| Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block] |
| |
|
Fiscal Year Ended |
|
| |
|
2022 |
|
|
2021 |
|
|
2020 |
|
| |
|
|
|
|
|
(dollar amounts in thousands) |
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|
|
|
|
| Revenues: |
|
|
|
|
|
|
|
|
|
|
|
|
| Company-owned steakhouse restaurants |
|
$ |
481,129 |
|
|
$ |
407,418 |
|
|
$ |
263,731 |
|
| Franchise operations |
|
|
20,571 |
|
|
|
18,533 |
|
|
|
11,737 |
|
| Unallocated other revenue and revenue discounts |
|
|
4,158 |
|
|
|
3,172 |
|
|
|
2,280 |
|
| Total revenues |
|
$ |
505,858 |
|
|
$ |
429,123 |
|
|
$ |
277,748 |
|
| |
|
|
|
|
|
|
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|
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| Segment profits: |
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|
|
|
|
|
|
|
|
|
|
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| Company-owned steakhouse restaurants |
|
$ |
108,487 |
|
|
$ |
99,297 |
|
|
$ |
37,480 |
|
| Franchise operations |
|
|
20,571 |
|
|
|
18,533 |
|
|
|
11,737 |
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| Total segment profit |
|
|
129,058 |
|
|
|
117,830 |
|
|
|
49,217 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Unallocated operating income |
|
|
4,158 |
|
|
|
3,172 |
|
|
|
2,280 |
|
| Marketing and advertising expenses |
|
|
(17,360 |
) |
|
|
(13,464 |
) |
|
|
(6,859 |
) |
| General and administrative costs |
|
|
(37,071 |
) |
|
|
(32,531 |
) |
|
|
(33,248 |
) |
| Depreciation and amortization expenses |
|
|
(22,103 |
) |
|
|
(20,487 |
) |
|
|
(21,964 |
) |
| Pre-opening costs |
|
|
(3,058 |
) |
|
|
(1,894 |
) |
|
|
(1,633 |
) |
| Gain (loss) on lease modifications |
|
|
(90 |
) |
|
|
(1,058 |
) |
|
|
206 |
|
| Loss on impairment |
|
|
(574 |
) |
|
|
(1,854 |
) |
|
|
(16,548 |
) |
| Loss on legal settlement |
|
|
(6,000 |
) |
|
|
— |
|
|
|
— |
|
| Interest expense, net |
|
|
(1,507 |
) |
|
|
(3,478 |
) |
|
|
(4,681 |
) |
| Other income (expense) |
|
|
178 |
|
|
|
102 |
|
|
|
26 |
|
| Income (loss) from continuing operations before income tax expense |
|
$ |
45,631 |
|
|
$ |
46,338 |
|
|
$ |
(33,204 |
) |
| |
|
|
|
|
|
|
|
|
|
|
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| Capital expenditures: |
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|
|
|
|
|
|
|
|
|
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| Company-owned steakhouse restaurants |
|
$ |
38,110 |
|
|
$ |
11,292 |
|
|
$ |
10,294 |
|
| Corporate assets |
|
|
8,848 |
|
|
|
8,359 |
|
|
|
326 |
|
| Total capital expenditures |
|
$ |
46,958 |
|
|
$ |
19,651 |
|
|
$ |
10,620 |
|
|
| Reconciliation of Assets from Segment to Consolidated [Table Text Block] |
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|
Fiscal Year Ended |
|
| |
|
December 25, |
|
|
December 26, |
|
|
December 27, |
|
| |
|
2022 |
|
|
2021 |
|
|
2020 |
|
| |
|
|
|
|
|
(dollar amounts in thousands) |
|
|
|
|
|
| Total assets: |
|
|
|
|
|
|
|
|
|
|
|
|
| Company-owned steakhouse restaurants |
|
$ |
453,650 |
|
|
$ |
404,929 |
|
|
$ |
420,245 |
|
| Franchise operations |
|
|
2,487 |
|
|
|
2,801 |
|
|
|
1,705 |
|
| Corporate assets - unallocated |
|
|
62,281 |
|
|
|
128,249 |
|
|
|
112,108 |
|
| Deferred income taxes - unallocated |
|
|
3,388 |
|
|
|
- |
|
|
|
8,616 |
|
| Total assets |
|
$ |
521,806 |
|
|
$ |
535,979 |
|
|
$ |
542,674 |
|
|