Annual report [Section 13 and 15(d), not S-K Item 405]

Income Taxes - Summary of Deferred Tax Assets and Liabilities (Details)

v3.25.0.1
Income Taxes - Summary of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Deferred tax assets:    
Operating lease liabilities $ 70,807 $ 23,798
Stock compensation 361 371
FICA tip credit carryforward 49,407 18,312
Net operating loss 7,324 5,543
Goodwill 589 753
Inventory 101 52
Charitable contributions carryforward 37 26
Foreign tax credit carryforward 622 622
Deferred revenue 1,627 126
State and local tax credit carryforward 21 78
Expenses not deductible until paid 2,961 83
IRC 163(j) disallowed interest carryforward 34,002 2,152
Debt issuance costs   82
Kona Grill related acquisition costs 621 693
Total deferred tax assets 168,480 52,691
Deferred tax liabilities:    
Operating lease right-of-use assets (60,600) (17,360)
Depreciation and amortization (19,599) (19,888)
Trademarks and franchise agreements (30,215)  
Other (136) (64)
Total deferred tax liabilities (110,550) (37,312)
Valuation allowance (4,248) (622)
Net deferred tax assets $ 53,682 $ 14,757