Definitive proxy statements

Pay vs Performance Disclosure

v3.26.1
Pay vs Performance Disclosure - USD ($)
4 Months Ended 8 Months Ended 12 Months Ended
Apr. 24, 2025
Dec. 28, 2025
Dec. 28, 2025
Dec. 29, 2024
Dec. 31, 2023
Dec. 25, 2022
Dec. 26, 2021
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 aligns executive compensation with the Company’s performance, refer to “Executive Compensation—Compensation Discussion and Analysis.”
Year
Summary
Compensation
Table Total for
CEO(1)
Mr. Pace
Compensation
Actually Paid
to CEO(2)
Mr. Pace
Summary
Compensation
Table Total for
to CEO(1)
Mr. Hart
Compensation
Actually Paid
to CEO(2)
Mr. Hart
Summary
Compensation
Table Total for
to CEO(1)
Mr. Murphy
Compensation
Actually Paid
to CEO(2)
Mr. Murphy
Average
Summary
Compensation
Table Total
for
Non-PEO
NEOs(3)
NEO
Average
Compensation
Actually Paid
to Non-PEO
NEOs(2)
NEO
Total
Shareholder
Return(4)
Peer Group
Total
Shareholder
Return(5)
Net
Income
(millions)(6)
Adjusted
EBITDA(7)
2025
$ 3,252,947 $ 8,019,447 $ 3,608,589 $ 774,781 $ 1,236,367 $ 979,175 $ 21.44 $ 95.59 $ (24.3) $ 69.7
2024
$ 5,487,137 $ 14,216 $ 972,775 $ 637,572 $ 26.82 $ 109.29 $ (77.5) $ 45.6
2023
$ 8,463,446 $ 10,021,195 $ 1,265,792 $ 1,317,221 $ 62.04 $ 91.23 $ (21.2) $ 75.7
2022
$ 3,154,080 $ 2,441,211 $ 5,203,896 $ (2,217,630) $ 1,038,702 $ 353,016 $ 28.36 $ 77.01 $ (78.9) $ 52.1
2021
$ 5,359,783 $ 1,204,535 $ 1,235,919 $ 607,540 $ 85.37 $ 96.97 $ (50.4) $ 63.1
(1)
The dollar amounts reported in these columns are the amounts of total compensation reported for each CEO in each corresponding year in the “Total” column of the Summary Compensation Table. Refer to “Executive Compensation—Executive Compensation Tables—Summary Compensation Table” of the applicable year’s proxy statement. Mr. Pace has served as the Company’s CEO since April 24, 2025. Mr. Hart served as the Company’s CEO from September 6, 2022 to April 24, 2025. Mr. Murphy served as the Company’s CEO from October 3, 2019 to September 6, 2022.
(2)
The dollar amounts reported these columns represent the amount of “compensation actually paid” to our executives 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 the CEOs or to the other NEOs during the applicable year. For purposes of calculating “compensation actually paid,” the fair value of equity awards is calculated in accordance with FASB ASC Topic 718 using the same assumption methodologies used to calculate the grant date fair value of awards for purposes of the Summary Compensation Table The following table show the amounts deducted from and added to the Summary Compensation Table to calculate “compensation actually paid” in these columns in 2025.
Mr. Pace
Mr. Hart
Non-PEO NEOs
(Average)
Summary Compensation Table Total
$ 3,252,947 $ 3,608,589 $ 1,236,367
Grant Date Fair Value of Stock and Option Awards (-)
$ 1,567,000 $ 1,823,274 $ 680,250
Fair Value at Year End of Outstanding and Unvested Equity Awards Granted in Year (+)
$ 6,333,500 $ 1,857,757 $ 502,645
Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards (+)
$ (22,433)
Fair Value as of Vesting Date of Equity Awards Granted and Vested in Year (+)
Year over Year Change in Fair Value of Equity Awards Granted
in Prior Years that Vested in Year (+)
$ 904,494 $ 57,924
Fair Value at the end of the Prior Year of Vesting Equity Awards that Fail to Meet Conditions (-)
$ 3,772,785 $ 115,078
Compensation Actually Paid
$ 8,019,447 $ 774,781 $ 979,175
(3)
The dollar amounts reported in this column represent the average of the amounts reported for the Company’s NEOs as a group (excluding the CEOs) in the “Total” column of the Summary Compensation Table in each applicable year. The names of each of the NEOs (excluding the CEOs) included for purposes of calculating the average amounts in each applicable year are as follows:
(i)
for 2025, Christopher Meyer, Todd Wilson, Sarah Mussetter, Jesse Griffith, Humera Kassem, and Meghan Spuler
(ii)
for 2024, Todd Wilson, Sarah Mussetter, Kevin Mayer, and Meghan Spuler
(iii)
for 2023, Todd Wilson, Sarah Mussetter, Kevin Mayer, Jyoti Lynch, and Wayne Davis
(iv)
for 2022, Lynn Schweinfurth, Todd Wilson, Wayne Davis, Michael Buchmeier, Sarah Mussetter, Jonathan Muhtar, and Darla Morse
(v)
for 2021, Lynn Schweinfurth, Jonathan Muhtar, Michael Kaplan, Darla Morse, and Michael Buchmeier
(4)
Pursuant to SEC Rules, the TSR figures assume an initial investment of $100 on the last day of the fiscal year.
(5)
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.
(6)
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.
(7)
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     Adjusted EBITDA        
Named Executive Officers, Footnote    
(1)
The dollar amounts reported in these columns are the amounts of total compensation reported for each CEO in each corresponding year in the “Total” column of the Summary Compensation Table. Refer to “Executive Compensation—Executive Compensation Tables—Summary Compensation Table” of the applicable year’s proxy statement. Mr. Pace has served as the Company’s CEO since April 24, 2025. Mr. Hart served as the Company’s CEO from September 6, 2022 to April 24, 2025. Mr. Murphy served as the Company’s CEO from October 3, 2019 to September 6, 2022.
(3)
The dollar amounts reported in this column represent the average of the amounts reported for the Company’s NEOs as a group (excluding the CEOs) in the “Total” column of the Summary Compensation Table in each applicable year. The names of each of the NEOs (excluding the CEOs) included for purposes of calculating the average amounts in each applicable year are as follows:
(i)
for 2025, Christopher Meyer, Todd Wilson, Sarah Mussetter, Jesse Griffith, Humera Kassem, and Meghan Spuler
(ii)
for 2024, Todd Wilson, Sarah Mussetter, Kevin Mayer, and Meghan Spuler
(iii)
for 2023, Todd Wilson, Sarah Mussetter, Kevin Mayer, Jyoti Lynch, and Wayne Davis
(iv)
for 2022, Lynn Schweinfurth, Todd Wilson, Wayne Davis, Michael Buchmeier, Sarah Mussetter, Jonathan Muhtar, and Darla Morse
(v)
for 2021, Lynn Schweinfurth, Jonathan Muhtar, Michael Kaplan, Darla Morse, and Michael Buchmeier
       
Peer Group Issuers, Footnote    
(5)
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 our executives 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 the CEOs or to the other NEOs during the applicable year. For purposes of calculating “compensation actually paid,” the fair value of equity awards is calculated in accordance with FASB ASC Topic 718 using the same assumption methodologies used to calculate the grant date fair value of awards for purposes of the Summary Compensation Table The following table show the amounts deducted from and added to the Summary Compensation Table to calculate “compensation actually paid” in these columns in 2025.
Mr. Pace
Mr. Hart
Non-PEO NEOs
(Average)
Summary Compensation Table Total
$ 3,252,947 $ 3,608,589 $ 1,236,367
Grant Date Fair Value of Stock and Option Awards (-)
$ 1,567,000 $ 1,823,274 $ 680,250
Fair Value at Year End of Outstanding and Unvested Equity Awards Granted in Year (+)
$ 6,333,500 $ 1,857,757 $ 502,645
Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards (+)
$ (22,433)
Fair Value as of Vesting Date of Equity Awards Granted and Vested in Year (+)
Year over Year Change in Fair Value of Equity Awards Granted
in Prior Years that Vested in Year (+)
$ 904,494 $ 57,924
Fair Value at the end of the Prior Year of Vesting Equity Awards that Fail to Meet Conditions (-)
$ 3,772,785 $ 115,078
Compensation Actually Paid
$ 8,019,447 $ 774,781 $ 979,175
       
Non-PEO NEO Average Total Compensation Amount     $ 1,236,367 $ 972,775 $ 1,265,792 $ 1,038,702 $ 1,235,919
Non-PEO NEO Average Compensation Actually Paid Amount     $ 979,175 637,572 1,317,221 353,016 607,540
Adjustment to Non-PEO NEO Compensation Footnote    
(2)
The dollar amounts reported these columns represent the amount of “compensation actually paid” to our executives 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 the CEOs or to the other NEOs during the applicable year. For purposes of calculating “compensation actually paid,” the fair value of equity awards is calculated in accordance with FASB ASC Topic 718 using the same assumption methodologies used to calculate the grant date fair value of awards for purposes of the Summary Compensation Table The following table show the amounts deducted from and added to the Summary Compensation Table to calculate “compensation actually paid” in these columns in 2025.
Mr. Pace
Mr. Hart
Non-PEO NEOs
(Average)
Summary Compensation Table Total
$ 3,252,947 $ 3,608,589 $ 1,236,367
Grant Date Fair Value of Stock and Option Awards (-)
$ 1,567,000 $ 1,823,274 $ 680,250
Fair Value at Year End of Outstanding and Unvested Equity Awards Granted in Year (+)
$ 6,333,500 $ 1,857,757 $ 502,645
Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards (+)
$ (22,433)
Fair Value as of Vesting Date of Equity Awards Granted and Vested in Year (+)
Year over Year Change in Fair Value of Equity Awards Granted
in Prior Years that Vested in Year (+)
$ 904,494 $ 57,924
Fair Value at the end of the Prior Year of Vesting Equity Awards that Fail to Meet Conditions (-)
$ 3,772,785 $ 115,078
Compensation Actually Paid
$ 8,019,447 $ 774,781 $ 979,175
       
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 Compensation—Compensation 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:
2025 Most Important Measures

Adjusted EBITDA

Comparable Guest Traffic

Relative TSR
       
Total Shareholder Return Amount     $ 21.44 26.82 62.04 28.36 85.37
Peer Group Total Shareholder Return Amount     95.59 109.29 91.23 77.01 96.97
Net Income (Loss)     $ (24,300,000) $ (77,500,000) $ (21,200,000) $ (78,900,000) $ (50,400,000)
Company Selected Measure Amount     69,700,000 45,600,000 75,700,000 52,100,000 63,100,000
PEO Name Mr. Hart Mr. Pace          
Measure:: 1              
Pay vs Performance Disclosure              
Name     Adjusted EBITDA        
Non-GAAP Measure Description    
(7)
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     Comparable Guest Traffic        
Measure:: 3              
Pay vs Performance Disclosure              
Name     Relative TSR        
Mr. Pace [Member]              
Pay vs Performance Disclosure              
PEO Total Compensation Amount     $ 3,252,947        
PEO Actually Paid Compensation Amount     8,019,447        
Mr. Hart [Member]              
Pay vs Performance Disclosure              
PEO Total Compensation Amount     3,608,589 $ 5,487,137 $ 8,463,446 $ 3,154,080  
PEO Actually Paid Compensation Amount     774,781 $ 14,216 $ 10,021,195 2,441,211  
Mr. Murphy [Member]              
Pay vs Performance Disclosure              
PEO Total Compensation Amount           5,203,896 $ 5,359,783
PEO Actually Paid Compensation Amount           $ (2,217,630) $ 1,204,535
PEO | Mr. Pace [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     (1,567,000)        
PEO | Mr. Pace [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     6,333,500        
PEO | Mr. Pace [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            
PEO | Mr. Pace [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount            
PEO | Mr. Pace [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            
PEO | Mr. Pace [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            
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     (1,823,274)        
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     1,857,757        
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            
PEO | Mr. Hart [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount            
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     904,494        
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     (3,772,785)        
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     (680,250)        
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     502,645        
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     (22,433)        
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount            
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     57,924        
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     $ (115,078)