BJ's Restaurants (BJRI) 10-Q 1 Aug 22 2022 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 28, 2022	Jul. 29, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 28, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Trading Symbol	BJRI
Entity Registrant Name	BJ’S RESTAURANTS, INC.
Entity Central Index Key	0001013488
Current Fiscal Year End Date	--01-03
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Current Reporting Status	Yes
Entity Common Stock, Shares Outstanding		23,454,137
Entity Interactive Data Current	Yes
Entity Shell Company	false
Entity File Number	0-21423
Entity Tax Identification Number	33-0485615
Entity Address, Address Line One	7755 Center Avenue
Entity Address, Address Line Two	Suite 300
Entity Address, City or Town	Huntington Beach
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	92647
City Area Code	714
Local Phone Number	500-2400
Title of 12(b) Security	Common Stock, No Par Value
Security Exchange Name	NASDAQ
Entity Incorporation, State or Country Code	CA
Document Quarterly Report	true
Document Transition Report	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 28, 2022	Dec. 28, 2021
Current assets:
Cash and cash equivalents	$ 37,761	$ 38,527
Accounts and other receivables, net	22,827	29,055
Inventories, net	11,777	11,579
Prepaid expenses and other current assets	9,183	11,654
Total current assets	81,548	90,815
Property and equipment, net	500,396	506,111
Operating lease assets	369,357	365,244
Goodwill	4,673	4,673
Deferred income taxes	33,175	24,902
Other assets, net	41,966	43,421
Total assets	1,031,115	1,035,166
Current liabilities:
Accounts payable	47,874	48,840
Accrued expenses	103,688	112,354
Current operating lease obligations	39,981	39,240
Total current liabilities	191,543	200,434
Long-term operating lease obligations	435,578	436,016
Long-term debt	50,000	50,000
Other liabilities	13,650	14,945
Total liabilities	690,771	701,395
Commitments and contingencies
Shareholders’ equity:
Preferred stock, 5,000 shares authorized, none issued or outstanding
Capital surplus	70,728	72,513
Retained earnings	269,616	261,258
Total shareholders’ equity	340,344	333,771
Total liabilities and shareholders’ equity	$ 1,031,115	$ 1,035,166

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 28, 2022	Dec. 28, 2021
Statement Of Financial Position [Abstract]
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, issued	0	0
Preferred stock, outstanding	0	0
Common stock, par value
Common stock, shares authorized	125,000,000	125,000,000
Common stock, shares issued	23,439,000	23,304,000
Common stock, shares outstanding	23,439,000	23,304,000

Unaudited Consolidated Statemen

Unaudited Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2022	Jun. 29, 2021	Jun. 28, 2022	Jun. 29, 2021
Income Statement [Abstract]
Revenues	$ 329,697	$ 290,283	$ 628,426	$ 513,590
Restaurant operating costs (excluding depreciation and amortization):
Cost of sales	90,928	75,586	172,394	131,735
Labor and benefits	123,111	104,218	239,397	185,898
Occupancy and operating	76,560	67,567	148,261	127,395
General and administrative	16,905	17,032	35,158	32,293
Depreciation and amortization	17,565	18,233	35,541	36,436
Restaurant opening	1,045	721	1,628	849
Loss on disposal and impairment of assets	438	252	595	525
Total costs and expenses	326,552	283,609	632,974	515,131
Income (loss) from operations	3,145	6,674	(4,548)	(1,541)
Other (expense) income:
Interest expense, net	(436)	(1,594)	(1,070)	(2,996)
Other (expense) income, net	(187)	(8)	(575)	302
Total other expense	(623)	(1,602)	(1,645)	(2,694)
Income (loss) before income taxes	2,522	5,072	(6,193)	(4,235)
Income tax expense (benefit)	2,225	(1,297)	(7,950)	(7,463)
Net income	$ 297	$ 6,369	$ 1,757	$ 3,228
Net income per share:
Basic	$ 0.01	$ 0.27	$ 0.08	$ 0.14
Diluted	$ 0.01	$ 0.26	$ 0.07	$ 0.13
Weighted average number of shares outstanding:
Basic	23,434	23,247	23,405	23,087
Diluted	23,576	24,252	23,658	24,083

Unaudited Consolidated Statem_2

Unaudited Consolidated Statements of Shareholders' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock [Member]	Capital Surplus [Member]	Retained Earnings [Member]
Beginning Balance at Dec. 29, 2020	$ 293,788		$ 71,722	$ 222,066
Beginning Balance (in shares) at Dec. 29, 2020		22,318
Exercise of stock options	4,511	$ 6,394	(1,883)
Exercise of stock options (in shares)		122
Issuance of common stock, net	28,907	$ 28,907
Issuance of common stock, net (in shares)		704
Issuance of restricted stock units	(465)	$ 5,816	(6,281)
Issuance of restricted stock units (in shares)		123
Repurchase, retirement and reclassification of common stock		$ (41,117)		41,117
Stock-based compensation	5,155		5,155
Adjustment to dividends previously accrued	10			10
Net income	3,228			3,228
Ending Balance at Jun. 29, 2021	335,134		68,713	266,421
Ending Balance (in shares) at Jun. 29, 2021		23,267
Beginning Balance at Mar. 30, 2021	325,283		67,289	257,994
Beginning Balance (in shares) at Mar. 30, 2021		23,219
Exercise of stock options	901	$ 1,202	(301)
Exercise of stock options (in shares)		28
Issuance of common stock, net	(50)	$ (50)
Issuance of restricted stock units	(14)	$ 901	(915)
Issuance of restricted stock units (in shares)		20
Repurchase, retirement and reclassification of common stock		$ (2,053)		2,053
Stock-based compensation	2,640		2,640
Adjustment to dividends previously accrued	5			5
Net income	6,369			6,369
Ending Balance at Jun. 29, 2021	335,134		68,713	266,421
Ending Balance (in shares) at Jun. 29, 2021		23,267
Beginning Balance at Dec. 28, 2021	333,771		72,513	261,258
Beginning Balance (in shares) at Dec. 28, 2021		23,304
Issuance of restricted stock units	(360)	$ 6,593	(6,953)
Issuance of restricted stock units (in shares)		135
Repurchase, retirement and reclassification of common stock		$ (6,593)		6,593
Stock-based compensation	5,168		5,168
Adjustment to dividends previously accrued	8			8
Net income	1,757			1,757
Ending Balance at Jun. 28, 2022	340,344		70,728	269,616
Ending Balance (in shares) at Jun. 28, 2022		23,439
Beginning Balance at Mar. 29, 2022	337,662		69,326	268,336
Beginning Balance (in shares) at Mar. 29, 2022		23,416
Issuance of restricted stock units		$ 978	(978)
Issuance of restricted stock units (in shares)		23
Repurchase, retirement and reclassification of common stock		$ (978)		978
Stock-based compensation	2,380		2,380
Adjustment to dividends previously accrued	5			5
Net income	297			297
Ending Balance at Jun. 28, 2022	$ 340,344		$ 70,728	$ 269,616
Ending Balance (in shares) at Jun. 28, 2022		23,439

Unaudited Consolidated Statem_3

Unaudited Consolidated Statements of Cash Flows - USD ($) $ in Thousands		6 Months Ended
		Jun. 28, 2022	Jun. 29, 2021
Cash flows from operating activities:
Net income		$ 1,757	$ 3,228
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		35,541	36,436
Non-cash lease expense		16,585	15,419
Amortization of financing costs		109	283
Deferred income taxes		(8,273)	(7,701)
Stock-based compensation expense		4,999	4,983
Loss on disposal and impairment of assets		595	525
Changes in assets and liabilities:
Accounts and other receivables		7,557	(1,432)
Inventories, net		95	58
Prepaid expenses and other current assets		2,052	1,574
Other assets, net		(810)	5
Accounts payable		(5)	9,337
Accrued expenses		(8,596)	11,859
Operating lease obligations		(20,099)	(21,335)
Other liabilities		(1,295)	259
Net cash provided by operating activities		30,212	53,498
Cash flows from investing activities:
Purchases of property and equipment		(31,119)	(14,291)
Proceeds from sale of assets		566	21
Net cash used in investing activities		(30,553)	(14,270)
Cash flows from financing activities:
Borrowings on line of credit		320,000	697,600
Payments on line of credit		(320,000)	(732,600)
Payments of debt issuance costs		(3)	(315)
Proceeds from issuance of common stock, net			28,907
Taxes paid on vested stock units under employee plans		(360)	(938)
Proceeds from exercise of stock options			4,511
Cash dividends accrued under stock compensation plans		(62)	(82)
Net cash used in financing activities		(425)	(2,917)
Net (decrease) increase in cash and cash equivalents		(766)	36,311
Cash and cash equivalents, beginning of period		38,527	51,664
Cash and cash equivalents, end of period		37,761	87,975
Supplemental disclosure of cash flow information:
Cash paid for income taxes		469	292
Cash paid for interest, net of capitalized interest		631	2,457
Cash paid for operating lease obligations		33,238	35,348
Supplemental disclosure of non-cash operating, investing and financing activities:
Operating lease assets obtained in exchange for operating lease obligations		22,118	7,704
Tenant improvement allowance receivable		1,600	4,163
Property and equipment acquired and included in accounts payable		7,260	707
Stock-based compensation capitalized	[1]	$ 169	$ 172
[1]Capitalized stock-based compensation relates to our restaurant development personnel and is included in “Property and equipment, net” on the Consolidated Balance Sheets.

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 28, 2022
Accounting Policies [Abstract]
Basis of Presentation	1. BASIS OF PRESENTATION The accompanying unaudited consolidated financial statements include the accounts of BJ’s Restaurants, Inc. (referred to herein as the “Company,” “we,” “us” and “our”) and our wholly owned subsidiaries. The consolidated financial statements presented herein include all material adjustments (consisting of normal recurring adjustments) which are, in the opinion of management, necessary for a fair presentation of our financial condition, results of operations, shareholders’ equity and cash flows for the periods presented. Our consolidated financial statements and accompanying notes have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Certain information and footnote disclosures normally included in consolidated financial statements in accordance with U.S. GAAP have been omitted pursuant to the U.S. Securities and Exchange Commission (“SEC”) rules. The preparation of financial statements in conformity with U.S. GAAP requires us to make certain estimates and assumptions for the reporting periods covered by the financial statements. These estimates and assumptions affect the reported amounts of assets, liabilities, revenues and expenses. Actual amounts could differ from these estimates. Our operating results for the twenty-six weeks ended June 28, 2022 may not be indicative of operating results for the entire year. A description of our accounting policies and other financial information is included in our audited consolidated financial statements filed with the SEC on Form 10-K for the fiscal year ended December 28, 2021. The disclosures included in our accompanying interim consolidated financial statements and footnotes should be read in conjunction with our consolidated financial statements and notes thereto included in the Annual Report on Form 10-K and our other reports filed from time to time with the Securities and Exchange Commission. COVID-19 Pandemic Update The COVID-19 pandemic has adversely affected, and is expected to continue to adversely affect, our operations and financial results for the foreseeable future. We continue to monitor the progression of the COVID-19 pandemic and state, local and federal government regulatory and public health responses thereto. As of the date of this report, most of our restaurants were operating with few, if any, restrictions.

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jun. 28, 2022
Revenue From Contract With Customer [Abstract]
Revenue Recognition	2. REVENUE RECOGNITION Our revenues are comprised of food and beverage sales from our restaurants. Revenues from restaurant sales are recognized when payment is tendered. Amounts paid with a credit card are recorded in accounts and other receivables until payment is collected from the credit card processor. We sell gift cards which do not have an expiration date and we do not deduct non-usage fees from outstanding gift card balances. Gift card sales are recorded as a liability and recognized as revenues upon redemption in our restaurants. Based on historical redemption rates, a portion of our gift card sales are not expected to be redeemed and are recognized as gift card “breakage” over time. Estimated gift card breakage is recorded as revenue and recognized in proportion to our historical redemption pattern, unless there is a legal obligation to remit the unredeemed gift cards to government authorities. The estimated gift card breakage is based on when the likelihood of redemption becomes remote, which has typically been approximately 24 months after the original gift card issuance date. Our “BJ’s Premier Rewards Plus” customer loyalty program enables participants to earn points for qualifying purchases that can be redeemed for food and beverages in the future. We allocate the transaction price between the goods delivered and the future goods that will be delivered, on a relative standalone selling price basis, and defer the revenues allocated to the points, less expected expirations, until such points are redeemed. The liability related to our gift card and loyalty program, included in “Accrued expenses” on our Consolidated Balance Sheets is as follows (in thousands): June 28, 2022 December 28, 2021 Gift card liability $ 14,253 $ 19,499 Deferred loyalty revenue $ 3,522 $ 3,949 Revenue recognized for the redemption of gift cards and loyalty rewards deferred at the beginning of each respective fiscal year is as follows (in thousands): For the Thirteen Weeks Ended For the Twenty-Six Weeks Ended June 28, 2022 June 29, 2021 June 28, 2022 June 29, 2021 Revenue recognized from gift card liability $ 1,887 $ 1,843 $ 8,568 $ 6,743 Revenue recognized from customer loyalty program $ 1,209 $ 1,378 $ 5,314 $ 6,926

Leases

Leases	6 Months Ended
	Jun. 28, 2022
Leases [Abstract]
Leases	3. LEASES We determine if a contract contains a lease at inception. Our material operating leases consist of restaurant locations and office space. U.S. GAAP requires that our leases be evaluated and classified as operating or finance leases for financial reporting purposes. The classification evaluation begins at the commencement date, and the lease term used in the evaluation includes the non-cancellable period for which we have the right to use the underlying asset, together with renewal option periods when the exercise of the renewal option is reasonably certain and failure to exercise such option would result in an economic penalty. All of our restaurant leases and office space are classified as operating leases. We do not have any finance leases. Lease costs included in “Occupancy & operating” on the Consolidated Statements of Operations consisted of the following (in thousands): For the Thirteen Weeks Ended For the Twenty-Six Weeks Ended June 28, 2022 June 29, 2021 June 28, 2022 June 29, 2021 Lease cost $ 14,827 $ 14,378 $ 29,662 $ 28,587 Variable lease cost 1,037 469 1,745 602 Total lease costs $ 15,864 $ 14,847 $ 31,407 $ 29,189

Long-Term Debt

Long-Term Debt	6 Months Ended
	Jun. 28, 2022
Debt Disclosure [Abstract]
Long-Term Debt	4. LONG-TERM DEBT Line of Credit On November 3, 2021, we entered into a Fourth Amended and Restated Credit Agreement (“Credit Facility”) with Bank of America, N.A. (“BofA”), JPMorgan Chase Bank, N.A., and certain other parties to amend and restate our revolving line of credit (the “Line of Credit”) to improve the pricing, extend the maturity date, change the interest reference rate, eliminate certain financial covenants and conditions, and reset other financial covenants starting with the fourth quarter of 2021. Our Credit Facility matures on November 3, 2026, and provides us with revolving loan commitments totaling $215 million, which may be increased up to $315 million, of which $50 million may be used for the issuance of letters of credit. Availability under the Credit Facility is reduced by outstanding letters of credit, which are used to support our self-insurance programs. On June 28, 2022, there were borrowings of $50.0 million and letters of credit of $17.1 million outstanding, leaving $147.9 million available to borrow. Borrowings under the Line of Credit bear interest at an annual rate equal to either (a) the Bloomberg Short-Term Bank Yield Index rate (“BSBY”) plus a percentage not to exceed 2.00% (with a floor on BSBY of 0.00%), or (b) a percentage not to exceed 1.00% above a Base Rate equal to the highest of (i) the Federal Funds Rate plus 1/2 of 1.00%, (ii) BofA’s Prime Rate, (iii) the BSBY rate plus 1.00%, and (iv) 1.00%, in either case depending on the level of lease and debt obligations of the Company as compared to EBITDA plus lease expenses. The weighted average interest rate during the twenty-six weeks ended June 28, 2022 was approximately 2.2%. The Credit Facility is secured by the Company’s assets and contains provisions requiring us to maintain compliance with certain covenants, including a Fixed Charge Coverage Ratio and a Lease Adjusted Leverage Ratio. At June 28, 2022, we were in compliance with these covenants. Pursuant to the Line of Credit, we are required to pay certain customary fees and expenses associated with maintenance and use of the Line of Credit, including letter of credit issuance fees, unused commitment fees and interest on the Line of Credit, which are payable monthly. Interest expense and commitment fees under the Credit Facility were approximately $1.1 million and $3.0 million, for the twenty-six weeks ended June 28 , 2022 and June 29 , 2021, respectively. We also capitalized approximately $ and $ 40,000 of interest expense related to new restaurant construction during each of the twenty-six weeks ended June 28, 2022 and June 29, 2021.

Net Income Per Share

Net Income Per Share	6 Months Ended
	Jun. 28, 2022
Earnings Per Share [Abstract]
Net Income Per Share	5. NET INCOME PER SHARE Basic net income per share is computed by dividing net income by the weighted average number of common shares outstanding during the period. Diluted net income per share reflects the potential dilution that could occur if in-the-money stock options issued by us to sell common stock at set prices were exercised and if restrictions on restricted stock units (“RSUs”) issued by us were to lapse (collectively, equity awards) using the treasury stock method. Performance-based RSUs are considered contingent shares; therefore, at each reporting date we determine the probable number of shares that will vest and we include these contingently issuable shares in our diluted net income calculation. Once these performance-based RSUs vest, they are included in our basic net income per share calculation. The following table presents a reconciliation of basic and diluted net income per share, including the number of dilutive equity awards that were included in the dilutive net income per share computation (in thousands): For the Thirteen Weeks Ended For the Twenty-Six Weeks Ended June 28, 2022 June 29, 2021 June 28, 2022 June 29, 2021 Numerator: Net income $ 297 $ 6,369 $ 1,757 $ 3,228 Denominator: Weighted-average shares outstanding – basic 23,434 23,247 23,405 23,087 Dilutive effect of equity awards 142 1,005 253 996 Weighted-average shares outstanding – diluted 23,576 24,252 23,658 24,083 Net income per share: Basic $ 0.01 $ 0.27 $ 0.08 $ 0.14 Diluted $ 0.01 $ 0.26 $ 0.07 $ 0.13 For the thirteen weeks ended June 28, 2022 and June 29, 2021, there were approximately 2.2 million and 0.2 million shares of equity awards and warrants, respectively, that were excluded from the calculation of diluted net income per share because they are anti-dilutive. For the twenty-six weeks ended June 28, 2022 and June 29, 2021, there were approximately 2.0 million and 0.2 million shares of equity awards and warrants, respectively, that were excluded from the calculation of diluted net income per share because they are anti-dilutive.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 28, 2022
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock-Based Compensation	6. STOCK-BASED COMPENSATION Our current shareholder approved stock-based compensation plan is the BJ’s Restaurants, Inc. Equity Incentive Plan, (as amended from time to time, “the Plan”). Under the Plan, we may issue shares of our common stock to team members, officers, directors and consultants. We have historically granted incentive stock options, non-qualified stock options, restricted stock and performance and time-based restricted stock units. Stock options are charged against the Plan share reserve on the basis of one share for each share granted. All options granted under the Plan expire within 10 years of their date of grant. Grants of restricted stock, RSUs, performance shares and performance units, if any, are currently charged against the Plan share reserve on the basis of 1.5 shares for each share granted. The Plan also contains other limits on the terms of incentive grants such as limits on the number that can be granted to a team member during any fiscal year. Under the Plan, we issue time-based and performance-based RSUs and non-qualified stock options to vice presidents and above on an annual basis, as well as new hires who are given the option between receiving their full grant as a time-based RSU or split evenly between non-qualified stock options and time-based RSUs. We issue time-based RSUs to other select support team members, and we issue time-based RSUs to non-employee members of our Board of Directors. We also issue RSUs, and previously issued non-qualified stock options, in connection with the BJ’s Gold Standard Stock Ownership Program (the “GSSOP”). The GSSOP is a long-term equity incentive program for our restaurant general managers, executive kitchen managers, directors of operations and directors of kitchen operations. GSSOP grants are dependent on the length of each participant’s service with us and position. All GSSOP participants are required to remain in good standing during their vesting period. The Plan permits our Board of Directors to set the vesting terms and exercise period for awards at their discretion; however, the grant of awards with no minimum vesting period or a vesting period less than one year may not exceed 5% of the total number of shares authorized under the Plan. Stock options and time-based RSUs vest ratably over one , three or five years for non-GSSOP participants and either cliff vest at three or five years o r cliff vest at 33 % on the third anniversary and 67 % on the fifth anniversary for GSSOP participants. Performance-based RSUs generally cliff vest on the third anniversary of the grant date in an amount from 0 % to % of the grant quantity, dependent on the level of performance target achievement . On January 15, 2021, our Board of Directors approved special fully-vested restricted stock grants, in lieu of cash bonuses to Restaurant Support Center team members at the Vice President and Director levels. These grants were in amounts designed to approximate a portion of their potential incentive compensation, which was approximately $0.5 million. The following table presents the stock-based compensation recognized within our consolidated financial statements (in thousands): For the Thirteen Weeks Ended For the Twenty-Six Weeks Ended June 28, 2022 June 29, 2021 June 28, 2022 June 29, 2021 Labor and benefits $ 640 $ 723 $ 1,390 $ 1,531 General and administrative $ 1,648 $ 1,842 $ 3,609 $ 3,452 Capitalized (1) $ 93 $ 75 $ 169 $ 172 (1) Capitalized stock-based compensation relates to our restaurant development personnel and is included in “Property and equipment, net” on the Consolidated Balance Sheets. Stock Options The fair value of each stock option was estimated on the grant date using the Black‑Scholes option-pricing model with the following weighted average assumptions: For the Twenty-Six Weeks Ended June 28, 2022 June 29, 2021 Expected volatility 63.2 % 60.4 % Risk-free interest rate 1.6 % 0.5 % Expected option life 5 years 5 years Dividend yield — % — % Fair value of options granted $ 17.35 $ 23.78 U.S. GAAP requires us to make certain assumptions and estimates regarding the grant date fair value. These include expected volatility, risk-free interest rate, expected option life, and dividend yield. These assumptions and estimates are determined using inputs that, in many cases, are outside of our control. Changes in these assumptions and estimates, including stock price volatility, dividend yield and risk-free interest rate, may significantly impact the fair value of future grants resulting in a significant impact to our financial results. Under our stock-based compensation plan the exercise price of a stock option is required to equal or exceed the fair value of our common stock at market close on the option grant date or the most recent trading day when grants take place on market holidays. The following table presents stock option activity: Options Outstanding Options Exercisable Shares (in thousands) Weighted Average Exercise Price Shares (in thousands) Weighted Average Exercise Price Outstanding at December 28, 2021 775 $ 41.77 519 $ 41.02 Granted 100 32.19 Exercised — — Forfeited (34 ) 40.98 Outstanding at June 28, 2022 841 $ 40.67 623 $ 41.59 As of June 28, 2022, total unrecognized stock-based compensation expense related to non-vested stock options was approximately $2.7 million, which is generally expected to be recognized over the next three years. Restricted Stock Units Time-Based Restricted Stock Units The following table presents time-based restricted stock unit activity: Shares (in thousands) Weighted Average Fair Value Outstanding at December 28, 2021 619 $ 39.35 Granted 218 31.06 Released (119 ) 43.36 Forfeited (45 ) 36.58 Outstanding at June 28, 2022 673 $ 36.13 The fair value of time-based RSUs is equal to the fair value of our common stock at market close on the date of grant or the most recent trading day when grants take place on market holidays. The fair value of each time-based RSU is expensed over the vesting period (e.g., one, three or five years). As of June 28, 2022, total unrecognized stock-based compensation expense related to non-vested RSUs was approximately $12.7 million, which is generally expected to be recognized over the next five years. Performance-Based Restricted Stock Units The following table presents performance-based restricted stock unit activity: Shares (in thousands) Weighted Average Fair Value Outstanding at December 28, 2021 112 $ 45.60 Granted 52 32.27 Released (27 ) 53.22 Forfeited (14 ) 40.06 Outstanding at June 28, 2022 123 $ 38.89 The fair value of performance-based RSUs is equal to the fair value of our common stock at market close on the date of grant or the most recent trading day when grants take place on market holidays. The fair value of each performance-based RSU is expensed, based on management’s current estimate of the level that the performance goal will be achieved. As of June 28, 2022, based on

Income Taxes

Income Taxes	6 Months Ended
	Jun. 28, 2022
Income Tax Disclosure [Abstract]
Income Taxes	7 . INCOME TAXES We calculate our interim income tax provision in accordance with ASC Topic 270, “Interim Reporting” and ASC Topic 740, “Accounting for Income Taxes.” The related tax expense or benefit is recognized in the interim period in which it occurs. In addition, the effect of changes in enacted tax laws, rates or tax status is recognized in the interim period in which the change occurs. The computation of the annual estimated effective tax rate at each interim period requires certain estimates and significant judgment including the expected operating income for the year, permanent and temporary differences as a result of differences between amounts measured and recognized in accordance with tax laws and financial accounting standards, and the likelihood of recovering deferred tax assets. The accounting estimates used to compute income tax expense may change as new events occur, additional information is obtained or the tax environment changes. Our effective income tax benefit rate for the twenty-six weeks ended June 28, 2022 was 128.4% compared to a benefit of 176.2% for the comparable twenty-six week period of 2021. The effective tax rate benefit for the twenty-six weeks ended June 28, 2022 and June 29, 2021, was different from the statutory tax rate primarily as a result of significant FICA tax tip credits. As of June 28, 2022, we had unrecognized tax benefits of approximately $1.2 million, of which approximately $1.1 million, if reversed, would impact our effective tax rate. A reconciliation of the beginning and ending amount of unrecognized tax benefits is the following (in thousands): For the Twenty-Six Weeks Ended June 28, 2022 June 29, 2021 Beginning gross unrecognized tax benefits $ 1,198 $ 1,333 Increases for tax positions taken in prior years 3 — Decreases for tax positions taken in prior years (1 ) — Increases for tax positions taken in the current year 22 43 Ending gross unrecognized tax benefits $ 1,222 $ 1,376 Our uncertain tax positions are related to tax years that remain subject to examination by tax agencies. As of June 28, 2022, the earliest tax year still subject to examination by the Internal Revenue Service is 2015. The earliest year still subject to examination by a significant state or local taxing jurisdiction is 2017.

Legal Proceedings

Legal Proceedings	6 Months Ended
	Jun. 28, 2022
Commitments And Contingencies Disclosure [Abstract]
Legal Proceedings	8. LEGAL PROCEEDINGS We are subject to lawsuits, administrative proceedings and demands that arise in the ordinary course of our business and which typically involve claims from guests, team members and others related to operational, employment, real estate and intellectual property issues common to the foodservice industry. A number of these claims may exist at any given time. We are self-insured for a portion of our general liability, team member workers’ compensation and employment practice liability insurance requirements. We maintain coverage with a third-party insurer to limit our total exposure. We believe that most of our team member claims will be covered by our general liability insurance, subject to coverage limits and the portion of such claims that are self-insured. Punitive damages awards and team member unfair practice claims, however, are not covered by our general liability insurance. To date, we have not been ordered to pay punitive damages with respect to any claims, but there can be no assurance that punitive damages will not be awarded with respect to any future claims. We could be affected by adverse publicity resulting from allegations in lawsuits, claims and proceedings, regardless of whether these allegations are valid or whether we are ultimately determined to be liable. We currently believe that the final disposition of these type of lawsuits, proceedings and claims will not have a material adverse effect on our financial position, results of operations or liquidity. It is possible, however, that our future results of operations for a particular quarter or fiscal year could be impacted by changes in circumstances relating to lawsuits, proceedings or claims.

Shareholders' Equity

Shareholders' Equity	6 Months Ended
	Jun. 28, 2022
Equity [Abstract]
Shareholders' Equity	9. SHAREHOLDERS’ EQUITY At-the-Market Offering On January 21, 2021, we Stock Repurchases As of June 28, 2022, we have approximately $24.4 million remaining under the current $500 million share repurchase plan approved by our Board of Directors. Repurchases may be made at any time. Cash Dividends Due to the COVID-19 pandemic, our Board of Directors suspended quarterly cash dividends until it is determined that resumption of dividend payments is in the best interest of the Company and its shareholders. As such, the only cash dividends paid during the twenty-six weeks ended June 28, 2022 were related to dividends (declared prior to fiscal 2020) which vested under our stock compensation plans.

Basis of Presentation (Policies

Basis of Presentation (Policies)	6 Months Ended
	Jun. 28, 2022
Accounting Policies [Abstract]
Basis of Presentation	The accompanying unaudited consolidated financial statements include the accounts of BJ’s Restaurants, Inc. (referred to herein as the “Company,” “we,” “us” and “our”) and our wholly owned subsidiaries. The consolidated financial statements presented herein include all material adjustments (consisting of normal recurring adjustments) which are, in the opinion of management, necessary for a fair presentation of our financial condition, results of operations, shareholders’ equity and cash flows for the periods presented. Our consolidated financial statements and accompanying notes have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Certain information and footnote disclosures normally included in consolidated financial statements in accordance with U.S. GAAP have been omitted pursuant to the U.S. Securities and Exchange Commission (“SEC”) rules. The preparation of financial statements in conformity with U.S. GAAP requires us to make certain estimates and assumptions for the reporting periods covered by the financial statements. These estimates and assumptions affect the reported amounts of assets, liabilities, revenues and expenses. Actual amounts could differ from these estimates. Our operating results for the twenty-six weeks ended June 28, 2022 may not be indicative of operating results for the entire year. A description of our accounting policies and other financial information is included in our audited consolidated financial statements filed with the SEC on Form 10-K for the fiscal year ended December 28, 2021. The disclosures included in our accompanying interim consolidated financial statements and footnotes should be read in conjunction with our consolidated financial statements and notes thereto included in the Annual Report on Form 10-K and our other reports filed from time to time with the Securities and Exchange Commission.
COVID-19 Pandemic Update	COVID-19 Pandemic Update The COVID-19 pandemic has adversely affected, and is expected to continue to adversely affect, our operations and financial results for the foreseeable future. We continue to monitor the progression of the COVID-19 pandemic and state, local and federal government regulatory and public health responses thereto. As of the date of this report, most of our restaurants were operating with few, if any, restrictions.
Net Income Per Share	Basic net income per share is computed by dividing net income by the weighted average number of common shares outstanding during the period. Diluted net income per share reflects the potential dilution that could occur if in-the-money stock options issued by us to sell common stock at set prices were exercised and if restrictions on restricted stock units (“RSUs”) issued by us were to lapse (collectively, equity awards) using the treasury stock method. Performance-based RSUs are considered contingent shares; therefore, at each reporting date we determine the probable number of shares that will vest and we include these contingently issuable shares in our diluted net income calculation. Once these performance-based RSUs vest, they are included in our basic net income per share calculation.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Jun. 28, 2022
Revenue From Contract With Customer [Abstract]
Gift Card Liability and Loyalty Program Included in Accrued Expenses on Consolidated Balance Sheets	The liability related to our gift card and loyalty program, included in “Accrued expenses” on our Consolidated Balance Sheets is as follows (in thousands): June 28, 2022 December 28, 2021 Gift card liability $ 14,253 $ 19,499 Deferred loyalty revenue $ 3,522 $ 3,949
Revenue Recognized for Redemption of Gift Cards and Loyalty Rewards Deferred	Revenue recognized for the redemption of gift cards and loyalty rewards deferred at the beginning of each respective fiscal year is as follows (in thousands): For the Thirteen Weeks Ended For the Twenty-Six Weeks Ended June 28, 2022 June 29, 2021 June 28, 2022 June 29, 2021 Revenue recognized from gift card liability $ 1,887 $ 1,843 $ 8,568 $ 6,743 Revenue recognized from customer loyalty program $ 1,209 $ 1,378 $ 5,314 $ 6,926

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 28, 2022
Leases [Abstract]
Summary of Lease Costs	Lease costs included in “Occupancy & operating” on the Consolidated Statements of Operations consisted of the following (in thousands): For the Thirteen Weeks Ended For the Twenty-Six Weeks Ended June 28, 2022 June 29, 2021 June 28, 2022 June 29, 2021 Lease cost $ 14,827 $ 14,378 $ 29,662 $ 28,587 Variable lease cost 1,037 469 1,745 602 Total lease costs $ 15,864 $ 14,847 $ 31,407 $ 29,189

Net Income Per Share (Tables)

Net Income Per Share (Tables)	6 Months Ended
	Jun. 28, 2022
Earnings Per Share [Abstract]
Reconciliation of Basic and Diluted Net Income Per Share Computations and Number of Dilutive Equity Awards Included in Dilutive Net Income Per Share Computation	The following table presents a reconciliation of basic and diluted net income per share, including the number of dilutive equity awards that were included in the dilutive net income per share computation (in thousands): For the Thirteen Weeks Ended For the Twenty-Six Weeks Ended June 28, 2022 June 29, 2021 June 28, 2022 June 29, 2021 Numerator: Net income $ 297 $ 6,369 $ 1,757 $ 3,228 Denominator: Weighted-average shares outstanding – basic 23,434 23,247 23,405 23,087 Dilutive effect of equity awards 142 1,005 253 996 Weighted-average shares outstanding – diluted 23,576 24,252 23,658 24,083 Net income per share: Basic $ 0.01 $ 0.27 $ 0.08 $ 0.14 Diluted $ 0.01 $ 0.26 $ 0.07 $ 0.13

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 28, 2022
Stock-Based Compensation Recognized within Our Consolidated Financial Statements	The following table presents the stock-based compensation recognized within our consolidated financial statements (in thousands): For the Thirteen Weeks Ended For the Twenty-Six Weeks Ended June 28, 2022 June 29, 2021 June 28, 2022 June 29, 2021 Labor and benefits $ 640 $ 723 $ 1,390 $ 1,531 General and administrative $ 1,648 $ 1,842 $ 3,609 $ 3,452 Capitalized (1) $ 93 $ 75 $ 169 $ 172 (1) Capitalized stock-based compensation relates to our restaurant development personnel and is included in “Property and equipment, net” on the Consolidated Balance Sheets.
Black-Scholes Option-Pricing Model, Weighted Average Assumptions Used to Estimate the Fair Value of Each Stock Option	The fair value of each stock option was estimated on the grant date using the Black‑Scholes option-pricing model with the following weighted average assumptions: For the Twenty-Six Weeks Ended June 28, 2022 June 29, 2021 Expected volatility 63.2 % 60.4 % Risk-free interest rate 1.6 % 0.5 % Expected option life 5 years 5 years Dividend yield — % — % Fair value of options granted $ 17.35 $ 23.78
Stock Option Activity	Under our stock-based compensation plan the exercise price of a stock option is required to equal or exceed the fair value of our common stock at market close on the option grant date or the most recent trading day when grants take place on market holidays. The following table presents stock option activity: Options Outstanding Options Exercisable Shares (in thousands) Weighted Average Exercise Price Shares (in thousands) Weighted Average Exercise Price Outstanding at December 28, 2021 775 $ 41.77 519 $ 41.02 Granted 100 32.19 Exercised — — Forfeited (34 ) 40.98 Outstanding at June 28, 2022 841 $ 40.67 623 $ 41.59
Time-Vested Restricted Stock Units
Restricted Stock Unit Activity	The following table presents time-based restricted stock unit activity: Shares (in thousands) Weighted Average Fair Value Outstanding at December 28, 2021 619 $ 39.35 Granted 218 31.06 Released (119 ) 43.36 Forfeited (45 ) 36.58 Outstanding at June 28, 2022 673 $ 36.13
Performance Based Restricted Stock Units
Restricted Stock Unit Activity	The following table presents performance-based restricted stock unit activity: Shares (in thousands) Weighted Average Fair Value Outstanding at December 28, 2021 112 $ 45.60 Granted 52 32.27 Released (27 ) 53.22 Forfeited (14 ) 40.06 Outstanding at June 28, 2022 123 $ 38.89

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	Jun. 28, 2022
Income Tax Disclosure [Abstract]
Reconciliation of Beginning and Ending Amount of Unrecognized Tax Benefits	A reconciliation of the beginning and ending amount of unrecognized tax benefits is the following (in thousands): For the Twenty-Six Weeks Ended June 28, 2022 June 29, 2021 Beginning gross unrecognized tax benefits $ 1,198 $ 1,333 Increases for tax positions taken in prior years 3 — Decreases for tax positions taken in prior years (1 ) — Increases for tax positions taken in the current year 22 43 Ending gross unrecognized tax benefits $ 1,222 $ 1,376

Revenue Recognition - Additiona

Revenue Recognition - Additional Information (Detail)	6 Months Ended
	Jun. 28, 2022
Revenue From Contract With Customer [Abstract]
Gift cards breakage, redemption period	24 months

Gift Card Liability and Loyalty

Gift Card Liability and Loyalty Program Included in Accrued Expenses on Consolidated Balance Sheets (Detail) - USD ($) $ in Thousands	Jun. 28, 2022	Dec. 28, 2021
Contract With Customer Asset And Liability [Abstract]
Gift card liability	$ 14,253	$ 19,499
Deferred loyalty revenue	$ 3,522	$ 3,949

Revenue Recognized for Redempti

Revenue Recognized for Redemption of Gift Cards and Loyalty Rewards Deferred (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2022	Jun. 29, 2021	Jun. 28, 2022	Jun. 29, 2021
Disaggregation Of Revenue [Abstract]
Revenue recognized from gift card liability	$ 1,887	$ 1,843	$ 8,568	$ 6,743
Revenue recognized from customer loyalty program	$ 1,209	$ 1,378	$ 5,314	$ 6,926

Leases - Summary of Lease Costs

Leases - Summary of Lease Costs (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2022	Jun. 29, 2021	Jun. 28, 2022	Jun. 29, 2021
Leases [Abstract]
Lease cost	$ 14,827	$ 14,378	$ 29,662	$ 28,587
Variable lease cost	1,037	469	1,745	602
Total lease costs	$ 15,864	$ 14,847	$ 31,407	$ 29,189

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Detail) - USD ($)	6 Months Ended		12 Months Ended
	Jun. 28, 2022	Jun. 29, 2021	Dec. 28, 2021
Line of Credit Facility [Line Items]
Loan agreement, initiation Date	Nov. 03, 2021
Weighted average interest rate	2.20%
Loan agreement, description	The Credit Facility is secured by the Company’s assets and contains provisions requiring us to maintain compliance with certain covenants, including a Fixed Charge Coverage Ratio and a Lease Adjusted Leverage Ratio.
Credit Facility Debt Instrument
Line of Credit Facility [Line Items]
Loan agreement, expiration date			Nov. 03, 2026
Revolving loan commitments under loan agreement			$ 215,000,000
Letters of credit outstanding amount	$ 17,100,000
Line of credit outstanding amount	50,000,000
Available borrowings under credit facility	147,900,000
Interest expense and commitment fees	1,100,000	$ 3,000,000
Interest expense on line of credit	$ 90,000	$ 40,000
Letter of Credit
Line of Credit Facility [Line Items]
Revolving loan commitments under loan agreement			50,000,000
BSBY
Line of Credit Facility [Line Items]
Debt instrument, description of variable rate basis	BSBY rate plus 1.00%
Maximum | Credit Facility Debt Instrument
Line of Credit Facility [Line Items]
Increase in line of credit			$ 315,000,000
Maximum | BSBY | Credit Facility Debt Instrument
Line of Credit Facility [Line Items]
Line of credit, adjustment to interest rate	2%
Minimum | Base Rate
Line of Credit Facility [Line Items]
Line of credit, adjustment to interest rate	1%

Reconciliation of Basic and Dil

Reconciliation of Basic and Diluted Net Income Per Share Computations and Number of Dilutive Equity Awards Included in Dilutive Net Income Per Share Computation (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2022	Jun. 29, 2021	Jun. 28, 2022	Jun. 29, 2021
Earnings Per Share [Abstract]
Net income	$ 297	$ 6,369	$ 1,757	$ 3,228
Weighted-average shares outstanding – basic	23,434	23,247	23,405	23,087
Dilutive effect of equity awards	142	1,005	253	996
Weighted-average shares outstanding – diluted	23,576	24,252	23,658	24,083
Net income per share:
Basic	$ 0.01	$ 0.27	$ 0.08	$ 0.14
Diluted	$ 0.01	$ 0.26	$ 0.07	$ 0.13

Net Income Per Share - Addition

Net Income Per Share - Additional Information (Detail) - shares shares in Millions	3 Months Ended		6 Months Ended
	Jun. 28, 2022	Jun. 29, 2021	Jun. 28, 2022	Jun. 29, 2021
Equity Awards and Warrants
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of net (loss) income per share	2.2	0.2	2	0.2

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Detail) - USD ($) $ in Millions		6 Months Ended
	Jan. 15, 2021	Jun. 28, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares charged to reserve per granted share		1
Share basis for number shares charged to reserve		1
Expiration term of stock options		10 years
Vesting terms		The Plan permits our Board of Directors to set the vesting terms and exercise period for awards at their discretion; however, the grant of awards with no minimum vesting period or a vesting period less than one year may not exceed 5% of the total number of shares authorized under the Plan.
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares charged to reserve per granted share		1.5
Stock granted for foregone cash compensation for salary reductions	$ 0.5
Stock Options and Time-based RSUs [Member] | Vesting Period One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (in years)		1 year
Stock Options and Time-based RSUs [Member] | Vesting Period Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (in years)		3 years
Stock Options and Time-based RSUs [Member] | Vesting Period Three
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (in years)		5 years
Stock Options and Time-based RSUs [Member] | Cliff Vesting Third Anniversary
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage		33%
Stock Options and Time-based RSUs [Member] | Cliff Vesting Fifth Anniversary
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage		67%
Stock Options and Time-based RSUs [Member] | Cliff Vesting Period One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (in years)		3 years
Stock Options and Time-based RSUs [Member] | Cliff Vesting Period Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (in years)		5 years
Performance Based Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized stock-based compensation expense		$ 3.1
Unrecognized stock-based compensation expenses recognition period (in years)		3 years
Performance Based Restricted Stock Units | Minimum | Cliff Vesting Third Anniversary
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage		0%
Performance Based Restricted Stock Units | Maximum | Cliff Vesting Third Anniversary
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage		225%
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized stock-based compensation expense		$ 2.7
Unrecognized stock-based compensation expenses recognition period (in years)		3 years
Time-Based Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized stock-based compensation expense		$ 12.7
Unrecognized stock-based compensation expenses recognition period (in years)		5 years

Stock-Based Compensation Recogn

Stock-Based Compensation Recognized within Our Consolidated Financial Statements (Detail) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 28, 2022	Jun. 29, 2021	Jun. 28, 2022	Jun. 29, 2021
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Capitalized	[1]	$ 93	$ 75	$ 169	$ 172
Labor and benefits
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation		640	723	1,390	1,531
General and administrative
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation		$ 1,648	$ 1,842	$ 3,609	$ 3,452
[1]Capitalized stock-based compensation relates to our restaurant development personnel and is included in “Property and equipment, net” on the Consolidated Balance Sheets.

Black-Scholes Option-Pricing Mo

Black-Scholes Option-Pricing Model, Weighted Average Assumptions Used to Estimate the Fair Value of Each Stock Option (Detail) - $ / shares	6 Months Ended
	Jun. 28, 2022	Jun. 29, 2021
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Expected volatility	63.20%	60.40%
Risk-free interest rate	1.60%	0.50%
Expected option life	5 years	5 years
Fair value of options granted	$ 17.35	$ 23.78

Stock Option Activity (Detail)

Stock Option Activity (Detail) shares in Thousands	6 Months Ended
	Jun. 28, 2022 $ / shares shares
Options Outstanding, Shares
Outstanding, Beginning Balance | shares	775
Granted | shares	100
Forfeited | shares	(34)
Outstanding, Ending Balance | shares	841
Options Outstanding, Weighted Average Exercise Price
Outstanding, Beginning Balance | $ / shares	$ 41.77
Granted | $ / shares	32.19
Forfeited | $ / shares	40.98
Outstanding, Ending Balance | $ / shares	$ 40.67
Options Exercisable, Shares
Options Exercisable Outstanding, Beginning Balance | shares	519
Options Exercisable Outstanding, Ending Balance | shares	623
Options Exercisable, Weighted Average Exercise Price
Options Exercisable, Beginning Balance | $ / shares	$ 41.02
Options Exercisable, Ending Balance | $ / shares	$ 41.59

Time-Based Restricted Stock Uni

Time-Based Restricted Stock Unit Activity (Detail) - Time-Based Restricted Stock Units shares in Thousands	6 Months Ended
	Jun. 28, 2022 $ / shares shares
Shares Outstanding
Outstanding Beginning Balance, Shares | shares	619
Granted, Shares | shares	218
Released. Shares | shares	(119)
Forfeited, Shares | shares	(45)
Outstanding Ending Balance, Shares | shares	673
Weighted Average Fair Value
Outstanding Beginning Balance, Weighted Average Fair Value | $ / shares	$ 39.35
Granted, Weighted Average Fair Value | $ / shares	31.06
Released, Weighted Average Fair Value | $ / shares	43.36
Forfeited, Weighted Average Fair Value | $ / shares	36.58
Outstanding Ending Balance, Weighted Average Fair Value | $ / shares	$ 36.13

Performance-Based Restricted St

Performance-Based Restricted Stock Unit Activity (Detail) - Performance Based Restricted Stock Units shares in Thousands	6 Months Ended
	Jun. 28, 2022 $ / shares shares
Shares Outstanding
Outstanding Beginning Balance, Shares | shares	112
Granted, Shares | shares	52
Released. Shares | shares	(27)
Forfeited, Shares | shares	(14)
Outstanding Ending Balance, Shares | shares	123
Weighted Average Fair Value
Outstanding Beginning Balance, Weighted Average Fair Value | $ / shares	$ 45.60
Granted, Weighted Average Fair Value | $ / shares	32.27
Released, Weighted Average Fair Value | $ / shares	53.22
Forfeited, Weighted Average Fair Value | $ / shares	40.06
Outstanding Ending Balance, Weighted Average Fair Value | $ / shares	$ 38.89

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 28, 2022	Jun. 29, 2021	Dec. 28, 2021	Dec. 29, 2020
Significant Change In Unrecognized Tax Benefits Is Reasonably Possible [Line Items]
Income tax benefit rate	128.40%	176.20%
Unrecognized tax benefits	$ 1,222	$ 1,376	$ 1,198	$ 1,333
Unrecognized tax benefits that would impact effective tax rate, if reversed	$ 1,100
Federal [Member] | Earliest Tax Year [Member]
Significant Change In Unrecognized Tax Benefits Is Reasonably Possible [Line Items]
Income tax examination, years open	2015
State or Local Taxing Jurisdiction [Member] | Earliest Tax Year [Member]
Significant Change In Unrecognized Tax Benefits Is Reasonably Possible [Line Items]
Income tax examination, years open	2017

Reconciliation of Beginning and

Reconciliation of Beginning and Ending Amount of Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 28, 2022	Jun. 29, 2021
Income Tax Disclosure [Abstract]
Beginning gross unrecognized tax benefits	$ 1,198	$ 1,333
Increases for tax positions taken in prior years	3
Decreases for tax positions taken in prior years	(1)
Increases for tax positions taken in the current year	22	43
Ending gross unrecognized tax benefits	$ 1,222	$ 1,376

Shareholders' Equity - Addition

Shareholders' Equity - Additional Information (Detail) - USD ($)	Jan. 21, 2021	Jun. 28, 2022
Class Of Stock [Line Items]
Common stock remaining under the share repurchase plan		$ 24,400,000
Current amount authorized under the share repurchase plan		$ 500,000,000
ATM Offering Program [Member]
Class Of Stock [Line Items]
Issuance of common stock (in shares)	703,399
Common stock, per share	$ 42.65
Proceeds from issuance of common stock, gross	$ 30,000,000
Number of shares issuable on exercise of warrants	876,949
Warrants exercise price, per share	$ 26.94