Pay vs Performance Disclosure, Table


Year	Summary Compensation Table Total for Mr. Tucker (1)		Compensation Actually Paid to Mr. Tucker (2)		Summary Compensation Table Total for Mr. Harris (1)		Compensation Actually Paid to Mr. Harris (2)		Average Summary Compensation Table Total for Non-PEO NEOs (1)		Average Compensation Actually Paid to Non-PEO NEOs (2)		Value of Initial Fixed $100 Investment Based on:				Net Income / (Loss) (in thousands) (4)		Adjusted EBITDA (in thousands) (5)
Year	Summary Compensation Table Total for Mr. Tucker (1)		Compensation Actually Paid to Mr. Tucker (2)		Summary Compensation Table Total for Mr. Harris (1)		Compensation Actually Paid to Mr. Harris (2)				Average Compensation Actually Paid to Non-PEO NEOs (2)		Company TSR (3)		Peer Group TSR (3)		Net Income / (Loss) (in thousands) (4)		Adjusted EBITDA (in thousands) (5)
2025	$	5,271,591	$	4,345,992	$	4,590,897	$	445,248	$	1,606,291	$	753,062	$	27.88	$	125.49	$	(80,719)	$	270,931
2024	$	—	$	—	$	5,302,655	$	2,588,620	$	1,460,772	$	1,001,308	$	69.29	$	141.56	$	(36,695)	$	322,273
2023	$	—	$	—	$	5,346,487	$	5,904,032	$	1,218,660	$	1,107,969	$	95.35	$	121.03	$	130,826	$	339,210
2022	$	—	$	—	$	4,623,568	$	3,552,682	$	1,319,384	$	1,252,322	$	77.79	$	79.16	$	115,781	$	321,974
2021	$	—	$	—	$	4,709,511	$	5,194,709	$	1,218,621	$	1,181,661	$	124.73	$	124.80	$	165,755	$	325,680

Company Selected Measure Name

Adjusted EBITDA

Named Executive Officers, Footnote

The PEO for the majority of 2025 was Mr. Tucker, our Chief Executive Officer who was appointed CEO effective March 31, 2025. Mr. Harris, our former Chief Executive Officer was PEO from 2021 through March 14, 2025. The other named executive officers (NEOs) for each year reported are as follows:

•2025: Ms. Hooper; Mr. Scott; Mr. Ostrom; Ms. Super; and Mr. Mount

•2024: Mr. Scott; Mr. Ostrom; Mr. Cook, Mr. Gordon; and Ms. Super

•2023: Mr. Scott; Ms. Hooper; Mr. Mullany; Mr. Ostrom; Mr. Gordon; and Ms. Super

•2022: Mr. Mullany; Mr. Ostrom; Mr. Cook; and Mr. Piano

•2021: Mr. Mullany; Ms. Hooper; Mr. Ostrom; Mr. Gordon; Mr. Piano; and Mr. Martin

Peer Group Issuers, Footnote

For the relevant fiscal year, represents the cumulative TSR of our common stock and the “Company Peers” (as defined below) assuming an initial investment of $100 at the beginning of fiscal 2021. “Company Peers” include BJ's Restaurants Inc.; Bloomin’ Brands, Inc.; Brinker Int’l, Inc.; Cheesecake Factory Inc.; Cracker Barrel Old Country Store, Inc.; Denny's Corp.; Dine Brands Global Inc.; Domino's Pizza, Inc.; El Pollo Loco Holdings Inc.; Krispy Kreme, Inc.; Papa John's Int’l Inc.; Restaurant Brands Int’l Inc.; Shake Shack Inc.; Texas Roadhouse, Inc.; Wendy’s Company; and Wingstop Inc.

Our fiscal years 2024 Company Peers were BJ's Restaurants Inc.; Bloomin’ Brands, Inc.; Brinker Int’l, Inc.; Cheesecake Factory Inc.; Chipotle Mexican Grill, Inc.; Cracker Barrel Old Country Store, Inc.; Denny's Corp.; Dine Brands Global Inc.; Domino's Pizza, Inc.; El Pollo Loco Holdings Inc.; Krispy Kreme, Inc.; Papa John's Int’l Inc.; Restaurant Brands Int’l Inc.; Shake Shack Inc.; Texas Roadhouse, Inc.; Wendy’s Company; and Wingstop Inc. Using this group of Company Peers would have resulted in the following TSRs: 2021-$128, 2022-$101, 2023-$122, 2024-$173, 2025-$137.

PEO Total Compensation Amount

$ 5,271,591

$ 5,302,655

$ 5,346,487

$ 4,623,568

$ 4,709,511

PEO Actually Paid Compensation Amount

$ 4,345,992

2,588,620

5,904,032

3,552,682

5,194,709

Adjustment To PEO Compensation, Footnote

SEC rules require certain adjustments be made to the Summary Compensation Table totals to determine CAP as reported in the Pay Versus Performance table above. The table below sets forth the adjustments from Total Compensation reported in the Summary Compensation Table. For purposes of the pension valuation adjustments, there was no pension service or prior service cost. In addition, for purposes of equity adjustments, there were no dividends or other earnings paid during the applicable fiscal year.


	2025				2024				2023				2022				2021
	PEO		Average Non-PEO NEOs		PEO		Average Non-PEO NEOs		PEO		Average Non-PEO NEOs		PEO		Average Non-PEO NEOs		PEO		Average Non-PEO NEOs
Summary Compensation Table (“SCT”) Total Compensation	$	5,271,591	$	1,606,291	$	5,302,655	$	1,460,772	$	5,346,487	$	1,218,660	$	4,623,568	$	1,319,384	$4,709,511		$1,218,621

Deduct: Change in Pension Value Reported in the SCT for Applicable Fiscal Year (“FY”)	—		—		—		7,769		—		290		—		—		—		4,425

Deduct: Grant Date Fair Value of the “Stock Awards” Column in the SCT for Applicable FY	3,636,095		1,345,489		3,501,773		610,126		2,745,302		358,811		2,618,140		445,614		2,634,444		374,357
Add: Fair Value at Applicable FY End of Equity Awards Granted during Applicable FY that Remain Unvested as of Applicable FY End	2,710,496		725,807		2,502,908		440,550		3,604,355		434,342		2,456,309		479,344		2,907,881		349,413
Add: Change in Fair Value from the end of the Prior FY to the end of the Applicable FY of Awards Granted during Prior FY that were Outstanding and Unvested as of Applicable FY End	—		(171,570)		(1,270,927)		(190,685)		(193,040)		(16,166)		(758,214)		(94,153)		123,482		17,106
Add: Vesting Date Fair Value of Awards Granted during Prior FY that Vested During Applicable FY	—		(61,977)		(444,243)		(82,908)		(108,468)		(11,034)		(150,842)		(6,638)		88,279		26,087
Add: Vesting Date Fair Value of Awards Granted during Applicable FY that Vested During Applicable FY	—		—		—		32,081		—		—		—		—		—		—
Deduct: Fair Value at Prior Year End of Awards Granted during Prior FY that were Forfeited during Applicable FY	—		—		—		40,607		—		158,732		—		—		—		50,783
Compensation Actually Paid**	$	4,345,992	$	753,062	$	2,588,620	$	1,001,308	$	5,904,032	$	1,107,969	$	3,552,682	$	1,252,322	$	5,194,709	$	1,181,661

* Fair value of equity awards was computed in accordance with the Company’s methodology used for financial reporting purposes as the grant date fair value of all awards were determined based on the assumptions and methodologies set forth in the Company's 2025 Annual Report on Form 10-K (Note 13, Share-Based Employee Compensation).

** Due to rounding, the totals shown may not equal the precise values obtained by adding and subtracting the numbers in the column.

Non-PEO NEO Average Total Compensation Amount

$ 1,606,291

1,460,772

1,218,660

1,319,384

1,218,621

Non-PEO NEO Average Compensation Actually Paid Amount

$ 753,062

1,001,308

1,107,969

1,252,322

1,181,661

Adjustment to Non-PEO NEO Compensation Footnote


	2025				2024				2023				2022				2021
	PEO		Average Non-PEO NEOs		PEO		Average Non-PEO NEOs		PEO		Average Non-PEO NEOs		PEO		Average Non-PEO NEOs		PEO		Average Non-PEO NEOs
Summary Compensation Table (“SCT”) Total Compensation	$	5,271,591	$	1,606,291	$	5,302,655	$	1,460,772	$	5,346,487	$	1,218,660	$	4,623,568	$	1,319,384	$4,709,511		$1,218,621

Deduct: Change in Pension Value Reported in the SCT for Applicable Fiscal Year (“FY”)	—		—		—		7,769		—		290		—		—		—		4,425

Deduct: Grant Date Fair Value of the “Stock Awards” Column in the SCT for Applicable FY	3,636,095		1,345,489		3,501,773		610,126		2,745,302		358,811		2,618,140		445,614		2,634,444		374,357
Add: Fair Value at Applicable FY End of Equity Awards Granted during Applicable FY that Remain Unvested as of Applicable FY End	2,710,496		725,807		2,502,908		440,550		3,604,355		434,342		2,456,309		479,344		2,907,881		349,413
Add: Change in Fair Value from the end of the Prior FY to the end of the Applicable FY of Awards Granted during Prior FY that were Outstanding and Unvested as of Applicable FY End	—		(171,570)		(1,270,927)		(190,685)		(193,040)		(16,166)		(758,214)		(94,153)		123,482		17,106
Add: Vesting Date Fair Value of Awards Granted during Prior FY that Vested During Applicable FY	—		(61,977)		(444,243)		(82,908)		(108,468)		(11,034)		(150,842)		(6,638)		88,279		26,087
Add: Vesting Date Fair Value of Awards Granted during Applicable FY that Vested During Applicable FY	—		—		—		32,081		—		—		—		—		—		—
Deduct: Fair Value at Prior Year End of Awards Granted during Prior FY that were Forfeited during Applicable FY	—		—		—		40,607		—		158,732		—		—		—		50,783
Compensation Actually Paid**	$	4,345,992	$	753,062	$	2,588,620	$	1,001,308	$	5,904,032	$	1,107,969	$	3,552,682	$	1,252,322	$	5,194,709	$	1,181,661

** Due to rounding, the totals shown may not equal the precise values obtained by adding and subtracting the numbers in the column.

Compensation Actually Paid vs. Total Shareholder Return

Compensation Actually Paid vs. Net Income

Compensation Actually Paid vs. Company Selected Measure

Total Shareholder Return Vs Peer Group

Total Shareholder Return Amount

$ 27.88

69.29

95.35

77.79

124.73

Peer Group Total Shareholder Return Amount

125.49

141.56

121.03

79.16

124.80

Net Income (Loss)

$ (80,719,000)

$ (36,695,000)

$ 130,826,000

$ 115,781,000

$ 165,755,000

Company Selected Measure Amount

270,931,000

322,273,000

339,210,000

321,974,000

325,680,000

PEO Name

Mr. Tucker

Additional 402(v) Disclosure

Reflects net income in the Company’s Consolidated Income Statements included in the Company’s Annual Reports on Form 10-K for each of the fiscal years shown.

Adjusted EBITDA, Annual Incentive Target Weighting, Percentage

50.00%

Measure:: 1

Non-GAAP Measure Description

Adjusted EBITDA

The Company’s Selected Measure (“CSM”) is Adjusted EBITDA which is a non-GAAP measure defined by the Company as net earnings (loss) on a GAAP basis excluding income taxes, interest expense, net, gains on the sale of company-operated restaurants, other operating expense (income), net, impairment of goodwill and intangible assets, depreciation and amortization, amortization of cloud computing costs, amortization of favorable and unfavorable leases and subleases, net, amortization of franchise tenant improvement allowances and incentives, net COLI (gains) losses, and pension and post-retirement benefit cost. See Appendix A — Reconciliation of Non-GAAP measurements to GAAP Results. We chose Adjusted EBITDA as our Company Selected Measure for evaluating Pay versus Performance because it is the key metric for measuring operational performance and is the primary metric used in our annual incentive targets (with 50% weighting).

Measure:: 2

System Same-Store Sales

Measure:: 3

Development & Net Unit Growth

Measure:: 5

Return on Invested Capital (ROIC)

Measure:: 6

Systemwide Sales (All Restaurants)

Mr. Tucker [Member]

PEO Total Compensation Amount

$ 5,271,591

PEO Actually Paid Compensation Amount

4,345,992

Mr. Harris [Member]

PEO Total Compensation Amount

4,590,897

$ 5,302,655

$ 5,346,487

$ 4,623,568

$ 4,709,511

PEO Actually Paid Compensation Amount

445,248

2,588,620

5,904,032

3,552,682

5,194,709

PEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table

PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table

PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested

(3,636,095)

(3,501,773)

(2,745,302)

(2,618,140)

(2,634,444)

PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested

2,710,496

2,502,908

3,604,355

2,456,309

2,907,881

PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year

(1,270,927)

(193,040)

(758,214)

123,482

Non-PEO NEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table

(444,243)

(108,468)

(150,842)

88,279

Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table

(7,769)

(290)

(4,425)

Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested

(1,345,489)

(610,126)

(358,811)

(445,614)

(374,357)

Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested

725,807

440,550

434,342

479,344

349,413

Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year

(171,570)

(190,685)

(16,166)

(94,153)

17,106

Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year

32,081

Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year

$ (61,977)

(82,908)

(11,034)

$ (6,638)

26,087