Annual report pursuant to Section 13 and 15(d)

Property & Equipment (Tables)

v3.24.1.u1
Property & Equipment (Tables)
12 Months Ended
Jan. 01, 2024
Property, Plant and Equipment [Abstract]  
Summary of Property and Equipment Depreciation is provided by the straight-line method over an estimated useful life as shown below:
Years
Leaseholder Improvements Shorter of lease term or life of asset
Kitchen equipment and other equipment
5 - 7
Computers and office equipment
3 - 5
Furniture and fixtures
5 - 7
Vehicles
5 - 7
Property and equipment consisted of the following:

(in thousands) January 1, 2024 January 2, 2023
Leasehold improvements $ 17,579  $ 17,029 
Kitchen equipment and other equipment 8,708  8,196 
Computers and office equipment 1,536  1,468 
Furniture and fixtures 2,828  2,677 
Vehicles 37 
30,659  29,407 
Less: Accumulated depreciation and amortization (14,538) (10,036)
Property & equipment – net $ 16,121  $ 19,371