Other Charges (Gains), net (Tables)
|
12 Months Ended |
Dec. 28, 2025 |
| Other Income and Expenses [Abstract] |
|
| Schedule of Other Charges |
Other (gains) charges, net consisted of the following (in thousands):
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Year Ended |
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|
December 28, 2025 |
|
December 29, 2024 |
|
December 31, 2023 |
| Asset impairment and restaurant closure costs, net |
|
$ |
2,785 |
|
|
$ |
34,080 |
|
|
$ |
12,192 |
|
| Gain on sale of restaurant property |
|
(1,127) |
|
|
(7,425) |
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|
(29,543) |
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|
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Severance and executive transition(1)
|
|
2,181 |
|
|
1,181 |
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|
3,419 |
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|
|
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| Litigation contingencies |
|
2,198 |
|
|
1,037 |
|
|
9,140 |
|
Asset disposal and other, net |
|
4,426 |
|
|
4,975 |
|
|
2,129 |
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| Other (gains) charges, net |
|
$ |
10,463 |
|
|
$ |
33,848 |
|
|
$ |
(2,663) |
|
(1) Severance and executive transition included $(4.1) million, $0.1 million, and $0.1 million of stock-based compensation (benefit) expense in fiscal years 2025, 2024, and 2023, respectively.
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| Schedule of Asset Impairment and Restaurant Closure Costs, Net |
Asset impairment and restaurant closure costs, net consisted of the following (in thousands, except for location data):
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Year Ended |
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|
December 28, 2025 |
|
December 29, 2024 |
|
December 31, 2023 |
Number of non-operating locations |
|
10 |
|
9 |
|
13 |
Non-operating location rent, restaurant closure costs, and other |
|
$ |
4,291 |
|
|
$ |
3,676 |
|
|
$ |
5,432 |
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Number of impaired locations |
|
4 |
|
58 |
|
19 |
Non-cash impairment |
|
$ |
2,713 |
|
|
$ |
32,838 |
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|
$ |
9,130 |
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Number of locations with lease remeasurement |
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17 |
|
7 |
|
9 |
Net lease remeasurement (gain) loss |
|
$ |
(4,219) |
|
|
$ |
(2,434) |
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|
$ |
(2,370) |
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Total asset impairment and restaurant closure costs, net |
|
$ |
2,785 |
|
|
$ |
34,080 |
|
|
$ |
12,192 |
|
|
| Schedule of Severance and Executive Transition |
Severance and executive transition consisted of the following (in thousands):
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Year Ended |
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|
December 28, 2025 |
|
December 29, 2024 |
|
December 31, 2023 |
Executive severance |
|
$ |
4,915 |
|
|
$ |
476 |
|
|
$ |
2,298 |
|
Stock-based compensation(1)
|
|
(4,104) |
|
|
71 |
|
|
128 |
|
Team member severance(2)
|
|
1,370 |
|
|
634 |
|
|
993 |
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Total severance and executive transition |
|
$ |
2,181 |
|
|
$ |
1,181 |
|
|
$ |
3,419 |
|
(1) For fiscal 2025, the stock-based compensation benefit related primarily to the forfeiture of unvested stock-based compensation by certain executive leadership.
(2) During fiscal 2025, team member severance was primarily associated with a reduction in force, which occurred during the second quarter of fiscal 2025.
One-time termination benefits activity for the fiscal years ended December 29, 2024 and December 28, 2025, respectively, were as follows:
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Termination Benefits |
Balance as of December 31, 2023 |
$ |
184 |
|
| Charges |
— |
|
| Cash Payments |
(184) |
|
Balance as of December 29, 2024 |
$ |
— |
|
| Charges |
1,370 |
|
| Cash Payments |
(1,033) |
|
Balance as of December 28, 2025 |
$ |
337 |
|
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