Quarterly report [Sections 13 or 15(d)]

Segment Reporting (Details)

v3.25.2
Segment Reporting (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 29, 2025
Jun. 30, 2024
Jun. 29, 2025
Jun. 30, 2024
Segment Reporting Information [Line Items]        
Owned restaurant net revenue $ 203,907 $ 169,021 $ 411,305 $ 250,529
Owned restaurant cost of sales (43,190) (35,877) (86,310) (54,591)
Owned restaurant operating expenses (129,493) (103,772) (258,268) (153,410)
Restaurant operating profit 31,224 29,372 66,727 42,528
Management, license, franchise and incentive fee revenue 3,472 3,473 7,203 6,960
General and administrative expenses (10,192) (9,139) (21,651) (15,315)
Stock based compensation (1,470) (1,495) (3,102) (2,853)
Depreciation and amortization (10,870) (8,025) (20,699) (13,285)
Transition and integration expenses (3,949) (3,794) (7,668) (3,794)
Pre-opening expenses (1,579) (2,516) (3,260) (5,430)
Transaction and exit costs (61) (6,519) (130) (7,878)
Lease termination and exit expenses (5,635) (307) (5,706) (471)
Other expenses (278)   (323) (32)
Interest expense, net of interest income (10,295) (7,865) (20,117) (9,943)
Loss on early debt extinguishment   (4,149)   (4,149)
Loss before provision (benefit) for income taxes (9,633) (10,964) (8,726) (13,662)
Reconciliation of total revenues        
Owned restaurant net revenue 203,907 169,021 411,305 250,529
Management, license, franchise and incentive fee revenue 3,472 3,473 7,203 6,960
Revenues 207,379 172,494 418,508 257,489
STK        
Segment Reporting Information [Line Items]        
Owned restaurant net revenue 51,319 49,690 106,185 101,046
Owned restaurant cost of sales (12,337) (11,867) (25,446) (24,220)
Owned restaurant operating expenses (30,726) (28,708) (62,347) (56,604)
Restaurant operating profit 8,256 9,115 18,392 20,222
Management, license, franchise and incentive fee revenue 2,844 2,960 6,037 6,356
Reconciliation of total revenues        
Owned restaurant net revenue 51,319 49,690 106,185 101,046
Management, license, franchise and incentive fee revenue 2,844 2,960 6,037 6,356
Benihana        
Segment Reporting Information [Line Items]        
Owned restaurant net revenue 115,400 77,885 230,741 77,885
Owned restaurant cost of sales (22,832) (15,254) (44,928) (15,254)
Owned restaurant operating expenses (71,796) (46,466) (142,155) (46,466)
Restaurant operating profit 20,772 16,165 43,658 16,165
Management, license, franchise and incentive fee revenue 553 421 1,022 421
Reconciliation of total revenues        
Owned restaurant net revenue 115,400 77,885 230,741 77,885
Management, license, franchise and incentive fee revenue 553 421 1,022 421
Grill Concepts        
Segment Reporting Information [Line Items]        
Owned restaurant net revenue 37,020 41,303 74,106 71,452
Owned restaurant cost of sales (8,019) (8,755) (15,931) (15,110)
Owned restaurant operating expenses (26,807) (28,569) (53,556) (50,302)
Restaurant operating profit 2,194 3,979 4,619 6,040
Reconciliation of total revenues        
Owned restaurant net revenue 37,020 41,303 74,106 71,452
Other        
Segment Reporting Information [Line Items]        
Owned restaurant net revenue 168 143 273 146
Owned restaurant cost of sales (2) (1) (5) (7)
Owned restaurant operating expenses (164) (29) (210) (38)
Restaurant operating profit 2 113 58 101
Management, license, franchise and incentive fee revenue 75 92 144 183
Reconciliation of total revenues        
Owned restaurant net revenue 168 143 273 146
Management, license, franchise and incentive fee revenue $ 75 $ 92 $ 144 $ 183