1,265,792 $ 1,038,702 $ 1,235,919 $ 1,047,121
Non-PEO NEO Average Compensation Actually Paid Amount $ 637,572 1,344,740 353,016 608,244 978,473
Adjustment to Non-PEO NEO Compensation Footnote
(4)
The dollar amounts reported in this column represent the average amount of “compensation actually paid” to the NEOs as a group (excluding Mr. Murphy and Mr. Hart), as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual average amount of compensation earned by or
paid to the NEOs as a group (excluding Mr. Murphy and Mr. Hart) during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to average total compensation for the NEOs as a group (excluding Mr. Murphy and Mr. Hart) for each year to determine the compensation actually paid, using the same methodology described above in Note 2:
Year
2024
2023
2022
2021
2020
Average Summary Compensation Table Total for Non-PEO
NEOs
972,775 1,265,792 1,038,702 1,235,919 1,047,121
Grant Date Fair Value of Stock and Option Awards (-)
441,299 504,304 485,920 695,574 542,853
Fair Value at Year End of Outstanding and Unvested Equity
Awards Granted in Year (+)
335,904 494,986 127,024 283,695 888,867
Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards (+)
(293,748) 58,158 (92,033) (306,438) (179,008)
Fair Value as of Vesting Date of Equity Awards Granted and
Vested in Year (+)
N/A N/A N/A N/A N/A
Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in Year (+)
63,940 49,028 (19,245) 140,675 (55,790)
Fair Value at the end of the Prior Year of Equity Awards that Fail to Meet Vesting Conditions (-)
N/A 18,920 215,512 50,033 179,864
Compensation Actually Paid to Non-PEO NEOs
637,572 1,344,740 353,016 608,244 978,473
       
Compensation Actually Paid vs. Total Shareholder Return [MISSING IMAGE: bc_tsr-bw.jpg]        
Compensation Actually Paid vs. Net Income
[MISSING IMAGE: bc_netincome-bw.jpg]
       
Compensation Actually Paid vs. Company Selected Measure
[MISSING IMAGE: bc_ebitda-bw.jpg]
       
Total Shareholder Return Vs Peer Group [MISSING IMAGE: bc_tsr-bw.jpg]        
Tabular List, Table
FINANCIAL PERFORMANCE MEASURES
As described in greater detail in the “Executive CompensationCompensation Discussion and Analysis,” the Company’s executive compensation program reflects a pay-for-performance philosophy. The metrics that the Company uses for our long-term incentive awards are selected based on an objective of incentivizing our NEOs to increase the value of our enterprise for our stockholders. The most important financial performance measures used by the Company to link executive compensation actually paid to the Company’s NEOs, for the most recently completed fiscal year, to the Company’s performance are as follows:
2024 Most Important Measures

Adjusted EBITDA

Relative Guest Traffic

Relative TSR
       
Total Shareholder Return Amount $ 17.37 40.19 18.37 55.3 64.78
Peer Group Total Shareholder Return Amount 141.79 118.36 99.91 125.81 129.74
Net Income (Loss) $ (77,500,000) $ (21,200,000) $ (78,900,000) $ (50,400,000) $ (276,100,000)
Company Selected Measure Amount 38.8 68.9 51.7 63.1 (33.1)
Measure:: 1          
Pay vs Performance Disclosure          
Name Adjusted EBITDA        
Non-GAAP Measure Description
(8)
While the Company uses multiple financial and non-financial performance measures for the purpose of evaluating performance for the Company’s compensation programs, the Company has determined that Adjusted EBITDA is the financial performance measure that, in the Company’s assessment, represents the most important performance measure (that is not otherwise required to be disclosed in the table) used by the Company to link compensation actually paid to the Company’s NEOs, for the most recently completed fiscal year, to Company performance.
       
Measure:: 2          
Pay vs Performance Disclosure          
Name Relative Guest Traffic        
Measure:: 3          
Pay vs Performance Disclosure          
Name Relative TSR        
Mr. Hart [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 5,487,137 $ 8,463,446 $ 3,154,080    
PEO Actually Paid Compensation Amount $ 14,216 10,256,343 2,441,211    
PEO Name Mr. Hart        
Mr. Murphy [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount     5,203,896 $ 5,359,783 $ 5,117,133
PEO Actually Paid Compensation Amount     (2,217,630) 1,204,535 6,958,668
PEO Name Mr. Murphy        
PEO | Mr. Hart [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (4,120,765) (5,827,592) (1,699,252)    
PEO | Mr. Hart [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 3,136,609 5,695,990 986,383    
PEO | Mr. Hart [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (3,817,545) 1,496,695      
PEO | Mr. Hart [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 547,836 427,804      
PEO | Mr. Hart [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,219,056)        
PEO | Mr. Murphy [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     (4,068,150) (4,067,922) (3,797,618)
PEO | Mr. Murphy [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     727,629 1,641,178 6,218,224
PEO | Mr. Murphy [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     (1,649,936) (2,472,395) (579,071)
PEO | Mr. Murphy [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     (687,208) 743,891  
PEO | Mr. Murphy [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     (1,743,861)    
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (441,299) (504,304) (485,920) (695,574) (542,853)
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 335,904 494,986 127,024 283,695 888,867
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (293,748) 58,158 (92,033) (306,438) (179,008)
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 63,940 49,028 (19,245) 140,675 (55,790)
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   $ (18,920) $ (215,512) $ (50,033) $ (179,864)