Content analysis
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New words:
Additionally, Agent, alternative, arrangement, ASU, Charge, classified, compensatory, contract, Coverage, director, disaggregation, DND, Drew, elevated, Employment, entry, exit, extended, FASB, gain, governing, guarantee, guidance, hedge, issued, Issuer, jurisdiction, lender, Madsen, model, modified, multiple, Nonqualified, observed, Option, Oregon, progressed, prospectively, Regulation, remeasurement, rent, retrospectively, sell, short, slight, standardization, Swing, terrorist, thereto, titled, Topic, transaction
Removed:
abnormal, basket, channel, constructing, deceleration, duration, experience, fifteen, Finally, floating, foreseeable, high, implemented, improvement, ingredient, inspection, June, meaningful, modest, permitting, persist, premium, protein, recessionary, select, sentiment, shorter, subsequently, timing, utility, vendor
Financial report summary
?Risks
- Our business is subject to evolving corporate governance and public disclosure regulations and expectations, including with respect to environmental, social and governance matters, that could expose us to numerous risks.
Management Discussion
- (1)Amounts for the fiscal quarter ended AprilĀ 4, 2023 include modifications to the adjusted EBITDA calculation to remove adjustments for non-cash rent expense related to sub-leases, certain costs associated with closed restaurants and costs related to corporate matters to conform to the current year presentation.
- (2)Restaurant impairments in all periods presented above include amounts related to restaurants previously impaired. See Note 7, Restaurant Impairments, Closure Costs and Asset Disposals.