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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 26, 2023
Revenues    
Total revenues $ 111,153 $ 118,270
Sandwich shop operating expenses, excluding depreciation    
Food, beverage and packaging costs 29,270 32,620
Labor and related expenses 32,253 36,502
Occupancy expenses 11,714 13,310
Other operating expenses 19,829 20,484
Franchise support, rent and marketing expenses 2,537 591
General and administrative expenses 11,547 9,969
Depreciation expense 3,011 2,971
Pre-opening costs 0 22
Loss on Franchise Growth Acceleration Initiative activities 133 949
Impairment, loss on disposal of property and equipment and shop closures 741 1,045
Total operating expenses 111,035 118,463
Income (loss) from operations 118 (193)
Interest expense, net 364 667
Loss on extinguishment of debt 2,376 239
Loss before income taxes (2,622) (1,099)
Income tax expense 51 105
Net loss (2,673) (1,204)
Net income attributable to non-controlling interest 94 123
Net loss attributable to Potbelly Corporation $ (2,767) $ (1,327)
Net income per common share attributable to common stockholders:    
Basic (in USD per share) $ (0.09) $ (0.05)
Diluted (in USD per share) $ (0.09) $ (0.05)
Weighted average shares outstanding:    
Basic (in shares) 29,551 28,907
Diluted (in shares) 29,551 28,907
Sandwich shop sales, net    
Revenues    
Total revenues $ 107,577 $ 116,947
Franchise royalties, fees and rent income    
Revenues    
Total revenues $ 3,576 $ 1,323