Quarterly report [Sections 13 or 15(d)]

Revenue

v3.25.1
Revenue
 4 Months Ended
Apr. 20, 2025
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Disaggregation of revenue
In the following table, revenue is disaggregated by type of good or service (in thousands):
Sixteen Weeks Ended
April 20, 2025 April 21, 2024
Restaurant revenue $ 385,809  $ 378,568 
Franchise revenue 4,489  5,341 
Gift card breakage 1,705  4,162 
Other revenue 348  470 
Total revenues $ 392,351  $ 388,541 
Contract Liabilities
Components of Unearned revenue in the Condensed Consolidated Balance Sheets are as follows (in thousands):
April 20, 2025 December 29, 2024
Unearned gift card revenue $ 14,660  $ 24,333 
Unearned Royalty revenue
 3,604  2,750 
Unearned revenue
 $ 18,264  $ 27,083 
Revenue recognized in the Condensed Consolidated Statements of Operations and Comprehensive Income (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):
Sixteen Weeks Ended
April 20, 2025 April 21, 2024
Gift card revenue $ 10,704  $ 12,629 
We recognize Royalty revenue within Restaurant revenue in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) when a customer redeems an earned reward. Unearned revenue associated with Royalty is included in Unearned revenue in our Condensed Consolidated Balance Sheets.
Changes in our unearned revenue balance related to our Royalty program (in thousands):
Sixteen Weeks Ended
April 20, 2025 April 21, 2024
Unearned Royalty revenue, beginning balance
 $ 2,750  $ 7,509 
Revenue deferred 1,625  2,325 
Revenue recognized (771) (1,802)
Unearned Royalty revenue, ending balance
 $ 3,604  $ 8,032