Noodles & Company (NDLS) 10-Q 6 Aug 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information Document and Entity Information - shares	6 Months Ended
	Jul. 02, 2019	Aug. 02, 2019
Cover page.
Title of 12(b) Security	Class A Common Stock, $0.01 par value per share
Entity Address, Address Line One	520 Zang Street, Suite D
Entity Address, City or Town	Broomfield,
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80021
Entity Incorporation, State or Country Code	DE
Document Quarterly Report	true
Entity Registrant Name	NOODLES & COMPANY
Entity Central Index Key	0001275158
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Document Type	10-Q
Document Period End Date	Jul. 2, 2019
Document Transition Report	false
Entity File Number	001-35987
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Common Stock, Shares Outstanding		44,111,347
Entity Tax Identification Number	84-1303469
City Area Code	720
Local Phone Number	214-1900
Trading Symbol	NDLS
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Shell Company	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 02, 2019	Apr. 02, 2019	Jan. 02, 2019	Jan. 01, 2019	Jul. 03, 2018	Apr. 03, 2018	Jan. 02, 2018
Current assets:
Cash and cash equivalents	$ 3,338		$ 4,655	$ 4,655	$ 3,640		$ 3,361
Accounts receivable	2,544		2,616	2,391
Inventories	9,860		9,646	9,646
Prepaid expenses and other assets	4,797		3,231	6,474
Income tax receivable	191		185	185
Total current assets	20,730		20,333	23,351
Property and equipment, net	134,692		139,618	138,774
Operating lease assets, net	215,347		219,883	0
Goodwill	7,154		6,400	6,400
Intangibles, net	1,057		1,224	1,291
Other assets, net	2,376		2,216	2,216
Total long-term assets	360,626		369,341	148,681
Total assets	381,356		389,674	172,032
Current liabilities:
Accounts payable	7,567		7,854	7,854
Accrued payroll and benefits	13,027		13,391	13,391
Accrued expenses and other current liabilities	8,530		10,630	11,183
Current operating lease liabilities	21,781		0	0
Current portion of long-term debt	938		719	719
Total current liabilities	51,843		32,594	33,147
Long-term debt, net	43,714		44,183	44,183
Long-term operating lease liabilities, net	233,902		260,931	0
Deferred rent	0		148	37,334
Deferred tax liabilities, net	133		133	133
Other long-term liabilities	4,861		4,996	4,554
Total liabilities	334,453		342,985	119,351
Stockholders’ equity:
Preferred stock—$0.01 par value, 1,000,000 shares authorized and undesignated as of July 2, 2019 and January 1, 2019; no shares issued or outstanding	0		0	0
Common stock—$0.01 par value, 180,000,000 shares authorized as of July 2, 2019 and January 1, 2019; 46,508,586 issued and 44,084,715 outstanding as of July 2, 2019 and 46,353,309 issued and 43,929,438 outstanding as of January 1, 2019	465		464	464
Treasury stock, at cost, 2,423,871 shares as of July 2, 2019 and January 1, 2019	(35,000)		(35,000)	(35,000)
Additional paid-in capital	199,978		198,352	198,352
Accumulated deficit	(118,540)		(117,127)	(111,135)
Total stockholders’ equity	46,903	$ 45,596	46,689	52,681	$ 26,169	$ 31,407	$ 35,861
Total liabilities and stockholders’ equity	$ 381,356		$ 389,674	$ 172,032

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 02, 2019	Jul. 03, 2018	Jul. 02, 2019	Jul. 03, 2018
Revenue:
Total revenue	$ 120,190	$ 117,395	$ 230,236	$ 227,921
Restaurant operating costs (exclusive of depreciation and amortization shown separately below):
Other restaurant operating costs	16,858	16,875	33,314	33,773
General and administrative	11,848	14,813	21,988	25,081
Depreciation and amortization	5,661	5,797	11,168	11,617
Pre-opening	65	3	65	50
Restaurant impairments, closure costs and asset disposals	2,884	2,580	3,304	4,160
Total costs and expenses	118,952	121,557	230,088	234,761
Income (loss) from operations	1,238	(4,162)	148	(6,840)
Loss on extinguishment of debt	0	626	0	626
Interest expense, net	800	1,154	1,561	2,292
Income (loss) before income taxes	438	(5,942)	(1,413)	(9,758)
Provision (benefit) for income taxes	0	(7)	0	(248)
Net income (loss) and comprehensive income (loss)	438	(5,935)	(1,413)	(9,510)
Net income (loss) attributable to common stockholders	$ 438	$ (5,935)	$ (1,413)	$ (9,510)
Earnings (loss) per share of Class A and Class B common stock, combined:
Basic (USD per share)	$ 0.01	$ (0.14)	$ (0.03)	$ (0.23)
Diluted (USD per share)	$ 0.01	$ (0.14)	$ (0.03)	$ (0.23)
Weighted average shares of Class A and Class B common stock outstanding, combined:
Basic (in shares)	43,964,175	41,172,924	43,955,580	41,150,698
Diluted (in shares)	45,075,888	41,172,924	43,955,580	41,150,698
Restaurant revenue
Revenue:
Total revenue	$ 118,858	$ 116,451	$ 227,623	$ 226,064
Restaurant operating costs (exclusive of depreciation and amortization shown separately below):
Cost of goods and services sold	30,448	31,089	59,539	60,345
Labor
Restaurant operating costs (exclusive of depreciation and amortization shown separately below):
Cost of goods and services sold	38,877	38,043	75,969	74,615
Franchising royalties and fees, and other
Revenue:
Total revenue	1,332	944	2,613	1,857
Occupancy
Restaurant operating costs (exclusive of depreciation and amortization shown separately below):
Cost of goods and services sold	$ 12,311	$ 12,357	$ 24,741	$ 25,120

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jul. 02, 2019	Jan. 01, 2019
Statement of Financial Position [Abstract]
Preferred stock, par value (USD per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (USD per share)	$ 0.01	$ 0.01
Common stock, shares authorized	180,000,000	180,000,000
Common stock, shares, issued (in shares)	46,508,586	46,353,309
Common stock, shares, outstanding	44,084,715	43,929,438
Treasury stock, shares	2,423,871	2,423,871

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 02, 2019	Jul. 03, 2018	Jul. 02, 2019	Jul. 03, 2018
Statement of Comprehensive Income [Abstract]
Net loss	$ 438	$ (5,935)	$ (1,413)	$ (9,510)

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Stockholders’ Equity - USD ($) $ in Thousands	Total	Common Stock	Treasury Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings (Accumulated Deficit) [Member]
Beginning balance, shares at Jan. 02, 2018		43,550,329	2,423,871
Beginning balance at Jan. 02, 2018	$ 35,861	$ 436	$ (35,000)	$ 171,613	$ (101,188)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Proceeds from exercise of stock options, warrants and employee stock purchase plan (in shares)		140,066
Proceeds from exercise of stock options, warrants and employee stock purchase plan	(293)	$ 1		(294)
Stock-based compensation expense	1,617			1,617
Net loss	(9,510)				(9,510)
Ending balance at Jul. 03, 2018	26,169	$ 437	$ (35,000)	172,936	(112,204)
Ending balance, shares at Jul. 03, 2018		43,690,395	2,423,871
Beginning balance, shares at Apr. 03, 2018		43,559,312	2,423,871
Beginning balance at Apr. 03, 2018	31,407	$ 436	$ (35,000)	172,240	(106,269)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Proceeds from exercise of stock options, warrants and employee stock purchase plan (in shares)		131,083
Proceeds from exercise of stock options, warrants and employee stock purchase plan	(328)	$ 1		(329)
Stock-based compensation expense				1,025
Net loss	(5,935)				(5,935)
Ending balance at Jul. 03, 2018	26,169	$ 437	$ (35,000)	172,936	(112,204)
Ending balance, shares at Jul. 03, 2018		43,690,395	2,423,871
Beginning balance, shares at Jan. 01, 2019		46,353,309	2,423,871
Beginning balance at Jan. 01, 2019	52,681	$ 464	$ (35,000)	198,352	(111,135)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Proceeds from exercise of stock options, warrants and employee stock purchase plan (in shares)		155,277
Proceeds from exercise of stock options, warrants and employee stock purchase plan	(235)	$ 1		(236)
Stock-based compensation expense	1,862			1,862
Net loss	(1,413)				(1,413)
Ending balance at Jul. 02, 2019	46,903	$ 465	$ (35,000)	199,978	(118,540)
Ending balance, shares at Jul. 02, 2019		46,508,586	2,423,871
Beginning balance, shares at Apr. 02, 2019		46,370,951	2,423,871
Beginning balance at Apr. 02, 2019	45,596	$ 464	$ (35,000)	199,110	(118,978)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Proceeds from exercise of stock options, warrants and employee stock purchase plan (in shares)		137,635
Proceeds from exercise of stock options, warrants and employee stock purchase plan	(256)	$ 1		(257)
Stock-based compensation expense	1,125			1,125
Net loss	438				438
Ending balance at Jul. 02, 2019	$ 46,903	$ 465	$ (35,000)	$ 199,978	$ (118,540)
Ending balance, shares at Jul. 02, 2019		46,508,586	2,423,871

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jul. 02, 2019	Jul. 03, 2018
Operating activities
Net loss	$ (1,413)	$ (9,510)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	11,168	11,617
Deferred income taxes	0	(251)
Restaurant impairments, closure costs and asset disposals	2,784	3,669
Loss on extinguishment of debt	0	626
Amortization of debt issuance costs	250	363
Stock-based compensation	1,841	1,592
Changes in operating assets and liabilities:
Accounts receivable	(143)	837
Inventories	(347)	(751)
Prepaid expenses and other assets	(904)	(1,184)
Accounts payable	(1,332)	(2,909)
Deferred rent	0	(975)
Income taxes	(6)	(46)
Operating lease assets and liabilities	(407)	0
Accrued expenses and other liabilities	(2,483)	(241)
Net cash provided by operating activities	9,008	2,837
Investing activities
Purchases of property and equipment	(8,217)	(7,051)
Proceeds from disposal of property and equipment	352	0
Franchise restaurant acquisition, net of cash acquired	(1,387)	0
Net cash used in investing activities	(9,252)	(7,051)
Financing activities
Net payments from swing line loan	0	(101)
Proceeds from issuance of long-term debt	0	73,389
Payments on long-term debt	(500)	(66,873)
Payments on finance leases	(338)	0
Stock plan transactions and tax withholding on share based compensation awards	(235)	(293)
Debt issuance costs	0	(1,629)
Net cash (used in) provided by financing activities	(1,073)	4,493
Net (decrease) increase in cash and cash equivalents	(1,317)	279
Cash and cash equivalents
Beginning of period	4,655	3,361
End of period	$ 3,338	$ 3,640

Business Summary and Basis of P

Business Summary and Basis of Presentation	6 Months Ended
	Jul. 02, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business Summary and Basis of Presentation	Business Summary and Basis of Presentation Business Noodles & Company (the “Company”), a Delaware corporation, develops and operates fast casual restaurants that serve globally inspired noodle and pasta dishes, soups, salads and appetizers. As of July 2, 2019 , the Company had 395 company-owned restaurants and 62 franchise restaurants in 29 states and the District of Columbia. The Company operates its business as one operating and reportable segment. Basis of Presentation The accompanying unaudited condensed consolidated financial statements include the accounts of Noodles & Company and its subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. The accompanying interim unaudited condensed consolidated financial statements have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all the information and footnotes required by accounting principles generally accepted in the United States of America (“GAAP”) for complete financial statements. In the opinion of the Company, all adjustments considered necessary for the fair presentation of the Company’s results of operations, financial position and cash flows for the periods presented have been included and are of a normal, recurring nature. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The results of operations for any interim period are not necessarily indicative of results for the full year. Certain information and footnote disclosures normally included in the Company’s annual consolidated financial statements on Form 10-K have been condensed or omitted. The condensed consolidated balance sheet as of January 1, 2019 was derived from audited financial statements. These financial statements should be read in conjunction with the audited financial statements and the related notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended January 1, 2019 . Fiscal Year The Company operates on a 52- or 53-week fiscal year ending on the Tuesday closest to December 31. The Company’s fiscal quarters each contain 13 operating weeks, with the exception of the fourth quarter of a 53-week fiscal year, which contains 14 operating weeks. Fiscal year 2019 , which ends on December 31, 2019 , and fiscal year 2018 , which ended on January 1, 2019 , both contain 52 weeks. The Company’s fiscal quarter that ended July 2, 2019 is referred to as the second quarter of 2019 , and the fiscal quarter ended July 3, 2018 is referred to as the second quarter of 2018 . Recent Accounting Pronouncements The Company reviewed recently issued accounting pronouncements and concluded that they were either not applicable or not expected to have a material impact on the Company’s financial position or results of operations and cash flows. Recently Adopted Accounting Pronouncements On January 2, 2019, the Company adopted ASU 2016-02, “Leases (Topic 842),” along with related clarifications and improvements. This pronouncement requires a lessee to recognize a liability for lease obligations, which represents the discounted obligation to make future lease payments, and a corresponding right-of-use asset on the balance sheet. The guidance also requires certain qualitative and quantitative disclosures about the amount, timing and uncertainty of cash flows arising from leases. The Company elected the alternative transition method to apply the standard as of the beginning of the period of adoption; therefore, the Company has not applied the standard to the comparative periods presented on its condensed consolidated financial statements. The adoption of this lease guidance did have a material impact on the Company’s Consolidated Balance Sheets by materially increasing its non-current assets and current and non-current liabilities due to the recognition of the right-of-use assets and related lease liabilities primarily related to the Company’s restaurant operating leases and corporate office space. Upon adoption, the right-of-use assets were based upon the operating lease liabilities adjusted for prepaid and deferred rent, liabilities associated with lease termination costs and impairment of right-of-use assets. The impairment of right-of-use assets upon adoption was recognized in retained earnings as of January 2, 2019. The adoption of the standard did not have a material impact on the Company’s Condensed Consolidated Statements of Operations in the second quarter of 2019 or the first two quarters of 2019. The adoption also included the enhancement of the Company’s disclosures related to leases. See disclosure in Note 9, Leases. The impact on the Condensed Consolidated Balance Sheet on the date of adoption was as follows: January 1, Adjustments Due to the Adoption of Topic 842 (unaudited) January 2, 2019 (unaudited) Assets Current assets: Cash and cash equivalents $ 4,655 $ — $ 4,655 Accounts receivable 2,391 225 2,616 Inventories 9,646 — 9,646 Prepaid expenses and other assets 6,474 (3,243 ) 3,231 Income tax receivable 185 — 185 Total current assets 23,351 (3,018 ) 20,333 Property and equipment, net 138,774 844 139,618 Operating lease assets, net — 219,883 219,883 Goodwill 6,400 — 6,400 Intangibles, net 1,291 (67 ) 1,224 Other assets, net 2,216 — 2,216 Total long-term assets 148,681 220,660 369,341 Total assets $ 172,032 $ 217,642 $ 389,674 Liabilities and Stockholders’ Equity Current liabilities: Accounts payable $ 7,854 $ — $ 7,854 Accrued payroll and benefits 13,391 — 13,391 Accrued expenses and other current liabilities 11,183 (553 ) 10,630 Current operating lease liabilities — — — Current portion of long-term debt 719 — 719 Total current liabilities 33,147 (553 ) 32,594 Long-term debt, net 44,183 — 44,183 Long-term operating lease liabilities, net — 260,931 260,931 Deferred rent 37,334 (37,186 ) 148 Deferred tax liabilities, net 133 — 133 Other long-term liabilities 4,554 442 4,996 Total liabilities 119,351 223,634 342,985 Stockholders’ equity: Preferred stock—$0.01 par value, 1,000,000 shares authorized and undesignated as of January 1, 2019; no shares issued or outstanding — — — Common stock—$0.01 par value, 180,000,000 shares authorized as of January 1, 2019; 46,353,309 issued and 43,929,438 outstanding as of January 1, 2019 464 — 464 Treasury stock, at cost, 2,423,871 shares as of January 1, 2019 (35,000 ) — (35,000 ) Additional paid-in capital 198,352 — 198,352 Accumulated deficit (111,135 ) (5,992 ) (117,127 ) Total stockholders’ equity 52,681 (5,992 ) 46,689 Total liabilities and stockholders’ equity $ 172,032 $ 217,642 $ 389,674

Supplemental Financial Informat

Supplemental Financial Information	6 Months Ended
	Jul. 02, 2019
Supplemental Financial Information [Abstract]
Supplemental Financial Information	Supplemental Financial Information Property and equipment, net, consists of the following (in thousands): July 2, January 1, Leasehold improvements $ 196,237 $ 197,571 Furniture, fixtures and equipment 122,107 121,479 Construction in progress 6,953 3,620 325,297 322,670 Accumulated depreciation and amortization (190,605 ) (183,896 ) $ 134,692 $ 138,774 Accrued expenses and other current liabilities consist of the following (in thousands): July 2, January 1, Gift card liability $ 1,647 $ 3,284 Occupancy related - other 1,337 2,600 Utilities 1,487 1,582 Other accrued expenses 4,059 3,717 $ 8,530 $ 11,183

Long-Term Debt

Long-Term Debt	6 Months Ended
	Jul. 02, 2019
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt On May 9, 2018, the Company entered into a credit facility with U.S. Bank National Association (the “2018 Credit Facility”). The 2018 Credit Facility consists of a term loan facility in an aggregate principal amount of $25.0 million and a revolving line of credit of $65.0 million (which may be increased to $75.0 million ), which includes a letter of credit subfacility in the amount of $15.0 million and a swingline subfacility in the amount of $10.0 million . The 2018 Credit Facility has a four-year term and matures on May 9, 2022. Borrowings under the 2018 Credit Facility, including the term loan facility, bear interest annually, at the Company’s option, at either (i) LIBOR plus a margin of 2.25% to 3.25% per annum, based upon the consolidated total lease-adjusted leverage ratio or (ii) the highest of the following base rates plus a margin of 1.25% to 2.25% per annum: (a) the federal funds rate plus 0.50% ; (b) the U.S. Bank prime rate or (c) the one-month LIBOR plus 1.00% . The 2018 Credit Facility includes a commitment fee of 0.30% to 0.50% per annum, based upon the consolidated total lease-adjusted leverage ratio, on any unused portion of the revolving credit facility. As of July 2, 2019 , the Company had $46.1 million of indebtedness (excluding $1.4 million of unamortized debt issuance costs) and $3.2 million of letters of credit outstanding under the 2018 Credit Facility. The term loan requires principal payments of $156,250 per quarter through the first quarter of 2019 , $187,500 per quarter through the first quarter of 2020 , $375,000 per quarter through the first quarter of 2021 , and $531,250 per quarter through maturity in the second quarter of 2022 . Aggregate maturities for debt outstanding as of July 2, 2019 are as follows (in thousands): Year 1 $ 938 Year 2 1,656 Year 3 1,594 Year 4 41,888 Total $ 46,076 The Company’s outstanding indebtedness bore interest at rates between 5.34% to 7.25% during the first two quarters of 2019 . Upon execution of the 2018 Credit Facility, the Company repaid in full its outstanding indebtedness under its prior credit facility using funds drawn on its 2018 Credit Facility. Upon repayment, the prior credit facility and all related agreements were terminated. A loss on extinguishment of debt in the amount of $0.6 million was recorded during the second quarter of 2018 in connection with this repayment. The Company also maintains outstanding letters of credit to secure obligations under its workers’ compensation program and certain lease obligations. The Company was in compliance with all of its debt covenants as of July 2, 2019 .

Leases

Leases	6 Months Ended
	Jul. 02, 2019
Leases [Abstract]
Leases	Leases The Company leases restaurant facilities, office space and certain equipment that expire on various dates through September 2034. Lease terms for restaurants in traditional shopping centers generally include a base term of 10 years, with options to extend these leases for additional periods of five to 15 years. Leases with an initial term of 12 months or less are not recorded on the balance sheet; we recognize lease expense for these leases on a straight-line basis over the lease term. The Company’s leases typically contain rent escalations over the lease term. The Company recognizes expense for these leases on a straight-line basis over the lease term. Additionally, tenant incentives used to fund leasehold improvements are recognized when earned and reduce the right-of-use asset related to the lease. These are amortized through the right-of-use asset as reductions of expense over the lease term. Some of the Company’s leases include rent escalations based on inflation indexes and fair market value adjustments. Certain leases contain contingent rental provisions that include a fixed base rent plus an additional percentage of the restaurant’s sales in excess of stipulated amounts. Operating lease liabilities are calculated using the prevailing index or rate at lease commencement. Subsequent escalations in the index or rate and contingent rental payments are recognized as variable lease expenses. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants. The Company elected the practical expedient to account for lease and non-lease components as a single component for substantially all lease types. As most of the Company’s leases do not provide an implicit rate, the Company used its incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. Supplemental balance sheet information related to leases is as follows (in thousands): Classification July 2, Assets Operating Operating lease assets, net $ 215,347 Finance Finance lease assets, net (1) 1,057 Total leased assets $ 216,404 Liabilities Current lease liabilities Operating Current operating lease liabilities $ 21,781 Finance Current finance lease liabilities (2) 820 Long-term lease liabilities Operating Long-term operating lease liabilities 233,902 Finance Long-term finance lease liabilities (2) 300 Total lease liabilities $ 256,803 _____________________ (1) The finance lease assets are included in property and equipment, net in the Consolidated Balance Sheets. (2) The current portion of the finance lease liabilities is included in accrued expenses and other current liabilities, and the long-term portion is included in other long-term liabilities in the Consolidated Balance Sheets. The components of lease costs are as follows (in thousands): Fiscal Quarter Ended Two Fiscal Quarters Ended Classification July 2, July 2, Operating lease cost Occupancy, other restaurant operating costs, and general and administrative expenses $ 10,188 $ 20,332 Finance lease cost Amortization of lease assets Depreciation and amortization 179 350 Interest on lease liabilities Interest expense, net 20 40 10,387 20,722 Sublease income Franchising royalties and fees, and other (88 ) (200 ) Total lease cost, net $ 10,299 $ 20,522 Future minimum lease payments required under existing leases as of July 2, 2019 are as follows (in thousands): Operating Leases Finance Leases Total Remainder of 2019 $ 21,533 $ 382 $ 21,915 2020 42,799 538 43,337 2021 42,316 216 42,532 2022 42,167 44 42,211 2023 40,832 14 40,846 Thereafter 187,239 9 187,248 Total lease payments 376,886 1,203 378,089 Less: Imputed interest 121,203 83 121,286 Present value of lease liabilities $ 255,683 $ 1,120 $ 256,803 Operating lease payments include $89.0 million related to options to extend lease terms that are reasonably certain of being exercised over the next five years and also include $72.5 million related to operating lease payments during the option period for leases expiring beyond five years, and exclude $6.5 million of legally binding minimum lease payments for leases signed but not yet commenced. Lease term and discount rate as of the July 2, 2019 are as follows: July 2, Weighted average remaining lease term (years): Operating 9.4 Finance 2.1 Weighted average discount rate: Operating 8.68 % Finance 7.16 % Supplemental disclosures of cash flow information related to leases for the second quarter and the first two quarters ended July 2, 2019 are as follows (in thousands): Fiscal Quarter Ended Two Fiscal Quarters Ended July 2, July 2, Cash paid for lease liabilities: Operating leases $ 10,813 $ 21,506 Finance leases 160 377 $ 10,973 $ 21,883 Right-of-use assets obtained in exchange for new lease liabilities: Operating leases $ 2,049 $ 5,210 Finance leases 179 229 $ 2,228 $ 5,439
Leases	Leases The Company leases restaurant facilities, office space and certain equipment that expire on various dates through September 2034. Lease terms for restaurants in traditional shopping centers generally include a base term of 10 years, with options to extend these leases for additional periods of five to 15 years. Leases with an initial term of 12 months or less are not recorded on the balance sheet; we recognize lease expense for these leases on a straight-line basis over the lease term. The Company’s leases typically contain rent escalations over the lease term. The Company recognizes expense for these leases on a straight-line basis over the lease term. Additionally, tenant incentives used to fund leasehold improvements are recognized when earned and reduce the right-of-use asset related to the lease. These are amortized through the right-of-use asset as reductions of expense over the lease term. Some of the Company’s leases include rent escalations based on inflation indexes and fair market value adjustments. Certain leases contain contingent rental provisions that include a fixed base rent plus an additional percentage of the restaurant’s sales in excess of stipulated amounts. Operating lease liabilities are calculated using the prevailing index or rate at lease commencement. Subsequent escalations in the index or rate and contingent rental payments are recognized as variable lease expenses. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants. The Company elected the practical expedient to account for lease and non-lease components as a single component for substantially all lease types. As most of the Company’s leases do not provide an implicit rate, the Company used its incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. Supplemental balance sheet information related to leases is as follows (in thousands): Classification July 2, Assets Operating Operating lease assets, net $ 215,347 Finance Finance lease assets, net (1) 1,057 Total leased assets $ 216,404 Liabilities Current lease liabilities Operating Current operating lease liabilities $ 21,781 Finance Current finance lease liabilities (2) 820 Long-term lease liabilities Operating Long-term operating lease liabilities 233,902 Finance Long-term finance lease liabilities (2) 300 Total lease liabilities $ 256,803 _____________________ (1) The finance lease assets are included in property and equipment, net in the Consolidated Balance Sheets. (2) The current portion of the finance lease liabilities is included in accrued expenses and other current liabilities, and the long-term portion is included in other long-term liabilities in the Consolidated Balance Sheets. The components of lease costs are as follows (in thousands): Fiscal Quarter Ended Two Fiscal Quarters Ended Classification July 2, July 2, Operating lease cost Occupancy, other restaurant operating costs, and general and administrative expenses $ 10,188 $ 20,332 Finance lease cost Amortization of lease assets Depreciation and amortization 179 350 Interest on lease liabilities Interest expense, net 20 40 10,387 20,722 Sublease income Franchising royalties and fees, and other (88 ) (200 ) Total lease cost, net $ 10,299 $ 20,522 Future minimum lease payments required under existing leases as of July 2, 2019 are as follows (in thousands): Operating Leases Finance Leases Total Remainder of 2019 $ 21,533 $ 382 $ 21,915 2020 42,799 538 43,337 2021 42,316 216 42,532 2022 42,167 44 42,211 2023 40,832 14 40,846 Thereafter 187,239 9 187,248 Total lease payments 376,886 1,203 378,089 Less: Imputed interest 121,203 83 121,286 Present value of lease liabilities $ 255,683 $ 1,120 $ 256,803 Operating lease payments include $89.0 million related to options to extend lease terms that are reasonably certain of being exercised over the next five years and also include $72.5 million related to operating lease payments during the option period for leases expiring beyond five years, and exclude $6.5 million of legally binding minimum lease payments for leases signed but not yet commenced. Lease term and discount rate as of the July 2, 2019 are as follows: July 2, Weighted average remaining lease term (years): Operating 9.4 Finance 2.1 Weighted average discount rate: Operating 8.68 % Finance 7.16 % Supplemental disclosures of cash flow information related to leases for the second quarter and the first two quarters ended July 2, 2019 are as follows (in thousands): Fiscal Quarter Ended Two Fiscal Quarters Ended July 2, July 2, Cash paid for lease liabilities: Operating leases $ 10,813 $ 21,506 Finance leases 160 377 $ 10,973 $ 21,883 Right-of-use assets obtained in exchange for new lease liabilities: Operating leases $ 2,049 $ 5,210 Finance leases 179 229 $ 2,228 $ 5,439

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jul. 02, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The carrying amounts of cash and cash equivalents, accounts receivable, accounts payable and all other current liabilities approximate their fair values due to their short-term nature. The carrying amounts of borrowings approximate fair value as the line of credit and term borrowings vary with market interest rates and negotiated terms and conditions are consistent with current market rates. The fair value of the Company’s line of credit borrowings is measured using Level 2 inputs. Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis Assets recognized or disclosed at fair value in the consolidated financial statements on a non-recurring basis include items such as leasehold improvements, property and equipment, operating lease assets, goodwill and other intangible assets. These assets are measured at fair value if determined to be impaired or when acquired. Adjustments to the fair value of assets measured at fair value on a non-recurring basis as of July 2, 2019 and July 3, 2018

Income Taxes

Income Taxes	6 Months Ended
	Jul. 02, 2019
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The following table presents the Company’s provision (benefit) for income taxes (in thousands): Fiscal Quarter Ended Two Fiscal Quarters Ended July 2, July 3, July 2, July 3, Provision (benefit) for income taxes $ — $ (7 ) $ — $ (248 ) Effective tax rate — % 0.1 % — % 2.5 % The effective tax rate for the second quarter of 2019 and the first two quarters of 2019 reflect the impact of the previously recorded valuation allowance. For the remainder of fiscal 2019, the Company does not anticipate material income tax expense or benefit as a result of the valuation allowance recorded. The Company will maintain the valuation allowance against deferred tax assets until there is sufficient evidence to support a full or partial reversal. The reversal of a previously recorded valuation allowance will generally result in a benefit from income tax. The effective tax rates for the second quarter of 2018 and the first two quarters of 2018 reflected changes made by the Tax Cuts and Jobs Act (“Tax Act”), which was signed into law in December 2017.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jul. 02, 2019
Share-based Payment Arrangement [Abstract]
Stock-Based Compensation	Stock-Based Compensation The Company’s Stock Incentive Plan (the “Plan”), as amended and restated in May of 2013, authorizes the grant of non-qualified stock options, incentive stock options, stock appreciation rights, restricted stock, restricted stock units (“RSUs”) and incentive bonuses to employees, officers, non-employee directors and other service providers. As of July 2, 2019 , approximately 3.1 million share-based awards were available to be granted under the Plan. The following table shows total stock-based compensation expense (in thousands): Fiscal Quarter Ended Two Fiscal Quarters Ended July 2, July 3, July 2, July 3, Stock-based compensation expense $ 1,155 $ 1,012 $ 1,881 $ 1,592 Capitalized stock-based compensation expense $ 10 $ 13 $ 21 $ 25

Restaurant Impairment, Closure

Restaurant Impairment, Closure Costs and Asset Disposals Restaurant Impairment, Closure Costs and Asset Disposals	6 Months Ended
	Jul. 02, 2019
Property, Plant and Equipment Impairment or Disposal [Abstract]
Restaurant Impairment, Closure Costs and Asset Disposals	Restaurant Impairments, Closure Costs and Asset Disposals The following table presents restaurant impairments, closure costs and asset disposals (in thousands): Fiscal Quarter Ended Two Fiscal Quarters Ended July 2, July 3, July 2, July 3, Restaurant impairments (1) $ 2,276 $ 319 $ 2,465 $ 917 Closure costs (1) 173 1,519 134 2,073 Loss on disposal of assets and other 435 742 705 1,170 $ 2,884 $ 2,580 $ 3,304 $ 4,160 _____________________________ (1) Restaurant impairments and closure costs in all periods presented above include amounts related to restaurants previously impaired or closed. As a result of downward pressure on the operating results of two of our restaurants, we identified these restaurants as impaired during the second quarter of 2019, and as a result, recorded an impairment charge of $2.2 million . There were no restaurant impairments during the first quarter of 2019. There were no restaurant impairments during the second quarter of 2018 and one restaurant impairment during the first two quarters of 2018 . Both periods include ongoing equipment costs for restaurants previously impaired. Impairment is based on management’s current assessment of the expected future cash flows of a restaurant based on recent results and other specific market factors. Impairment expense is a Level 3 fair value measure and is determined by comparing the carrying value of restaurant assets to the estimated fair market value of the restaurant assets at resale value and the right-of-use asset based on a discounted cash flow analysis utilizing market lease rates. Closure costs of $0.2 million in the second quarter of 2019 and $0.1 million during the first two quarters of 2019 include ongoing costs of restaurants closed in previous years, partially offset by a gain of $0.1 million and $0.4 million , respectively, relating to changes in the Company’s assessment of remaining operating lease terms. The closure costs of $1.5 million recognized during the second quarter of 2018 and $2.1 million recognized during the first two quarters of 2018 are related to the seven restaurants closed in the second quarter of 2018 and nine restaurants closed in the first two quarters of 2018 , most of which were approaching the expiration of their leases, as well as ongoing costs of restaurants closed in previous years. These ongoing costs include adjustments to the liabilities to landlords as lease terminations occur.

Earnings (Loss) Per Share

Earnings (Loss) Per Share	6 Months Ended
	Jul. 02, 2019
Earnings Per Share [Abstract]
Loss Per Share	Loss) Per Share Basic earnings (loss) per share (“EPS”) is calculated by dividing net income (loss) available to common stockholders by the weighted-average number of shares of common stock outstanding during each period. Diluted EPS is calculated using net income (loss) available to common stockholders divided by diluted weighted-average shares of common stock outstanding during each period. Potentially dilutive securities include shares of common stock underlying stock options, warrants and RSUs. Diluted EPS considers the impact of potentially dilutive securities except in periods in which there is a loss because the inclusion of the potential common shares would have an anti-dilutive effect. The following table sets forth the computations of basic and diluted EPS (in thousands, except share and per share data): Fiscal Quarter Ended Two Fiscal Quarters Ended July 2, July 3, July 2, July 3, Net income (loss) $ 438 $ (5,935 ) $ (1,413 ) $ (9,510 ) Shares: Basic weighted average shares outstanding 43,964,175 41,172,924 43,955,580 41,150,698 Effect of dilutive securities 1,111,713 — — — Diluted weighted average shares outstanding 45,075,888 41,172,924 43,955,580 41,150,698 Earnings (loss) per share: Basic earnings (loss) per share $ 0.01 $ (0.14 ) $ (0.03 ) $ (0.23 ) Diluted earnings (loss) per share $ 0.01 $ (0.14 ) $ (0.03 ) $ (0.23 ) The Company computes the effect of dilutive securities using the treasury stock method and average market prices during the period. Potential common shares are excluded from the computation of diluted earnings per share when the effect would be anti-dilutive. The shares issuable on the vesting or exercise of share-based awards or exercise of outstanding warrants that were excluded from the calculation of diluted loss per share because the effect of their inclusion would have been anti-dilutive totaled 1,297,255 and 2,630,523 for the second quarter of 2019 and 2018 , respectively, and totaled 3,229,030 and 3,043,387 for the first two quarters of 2019 and 2018

Supplemental Disclosures to Con

Supplemental Disclosures to Condensed Consolidated Statements of Cash Flows	6 Months Ended
	Jul. 02, 2019
Supplemental Cash Flow Elements [Abstract]
Supplemental Disclosures to Condensed Consolidated Statements of Cash Flows	Supplemental Disclosures to Condensed Consolidated Statements of Cash Flows The following table presents the supplemental disclosures to the Condensed Consolidated Statements of Cash Flows for the two quarters ended July 2, 2019 and July 3, 2018 (in thousands): July 2, July 3, Interest paid (net of amounts capitalized) $ 1,382 $ 1,973 Income taxes paid 6 49 Changes in purchases of property and equipment accrued in accounts payable, net 1,054 (1,580 )

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jul. 02, 2019
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition Revenue Revenue consists of sales from restaurant operations, franchise royalties and fees, and sublease income. Revenue from the operation of company-owned restaurants are recognized when sales occur. The Company reports revenue net of sales and use taxes collected from customers and remitted to governmental taxing authorities. Gift Cards The Company sells gift cards which do not have an expiration date, and it does not deduct non-usage fees from outstanding gift card balances. The Company recognizes revenue from gift cards when the gift card is redeemed by the customer or the Company determines the likelihood of the gift card being redeemed by the customer is remote (“gift card breakage”). The determination of the gift card breakage rate is based upon Company-specific historical redemption patterns. The Company has determined that approximately 9% of gift cards will not be redeemed and recognizes gift card breakage ratably over the estimated redemption period of the gift card, which is approximately 24 months . Gift card liability balances are typically highest at the end of each calendar year following increased gift card purchases during the holiday season. As of July 2, 2019 and January 1, 2019 , the current portion of the gift card liability, $1.6 million and $3.3 million , respectively, is included in accrued expenses and other current liabilities, and the long-term portion, $0.7 million and $0.4 million , respectively, is included in other long-term liabilities in the Consolidated Balance Sheets. Revenue recognized in the Condensed Consolidated Statements of Operations for the redemption of gift cards was $3.2 million and $3.4 million for the first two quarters of 2019 and 2018, respectively. The revenue recognized from gift cards for the first two quarters of 2018 includes $0.3 million of gift card breakage that resulted from a change in the estimate for gift card unredeemed balances for the years 2014 and after. This change in estimate was a result of the Delaware Gift Card Litigation settlement in the second quarter of 2018. Franchise Fees Royalties from franchise restaurants are based on a percentage of restaurant revenues and are recognized in the period the related franchised restaurants’ sales occur. Development fees and franchise fees, portions of which are collected in advance, are nonrefundable and are recognized in income ratably over the term of the related franchise agreement or recognized upon the termination of the agreement between the Company and the franchisee. The Company has determined that the initial franchise services are not distinct from the continuing rights or services offered during the term of the franchise agreement and should be treated as a single performance obligation; therefore, initial fees received from franchisees are recognized as revenue over the term of each respective franchise agreement, which is typically 20 years .

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jul. 02, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies In the normal course of business, the Company is subject to other proceedings, lawsuits and claims. Such matters are subject to many uncertainties, and outcomes are not predictable with assurance. Consequently, the Company is unable to ascertain the ultimate aggregate amount of monetary liability or financial impact with respect to these matters as of July 2, 2019 . These matters could affect the operating results of any one financial reporting period when resolved in future periods. The Company believes that an unfavorable outcome with respect to these matters is remote or a potential range of loss is not material to its consolidated financial statements. Significant increases in the number of these claims, or one or more successful claims that result in greater liabilities than the Company currently anticipates, could materially and adversely affect its business, financial condition, results of operations or cash flows.

Business Summary and Basis of_2

Business Summary and Basis of Presentation (Policies)	6 Months Ended
	Jul. 02, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business and Basis of Presentation	Business Noodles & Company (the “Company”), a Delaware corporation, develops and operates fast casual restaurants that serve globally inspired noodle and pasta dishes, soups, salads and appetizers. As of July 2, 2019 , the Company had 395 company-owned restaurants and 62 franchise restaurants in 29 states and the District of Columbia. The Company operates its business as one operating and reportable segment. Basis of Presentation The accompanying unaudited condensed consolidated financial statements include the accounts of Noodles & Company and its subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. The accompanying interim unaudited condensed consolidated financial statements have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all the information and footnotes required by accounting principles generally accepted in the United States of America (“GAAP”) for complete financial statements. In the opinion of the Company, all adjustments considered necessary for the fair presentation of the Company’s results of operations, financial position and cash flows for the periods presented have been included and are of a normal, recurring nature. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The results of operations for any interim period are not necessarily indicative of results for the full year. Certain information and footnote disclosures normally included in the Company’s annual consolidated financial statements on Form 10-K have been condensed or omitted. The condensed consolidated balance sheet as of January 1, 2019 was derived from audited financial statements. These financial statements should be read in conjunction with the audited financial statements and the related notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended January 1, 2019 .
Fiscal year	Fiscal Year The Company operates on a 52- or 53-week fiscal year ending on the Tuesday closest to December 31. The Company’s fiscal quarters each contain 13 operating weeks, with the exception of the fourth quarter of a 53-week fiscal year, which contains 14 operating weeks. Fiscal year 2019 , which ends on December 31, 2019 , and fiscal year 2018 , which ended on January 1, 2019 , both contain 52 weeks. The Company’s fiscal quarter that ended July 2, 2019 is referred to as the second quarter of 2019 , and the fiscal quarter ended July 3, 2018 is referred to as the second quarter of 2018 .
Recent Accounting Pronouncements	Recent Accounting Pronouncements The Company reviewed recently issued accounting pronouncements and concluded that they were either not applicable or not expected to have a material impact on the Company’s financial position or results of operations and cash flows. Recently Adopted Accounting Pronouncements On January 2, 2019, the Company adopted ASU 2016-02, “Leases (Topic 842),” along with related clarifications and improvements. This pronouncement requires a lessee to recognize a liability for lease obligations, which represents the discounted obligation to make future lease payments, and a corresponding right-of-use asset on the balance sheet. The guidance also requires certain qualitative and quantitative disclosures about the amount, timing and uncertainty of cash flows arising from leases. The Company elected the alternative transition method to apply the standard as of the beginning of the period of adoption; therefore, the Company has not applied the standard to the comparative periods presented on its condensed consolidated financial statements. The adoption of this lease guidance did have a material impact on the Company’s Consolidated Balance Sheets by materially increasing its non-current assets and current and non-current liabilities due to the recognition of the right-of-use assets and related lease liabilities primarily related to the Company’s restaurant operating leases and corporate office space. Upon adoption, the right-of-use assets were based upon the operating lease liabilities adjusted for prepaid and deferred rent, liabilities associated with lease termination costs and impairment of right-of-use assets. The impairment of right-of-use assets upon adoption was recognized in retained earnings as of January 2, 2019. The adoption of the standard did not have a material impact on the Company’s Condensed Consolidated Statements of Operations in the second quarter of 2019 or the first two quarters of 2019. The adoption also included the enhancement of the Company’s disclosures related to leases. See disclosure in Note 9, Leases. The impact on the Condensed Consolidated Balance Sheet on the date of adoption was as follows: January 1, Adjustments Due to the Adoption of Topic 842 (unaudited) January 2, 2019 (unaudited) Assets Current assets: Cash and cash equivalents $ 4,655 $ — $ 4,655 Accounts receivable 2,391 225 2,616 Inventories 9,646 — 9,646 Prepaid expenses and other assets 6,474 (3,243 ) 3,231 Income tax receivable 185 — 185 Total current assets 23,351 (3,018 ) 20,333 Property and equipment, net 138,774 844 139,618 Operating lease assets, net — 219,883 219,883 Goodwill 6,400 — 6,400 Intangibles, net 1,291 (67 ) 1,224 Other assets, net 2,216 — 2,216 Total long-term assets 148,681 220,660 369,341 Total assets $ 172,032 $ 217,642 $ 389,674 Liabilities and Stockholders’ Equity Current liabilities: Accounts payable $ 7,854 $ — $ 7,854 Accrued payroll and benefits 13,391 — 13,391 Accrued expenses and other current liabilities 11,183 (553 ) 10,630 Current operating lease liabilities — — — Current portion of long-term debt 719 — 719 Total current liabilities 33,147 (553 ) 32,594 Long-term debt, net 44,183 — 44,183 Long-term operating lease liabilities, net — 260,931 260,931 Deferred rent 37,334 (37,186 ) 148 Deferred tax liabilities, net 133 — 133 Other long-term liabilities 4,554 442 4,996 Total liabilities 119,351 223,634 342,985 Stockholders’ equity: Preferred stock—$0.01 par value, 1,000,000 shares authorized and undesignated as of January 1, 2019; no shares issued or outstanding — — — Common stock—$0.01 par value, 180,000,000 shares authorized as of January 1, 2019; 46,353,309 issued and 43,929,438 outstanding as of January 1, 2019 464 — 464 Treasury stock, at cost, 2,423,871 shares as of January 1, 2019 (35,000 ) — (35,000 ) Additional paid-in capital 198,352 — 198,352 Accumulated deficit (111,135 ) (5,992 ) (117,127 ) Total stockholders’ equity 52,681 (5,992 ) 46,689 Total liabilities and stockholders’ equity $ 172,032 $ 217,642 $ 389,674

Business Summary and Basis of_3

Business Summary and Basis of Presentation (Tables)	6 Months Ended
	Jul. 02, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]	The impact on the Condensed Consolidated Balance Sheet on the date of adoption was as follows: January 1, Adjustments Due to the Adoption of Topic 842 (unaudited) January 2, 2019 (unaudited) Assets Current assets: Cash and cash equivalents $ 4,655 $ — $ 4,655 Accounts receivable 2,391 225 2,616 Inventories 9,646 — 9,646 Prepaid expenses and other assets 6,474 (3,243 ) 3,231 Income tax receivable 185 — 185 Total current assets 23,351 (3,018 ) 20,333 Property and equipment, net 138,774 844 139,618 Operating lease assets, net — 219,883 219,883 Goodwill 6,400 — 6,400 Intangibles, net 1,291 (67 ) 1,224 Other assets, net 2,216 — 2,216 Total long-term assets 148,681 220,660 369,341 Total assets $ 172,032 $ 217,642 $ 389,674 Liabilities and Stockholders’ Equity Current liabilities: Accounts payable $ 7,854 $ — $ 7,854 Accrued payroll and benefits 13,391 — 13,391 Accrued expenses and other current liabilities 11,183 (553 ) 10,630 Current operating lease liabilities — — — Current portion of long-term debt 719 — 719 Total current liabilities 33,147 (553 ) 32,594 Long-term debt, net 44,183 — 44,183 Long-term operating lease liabilities, net — 260,931 260,931 Deferred rent 37,334 (37,186 ) 148 Deferred tax liabilities, net 133 — 133 Other long-term liabilities 4,554 442 4,996 Total liabilities 119,351 223,634 342,985 Stockholders’ equity: Preferred stock—$0.01 par value, 1,000,000 shares authorized and undesignated as of January 1, 2019; no shares issued or outstanding — — — Common stock—$0.01 par value, 180,000,000 shares authorized as of January 1, 2019; 46,353,309 issued and 43,929,438 outstanding as of January 1, 2019 464 — 464 Treasury stock, at cost, 2,423,871 shares as of January 1, 2019 (35,000 ) — (35,000 ) Additional paid-in capital 198,352 — 198,352 Accumulated deficit (111,135 ) (5,992 ) (117,127 ) Total stockholders’ equity 52,681 (5,992 ) 46,689 Total liabilities and stockholders’ equity $ 172,032 $ 217,642 $ 389,674

Supplemental Financial Inform_2

Supplemental Financial Information (Tables)	6 Months Ended
	Jul. 02, 2019
Supplemental Financial Information [Abstract]
Schedule of Property and Equipment	Property and equipment, net, consists of the following (in thousands): July 2, January 1, Leasehold improvements $ 196,237 $ 197,571 Furniture, fixtures and equipment 122,107 121,479 Construction in progress 6,953 3,620 325,297 322,670 Accumulated depreciation and amortization (190,605 ) (183,896 ) $ 134,692 $ 138,774
Schedule of Accrued Expenses and Other Current Liabilities	Accrued expenses and other current liabilities consist of the following (in thousands): July 2, January 1, Gift card liability $ 1,647 $ 3,284 Occupancy related - other 1,337 2,600 Utilities 1,487 1,582 Other accrued expenses 4,059 3,717 $ 8,530 $ 11,183

Long-Term Debt (Tables)

Long-Term Debt (Tables)	6 Months Ended
	Jul. 02, 2019
Debt Disclosure [Abstract]
Schedule of Maturities of Long-term Debt	Aggregate maturities for debt outstanding as of July 2, 2019 are as follows (in thousands): Year 1 $ 938 Year 2 1,656 Year 3 1,594 Year 4 41,888 Total $ 46,076

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jul. 02, 2019
Leases [Abstract]
Lease, Cost	Lease term and discount rate as of the July 2, 2019 are as follows: July 2, Weighted average remaining lease term (years): Operating 9.4 Finance 2.1 Weighted average discount rate: Operating 8.68 % Finance 7.16 % Supplemental disclosures of cash flow information related to leases for the second quarter and the first two quarters ended July 2, 2019 are as follows (in thousands): Fiscal Quarter Ended Two Fiscal Quarters Ended July 2, July 2, Cash paid for lease liabilities: Operating leases $ 10,813 $ 21,506 Finance leases 160 377 $ 10,973 $ 21,883 Right-of-use assets obtained in exchange for new lease liabilities: Operating leases $ 2,049 $ 5,210 Finance leases 179 229 $ 2,228 $ 5,439 Supplemental balance sheet information related to leases is as follows (in thousands): Classification July 2, Assets Operating Operating lease assets, net $ 215,347 Finance Finance lease assets, net (1) 1,057 Total leased assets $ 216,404 Liabilities Current lease liabilities Operating Current operating lease liabilities $ 21,781 Finance Current finance lease liabilities (2) 820 Long-term lease liabilities Operating Long-term operating lease liabilities 233,902 Finance Long-term finance lease liabilities (2) 300 Total lease liabilities $ 256,803 _____________________ (1) The finance lease assets are included in property and equipment, net in the Consolidated Balance Sheets. (2) The current portion of the finance lease liabilities is included in accrued expenses and other current liabilities, and the long-term portion is included in other long-term liabilities in the Consolidated Balance Sheets. The components of lease costs are as follows (in thousands): Fiscal Quarter Ended Two Fiscal Quarters Ended Classification July 2, July 2, Operating lease cost Occupancy, other restaurant operating costs, and general and administrative expenses $ 10,188 $ 20,332 Finance lease cost Amortization of lease assets Depreciation and amortization 179 350 Interest on lease liabilities Interest expense, net 20 40 10,387 20,722 Sublease income Franchising royalties and fees, and other (88 ) (200 ) Total lease cost, net $ 10,299 $ 20,522
Finance Lease, Liability, Maturity	Future minimum lease payments required under existing leases as of July 2, 2019 are as follows (in thousands): Operating Leases Finance Leases Total Remainder of 2019 $ 21,533 $ 382 $ 21,915 2020 42,799 538 43,337 2021 42,316 216 42,532 2022 42,167 44 42,211 2023 40,832 14 40,846 Thereafter 187,239 9 187,248 Total lease payments 376,886 1,203 378,089 Less: Imputed interest 121,203 83 121,286 Present value of lease liabilities $ 255,683 $ 1,120 $ 256,803
Lessee, Operating Lease, Liability, Maturity	Future minimum lease payments required under existing leases as of July 2, 2019 are as follows (in thousands): Operating Leases Finance Leases Total Remainder of 2019 $ 21,533 $ 382 $ 21,915 2020 42,799 538 43,337 2021 42,316 216 42,532 2022 42,167 44 42,211 2023 40,832 14 40,846 Thereafter 187,239 9 187,248 Total lease payments 376,886 1,203 378,089 Less: Imputed interest 121,203 83 121,286 Present value of lease liabilities $ 255,683 $ 1,120 $ 256,803

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	Jul. 02, 2019
Income Tax Disclosure [Abstract]
Schedule of Provision for Income Taxes	The following table presents the Company’s provision (benefit) for income taxes (in thousands): Fiscal Quarter Ended Two Fiscal Quarters Ended July 2, July 3, July 2, July 3, Provision (benefit) for income taxes $ — $ (7 ) $ — $ (248 ) Effective tax rate — % 0.1 % — % 2.5 %

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jul. 02, 2019
Share-based Payment Arrangement [Abstract]
Share-based compensation expense	The following table shows total stock-based compensation expense (in thousands): Fiscal Quarter Ended Two Fiscal Quarters Ended July 2, July 3, July 2, July 3, Stock-based compensation expense $ 1,155 $ 1,012 $ 1,881 $ 1,592 Capitalized stock-based compensation expense $ 10 $ 13 $ 21 $ 25

Restaurant Impairment, Closur_2

Restaurant Impairment, Closure Costs and Asset Disposals Restaurant Impairment, Closure Costs and Asset Disposals (Tables)	6 Months Ended
	Jul. 02, 2019
Property, Plant and Equipment Impairment or Disposal [Abstract]
Impaired Assets to be Disposed of by Method Other than Sale	The following table presents restaurant impairments, closure costs and asset disposals (in thousands): Fiscal Quarter Ended Two Fiscal Quarters Ended July 2, July 3, July 2, July 3, Restaurant impairments (1) $ 2,276 $ 319 $ 2,465 $ 917 Closure costs (1) 173 1,519 134 2,073 Loss on disposal of assets and other 435 742 705 1,170 $ 2,884 $ 2,580 $ 3,304 $ 4,160 _____________________________ (1) Restaurant impairments and closure costs in all periods presented above include amounts related to restaurants previously impaired or closed.

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	6 Months Ended
	Jul. 02, 2019
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Loss Per Share	The following table sets forth the computations of basic and diluted EPS (in thousands, except share and per share data): Fiscal Quarter Ended Two Fiscal Quarters Ended July 2, July 3, July 2, July 3, Net income (loss) $ 438 $ (5,935 ) $ (1,413 ) $ (9,510 ) Shares: Basic weighted average shares outstanding 43,964,175 41,172,924 43,955,580 41,150,698 Effect of dilutive securities 1,111,713 — — — Diluted weighted average shares outstanding 45,075,888 41,172,924 43,955,580 41,150,698 Earnings (loss) per share: Basic earnings (loss) per share $ 0.01 $ (0.14 ) $ (0.03 ) $ (0.23 ) Diluted earnings (loss) per share $ 0.01 $ (0.14 ) $ (0.03 ) $ (0.23 )

Supplemental Disclosures to C_2

Supplemental Disclosures to Condensed Consolidated Statements of Cash Flows (Tables)	6 Months Ended
	Jul. 02, 2019
Supplemental Cash Flow Elements [Abstract]
Supplemental Disclosures to the Consolidated Statements of Cash Flows	The following table presents the supplemental disclosures to the Condensed Consolidated Statements of Cash Flows for the two quarters ended July 2, 2019 and July 3, 2018 (in thousands): July 2, July 3, Interest paid (net of amounts capitalized) $ 1,382 $ 1,973 Income taxes paid 6 49 Changes in purchases of property and equipment accrued in accounts payable, net 1,054 (1,580 )

Business Summary and Basis of_4

Business Summary and Basis of Presentation - Narrative (Details)	3 Months Ended
	Jul. 02, 2019segmentrestaurantstate
Franchisor Disclosure [Line Items]
Number of states with operations | state	29
Number of operating segments | segment	1
Number of reportable segments | segment	1
Company-Owned [Member]
Franchisor Disclosure [Line Items]
Number of restaurants | restaurant	395
Franchise [Member]
Franchisor Disclosure [Line Items]
Number of restaurants | restaurant	62

Business Summary and Basis of_5

Business Summary and Basis of Presentation - New Accounting Pronouncements (Details) - USD ($) $ in Thousands	Jul. 02, 2019	Apr. 02, 2019	Jan. 02, 2019	Jan. 01, 2019	Jul. 03, 2018	Apr. 03, 2018	Jan. 02, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cash and cash equivalents	$ 3,338		$ 4,655	$ 4,655	$ 3,640		$ 3,361
Accounts receivable	2,544		2,616	2,391
Inventories	9,860		9,646	9,646
Prepaid expenses and other assets	4,797		3,231	6,474
Income tax receivable	191		185	185
Total current assets	20,730		20,333	23,351
Property and equipment, net	134,692		139,618	138,774
Operating lease assets, net	215,347		219,883	0
Goodwill	7,154		6,400	6,400
Goodwill	1,057		1,224	1,291
Other assets, net	2,376		2,216	2,216
Total long-term assets	360,626		369,341	148,681
Total assets	381,356		389,674	172,032
Accounts payable	7,567		7,854	7,854
Accrued payroll and benefits	13,027		13,391	13,391
Accrued expenses and other current liabilities	8,530		10,630	11,183
Current operating lease liabilities	21,781		0	0
Current portion of long-term debt	938		719	719
Total current liabilities	51,843		32,594	33,147
Long-term debt, net	43,714		44,183	44,183
Long-term operating lease liabilities, net	233,902		260,931	0
Deferred rent	0		148	37,334
Deferred tax liabilities, net	133		133	133
Other long-term liabilities	4,861		4,996	4,554
Total liabilities	334,453		342,985	119,351
Preferred stock—$0.01 par value, 1,000,000 shares authorized and undesignated as of January 1, 2019; no shares issued or outstanding	0		0	0
Common stock—$0.01 par value, 180,000,000 shares authorized as of January 1, 2019; 46,353,309 issued and 43,929,438 outstanding as of January 1, 2019	465		464	464
Treasury stock, at cost, 2,423,871 shares as of January 1, 2019	(35,000)		(35,000)	(35,000)
Additional paid-in capital	199,978		198,352	198,352
Accumulated deficit	(118,540)		(117,127)	(111,135)
Total stockholders’ equity	46,903	$ 45,596	46,689	52,681	$ 26,169	$ 31,407	$ 35,861
Total liabilities and stockholders’ equity	$ 381,356		389,674	$ 172,032
Accounting Standards Update 2016-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cash and cash equivalents			0
Accounts receivable			225
Inventories			0
Prepaid expenses and other assets			(3,243)
Income tax receivable			0
Total current assets			(3,018)
Property and equipment, net			844
Operating lease assets, net			219,883
Goodwill			0
Goodwill			(67)
Other assets, net			0
Total long-term assets			220,660
Total assets			217,642
Accounts payable			0
Accrued payroll and benefits			0
Accrued expenses and other current liabilities			(553)
Current operating lease liabilities			0
Current portion of long-term debt			0
Total current liabilities			(553)
Long-term debt, net			0
Long-term operating lease liabilities, net			260,931
Deferred rent			(37,186)
Deferred tax liabilities, net			0
Other long-term liabilities			442
Total liabilities			223,634
Preferred stock—$0.01 par value, 1,000,000 shares authorized and undesignated as of January 1, 2019; no shares issued or outstanding			0
Common stock—$0.01 par value, 180,000,000 shares authorized as of January 1, 2019; 46,353,309 issued and 43,929,438 outstanding as of January 1, 2019			0
Treasury stock, at cost, 2,423,871 shares as of January 1, 2019			0
Additional paid-in capital			0
Accumulated deficit			(5,992)
Total stockholders’ equity			(5,992)
Total liabilities and stockholders’ equity			$ 217,642

Supplemental Financial Inform_3

Supplemental Financial Information (Details) - USD ($) $ in Thousands	Jul. 02, 2019	Jan. 02, 2019	Jan. 01, 2019
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 325,297		$ 322,670
Accumulated depreciation and amortization	(190,605)		(183,896)
Property and equipment, net	134,692	$ 139,618	138,774
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	196,237		197,571
Furniture, Fixtures, and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	122,107		121,479
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 6,953		$ 3,620

Supplemental Financial Inform_4

Supplemental Financial Information - Schedule of Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Thousands	Jul. 02, 2019	Jan. 02, 2019	Jan. 01, 2019
Supplemental Financial Information [Abstract]
Gift card liability	$ 1,647		$ 3,284
Occupancy related - other	1,337		2,600
Utilities	1,487		1,582
Other accrued expenses	4,059		3,717
Accrued liabilities, current	$ 8,530	$ 10,630	$ 11,183

Long-Term Debt - Narrative (De

Long-Term Debt - Narrative (Details) - USD ($)	May 09, 2018	Jul. 02, 2019	Jul. 03, 2018	Jul. 02, 2019	Jul. 03, 2018	Jun. 28, 2022	Mar. 30, 2021	Mar. 31, 2020
Line of Credit Facility [Line Items]
Amount outstanding		$ 46,100,000		$ 46,100,000
Unamortized debt issuance costs		1,400,000		1,400,000
Letters of credit outstanding		3,200,000		3,200,000
Loss on extinguishment of debt		0	$ 626,000	0	$ 626,000
Principal repayments through the first quarter of 2019		938,000		938,000
Principal repayments through the first quarter of 2020		1,656,000		1,656,000
Principal repayments through the first quarter of 2021		1,594,000		1,594,000
Principal repayments through the first quarter of 2022		41,888,000		$ 41,888,000
Minimum
Line of Credit Facility [Line Items]
Interest rate				5.34%
Maximum [Member]
Line of Credit Facility [Line Items]
Interest rate				7.25%
2018 Term Loan Facility | Revolving Credit Facility
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 25,000,000
2018 Credit Facility
Line of Credit Facility [Line Items]
Principal repayments through the first quarter of 2019		$ 156,250		$ 156,250
2018 Credit Facility | Minimum
Line of Credit Facility [Line Items]
Commitment fee percentage	0.30%
2018 Credit Facility | Maximum [Member]
Line of Credit Facility [Line Items]
Commitment fee percentage	0.50%
2018 Credit Facility | LIBOR | Minimum
Line of Credit Facility [Line Items]
Basis spread on variable rate	2.25%
2018 Credit Facility | LIBOR | Maximum [Member]
Line of Credit Facility [Line Items]
Basis spread on variable rate	3.25%
2018 Credit Facility | Base Rate | Minimum
Line of Credit Facility [Line Items]
Basis spread on variable rate	1.25%
2018 Credit Facility | Base Rate | Maximum [Member]
Line of Credit Facility [Line Items]
Basis spread on variable rate	2.25%
2018 Credit Facility | Federal Funds Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate	0.50%
2018 Credit Facility | Prime Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate	1.00%
2018 Credit Facility | Revolving Credit Facility
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 65,000,000
2018 Credit Facility | Letter of Credit
Line of Credit Facility [Line Items]
Maximum borrowing capacity	75,000,000
Two Thousand and Eighteen Credit Subfacility
Line of Credit Facility [Line Items]
Maximum borrowing capacity	15,000,000
Two Thousand and Eighteen Swingline Subfacility
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 10,000,000
Prior Credit Facility | Letter of Credit
Line of Credit Facility [Line Items]
Loss on extinguishment of debt			$ (600,000)
Scenario, Forecast
Line of Credit Facility [Line Items]
Principal repayments through the first quarter of 2020								$ 187,500
Principal repayments through the first quarter of 2021							$ 375,000
Principal repayments through the first quarter of 2022						$ 531,250

Long-Term Debt - Schedule of Ma

Long-Term Debt - Schedule of Maturities of Long-term Debt (Details) $ in Thousands	Jul. 02, 2019USD ($)
Debt Disclosure [Abstract]
Year 1	$ 938
2020	1,656
2021	1,594
2022	41,888
Total	$ 46,076

Leases - Narrative (Details)

Leases - Narrative (Details) - USD ($) $ in Millions	Jul. 02, 2019	Apr. 03, 2018
Leases [Abstract]
Term of contract		10 years
Renewal term		15 years
Option to extend lease term over the next five years	$ 89
Option to extend lease beyond five years	72.5
Minimum lease payments signed but not yet commenced	$ 6.5

Leases - Schedule of Lease Cost

Leases - Schedule of Lease Cost (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jul. 02, 2019	Jul. 02, 2019	Jan. 02, 2019	Jan. 01, 2019
Leases [Abstract]
Operating Lease, Payments	$ 10,813	$ 21,506
Assets
Operating lease assets, net	215,347	215,347	$ 219,883	$ 0
Finance lease assets, net	1,057	1,057
Total Leased Asset	216,404	216,404
Liabilities [Abstract]
Current operating lease liabilities	21,781	21,781	0	0
Current finance lease liabilities	820	820
Liabilities, Noncurrent [Abstract]
Long-term operating lease liabilities, net	233,902	233,902	$ 260,931	$ 0
Long-term finance lease liabilities	300	300
Present value of lease liabilities	256,803	256,803
Operating Lease Cost [Abstract]
Operating lease cost	10,188	20,332
Finance lease cost
Amortization of lease assets	179	350
Interest on lease liabilities	20	40
Operating And Finance Lease Cost	10,387	20,722
Sublease income	(88)	(200)
Total lease cost, net	$ 10,299	$ 20,522
Operating Lease, Weighted Average Remaining Lease Term	9 years 4 months 24 days	9 years 4 months 24 days
Finance Lease, Weighted Average Remaining Lease Term	2 years 1 month 6 days	2 years 1 month 6 days
Operating Lease, Weighted Average Discount Rate, Percent	8.68%	8.68%
Finance Lease, Weighted Average Discount Rate, Percent	7.16%	7.16%
Finance Lease Payments	$ 160	$ 377
Cash Paid For Operating And Finance Lease Liabilities	10,973	21,883
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	2,049	5,210
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability	179	229
Right-of-Use Asset Obtained in Exchange for Operating And Finance Lease Liability	$ 2,228	$ 5,439

Leases - Schedule of Lease Matu

Leases - Schedule of Lease Maturity (Details) $ in Thousands	Jul. 02, 2019USD ($)
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
Remainder of 2019	$ 21,533
2020	42,799
2021	42,316
2022	42,167
2023	40,832
Thereafter	187,239
Total lease payments	376,886
Less: Imputed interest	121,203
Present value of lease liabilities	255,683
Finance Lease, Liability, Payment, Due [Abstract]
Remainder of 2019	382
2020	538
2021	216
2022	44
2023	14
Thereafter	9
Total lease payments	1,203
Less: Imputed interest	83
Present value of lease liabilities	1,120
Operating And Finance Lease Liabilities Payments Due [Abstract]
Remainder of 2019	21,915
2020	43,337
2021	42,532
2022	42,211
2023	40,846
Thereafter	187,248
Total lease payments	378,089
Less: Imputed interest	121,286
Present value of lease liabilities	$ 256,803

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 02, 2019	Jul. 03, 2018	Jul. 02, 2019	Jul. 03, 2018
Income Tax Disclosure [Abstract]
Provision (benefit) for income taxes	$ 0	$ (7)	$ 0	$ (248)
Effective tax rate	0.00%	0.10%	0.00%	2.50%

Stock-Based Compensation (Detai

Stock-Based Compensation (Details) - USD ($) $ in Thousands, shares in Millions	3 Months Ended		6 Months Ended
	Jul. 02, 2019	Jul. 03, 2018	Jul. 02, 2019	Jul. 03, 2018
IPO [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Maximum shares reserved for issuance	3.1		3.1
Share-based Payment Arrangement, Option [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Share-based Payment Arrangement, Expense	$ 1,155	$ 1,012	$ 1,881	$ 1,592
Capitalized stock based compensation expense	$ 10	$ 13	$ 21	$ 25

Restaurant Impairment, Closur_3

Restaurant Impairment, Closure Costs and Asset Disposals Restaurant Impairment, Closure Costs and Asset Disposals - Schedule of Impairments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 02, 2019	Jul. 03, 2018	Jul. 02, 2019	Jul. 03, 2018
Property, Plant and Equipment Impairment or Disposal [Abstract]
Restaurant impairments	$ 2,276	$ 319	$ 2,465	$ 917
Closure costs	173	1,519	134	2,073
Loss on disposal of assets and other	(435)	(742)	(705)	(1,170)
Asset Disposals, Closure Costs and Restaurant Impairments	$ 2,884	$ 2,580	$ 3,304	$ 4,160

Restaurant Impairment, Closur_4

Restaurant Impairment, Closure Costs and Asset Disposals - Narrative (Details) $ in Millions	3 Months Ended			6 Months Ended
	Jul. 02, 2019USD ($)restaurant	Apr. 02, 2019restaurant	Jul. 03, 2018USD ($)restaurant	Jul. 02, 2019USD ($)	Jul. 03, 2018USD ($)restaurant
Property, Plant and Equipment Impairment or Disposal [Abstract]
Number of restaurants impaired during the comparable periods | restaurant	2	0	0		1
Impairment of restaurants	$ 2.2
Impairment closure costs	0.2			$ 0.1
Gain (loss) relating to assessment of operating lease terms	$ (0.1)			$ (0.4)
Closure costs			$ 1.5		$ 2.1
Number of restaurants closed | restaurant			7		9

Earnings (Loss) Per Share (Deta

Earnings (Loss) Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 02, 2019	Jul. 03, 2018	Jul. 02, 2019	Jul. 03, 2018	Jan. 01, 2019
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Document Period End Date			Jul. 2, 2019
Net Income (Loss) Available to Common Stockholders, Basic	$ 438	$ (5,935)	$ (1,413)	$ (9,510)
Net loss	$ 438	$ (5,935)	$ (1,413)	$ (9,510)
Shares:
Basic weighted average shares outstanding (in shares)	43,964,175	41,172,924	43,955,580	41,150,698
Effect of dilutive securities (in shares)	1,111,713	0	0	0
Diluted weighted average number of shares outstanding (in shares)	45,075,888	41,172,924	43,955,580	41,150,698
Earnings (loss) per share:
Basic loss per share (USD per share)	$ 0.01	$ (0.14)	$ (0.03)	$ (0.23)
Diluted loss per share (USD per share)	$ 0.01	$ (0.14)	$ (0.03)	$ (0.23)
Preferred stock, shares issued (in shares)	0		0		0
Antidilutive securities excluded from computation of earnings per share	1,297,255	2,630,523	3,229,030	3,043,387

Supplemental Disclosures to C_3

Supplemental Disclosures to Condensed Consolidated Statements of Cash Flows (Details) - USD ($) $ in Thousands	6 Months Ended
	Jul. 02, 2019	Jul. 03, 2018
Class of Stock [Line Items]
Interest paid (net of amounts capitalized)	$ 1,382	$ 1,973
Income taxes paid	6	49
Changes in purchases of property and equipment accrued in accounts payable, net	$ (1,054)	$ 1,580

Revenue Recognition (Details)

Revenue Recognition (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jul. 03, 2018	Jul. 02, 2019	Jul. 03, 2018	Jan. 02, 2019	Jan. 01, 2019
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Expected unredeemed percent		9.00%
Estimated redemption period		24 months
Gift card liability		$ 1,647			$ 3,284
Revenue recognized		$ 3,200	$ 3,400
Gift card breakage	$ 1,800		$ 300
Period in which initial fees received from franchisees will be recognized as revenue		20 years
Retained earnings		$ (118,540)		$ (117,127)	(111,135)
Accrued Expenses and Other Current Liabilities
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Gift card liability		1,600			3,300
Other Long-term Liabilities
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Gift card liability, non-current		$ 700			$ 400

Uncategorized Items - q2201910q

Label	Element	Value
Common Class A [Member]
Conversion of Stock, Shares Issued	us-gaap_ConversionOfStockSharesIssued1	1,522,098
Accounting Standards Update 2016-02 [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ (1,506,000)
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ (5,992,000)