Ruths Hospitality (RUTH) 10-Q 6 May 22 2022 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 27, 2022	Apr. 25, 2022
Document Information [Line Items]
Entity Central Index Key	0001324272
Entity Registrant Name	Ruths Hospitality Group, Inc.
Amendment Flag	false
Current Fiscal Year End Date	--12-25
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2022
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 27, 2022
Document Transition Report	false
Entity File Number	000-51485
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	72-1060618
Entity Address, Address Line One	1030 W. Canton Avenue, Suite 100
Entity Address, City or Town	Winter Park
Entity Address, State or Province	FL
Entity Address, Postal Zip Code	32789
City Area Code	407
Local Phone Number	333-7440
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	RUTH
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		34,322,588

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 27, 2022	Dec. 26, 2021
Current assets:
Cash and cash equivalents	$ 66,786	$ 92,133
Accounts receivable, less allowance for doubtful accounts 2022 - $127; 2021 - $106	26,828	41,588
Inventory	7,890	8,554
Prepaid expenses and other	3,108	3,919
Total current assets	104,612	146,194
Property and equipment, net of accumulated depreciation 2022 - $196,932; 2021 - $195,853	128,113	121,706
Operating lease right of use assets	188,270	173,754
Goodwill	45,549	45,549
Other assets	1,704	1,547
Total assets	514,883	535,979
Current liabilities:
Accounts payable	6,903	11,685
Accrued payroll	10,053	17,097
Accrued expenses	10,045	12,924
Deferred revenue	61,298	69,029
Current operating lease liabilities	16,999	17,006
Other current liabilities	5,064	7,674
Total current liabilities	110,362	135,415
Long-term debt	50,000	70,000
Operating lease liabilities	209,144	192,666
Unearned franchise fees	2,444	2,219
Deferred income taxes	316	399
Other liabilities	69	69
Total liabilities	372,335	400,768
Commitments and contingencies (Note 11)
Shareholders' equity:
Common stock, par value $.01 per share; 100,000,000 shares authorized, 33,659,346 shares issued and outstanding at March 27, 2022, 33,575,337 shares issued and outstanding at December 26, 2021	337	336
Additional paid-in capital	69,955	68,923
Retained earnings	72,256	65,952
Treasury stock, at cost; 71,950 shares at March 27, 2022 and December 26, 2021	0	0
Total shareholders' equity	142,548	135,211
Total liabilities and shareholders' equity	514,883	535,979
Franchise Rights [Member]
Current assets:
Franchise rights, net of accumulated amortization 2022 - $9,341; 2021 - $8,779	41,677	42,239
Lease And Other Intangible Assets [Member]
Current assets:
Franchise rights, net of accumulated amortization 2022 - $9,341; 2021 - $8,779	$ 4,958	$ 4,990

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Mar. 27, 2022	Dec. 26, 2021
Allowance for doubtful accounts	$ 127	$ 106
Property and equipment, accumulated depreciation	$ 196,932	$ 195,853
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	33,659,346	33,575,337
Common stock, shares outstanding (in shares)	33,659,346	33,575,337
Treasury stock, shares (in shares)	71,950	71,950
Franchise Rights [Member]
Finite-lived intangible assets, accumulated amortization	$ 9,341	$ 8,779
Lease And Other Intangible Assets [Member]
Finite-lived intangible assets, accumulated amortization	$ 1,731	$ 1,698

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations-Unaudited - USD ($) $ in Thousands	3 Months Ended
	Mar. 27, 2022	Mar. 28, 2021
Revenues:
Revenue	$ 126,132	$ 87,283
Costs and expenses:
Food and beverage costs	38,611	22,921
Restaurant operating expenses	54,640	37,583
Marketing and advertising	4,915	1,993
General and administrative costs	9,241	7,196
Depreciation and amortization expenses	4,793	5,063
Pre-opening costs	881	445
Total costs and expenses	113,081	75,201
Operating income	13,051	12,082
Other income (expense):
Interest expense, net	(324)	(1,303)
Other	28	44
Income before income taxes	12,755	10,823
Income tax expense	2,342	1,698
Net income	$ 10,413	$ 9,125
Basic earnings per common share (in dollars per share)	$ 0.31	$ 0.27
Diluted earnings per common share (in dollars per share)	$ 0.31	$ 0.26
Shares used in computing earnings per common share:
Basic (in shares)	33,589,838	34,282,733
Diluted (in shares)	33,885,076	34,599,764
Cash dividends declared per common share (in dollars per share)	$ 0.12	$ 0
Restaurant Sales [Member]
Revenues:
Revenue	$ 118,713	$ 81,636
Franchise [Member]
Revenues:
Revenue	4,730	3,792
Service, Other [Member]
Revenues:
Revenue	$ 2,689	$ 1,855

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Shareholders' Equity-Unaudited - USD ($) shares in Thousands, $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Total
Balance (in shares) at Dec. 27, 2020	34,257			72
Balance at Dec. 27, 2020	$ 343	$ 83,424	$ 23,677		$ 107,444
Net income	$ 0	0	9,125	$ 0	9,125
Shares issued under stock compensation plan net of shares withheld for tax effects (in shares)	128
Shares issued under stock compensation plan net of shares withheld for tax effects	$ 1	(1,802)			(1,801)
Stock-based compensation		1,564			1,564
Balance (in shares) at Mar. 28, 2021	34,385			72
Balance at Mar. 28, 2021	$ 344	83,186	32,802		116,332
Balance (in shares) at Dec. 26, 2021	33,575			72
Balance at Dec. 26, 2021	$ 336	68,923	65,952		135,211
Net income			10,413	$ 0	10,413
Cash dividends, $0.12 per common share	$ 0	0	(4,109)	$ 0	(4,109)
Shares issued under stock compensation plan net of shares withheld for tax effects (in shares)	84
Shares issued under stock compensation plan net of shares withheld for tax effects	$ 1	(722)			(721)
Stock-based compensation		1,754			1,754
Balance (in shares) at Mar. 27, 2022	33,659			72
Balance at Mar. 27, 2022	$ 337	$ 69,955	$ 72,256		$ 142,548

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Shareholders' Equity-Unaudited (Parentheticals)	3 Months Ended
	Mar. 27, 2022$ / shares
Cash dividends, per common share (in dollars per share)	$ 0.12

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows-Unaudited - USD ($) $ in Thousands	3 Months Ended
	Mar. 27, 2022	Mar. 28, 2021
Cash flows from operating activities:
Net income	$ 10,413	$ 9,125
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	4,793	5,063
Deferred income taxes	(83)	607
Non-cash interest expense	54	108
Stock-based compensation expense	1,754	1,564
Changes in operating assets and liabilities:
Accounts receivable	12,894	8,013
Inventories	664	(258)
Prepaid expenses and other	811	794
Other assets	(211)	11
Accounts payable and accrued expenses	(15,754)	(430)
Deferred revenue	(7,731)	(4,461)
Operating lease liabilities and assets	3,821	(1,454)
Other liabilities	(1,892)	526
Net cash provided by operating activities	9,533	19,208
Cash flows from investing activities:
Acquisition of property and equipment	(10,050)	(359)
Net cash used in investing activities	(10,050)	(359)
Cash flows from financing activities:
Principal repayments on long-term debt	(20,000)	0
Cash dividend payments	(4,109)	0
Tax payments from the vesting of restricted stock	(721)	(1,801)
Deferred financing costs	0	(132)
Net cash (used in) financing activities	(24,830)	(1,933)
Net (decrease) increase in cash and cash equivalents	(25,347)	16,916
Cash and cash equivalents at beginning of period	92,133	95,402
Cash and cash equivalents at end of period	66,786	112,318
Supplemental disclosures of cash flow information:
Interest, net of capitalized interest	260	1,345
Income taxes	0	39
Noncash investing and financing activities:
Accrued acquisition of property and equipment	$ 1,471	$ 46

Note 1 - The Company and Basis

Note 1 - The Company and Basis of Presentation	3 Months Ended
	Mar. 27, 2022
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	( 1 The accompanying unaudited condensed consolidated financial statements of Ruth’s Hospitality Group, Inc. and its subsidiaries (collectively, the "Company") as of March 27, 2022 December 26, 2021 thirteen March 27, 2022 March 28, 2021 Ruth’s Hospitality Group, Inc. is a restaurant company focused on the upscale dining segment. Ruth’s Hospitality Group, Inc. operates Company-owned Ruth’s Chris Steak House restaurants and sells franchise rights to Ruth’s Chris Steak House franchisees giving the franchisees the exclusive right to operate similar restaurants in a particular area designated in the franchise agreement. As of March 27, 2022 three March 2022 The information furnished herein reflects all adjustments (consisting of normal recurring accruals and adjustments), which are, in the opinion of management, necessary to fairly present the operating results for the respective periods. The interim results of operations for the periods ended March 27, 2022 March 28, 2021 not may 10 December 26, 2021 The Company operates on a 52 53 December. March 27, 2022 March 28, 2021 thirteen first 2022 first 2021 2022 2021 52 COVID- 19 In March 2020 2019 19 March 27, 2022 19 19 19 19 19 may 19 19 19, may Following increases in the number of cases of COVID- 19 19 BA.2 19 19 Estimates Management of the Company has made a number of estimates and assumptions relating to the reporting of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reporting of revenue and expenses during the periods presented to prepare these condensed consolidated financial statements in conformity with GAAP. Significant items subject to such estimates and assumptions include the carrying amounts of property and equipment, goodwill, franchise rights, operating lease right of use assets and obligations related to gift cards, income taxes, operating lease liabilities, incentive compensation, workers’ compensation and medical insurance. Actual results could differ from those estimates.

Note 2 - Fair Value Measurement

Note 2 - Fair Value Measurements	3 Months Ended
	Mar. 27, 2022
Notes to Financial Statements
Fair Value Measurement and Measurement Inputs, Recurring and Nonrecurring [Text Block]	( 2 The carrying amounts of cash and cash equivalents, receivables, prepaid expenses, accounts payable and accrued expenses and other current liabilities are reasonable estimates of their fair values due to their short duration. Borrowings classified as long-term debt as of March 27, 2022 December 26, 2021 March 27, 2022 2 The Company did not March 27, 2022 The Company’s non-financial assets measured at fair value on a non-recurring basis as of December 26, 2021 Fair Value as of December 26, 2021 Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Losses on Impairment Long-lived assets $ — $ — $ — $ 1,766

Note 3 - Leases

Note 3 - Leases	3 Months Ended
	Mar. 27, 2022
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	( 3 The Company leases restaurant facilities and equipment. The Company determines whether an arrangement is or contains a lease at contract inception. The Company’s leases are all classified as operating leases, which are included as operating lease right of use assets (“ROU assets”) and operating lease liabilities in the Company’s condensed consolidated balance sheet. Operating lease liabilities are recognized based on the present value of future minimum lease payments over the expected lease term at commencement date. ROU assets are measured based on the operating lease liabilities adjusted for lease incentives, initial indirect costs and impairments of operating lease assets. Minimum lease payments include only the fixed lease components of the agreements, as well as any variable rate payments that depend on an index, which are measured initially using the index at the lease commencement dates. To determine the present value of future minimum lease payments, the Company estimates incremental borrowing rates based on the information available at the lease commencement dates, or amendment date for contract modifications. The Company estimates its incremental borrowing rates by determining the synthetic credit rating of the Company using quantitative and qualitative analysis and then adjusting the synthetic credit rating to a collateralized credit rating. A spread curve is then developed using the U.S. corporate bond yield curve of the same credit rating and the U.S. Treasury curve to determine the rate for different terms. The expected lease terms include options to extend when it is reasonably certain the Company will exercise the options up to a total term of 20 years. Total lease cost is expensed on a straight-line basis over the life of a lease. Additionally, incentives received from landlords used to fund leasehold improvements reduce the ROU assets related to those leases and are amortized as reductions to lease expense over the lives of the leases. Variable lease payments that do not 12 On April 10, 2020, April 8, 2020 19 April 8, 2020 19 not may 1 842 2 Due to the impacts of the COVID- 19 As of March 27, 2022 1 not March 27, 2022 The components of lease expense are as follows (in thousands): 13 Weeks Ended 13 Weeks Ended Classification March 27, 2022 March 28, 2021 Operating lease cost Restaurant operating expenses and general and administrative costs $ 6,158 $ 4,409 Variable lease cost Restaurant operating expenses and general and administrative costs 3,365 2,945 Total lease cost $ 9,523 $ 7,354 As of March 27, 2022 Operating Leases 2022, excluding the first thirteen weeks ended March 27, 2022 $ 24,724 2023 25,599 2024 25,224 2025 23,794 2026 22,654 Thereafter 207,445 Total future minimum rental commitments 329,440 Imputed interest (103,297 ) $ 226,143 Supplemental cash flow information related to operating leases was as follows (in thousands): 13 Weeks Ended 13 Weeks Ended March 27, 2022 March 28, 2021 Cash paid for amounts included in the measurement of lease liabilities $ 6,315 $ 5,420 Right-of-use assets obtained in exchange for lease obligations $ 19,932 $ 1,092 Additionally, as of March 27, 2022 four 18

Note 4 - Revenue

Note 4 - Revenue	3 Months Ended
	Mar. 27, 2022
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	( 4 In the following tables, the Company’s revenue is disaggregated by major component for each category on the consolidated statements of operations (in thousands). Thirteen Weeks Ended March 27, 2022: Domestic International Total Revenue Restaurant sales $ 118,713 $ — $ 118,713 Franchise income 4,102 628 4,730 Other operating income 2,689 — 2,689 Total revenue $ 125,504 $ 628 $ 126,132 Thirteen Weeks Ended March 28, 2021: Domestic International Total Revenue Restaurant sales $ 81,636 $ — $ 81,636 Franchise income 3,328 464 3,792 Other operating income 1,855 — 1,855 Total revenue $ 86,819 $ 464 $ 87,283 The following table provides information about receivables and deferred revenue liabilities from contracts with customers (in thousands). March 27, December 26, 2022 2021 Accounts receivable, less allowance for doubtful accounts 2022 - $ 127 106 $ 12,426 $ 24,179 Deferred revenue $ 61,298 $ 69,029 Unearned franchise fees $ 2,444 $ 2,219 Significant changes in the deferred revenue balance and the unearned franchise fees balance during the first thirteen 2022 Deferred Unearned Revenue Franchise Fees Balance at December 26, 2021 $ 69,029 $ 2,219 Decreases in the beginning balance from gift card redemptions (13,790 ) — Increases due to proceeds received, excluding amounts recognized during the period 6,057 — Decreases due to recognition of franchise development and opening fees — (75 ) Increases due to proceeds received for franchise development and opening fees — 300 Other 2 — Balance at March 27, 2022 $ 61,298 $ 2,444 Significant changes in the deferred revenue balance and the unearned franchise fees balance during the first thirteen 2021 Deferred Unearned Revenue Franchise Fees Balance at December 27, 2020 $ 59,030 $ 2,186 Decreases in the beginning balance from gift card redemptions (10,668 ) — Increases due to proceeds received, excluding amounts recognized during the period 6,200 — Decreases due to recognition of franchise development and opening fees — (58 ) Increases due to proceeds received for franchise development and opening fees — — Other 7 — Balance at March 28, 2021 $ 54,569 $ 2,128

Note 5 - Long-term Debt

Note 5 - Long-term Debt	3 Months Ended
	Mar. 27, 2022
Notes to Financial Statements
Debt Disclosure [Text Block]	( 5 Long-term debt consists of the following (in thousands): March 27, December 26, 2022 2021 Senior Credit Facility: Revolving credit facility $ 50,000 $ 70,000 Less current maturities — — $ 50,000 $ 70,000 As of March 27, 2022 March 27, 2022 The Credit Agreement provides for a revolving credit facility of $140.0 million with a $10.0 million sub-facility of letters of credit and a $5.0 million sub-facility for swingline loans. Subject to the satisfaction of certain conditions and lender consent, the revolving credit facility may October 18, 2026 The Credit Agreement contains customary representations and affirmative and negative covenants (including limitations on indebtedness and liens) as well as financial covenants, as described below, requiring a minimum fixed coverage charge ratio as defined in the Credit Agreement (“Fixed Charge Coverage Ratio”) limiting the Company’s actual leverage ratio as defined in the Credit Agreement (“Maximum Consolidated Leverage Ratio”). The October 2021 1.25:1.00 no 3.00:1.00. October 2021 not 2.50:1.00 not may may Interest rate margins and the fee for the unused commitment will be calculated based on the Maximum Consolidated Leverage Ratio, and at the Company’s option, revolving loans may (i) LIBOR, plus an applicable margin, or (ii) the highest of (a) the rate publicly announced by Wells Fargo as its prime rate, (b) the average published federal funds rate in effect on such day plus 0.50% and (c) one The applicable margin is based on the Company’s Maximum Consolidated Leverage Ratio, ranging from (a) 1.50% to 2.25% above the applicable LIBOR rate or (b) 0.50% to 1.25% above the applicable Base Rate. As of March 27, 2022, first 2022,

Note 6 - Shareholders’ Eq

Note 6 - Shareholders’ Equity	3 Months Ended
	Mar. 27, 2022
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	( 6 Equity In October 2019, 19 third 2021 December 27, 2021. first 2022. March 27, 2022 As a result of the impacts to our business arising from the COVID- 19 first 2022, Declaration Date Dividend per Share Record Date Total Amount Payment Date Fiscal Year 2022 January 6, 2022 $ 0.12 February 3, 2022 $ 4,109 February 17, 2022 Subsequent to the end of the first 2022, June 2, 2022 May 19, 2022. Outstanding unvested restricted stock is not March 27, 2022 March 27, 2022 March 27, 2022

Note 7 - Segment Information

Note 7 - Segment Information	3 Months Ended
	Mar. 27, 2022
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	( 7 The Company has two not March 27, 2022 three not Not No not No Segment information related to the Company’s two 13 Weeks Ended March 27, March 28, 2022 2021 Revenues: Company-owned steakhouse restaurants $ 119,993 $ 82,693 Franchise operations 4,730 3,792 Unallocated other revenue and revenue discounts 1,409 798 Total revenues $ 126,132 $ 87,283 Segment profits: Company-owned steakhouse restaurants $ 26,742 $ 22,189 Franchise operations 4,730 3,792 Total segment profit 31,472 25,981 Unallocated operating income 1,409 798 Marketing and advertising expenses (4,915 ) (1,993 ) General and administrative costs (9,241 ) (7,196 ) Depreciation and amortization expenses (4,793 ) (5,063 ) Pre-opening costs (881 ) (445 ) Interest expense, net (324 ) (1,303 ) Other income 28 44 Income before income tax expense $ 12,755 $ 10,823 Capital expenditures: Company-owned steakhouse restaurants $ 6,907 $ 359 Corporate assets 3,143 — Total capital expenditures $ 10,050 $ 359 March 27, December 26, 2022 2021 Total assets: Company-owned steakhouse restaurants $ 417,018 $ 404,929 Franchise operations 2,154 2,801 Corporate assets - unallocated 95,711 128,249 Total assets $ 514,883 $ 535,979

Note 8 - Stock-based Employee C

Note 8 - Stock-based Employee Compensation	3 Months Ended
	Mar. 27, 2022
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	( 8 On May 15, 2018, 2018 "2018 2005 "2005 May 30, 2018 2018 2005 2018 2005 May 15, 2018 March 27, 2022 2005 March 27, 2022 2018 March 27, 2022 2018 first thirteen 2022 first thirteen 2022 2023, 2024, 2025 2027. first thirteen 2022 2021

Note 9 - Income Taxes

Note 9 - Income Taxes	3 Months Ended
	Mar. 27, 2022
Notes to Financial Statements
Income Tax Disclosure [Text Block]	( 9 Income tax expense differs from amounts computed by applying the federal statutory income tax rate to income from continuing operations before income taxes as follows: 13 Weeks Ended March 27, March 28, 2022 2021 Income tax expense at statutory rates 21.0 % 21.0 % Increase (decrease) in income taxes resulting from: State income taxes, net of federal benefit 3.9 % 4.3 % Federal employment tax credits (8.3 %) (10.0 %) Non-deductible executive compensation 1.9 % 1.6 % Stock-based compensation (0.1 %) (1.1 %) Other (0.0 %) (0.1 %) Effective tax rate 18.4 % 15.7 % The Employment-related tax credits line in the effective tax rate schedule above is comprised mainly of federal FICA tip credits which the Company utilizes to reduce its periodic federal income tax expense. A restaurant company employer may The Company files consolidated and separate income tax returns in the United States federal jurisdiction and many state jurisdictions, respectively. With few exceptions, the Company is no 2017.

Note 10 - Earnings Per Share

Note 10 - Earnings Per Share	3 Months Ended
	Mar. 27, 2022
Notes to Financial Statements
Earnings Per Share [Text Block]	( 10 The following table sets forth the computation of earnings per share (amounts in thousands, except share and per share amounts): 13 Weeks Ended March 27, March 28, 2022 2021 Net income (loss) $ 10,413 $ 9,125 Shares: Weighted average number of common shares outstanding - basic 33,589,838 34,282,733 Weighted average number of common shares outstanding - diluted 33,885,076 34,599,764 Basic earnings (loss) per common share $ 0.31 $ 0.27 Diluted earnings (loss) per common share $ 0.31 $ 0.26 Diluted earnings per share for the first 2022 2021 no

Note 11 - Commitments and Conti

Note 11 - Commitments and Contingencies	3 Months Ended
	Mar. 27, 2022
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	( 11 The Company is subject to various claims, possible legal actions and other matters arising in the normal course of business. Management does not The legislation and regulations related to tax and unclaimed property matters are complex and subject to varying interpretations by both government authorities and taxpayers. The Company remits a variety of taxes and fees to various governmental authorities, including excise taxes, property taxes, sales and use taxes, and payroll taxes. The taxes and fees remitted by the Company are subject to review and audit by the applicable governmental authorities which could assert claims for additional assessments. Although management believes that the tax positions are reasonable and consequently there are no may may may The Company is subject to unclaimed or abandoned property (escheat) laws which require the Company to turn over to certain state governmental authorities the property of others held by the Company that has been unclaimed for specified periods of time. The Company is subject to audit of its escheatment practices by individual U.S. states. On February 26, 2018, September 2, 2020, two No RIC1804127 2022. July 29, 2021, September 17, 2021, October 19, 2021, may The Company currently buys a majority of its beef from two 19 may Our restaurant operations could be further disrupted if large numbers of our employees are diagnosed with COVID- 19. 19, may Our suppliers could be adversely impacted by the COVID- 19 19, Additional government regulations or legislation as a result of COVID- 19 may may 19 The Company could experience other potential impacts as a result of the COVID- 19 not not may 19 not

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 27, 2022
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	The accompanying unaudited condensed consolidated financial statements of Ruth’s Hospitality Group, Inc. and its subsidiaries (collectively, the "Company") as of March 27, 2022 December 26, 2021 thirteen March 27, 2022 March 28, 2021 Ruth’s Hospitality Group, Inc. is a restaurant company focused on the upscale dining segment. Ruth’s Hospitality Group, Inc. operates Company-owned Ruth’s Chris Steak House restaurants and sells franchise rights to Ruth’s Chris Steak House franchisees giving the franchisees the exclusive right to operate similar restaurants in a particular area designated in the franchise agreement. As of March 27, 2022 three March 2022 The information furnished herein reflects all adjustments (consisting of normal recurring accruals and adjustments), which are, in the opinion of management, necessary to fairly present the operating results for the respective periods. The interim results of operations for the periods ended March 27, 2022 March 28, 2021 not may 10 December 26, 2021 The Company operates on a 52 53 December. March 27, 2022 March 28, 2021 thirteen first 2022 first 2021 2022 2021 52
Impact of Unusual Risks and Uncertainties [Policy Text Block]	COVID- 19 In March 2020 2019 19 March 27, 2022 19 19 19 19 19 may 19 19 19, may Following increases in the number of cases of COVID- 19 19 BA.2 19 19
Use of Estimates, Policy [Policy Text Block]	Estimates Management of the Company has made a number of estimates and assumptions relating to the reporting of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reporting of revenue and expenses during the periods presented to prepare these condensed consolidated financial statements in conformity with GAAP. Significant items subject to such estimates and assumptions include the carrying amounts of property and equipment, goodwill, franchise rights, operating lease right of use assets and obligations related to gift cards, income taxes, operating lease liabilities, incentive compensation, workers’ compensation and medical insurance. Actual results could differ from those estimates.

Note 2 - Fair Value Measureme_2

Note 2 - Fair Value Measurements (Tables)	3 Months Ended
	Mar. 27, 2022
Notes Tables
Fair Value Measurements, Nonrecurring [Table Text Block]	Fair Value as of December 26, 2021 Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Losses on Impairment Long-lived assets $ — $ — $ — $ 1,766

Note 3 - Leases (Tables)

Note 3 - Leases (Tables)	3 Months Ended
	Mar. 27, 2022
Notes Tables
Lease, Cost [Table Text Block]	13 Weeks Ended 13 Weeks Ended Classification March 27, 2022 March 28, 2021 Operating lease cost Restaurant operating expenses and general and administrative costs $ 6,158 $ 4,409 Variable lease cost Restaurant operating expenses and general and administrative costs 3,365 2,945 Total lease cost $ 9,523 $ 7,354
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	Operating Leases 2022, excluding the first thirteen weeks ended March 27, 2022 $ 24,724 2023 25,599 2024 25,224 2025 23,794 2026 22,654 Thereafter 207,445 Total future minimum rental commitments 329,440 Imputed interest (103,297 ) $ 226,143
Schedule of Supplemental Cash Flow Related to Operating Lease Cost [Table Text Block]	13 Weeks Ended 13 Weeks Ended March 27, 2022 March 28, 2021 Cash paid for amounts included in the measurement of lease liabilities $ 6,315 $ 5,420 Right-of-use assets obtained in exchange for lease obligations $ 19,932 $ 1,092

Note 4 - Revenue (Tables)

Note 4 - Revenue (Tables)	3 Months Ended
	Mar. 27, 2022
Notes Tables
Disaggregation of Revenue [Table Text Block]	Thirteen Weeks Ended March 27, 2022: Domestic International Total Revenue Restaurant sales $ 118,713 $ — $ 118,713 Franchise income 4,102 628 4,730 Other operating income 2,689 — 2,689 Total revenue $ 125,504 $ 628 $ 126,132 Thirteen Weeks Ended March 28, 2021: Domestic International Total Revenue Restaurant sales $ 81,636 $ — $ 81,636 Franchise income 3,328 464 3,792 Other operating income 1,855 — 1,855 Total revenue $ 86,819 $ 464 $ 87,283
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]	March 27, December 26, 2022 2021 Accounts receivable, less allowance for doubtful accounts 2022 - $ 127 106 $ 12,426 $ 24,179 Deferred revenue $ 61,298 $ 69,029 Unearned franchise fees $ 2,444 $ 2,219 Deferred Unearned Revenue Franchise Fees Balance at December 26, 2021 $ 69,029 $ 2,219 Decreases in the beginning balance from gift card redemptions (13,790 ) — Increases due to proceeds received, excluding amounts recognized during the period 6,057 — Decreases due to recognition of franchise development and opening fees — (75 ) Increases due to proceeds received for franchise development and opening fees — 300 Other 2 — Balance at March 27, 2022 $ 61,298 $ 2,444 Deferred Unearned Revenue Franchise Fees Balance at December 27, 2020 $ 59,030 $ 2,186 Decreases in the beginning balance from gift card redemptions (10,668 ) — Increases due to proceeds received, excluding amounts recognized during the period 6,200 — Decreases due to recognition of franchise development and opening fees — (58 ) Increases due to proceeds received for franchise development and opening fees — — Other 7 — Balance at March 28, 2021 $ 54,569 $ 2,128

Note 5 - Long-term Debt (Tables

Note 5 - Long-term Debt (Tables)	3 Months Ended
	Mar. 27, 2022
Notes Tables
Schedule of Long-Term Debt Instruments [Table Text Block]	March 27, December 26, 2022 2021 Senior Credit Facility: Revolving credit facility $ 50,000 $ 70,000 Less current maturities — — $ 50,000 $ 70,000

Note 6 - Shareholders’ _2

Note 6 - Shareholders’ Equity (Tables)	3 Months Ended
	Mar. 27, 2022
Notes Tables
Schedule of Dividends Payable [Table Text Block]	Declaration Date Dividend per Share Record Date Total Amount Payment Date Fiscal Year 2022 January 6, 2022 $ 0.12 February 3, 2022 $ 4,109 February 17, 2022

Note 7 - Segment Information (T

Note 7 - Segment Information (Tables)	3 Months Ended
	Mar. 27, 2022
Notes Tables
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]	13 Weeks Ended March 27, March 28, 2022 2021 Revenues: Company-owned steakhouse restaurants $ 119,993 $ 82,693 Franchise operations 4,730 3,792 Unallocated other revenue and revenue discounts 1,409 798 Total revenues $ 126,132 $ 87,283 Segment profits: Company-owned steakhouse restaurants $ 26,742 $ 22,189 Franchise operations 4,730 3,792 Total segment profit 31,472 25,981 Unallocated operating income 1,409 798 Marketing and advertising expenses (4,915 ) (1,993 ) General and administrative costs (9,241 ) (7,196 ) Depreciation and amortization expenses (4,793 ) (5,063 ) Pre-opening costs (881 ) (445 ) Interest expense, net (324 ) (1,303 ) Other income 28 44 Income before income tax expense $ 12,755 $ 10,823 Capital expenditures: Company-owned steakhouse restaurants $ 6,907 $ 359 Corporate assets 3,143 — Total capital expenditures $ 10,050 $ 359
Reconciliation of Assets from Segment to Consolidated [Table Text Block]	March 27, December 26, 2022 2021 Total assets: Company-owned steakhouse restaurants $ 417,018 $ 404,929 Franchise operations 2,154 2,801 Corporate assets - unallocated 95,711 128,249 Total assets $ 514,883 $ 535,979

Note 9 - Income Taxes (Tables)

Note 9 - Income Taxes (Tables)	3 Months Ended
	Mar. 27, 2022
Notes Tables
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	13 Weeks Ended March 27, March 28, 2022 2021 Income tax expense at statutory rates 21.0 % 21.0 % Increase (decrease) in income taxes resulting from: State income taxes, net of federal benefit 3.9 % 4.3 % Federal employment tax credits (8.3 %) (10.0 %) Non-deductible executive compensation 1.9 % 1.6 % Stock-based compensation (0.1 %) (1.1 %) Other (0.0 %) (0.1 %) Effective tax rate 18.4 % 15.7 %

Note 10 - Earnings Per Share (T

Note 10 - Earnings Per Share (Tables)	3 Months Ended
	Mar. 27, 2022
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	13 Weeks Ended March 27, March 28, 2022 2021 Net income (loss) $ 10,413 $ 9,125 Shares: Weighted average number of common shares outstanding - basic 33,589,838 34,282,733 Weighted average number of common shares outstanding - diluted 33,885,076 34,599,764 Basic earnings (loss) per common share $ 0.31 $ 0.27 Diluted earnings (loss) per common share $ 0.31 $ 0.26

Note 1 - The Company and Basi_2

Note 1 - The Company and Basis of Presentation (Details Textual)	Mar. 27, 2022
Entity Operated Units [Member]
Number of Restaurants	74
Franchised Units [Member]
Number of Restaurants	74
Ruths Chris Steak House [Member]
Number of Restaurants	151
Ruths Chris Steak House [Member] | Entity Operated Units [Member]
Number of Restaurants	74
Ruths Chris Steak House [Member] | Contractual Agreement [Member]
Number of Restaurants	3
Ruths Chris Steak House [Member] | Franchised Units [Member]
Number of Restaurants	74
Ruths Chris Steak House [Member] | Franchised Units [Member] | International [Member]
Number of Restaurants	23

Note 2 - Fair Value Measureme_3

Note 2 - Fair Value Measurements (Details Textual) $ in Thousands	Mar. 27, 2022USD ($)
Assets, Fair Value Disclosure	$ 992

Note 2 - Fair Value Measureme_4

Note 2 - Fair Value Measurements - Assets Measured at Fair Value on Non-recurring Basis (Details) - USD ($) $ in Thousands	Mar. 27, 2022	Dec. 26, 2021
Fair Value	$ 992
Fair Value, Nonrecurring [Member] | Long Lived Assets [Member]
Fair Value		$ 0
Significant Other Observable Inputs (Level 3)		0
Total Losses on Impairment		1,766
Fair Value, Nonrecurring [Member] | Long Lived Assets [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value		$ 0

Note 3 - Leases (Details Textua

Note 3 - Leases (Details Textual) $ in Millions	3 Months Ended
	Mar. 31, 2022USD ($)	Mar. 27, 2022	Sep. 27, 2020
Lessee, Operating Lease, Option to Extend		20
Number of Leases Amended			1
Lessee, Operating Lease, Renewal Term (Year)		5 years
Operating Lease, Weighted Average Remaining Lease Term (Year)		13 years 6 months
Operating Lease, Weighted Average Discount Rate, Percent		5.40%
Number of Leases Executed		4
Operating Lease, Initial Direct Cost Expense, over Term	$ 19.7
Lessee, Operating Lease, Lease Not yet Commenced, Term of Contract (Year)		20 years
Maximum [Member]
Lessee, Operating Lease, Remaining Lease Term (Year)		20 years

Note 3 - Leases - Schedule of C

Note 3 - Leases - Schedule of Components of Lease Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 27, 2022	Mar. 28, 2021
Operating lease cost	$ 6,158	$ 4,409
Variable lease cost	3,365	2,945
Total lease cost	$ 9,523	$ 7,354

Note 3 - Leases - Schedule of M

Note 3 - Leases - Schedule of Maturities of Lease Liabilities (Details) $ in Thousands	Mar. 27, 2022USD ($)
2022, excluding the first thirteen weeks ended March 27, 2022	$ 24,724
2023	25,599
2024	25,224
2025	23,794
2026	22,654
Thereafter	207,445
Total future minimum rental commitments	329,440
Imputed interest	(103,297)
Operating Lease, Liability, Total	$ 226,143

Note 3 - Leases - Schedule of S

Note 3 - Leases - Schedule of Supplemental Cash Flow Related to Operating Leases (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 27, 2022	Mar. 28, 2021
Cash paid for amounts included in the measurement of lease liabilities	$ 6,315	$ 5,420
Right-of-use assets obtained in exchange for lease obligations	$ 19,932	$ 1,092

Note 4 - Revenue - Summary of D

Note 4 - Revenue - Summary of Disaggregated Revenue by Major Component for Each Category (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 27, 2022	Mar. 28, 2021
Revenue	$ 126,132	$ 87,283
Restaurant Sales [Member]
Revenue	118,713	81,636
Franchise [Member]
Revenue	4,730	3,792
Service, Other [Member]
Revenue	2,689	1,855
UNITED STATES
Revenue	125,504	86,819
UNITED STATES | Restaurant Sales [Member]
Revenue	118,713	81,636
UNITED STATES | Franchise [Member]
Revenue	4,102	3,328
UNITED STATES | Service, Other [Member]
Revenue	2,689	1,855
Non-US [Member]
Revenue	628	464
Non-US [Member] | Restaurant Sales [Member]
Revenue	0	0
Non-US [Member] | Franchise [Member]
Revenue	628	464
Non-US [Member] | Service, Other [Member]
Revenue	$ 0	$ 0

Note 4 - Revenue - Summary of R

Note 4 - Revenue - Summary of Receivables and Deferred Revenue Liabilities From Contracts With Customers (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 27, 2022	Mar. 28, 2021	Dec. 26, 2021	Dec. 27, 2020
Accounts receivable, less allowance for doubtful accounts 2022 - $127; 2021 - $106	$ 12,426		$ 24,179
Deferred revenue	61,298	$ 54,569	69,029	$ 59,030
Unearned franchise fees	2,444	2,128	$ 2,219	$ 2,186
Decreases in the beginning balance from gift card redemptions	(13,790)	(10,668)
Increases due to proceeds received, excluding amounts recognized during the period	6,057	6,200
Decreases due to recognition of franchise development and opening fees	(75)	(58)
Increases due to proceeds received for franchise development and opening fees	300
Other	$ 2	$ 7

Note 4 - Revenue - Summary of_2

Note 4 - Revenue - Summary of Receivables and Deferred Revenue Liabilities From Contracts With Customers (Details) (Parentheticals) - USD ($) $ in Thousands	Mar. 27, 2022	Dec. 26, 2021
Allowance for doubtful accounts	$ 127	$ 106

Note 5 - Long-term Debt (Detail

Note 5 - Long-term Debt (Details Textual) - USD ($) $ in Millions	Oct. 18, 2021	May 06, 2022	Mar. 27, 2022
Amended And Restated Credit Agreement [Member] | Wells Fargo Bank National Association And Other Lenders [Member]
Debt Instrument, Covenant, Minimum Liquidity	$ 25
Debt Instrument, Maturity Date	Oct. 18, 2026
Amended And Restated Credit Agreement [Member] | Wells Fargo Bank National Association And Other Lenders [Member] | Minimum [Member]
Fixed Charge Coverage Ratio	1.25%
Consolidated Leverage Ratio for Restricted Junior Payments	2.50%
Amended And Restated Credit Agreement [Member] | Wells Fargo Bank National Association And Other Lenders [Member] | Maximum [Member]
Consolidated Leverage Ratio	3.00%
Senior Credit Facility [Member]
Long-Term Line of Credit, Total			$ 50
Line of Credit Facility, Remaining Borrowing Capacity			$ 85.3
Long-Term Debt, Weighted Average Interest Rate, at Point in Time			1.90%
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage			0.30%
Letter of Credit [Member]
Letters of Credit Outstanding, Amount			$ 4.7
Long-Term Debt, Weighted Average Interest Rate, at Point in Time			2.60%
Letter of Credit [Member] | Amended And Restated Credit Agreement [Member] | Wells Fargo Bank National Association And Other Lenders [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 10
Revolving Credit Facility [Member] | Amended And Restated Credit Agreement [Member] | Subsequent Event [Member]
Repayments of Debt		$ 25
Revolving Credit Facility [Member] | Amended And Restated Credit Agreement [Member] | Fed Funds Effective Rate Overnight Index Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	0.50%
Revolving Credit Facility [Member] | Amended And Restated Credit Agreement [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate	1.00%
Revolving Credit Facility [Member] | Amended And Restated Credit Agreement [Member] | Minimum [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate	1.50%
Revolving Credit Facility [Member] | Amended And Restated Credit Agreement [Member] | Minimum [Member] | Base Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	0.50%
Revolving Credit Facility [Member] | Amended And Restated Credit Agreement [Member] | Maximum [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate	2.25%
Revolving Credit Facility [Member] | Amended And Restated Credit Agreement [Member] | Maximum [Member] | Base Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	1.25%
Revolving Credit Facility [Member] | Amended And Restated Credit Agreement [Member] | Wells Fargo Bank National Association And Other Lenders [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 140
Revolving Credit Facility [Member] | Amended And Restated Credit Agreement [Member] | Wells Fargo Bank National Association And Other Lenders [Member] | Subject To Satisfaction Of Certain Conditions And Lender Consent [Member]
Line of Credit Facility, Maximum Borrowing Capacity	200
Swingline Loans [Member] | Amended And Restated Credit Agreement [Member] | Wells Fargo Bank National Association And Other Lenders [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 5

Note 5 - Long-term Debt - Debt

Note 5 - Long-term Debt - Debt Disclosure (Details) - USD ($) $ in Millions	Mar. 27, 2022	Dec. 26, 2021
Revolving credit facility	$ 50	$ 70
Long-Term Debt, Excluding Current Maturities, Total	$ 50	$ 70

Note 6 - Shareholders’ _3

Note 6 - Shareholders’ Equity (Details Textual) - USD ($)	3 Months Ended
	Mar. 27, 2022	Oct. 29, 2021	Jan. 06, 2022	Oct. 31, 2019
Dividends Payable, Amount Per Share (in dollars per share)			$ 0.12
Dividends Payable			$ 4,109
Restricted Stock [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance (in shares)	747,189
Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance (in shares)	79,143
Performance Shares [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance (in shares)	205,769
Quarterly Dividend Declared [Member]
Dividends Payable, Amount Per Share (in dollars per share)	$ 0.14
Dividends Payable	$ 4,900,000
The 2019 Share Repurchase Plan [Member]
Stock Repurchase Program, Authorized Amount				$ 60,000,000
Stock Repurchased and Retired During Period, Shares (in shares)	0	887,515
Stock Repurchased and Retired During Period, Value		$ 16,600,000
Stock Repurchased and Retired During Period, Average Price Per Share (in dollars per share)		$ 18.69
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 25,000,000

Note 6 - Shareholders’ _4

Note 6 - Shareholders’ Equity - Schedule of Dividends Declared and Payable (Details)	Jan. 06, 2022USD ($)$ / shares
Dividend Per Share (in dollars per share) | $ / shares	$ 0.12
Record Date	Feb. 3, 2022
Total Amount | $	$ 4,109
Payment Date	Feb. 17, 2022

Note 7 - Segment Information (D

Note 7 - Segment Information (Details Textual)	3 Months Ended
	Mar. 27, 2022
Number of Operating Segments	2
Entity Operated Units [Member]
Number of Restaurants	74
Operated Under Contractual Agreements [Member]
Number of Restaurants	3
Franchised Units [Member]
Number of Restaurants	74

Note 7 - Segment Information -

Note 7 - Segment Information - Segment Information, Operating Profit (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 27, 2022	Mar. 28, 2021
Revenue	$ 126,132	$ 87,283
Segment profits	31,472	25,981
Unallocated operating income	1,409	798
Marketing and advertising expenses	(4,915)	(1,993)
General and administrative costs	(9,241)	(7,196)
Depreciation and amortization expenses	(4,793)	(5,063)
Pre-opening costs	(881)	(445)
Interest expense, net	(324)	(1,303)
Other	28	44
Income before income taxes	12,755	10,823
Capital expenditures	10,050	359
Operating Segments [Member] | Company Owned Steakhouse Restaurants [Member]
Revenue	119,993	82,693
Segment profits	26,742	22,189
Capital expenditures	6,907	359
Operating Segments [Member] | Franchise Operations [Member]
Revenue	4,730	3,792
Segment profits	4,730	3,792
Segment Reconciling Items [Member]
Revenue	1,409	798
Corporate, Non-Segment [Member]
Capital expenditures	$ 3,143	$ 0

Note 7 - Segment Information _2

Note 7 - Segment Information - Segment Information, Assets (Details) - USD ($) $ in Thousands	Mar. 27, 2022	Dec. 26, 2021
Assets	$ 514,883	$ 535,979
Operating Segments [Member] | Company Owned Steakhouse Restaurants [Member]
Assets	417,018	404,929
Operating Segments [Member] | Franchise Operations [Member]
Assets	2,154	2,801
Corporate, Non-Segment [Member]
Assets	$ 95,711	$ 128,249

Note 8 - Stock-based Employee_2

Note 8 - Stock-based Employee Compensation (Details Textual) - USD ($) $ in Millions	May 15, 2018	Mar. 27, 2022	Mar. 28, 2021
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)		425,365
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Date	May 30, 2018
Restricted Stock [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance (in shares)		747,189
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)		250,704
Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance (in shares)		79,143
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)		174,661
Omnibus Incentive Plan 2018 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)	2,500,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance (in shares)		991,180
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant (in shares)		1,640,943
Share-Based Payment Arrangement, Expense		$ 1.8	$ 1.6
Omnibus Incentive Plan 2018 [Member] | Share-Based Payment Arrangement, Tranche One [Member]
Stock Issued During Period, Shares, Restricted Stock Award, Gross (in shares)		94,341
Omnibus Incentive Plan 2018 [Member] | Share-Based Payment Arrangement, Tranche Two [Member]
Stock Issued During Period, Shares, Restricted Stock Award, Gross (in shares)		94,341
Omnibus Incentive Plan 2018 [Member] | Share-Based Payment Arrangement, Tranche Three [Member]
Stock Issued During Period, Shares, Restricted Stock Award, Gross (in shares)		229,463
Omnibus Incentive Plan 2018 [Member] | Share Based Compensation Award Tranche Four [Member]
Stock Issued During Period, Shares, Restricted Stock Award, Gross (in shares)		7,220
Long Term Equity Incentive Plan 2005 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures in Period (in shares)	1,649,394
Share-based Compensation Arrangement by Share-based Payment Award, Shares of Common Stock Issuable upon Exercise (in shares)		0
Long Term Equity Incentive Plan 2005 [Member] | Restricted Stock [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance (in shares)		40,920

Note 9 - income Taxes - Schedul

Note 9 - income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details)	3 Months Ended
	Mar. 27, 2022	Mar. 28, 2021
Income tax expense at statutory rates	21.00%	21.00%
State income taxes, net of federal benefit	3.90%	4.30%
Federal employment tax credits	(8.30%)	(10.00%)
Non-deductible executive compensation	1.90%	1.60%
Stock-based compensation	(0.10%)	(1.10%)
Other	(0.00%)	(0.10%)
Effective tax rate	18.40%	15.70%

Note 10 - Earnings Per Share (D

Note 10 - Earnings Per Share (Details Textual) - shares	3 Months Ended
	Mar. 27, 2022	Mar. 28, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	11,006	4,005

Note 10 - Earnings Per Share -

Note 10 - Earnings Per Share - Computation of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 27, 2022	Mar. 28, 2021
Net income (loss)	$ 10,413	$ 9,125
Basic (in shares)	33,589,838	34,282,733
Diluted (in shares)	33,885,076	34,599,764
Basic earnings per common share (in dollars per share)	$ 0.31	$ 0.27
Diluted earnings per common share (in dollars per share)	$ 0.31	$ 0.26

Note 11 - Commitments and Con_2

Note 11 - Commitments and Contingencies (Details Textual)	Mar. 27, 2022
Number of Suppliers	2