Quarterly report [Sections 13 or 15(d)]

Revenue (Tables)

v3.25.3
Revenue (Tables)
 9 Months Ended
Oct. 05, 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):
Twelve Weeks Ended Forty Weeks Ended
October 5, 2025 October 6, 2024 October 5, 2025 October 6, 2024
Restaurant revenue $ 260,909  $ 270,605  $ 926,024  $ 943,630 
Franchise revenue 3,265  3,007  10,940  12,635 
Gift card breakage 747  735  3,328  5,923 
Other revenue 207  291  890  1,145 
Total revenues $ 265,128  $ 274,638  $ 941,182  $ 963,333 
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):
October 5, 2025 December 29, 2024
Unearned gift card revenue $ 11,166  $ 24,333 
Unearned Royalty revenue
 3,192  2,750 
Unearned revenue
 $ 14,358  $ 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):
Twelve Weeks Ended Forty Weeks Ended
October 5, 2025 October 6, 2024 October 5, 2025 October 6, 2024
Gift card revenue $ 621  $ 1,133  $ 13,137  $ 15,672 
Changes in our unearned revenue balance related to our Royalty program were as follows (in thousands):
Twelve Weeks Ended Forty Weeks Ended
October 5, 2025 October 6, 2024 October 5, 2025 October 6, 2024
Unearned Royalty revenue, beginning balance
 $ 3,032  $ 1,804  $ 2,750  $ 7,509 
Revenue deferred 1,257  914  4,123  3,953 
Revenue recognized (1)
(1,097) (385) (3,681) (9,129)
Unearned Royalty revenue, ending balance
 $ 3,192  $ 2,333  $ 3,192  $ 2,333 
(1) Restaurant revenue recognized during the forty weeks ended October 6, 2024 includes a credit of approximately $6.4 million 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.