Annual report pursuant to Section 13 and 15(d)

Property and Equipment, net

v3.24.0.1
Property and Equipment, net
12 Months Ended
Dec. 31, 2023
Property and Equipment, net  
Property and Equipment, net

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Note 3 – Property and Equipment, net

Property and equipment, net consist of the following (in thousands):

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​

​

​

​

​

​

​

​

December 31, 

​

December 31, 

​

​

2023

​

2022

Furniture, fixtures and equipment

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$

49,753

​

$

33,372

Leasehold improvements

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130,136

​

 

89,121

Less: accumulated depreciation and amortization

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(60,128)

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(47,528)

Subtotal

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119,761

​

 

74,965

Construction in progress

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17,044

​

 

16,276

Restaurant smallwares

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3,103

​

 

2,846

Total

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$

139,908

​

$

94,087

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Depreciation and amortization related to property and equipment amounted to $15.1 million and $11.7 million for the years ended December 31, 2023 and 2022, respectively. The Company depreciates construction in progress upon such assets being placed into service.