Quarterly report [Sections 13 or 15(d)]

Revenue (Tables)

v3.25.1
Revenue (Tables)
4 Months Ended
Apr. 20, 2025
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):
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 
Schedule of Unearned Revenue and Revenue Recognized That Were Included in Liability Balances at Beginning of Fiscal Year
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 
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