Habit Restaurants 10-Q 3 Aug 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 27, 2017	Jul. 31, 2017
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 27, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Trading Symbol	HABT
Entity Registrant Name	Habit Restaurants, Inc.
Entity Central Index Key	1,617,977
Current Fiscal Year End Date	--12-26
Entity Filer Category	Accelerated Filer
Class A Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		20,332,639
Class B Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		5,691,685

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 27, 2017	Dec. 27, 2016
ASSETS
Cash and cash equivalents	$ 45,311	$ 44,192
Accounts receivable	6,074	5,145
Inventory	1,477	1,519
Prepaid expenses and other current assets	1,485	1,672
Total current assets	54,347	52,528
Property and equipment, net	118,228	102,857
Tradenames	12,500	12,500
Goodwill	9,967	9,967
Deposits and other assets, net	3,121	2,907
Deferred tax assets	148,368	149,607
Total long-term assets	292,184	277,838
Total assets	346,531	330,366
Liabilities
Accounts payable	12,263	9,734
Employee-related accruals	6,799	6,359
Accrued expenses	6,500	5,608
Income tax payable	167	167
Amounts payable to related parties under Tax Receivable Agreement, current portion	2,011	2,014
Sales taxes payable	1,777	2,314
Deferred rent, current portion	1,106	769
Deferred franchise income, current portion	105	170
Total current liabilities	30,728	27,135
Deferred rent, net of current portion	16,423	14,465
Deemed landlord financing	10,616	6,036
Deferred franchise income, net of current portion	1,265	1,250
Amounts payable to related parties under Tax Receivable Agreement, net of current portion	138,195	137,593
Total liabilities	197,227	186,479
Commitments and contingencies (Note 8)
Stockholders’ equity
Additional paid-in capital	111,773	110,056
Retained earnings	10,352	7,397
The Habit Restaurants, Inc. stockholders’ equity	122,385	117,713
Non-controlling interests	26,919	26,174
Total stockholders’ equity	149,304	143,887
Total liabilities and stockholders’ equity	346,531	330,366
Class A Common Stock [Member]
Stockholders’ equity
Common stock value	203	202
Total stockholders’ equity	203	202
Class B Common Stock [Member]
Stockholders’ equity
Common stock value	57	58
Total stockholders’ equity	$ 57	$ 58

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Jun. 27, 2017	Dec. 27, 2016
Class A Common Stock [Member]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	70,000,000	70,000,000
Common stock, shares issued	20,278,263	20,178,937
Common stock, shares outstanding	20,278,263	20,178,937
Class B Common Stock [Member]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	70,000,000	70,000,000
Common stock, shares issued	5,743,811	5,821,122
Common stock, shares outstanding	5,743,811	5,821,122

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 27, 2017	Jun. 28, 2016	Jun. 27, 2017	Jun. 28, 2016
Revenue	$ 83,332	$ 71,116	$ 161,968	$ 138,073
Restaurant operating costs (excluding depreciation and amortization)
Food and paper cost	26,256	21,150	49,093	41,252
Labor and related expenses	27,051	22,892	53,034	44,313
Occupancy and other operating expenses	13,613	11,340	26,688	21,828
General and administrative expenses	8,325	7,524	16,088	14,125
Exchange related expenses	120	253	236	360
Depreciation and amortization expense	4,467	3,579	8,716	6,991
Pre-opening costs	735	533	1,130	793
Loss on disposal of assets	12	36	24	75
Total operating expenses	80,579	67,307	155,009	129,737
Income from operations	2,753	3,809	6,959	8,336
Other expenses
Interest expense, net	37	149	195	277
Income before income taxes	2,716	3,660	6,764	8,059
Provision for income taxes	1,003	1,164	2,303	2,169
Net income	1,713	2,496	4,461	5,890
Less: net income attributable to non-controlling interests	(601)	(1,305)	(1,506)	(3,319)
Net income attributable to The Habit Restaurants, Inc.	$ 1,112	$ 1,191	$ 2,955	$ 2,571
Class A Common Stock [Member]
Net income attributable to The Habit Restaurants, Inc. per share Class A common stock:
Basic	$ 0.05	$ 0.07	$ 0.15	$ 0.17
Diluted	$ 0.05	$ 0.07	$ 0.15	$ 0.17
Weighted average shares of Class A common stock outstanding:
Basic	20,259,140	16,657,886	20,223,913	15,353,798
Diluted	20,325,493	16,658,172	20,269,425	15,356,621

Condensed Consolidated Stateme5

Condensed Consolidated Statement of Changes In Stockholders Equity (Unaudited) - 6 months ended Jun. 27, 2017 - USD ($) $ in Thousands	Total	Common Stock A [Member]	Common Stock B [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Non-controlling Interests [Member]
Stockholders' equity at Dec. 27, 2016	$ 143,887	$ 202	$ 58	$ 110,056	$ 7,397	$ 26,174
Stockholders' equity, Shares at Dec. 27, 2016		20,178,937	5,821,122
Net income	4,461				2,955	1,506
Deferred tax assets	466			466
Tax distributions	(637)					(637)
Other distributions	(44)					(44)
Exchanges		$ 1	$ (1)
Exchanges, Shares		71,977	(71,977)
Restricted stock units vested		27,349
Non-controlling interests adjustment				429		(429)
Forfeiture of Class B common stock			(5,334)
Stock-based compensation	1,171			822		349
Stockholders' equity at Jun. 27, 2017	$ 149,304	$ 203	$ 57	$ 111,773	$ 10,352	$ 26,919
Stockholders' equity , Shares at Jun. 27, 2017		20,278,263	5,743,811

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 27, 2017	Jun. 28, 2016
Cash flows from operating activities:
Net income	$ 4,461	$ 5,890
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization expense	8,716	6,991
Amortization of financing fees		21
Stock-based compensation	1,171	867
Loss on disposal of assets	24	75
Deferred income taxes	2,303	2,169
Deferred rent	190	65
Changes in assets and liabilities:
Accounts receivable	1,175	1,590
Inventory	42	(12)
Prepaid expenses	193	16
Deposits and other assets	(213)	(297)
Accounts payable	1,653	77
Employee-related accruals	440	431
Accrued expenses	(59)	(291)
Income taxes payable	(6)	(7)
Sales taxes payable	(537)	(536)
Net cash provided by operating activities	19,553	17,049
Cash flows from investing activities:
Purchase of property and equipment	(17,702)	(13,086)
Net cash used in investing activities	(17,702)	(13,086)
Cash flows from financing activities:
Tax distributions to LLC members	(637)	(1,030)
Other distributions to LLC members	(44)	(46)
Payments on deemed landlord financing	(51)	(33)
Net cash used in financing activities	(732)	(1,109)
Net change in cash and cash equivalents	1,119	2,854
Cash and cash equivalents, beginning of period	44,192	46,991
Cash and cash equivalents, end of period	45,311	49,845
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Cash paid for interest	396	292
Cash paid for income taxes	6	7
NON-CASH FINANCING
Deemed landlord financing	4,631	2,260
Unpaid purchase of property and equipment	$ 3,687	$ 2,892

Nature of Operations and Basis

Nature of Operations and Basis of Presentation	6 Months Ended
	Jun. 27, 2017
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Nature of Operations and Basis of Presentation	Note 1—Nature of Operations and Basis of Presentation The condensed consolidated financial statements of The Habit Restaurants, Inc. include the accounts of The Habit Restaurants, LLC and its subsidiaries (collectively the “Company”). All significant intercompany balances and transactions have been eliminated in consolidation. The Habit Restaurants, Inc. was formed as a Delaware corporation on July 24, 2014, as a holding company for the purposes of facilitating an initial public offering (the “IPO”) of shares of Class A common stock. The Company acquired, by merger, entities that were members of The Habit Restaurants, LLC. The Company accounted for the merger as a non-substantive transaction in a manner similar to a transaction between entities under common control pursuant to Accounting Standards Codification (“ASC”) ASC 805-50 Transactions between Entities under Common Control During the 26-week period ended June 27, 2017, 71,977 common units in The Habit Restaurants, LLC (“LLC Units”) were exchanged by the existing owners of The Habit Restaurants, LLC (the “Continuing LLC Owners”), and a corresponding number of shares of Class B common stock were cancelled in connection with such exchanges, for shares of Class A common stock. In addition, 27,349 restricted stock units vested during the 26-week period ended June 27, 2017 and 5,334 LLC Units were forfeited, and a corresponding number of shares of Class B common stock were then cancelled in connection with the forfeitures, during the 26-week period ended June 27, 2017. As a result of these exchanges, vesting of restricted stock units and forfeitures, as of June 27, 2017, The Habit Restaurants, Inc. directly or indirectly held 20,278,263 LLC Units, representing a 77.9% economic interest in The Habit Restaurants, LLC, and continues to exercise exclusive control over the Habit Restaurants, LLC, as its sole managing member. In connection with the recapitalization and the Company’s IPO, The Habit Restaurants, LLC limited liability company agreement (the “LLC Agreement”) was amended and restated to, among other things, create a single new class of non-voting LLC Units. The existing owners of The Habit Restaurants, LLC continue to hold LLC Units, and such existing owners (other than The Habit Restaurants, Inc. and its wholly-owned subsidiaries) were issued a number of shares of our Class B common stock equal to the number of LLC Units held by them. These LLC Units continue to be subject to any vesting, forfeiture, repurchase or similar provisions pursuant to the Pre-IPO agreement. Each share of Class B common stock provides its holder with no economic rights but entitles the holder to one vote on matters presented to The Habit Restaurants, Inc.’s stockholders. Holders of Class A common stock and Class B common stock generally vote together as a single class on all matters presented to our stockholders for their vote or approval, except as otherwise required by applicable law. The Class B common stock is not publicly traded and does not entitle its holders to receive dividends or distributions upon a liquidation, dissolution or winding up of The Habit Restaurants, Inc. As the sole managing member of The Habit Restaurants, LLC, the Company has the right to determine when distributions will be made to the unit holders of The Habit Restaurants, LLC, and the amount of any such distributions (in each case subject to the requirements with respect to the tax distributions described below). If The Habit Restaurants, Inc. authorizes a distribution, such distribution will be made to the unit holders of The Habit Restaurants, LLC, including The Habit Restaurants, Inc., pro rata in accordance with their respective ownership of the LLC Units (other than, for clarity, certain non-pro rata distributions to the Company to satisfy certain of the Company’s obligations). Notwithstanding the foregoing, The Habit Restaurants, LLC bears the cost of or reimburses The Habit Restaurants, Inc. for certain expenses incurred by The Habit Restaurants, Inc. The Company also entered into a tax receivable agreement (“TRA”). The Habit Restaurants, LLC is treated by its members as a partnership for federal and applicable state income tax purposes and, as such, generally is not expected to be subject to income tax (except that it may be required to withhold and remit tax as a withholding agent). Instead, taxable income is allocated to holders of LLC Units, including the Company. Accordingly, the Company incurs income taxes on its allocable share of any net taxable income of The Habit Restaurants, LLC and also incurs expenses related to its operations. Pursuant to the LLC Agreement, The Habit Restaurants, LLC is required to make tax distributions to the holders of LLC Units, except that The Habit Restaurants, LLC’s ability to make such distributions may be subject to various limitations and restrictions, including the operating results of its subsidiaries, its cash requirements and financial condition, the applicable provisions of Delaware law that may limit the amount of funds available for distribution to its members, compliance by The Habit Restaurants, LLC and its subsidiaries with restrictions, covenants and financial ratios related to existing or future indebtedness, and other agreements entered into by The Habit Restaurants, LLC or its subsidiaries with third parties. In addition to tax expenses, The Habit Restaurants, Inc. incurs expenses related to its operations, plus payments under the TRA, which the Company expects will be significant. The Company intends to cause The Habit Restaurants, LLC to make distributions or, in the case of certain expenses, payments in an amount sufficient to allow The Habit Restaurants, Inc. to pay its taxes and operating expenses, including distributions to fund any ordinary course payments due under the TRA. Under the terms of the Company’s LLC Agreement, no member shall be obligated personally for any debt, obligation, or liability of the Company. The Company is headquartered in Irvine, California, and, as of June 27, 2017, managed and operated 175 fast casual restaurants as “The Habit Burger Grill” in California, Arizona, Utah, New Jersey, Florida, Idaho, Virginia and Maryland. The restaurant’s menu includes charbroiled hamburgers, specialty sandwiches, fresh salads, and shakes and malts. Additionally, with the formation of Franchise, the Company began franchising its restaurant concept. Franchise’s future operations are dependent upon the success of the Company’s restaurant concept. The Company has entered into three licensing and five franchise agreements through June 27, 2017. The Company had three licensed locations and 11 franchised locations from which it generates revenues as of June 27, 2017, which operate in California, Arizona, Nevada, Washington and the United Arab Emirates. The accompanying condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles in the United States (“GAAP”) for complete financial statements. It is the Company’s opinion that all adjustments considered necessary for the fair presentation of its results of operations, financial position, and cash flows for the periods presented have been included and are of a normal, recurring nature. The results of operations for interim periods are not necessarily indicative of the results to be expected for a full year. These financial statements should be read in conjunction with the audited financial statements and notes thereto for the year ended December 27, 2016, included in the Company’s annual report on Form 10-K. The Company uses a 52 or 53-week fiscal year ending on the last Tuesday of the calendar year. In a 52-week fiscal year, each quarter includes 13 weeks of operations. In a 53-week fiscal year, the first, second and third quarters each include 13 weeks of operations and the fourth quarter includes 14 weeks of operations. Fiscal year 2016, which ended on December 27, 2016, was a 52-week fiscal year. Fiscal year 2017, which will end on December 26, 2017, is also a 52-week fiscal year.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 27, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2—Summary of Significant Accounting Policies Use of Estimates —The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Actual results could differ from those estimates. Concentration of Credit Risk —Financial instruments, which potentially subject the Company to concentrations of credit risk, consist primarily of cash and cash equivalents. At June 27, 2017 and December 27, 2016, the Company maintained approximately $13 million and $12 million, respectively, of its day-to-day operating cash balances with a major financial institution, of which $0.1 million and $0.2 million, respectively, represents restricted cash in an impound account for franchisees in the state of Washington. The remaining $32 million at both June 27, 2017 and December 27, 2016, respectively, was invested with a major financial institution and consisted entirely of U.S. Treasury instruments with a maturity of three months or less at the date of purchase. At June 27, 2017 and December 27, 2016 and at various times during the periods then ended, cash and cash equivalents balances were in excess of Federal Depository Insurance Corporation insured limits. While the Company monitors the cash balances in its operating accounts on a daily basis and adjusts the cash balances as appropriate, these cash balances could be impacted if the underlying financial institutions fail or are subject to other adverse conditions in the financial markets. To date, the Company has experienced no loss or lack of access to cash in its operating accounts. Fair Value Measurements —The carrying amounts of cash and cash equivalents, accounts receivable, accounts payable and all other current liabilities approximate fair values due to the short maturities of these instruments. Income Taxes —The Company records a tax provision for the anticipated tax consequences of the reported results of operations. The provision for income taxes is computed using the asset and liability method, under which deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax basis of assets and liabilities, and for operating losses and tax credit carryforwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates that apply to taxable income in effect for the years in which those tax assets are expected to be realized or settled. The Company may record a valuation allowance, if conditions are applicable, to reduce deferred tax assets to the amount that is believed more likely than not to be realized. Non-controlling Interests —The non-controlling interests on the condensed consolidated statements of income represents the portion of earnings or loss before income taxes attributable to the economic interest in the Company’s subsidiary, The Habit Restaurants, LLC, held by the Continuing LLC Owners. Non-controlling interests on the condensed consolidated balance sheet represents the portion of net assets of the Company attributable to the non-controlling Continuing LLC Owners, based on the portion of the LLC Units owned by such unit holders. As of June 27, 2017 the non-controlling interest was 22.1%. Earnings per Share —Basic earnings per share (“basic EPS”) is computed by dividing net income attributable to The Habit Restaurants, Inc. by the weighted average number of shares outstanding for the reporting period. Diluted earnings per share (“diluted EPS”) gives effect during the reporting period to all dilutive potential shares outstanding resulting from employee stock-based awards. The following table sets forth the calculation of basic and diluted earnings per share for the 13 and 26 weeks ended June 27, 2017 and June 28, 2016, respectively: 13 Weeks Ended 26 Weeks Ended June 27, June 28, June 27, June 28, (amounts in thousands, except share and per share data) 2017 2016 2017 2016 Numerator: Net income attributable to controlling and non-controlling interests $ 1,713 $ 2,496 $ 4,461 $ 5,890 Less: net income attributable to non-controlling interests $ (601 ) $ (1,305 ) $ (1,506 ) $ (3,319 ) Net income attributable to The Habit Restaurants, Inc. $ 1,112 $ 1,191 $ 2,955 $ 2,571 Denominator: Weighted average shares of Class A common stock outstanding Basic 20,259,140 16,657,886 20,223,913 15,353,798 Diluted 20,325,493 16,658,172 20,269,425 15,356,621 Net income attributable to The Habit Restaurants, Inc. per share Class A common stock Basic $ 0.05 $ 0.07 $ 0.15 $ 0.17 Diluted $ 0.05 $ 0.07 $ 0.15 $ 0.17 Below is a reconciliation of basic and diluted share counts Basic 20,259,140 16,657,886 20,223,913 15,353,798 Dilutive effect of stock options and restricted stock units 66,353 286 45,512 2,823 Diluted 20,325,493 16,658,172 20,269,425 15,356,621 Diluted earnings per share of Class A common stock is computed similarly to basic earnings per share except the weighted average shares outstanding are increased to include additional shares from the assumed exercise of any common stock equivalents using the treasury method, if dilutive. The Company’s Class B common stock represent voting interests and do not participate in the earnings of the Company. Accordingly, there is no earnings per share related to the Company’s Class B common stock. The Company’s LLC Units are considered common stock equivalents for this purpose. The number of additional shares of Class A common stock related to these common stock equivalents is calculated using the if-converted method. The potential impact of the exchange of the 5,743,811 LLC Units on the diluted EPS had no impact and were therefore excluded from the calculation. As of June 27, 2017, there were 2,525,275 options authorized under our 2014 Omnibus Incentive Plan of which 1,269,013 and 640,111 had been granted as of June 27, 2017 and June 28, 2016, respectively. The number of dilutive shares of Class A common stock related to these options was calculated using the treasury stock method and 33,786 and 4,024 shares and 29,414 and 2,738 shares have been excluded from the diluted EPS for the 13 and 26 weeks ended June 27, 2017 and June 28, 2016, respectively, because they were anti-dilutive. Recent Accounting Pronouncements — In May 2017, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2017-09, Compensation-Stock Compensation (Topic 718) – Scope of Modification Accounting. This update applies to entities that change the terms or conditions of a share-based payment award. This update will provide clarity and reduce (i) the diversity in practice and (ii) cost and complexity when applying the guidance in Topic 718, Compensation-Stock Compensation, to a change to the terms or conditions of a share-based payment award. This update is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017 with early adoption permitted. This guidance should be applied prospectively to an award modified on or after that adoption date. The Company is currently evaluating the impact the provision of this guidance will have on its consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02 “Leases," which supersedes ASC 840 “Leases” and creates a new topic, ASC 842 "Leases." This update requires lessees to recognize a lease liability and a lease asset for all leases, including operating leases, with a term greater than 12 months on its balance sheet. The update also expands the required quantitative and qualitative disclosures surrounding leases. This update is effective for fiscal years beginning after December 15, 2018 and interim periods within those fiscal years, with early adoption permitted. This update will be applied using a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. The Company anticipates taking advantage of the practical expedient options. The Company’s operating lease obligations as of June 27, 2017 were approximately $220.8 million. The discounted minimum remaining operating lease obligations will be the starting point for determining the right-of-use asset and lease liability. The Company expects that adoption of the new guidance will have a material impact on its consolidated balance sheets due to recognition of the right-of-use asset and lease liability related to current operating leases. The Company is using their current lease software to continue the process of validating occupancy information in preparation for retrospective reporting, disclosure and audit for this standard update on its consolidated financial statements. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers. This ASU is a comprehensive new revenue recognition model that requires a company to recognize revenue to depict the transfer of goods or services to a customer at an amount that reflects the consideration it expects to receive in exchange for those goods or services. This update is effective for annual reporting periods beginning after December 15, 2017, with early adoption permitted. Accordingly, the Company will adopt this ASU on December 27, 2017. Companies may use either a full retrospective or a modified retrospective approach to adopt this ASU. The Company does not believe the standard will impact recognition of revenue from company-operated restaurants or royalty revenue from franchisees and licensees, but will have an impact on the recognition of initial franchise and license fees. The Company has evaluated this standard and has concluded the adoption of this standard on recognition of revenue from franchise and license agreements will not have a significant impact on its consolidated financial statements and has decided to use the full retrospective method upon adoption. Recently Adopted Accounting Pronouncements — In January 2017, the FASB issued ASU 2017-04, Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. To simplify the subsequent measurement of goodwill, the amendments eliminate Step 2 from the goodwill impairment test. Under the new guidance, the recognition of an impairment charge is calculated based on the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. The guidance should be applied on a prospective basis, and is effective for annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company adopted this standard in the first quarter of fiscal year 2017 and there was no impact on its consolidated financial statements. In August 2016, the FASB issued ASU 2016-15, Classification of Certain Cash Receipts and Cash Payments (Topic 230). This update provides clarification regarding how certain cash receipts and cash payments are presented and classified in the statement of cash flows. This update addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice. This update is effective for annual and interim periods for fiscal years beginning after December 15, 2017. Early adoption is permitted. The update will be applied on a retrospective basis. The Company adopted this standard in the first quarter of fiscal year 2017 and there was no classification impact on its consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-09 Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting. The amendments in this update simplify several aspects of the accounting for employee share-based payment transactions, including the accounting for income taxes, forfeitures and statutory tax withholding requirements, as well as classification in the statement of cash flows. This update is effective for fiscal years beginning after December 15, 2016. The Company adopted this guidance in the first quarter of fiscal year 2017 and it did not have a material effect on the Company’s consolidated financial statements.

Non-controlling Interests

Non-controlling Interests	6 Months Ended
	Jun. 27, 2017
Noncontrolling Interest [Abstract]
Non-controlling Interests	Note 3—Non-controlling Interests Pursuant to the LLC Agreement, the Continuing LLC Owners have the right to exchange their LLC Units, together with a corresponding number of shares of Class B common stock (which will be cancelled in connection with any such exchange) for, generally, at the option of the Company (such determination to be made by the disinterested members of our board of directors), (i) shares of our Class A common stock on a one-for-one basis, subject to customary conversion rate adjustments for stock splits, stock dividends and reclassifications or (ii) cash consideration. At any time that an effective registration statement is on file with the SEC with respect to the shares of Class A Common Stock to be issued upon an exchange, The Habit Restaurants, Inc. may not provide cash consideration upon an exchange to a Continuing LLC Owner without the Continuing LLC Owner’s prior consent. The Company amended its LLC Agreement in May 2016, pursuant to which the Company processes exchange requests every other week, rather than weekly, effective in June 2016. The Company further amended its LLC Agreement in March 2017, pursuant to which the Company processes exchange requests monthly, effective in May 2017. The non-controlling interests represents the portion of earnings or loss attributable to the economic interest held by the non-controlling Continuing LLC Owners. The non-controlling interests upon the completion of the IPO was 65.5%. Upon completion of the follow-on offering in April 2015, the non-controlling interests portion was 47.1%. The non-controlling interests portion changes as Continuing LLC Owners exchange their LLC Units, together with a corresponding number of shares of Class B common stock, for Class A common stock and the non-controlling interests on the condensed consolidated balance sheet were adjusted to reflect the non-controlling interests portion as of June 27, 2017, which was 22.1%. Net income attributable to non-controlling interests is calculated based on the non-controlling interests ownership percentage in effect at that time. The table below represents the weighted average non-controlling interests for the periods presented (dollar amounts in thousands): 13 Weeks Ended 26 Weeks Ended June 27, June 28, June 27, June 28, 2017 2016 2017 2016 Income before income taxes $ 2,716 $ 3,660 $ 6,764 $ 8,059 Weighted average non-controlling interests ownership percentage 22.1 % 35.7 % 22.3 % 41.2 % Net income attributable to non-controlling interests $ 601 $ 1,305 $ 1,506 $ 3,319

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 27, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 4—Fair Value Measurements Fair value measurements enable the reader of the financial statements to assess the inputs used to develop those measurements by establishing a hierarchy for ranking the quality and reliability of the information used to determine fair values. The Company classifies and discloses assets and liabilities carried at fair value in one of the following three categories: Level 1: Quoted market prices in active markets for identical assets or liabilities. Level 2: Observable market-based inputs or unobservable inputs that are corroborated by market data. Level 3: Unobservable inputs that are not corroborated by market data. The fair values of the Company’s investments in marketable securities are based on quoted prices in active markets for identical assets. The fair value of the investments in marketable securities was approximately $32 million at both June 27, 2017 and December 27, 2016, and the Company classified such investments as Level 1. These investments consist entirely of U.S. Treasury instruments with a maturity of three months or less at the date of purchase and the interest income received from these instruments is included in interest expense, net in the condensed consolidated statements of income. These amounts are included in cash and cash equivalents in the accompanying condensed consolidated balance sheets.

Property and Equipment, net

Property and Equipment, net	6 Months Ended
	Jun. 27, 2017
Property Plant And Equipment [Abstract]
Property and Equipment, net	Note 5—Property and Equipment, net Property and equipment consists of the following (amounts in thousands): June 27, December 27, 2017 2016 Leasehold improvements $ 80,837 $ 73,112 Equipment 43,488 39,132 Furniture and fixtures 22,545 21,056 Buildings under deemed landlord financing 10,852 6,221 Smallwares 1,660 1,483 Vehicles 1,927 1,669 Construction in progress 14,230 8,863 175,539 151,536 Less: Accumulated depreciation and amortization (57,311 ) (48,679 ) $ 118,228 $ 102,857 Depreciation expense was approximately $4,467,000 and $3,579,000 and $8,716,000 and $6,991,000 for the 13 and 26 weeks ended June 27, 2017 and June 28, 2016, respectively. As a result of the application of build-to-suit lease guidance contained in ASC 840-40-55, the Company has determined that it was the accounting owner of a total of 21 buildings under deemed landlord financing as of June 27, 2017 and the accounting owner of a total of 14 buildings under deemed landlord financing as of December 27, 2016, and they are included in the Company’s property and equipment, respectively. Included in the buildings under deemed landlord financing is the estimated construction costs of the landlord for the shell building.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 27, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Note 6—Income Taxes The Habit Restaurants, Inc. is subject to U.S. federal and state income taxation on its allocable portion of the income of The Habit Restaurants, LLC. The “Provision for income taxes” in the accompanying condensed consolidated statements of income for the 26 weeks ended June 27, 2017 and June 28, 2016 is based on an estimate of the Company’s annualized effective income tax rate. The Habit Restaurants, LLC operates as a limited liability company which is not itself subject to federal income tax. Accordingly, the portion of the Company’s subsidiary earnings attributable to the non-controlling interests are subject to tax when reported as a component of the non-controlling interests’ taxable income. As a result of the recapitalization and the IPO that occurred in fiscal year 2014, the portion of The Habit Restaurants, LLC’s income attributable to The Habit Restaurants Inc. is now subject to U.S. federal, state and local income taxes and is taxed at the prevailing corporate tax rates. The income tax provision reflects a tax rate of 34.05% and 26.56% for the 26 weeks ended June 27, 2017 and June 28, 2016, respectively. The effective tax rate varies significantly from the federal statutory rate due to the income attributable to the non-controlling interests which is not taxed at the entity level. The income tax provision would reflect an effective tax rate of 41.05% and 41.83% for the 26 week periods ended June 27, 2017 and June 28, 2016, respectively, if all of the income was taxed at Habit Restaurants, Inc. and the impact of discrete items and the non-controlling interests was disregarded. Tax Receivable Agreement In connection with the IPO that occurred in fiscal year 2014, the Company entered into a TRA. Under the TRA, the Company generally will be required to pay to the Continuing LLC Owners 85% of the amount of cash savings, if any, in U.S. federal, state or local tax that the Company actually realizes directly or indirectly (or are deemed to realize in certain circumstances) as a result of (i) certain tax attributes created as a result of the IPO and any sales or exchanges (as determined for U.S. federal income tax purposes) to or with the Company of their interests in The Habit Restaurants, LLC for shares of our Class A common stock or cash, including any basis adjustment relating to the assets of The Habit Restaurants, LLC and (ii) tax benefits attributable to payments made under the TRA (including imputed interest). The Habit Restaurants, Inc. generally will retain 15% of the applicable tax savings. The amount payable to the Continuing LLC Owners under the TRA is disclosed in the accompanying condensed consolidated balance sheets. In addition, the TRA provides for interest, at a rate equal to one year LIBOR, accrued from the due date (without extensions) of the corresponding tax return to the date of payment specified by the TRA. To the extent that the Company is unable to timely make payments under the TRA for any reason, such payments will be deferred and will accrue interest at a rate equal to one year LIBOR plus 200 basis points until paid (although a rate equal to one year LIBOR will apply if the inability to make payments under the TRA is due to limitations imposed on the Company or any of our subsidiaries by a debt agreement in effect on the date of the IPO). The Company’s ability to make payments under the TRA and to pay its tax liabilities to taxing authorities generally will depend on our receipt of cash distributions from The Habit Restaurants, LLC. Pursuant to the LLC Agreement, the Continuing LLC Owners have the right to exchange their LLC Units, together with a corresponding number of shares of Class B common stock (which will be cancelled in connection with any such exchange) for, generally, at the option of The Habit Restaurants, Inc. (such determination to be made by the disinterested members of our board of directors), (i) shares of our Class A common stock on a one-for-one basis, subject to customary conversion rate adjustments for stock splits, stock dividends and reclassifications or (ii) cash consideration (generally calculated based on the volume-weighted average price of the Class A common stock of The Habit Restaurants, Inc., as displayed under the heading Bloomberg VWAP on the Bloomberg page designated for the Class A common stock of The Habit Restaurants, Inc. for the 15 trading days immediately prior to the delivery date of a notice of exchange). At any time that an effective registration statement is on file with the SEC with respect to the shares of Class A common stock to be issued upon an exchange, The Habit Restaurants, Inc. may not provide cash consideration upon an exchange to a Continuing LLC Owner without the Continuing LLC Owner’s prior consent. These exchanges are expected to result in increases in the tax basis of the assets of The Habit Restaurants, LLC that otherwise would not have been available. Increases in tax basis resulting from such exchanges may reduce the amount of tax that The Habit Restaurants, Inc. would otherwise be required to pay in the future. This tax basis may also decrease gains (or increase losses) on future dispositions of certain assets to the extent tax basis is allocated to those assets. If the IRS or a state or local taxing authority challenges the tax basis adjustments that give rise to payments under the TRA and the tax basis adjustments are subsequently disallowed, the recipients of payments under the agreement will not reimburse any payments the Company previously made to them. Any such disallowance would be taken into account in determining future payments under the TRA and would, therefore, reduce the amount of any such future payments. Nevertheless, if the claimed tax benefits from the tax basis adjustments are disallowed, the Company’s payments under the TRA could exceed its actual tax savings, and the Company may not be able to recoup payments under the TRA that were calculated on the assumption that the disallowed tax savings were available. The TRA provides that (i) in the event that the Company materially breaches the TRA, (ii) if, at any time, the Company elects an early termination of the TRA, or (iii) upon certain mergers, asset sales, other forms of business combinations or other changes of control, the Company’s (or our successor’s) obligations under the TRA (with respect to all LLC Units, whether or not LLC Units have been exchanged or acquired before or after such transaction) would accelerate and become payable in a lump sum amount equal to the present value of the anticipated future tax benefits calculated based on certain assumptions, including that the Company would have sufficient taxable income to fully utilize the deductions arising from the tax deductions, tax basis and other tax attributes subject to the TRA. The Company’s payment obligations under the TRA with respect to interests in The Habit Restaurants, LLC treated as sold for U.S. federal income tax purposes to the Company in connection with the IPO are calculated based on the IPO price of our Class A common stock net of underwriting discounts. As a result of the foregoing, (i) the Company could be required to make payments under the TRA that are greater than or less than the specified percentage of the actual tax savings the Company realizes in respect of the tax attributes subject to the agreements and (ii) the Company may be required to make an immediate lump sum payment equal to the present value of the anticipated future tax savings, which payment may be made years in advance of the actual realization of such future benefits, if any of such benefits are ever realized. In these situations, the Company’s obligations under the TRA could have a substantial negative impact on its liquidity and could have the effect of delaying, deferring or preventing certain mergers, asset sales, other forms of business combinations or other changes of control. There can be no assurance that the Company will be able to finance its obligations under the TRA in a manner that does not adversely affect its working capital and growth requirements. Payments under the TRA are intended to be treated as additional consideration for the applicable interests in The Habit Restaurants, LLC treated as sold or exchanged (as determined for U.S. federal income tax purposes) to or with the Company, except with respect to certain actual or imputed interest amounts payable under the TRA. As of June 27, 2017, the Company recorded a liability of $140.2 million, representing the payments due to the Continuing LLC Owners under the TRA. The increase in the TRA liability during the 26 weeks ended June 27, 2017 is a result of the exchanges of LLC Units for shares of Class A common stock by the Continuing LLC Owners during the period. Payments are due under the TRA for a given year if the Company has a net realized tax benefit. The realized tax benefit is intended to measure the decrease or increase in the actual tax liability of the Company attributable to the tax benefits defined in the TRA (i.e., basis adjustments and imputed interest), using a “with and without” methodology. Payments are anticipated to be made under the TRA for approximately 20-25 years, with a payment due after the filing of the Company’s federal income tax return, which is due on or about October 15 th Obligations pursuant to the TRA are obligations of the Company. They do not impact the non-controlling interest. These obligations are not income tax obligations and have no impact on the tax provision or the allocation of taxes.

Long-Term Debt

Long-Term Debt	6 Months Ended
	Jun. 27, 2017
Debt Disclosure [Abstract]
Long-Term Debt	Note 7—Long-Term Debt On July 23, 2014, the Company refinanced its long-term debt with California Bank & Trust into a $35 million credit facility (the “Credit Facility”) that matured on July 23, 2017. All borrowings under the Credit Facility bore interest at a variable rate based upon the Company’s election, of (i) the base rate plus, or (ii) LIBOR, plus, in either case, an applicable margin based on certain financial results of the Company (as defined in the Credit Facility agreement). The Credit Facility also required payment for commitment fees that accrued on the daily unused commitment of the lender at 0.25% per annum, payable quarterly. This Credit Facility was paid down in November 2014 with a portion of the net proceeds from the IPO. As of June 27, 2017 and December 27, 2016, there were no borrowings outstanding against the Credit Facility, respectively. The Credit Facility was secured by all the assets of the Company and the Company was required to comply with certain financial covenants therein. The Credit Facility contained customary representations, warranties, negative and affirmative covenants, including a funded debt to EBITDA ratio of 2.00 to 1.00, a fixed charge coverage ratio of 1.25 to 1.00 and a requirement that EBITDA must be greater than zero for 75% or more of all restaurants open at least six months. As of June 27, 2017, the Company was in compliance with all covenants.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 27, 2017
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 8—Commitments and Contingencies Future commitments —The Company’s growth strategy includes new restaurant openings during fiscal year 2017 and beyond. In connection with the build out of the restaurants, the Company may be obligated for a portion of the start-up and/or construction costs. As of June 27, 2017, the Company had approximately $10.8 million in such commitments related to new restaurants. Litigation —The Company is involved in various claims and legal actions that arise in the ordinary course of business. Management does not believe that the ultimate resolution of these actions will have a material adverse effect on the Company’s consolidated financial position, results of operations, liquidity and capital resources. A significant increase in the number of litigated claims or an increase in amounts owing under successfully litigated claims could materially adversely affect the Company’s business, financial condition, results of operations, and cash flows.

Management Incentive Plans

Management Incentive Plans	6 Months Ended
	Jun. 27, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Management Incentive Plans	Note 9—Management Incentive Plans Stock-based compensation is included in general and administrative expenses on the accompanying condensed consolidated statements of income. The stock-based compensation expense related to the 2014 Omnibus Incentive Plan and to units issued under The Habit Restaurants, LLC Management Incentive Plan is summarized in the table below for the periods indicated: (in thousands) 13 Weeks Ended 26 Weeks Ended June 27, June 28, June 27, June 28, 2017 2016 2017 2016 Stock-based compensation expense $ 673 $ 521 $ 1,171 $ 867 Total $ 673 $ 521 $ 1,171 $ 867 2014 Omnibus Incentive Plan Prior to the completion of the Company’s IPO, the board of directors adopted The Habit Restaurants, Inc. 2014 Omnibus Incentive Plan (the “2014 Omnibus Incentive Plan”) and, subsequent to the IPO, all equity-based awards have been granted under the 2014 Omnibus Incentive Plan. The 2014 Omnibus Incentive Plan also permits grants of cash bonuses beginning in fiscal year 2015. This plan authorizes 2,525,275 total options and restricted stock units. No awards may be granted under the plan after November 19, 2024. The purpose of the 2014 Omnibus Incentive Plan is to advance the Company’s interests by providing for the grant to eligible individuals of equity-based and other incentive awards. The 2014 Omnibus Incentive Plan is administered by our board of directors or a committee of our board of directors (the “Administrator”). The Administrator has the authority to, among other things, interpret the 2014 Omnibus Incentive Plan, determine eligibility for, grant and determine the terms of awards under the 2014 Omnibus Incentive Plan, and to do all things necessary to carry out the purposes of the 2014 Omnibus Incentive Plan. The Administrator’s determinations under the 2014 Omnibus Incentive Plan are conclusive and binding. The Administrator will determine the time or times at which an award will vest or become exercisable. The maximum term of an award will not exceed ten years from the date of grant. Non-Qualified Stock Options: The following table sets forth information about the fair value of the non-qualified stock option grants on the date of grant using the Black-Scholes option-pricing model and the weighted average assumptions used for such a grant for the 26 weeks ended June 27, 2017: Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value Outstanding and expected to vest at December 27, 2016 491,440 $ 22.69 9.1 $ — Granted 465,491 $ 16.27 Forfeited (15,263 ) $ 20.99 Exercised — $ — Outstanding and expected to vest at June 27, 2017 941,668 $ 19.54 9.1 $ — Exercisable at June 27, 2017 125,954 $ 24.55 8.2 $ — The aggregate intrinsic value in the table above is obtained by subtracting the weighted average exercise price from the fair value of the underlying common stock as of June 27, 2017 and multiplying this result by the related number of options outstanding and expected to vest at June 27, 2017. The fair value of the common stock as of June 27, 2017 used in the above calculation was $15.85 per share, the closing price of the Company’s Class A common stock on June 27, 2017, the last trading day of the second quarter. There was approximately $4.0 million of total unrecognized compensation costs related to options granted under the Plan as of June 27, 2017. That cost is expected to be recognized over a weighted average period of 3.9 years. Restricted Stock Units: A summary of stock-based compensation activity related to restricted stock units for the 26 weeks ended June 27, 2017 are as follows: Units Weighted Average Fair Value Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value Outstanding and expected to vest at December 27, 2016 145,047 $ 22.38 9.0 $ 2,589,089 Granted 133,411 $ 15.94 Forfeited (5,107 ) $ 19.21 Vested (27,349 ) $ 23.23 Outstanding and expected to vest at June 27, 2017 246,002 $ 18.86 9.2 $ 3,899,132 The aggregate intrinsic value in the table above is obtained by multiplying the related number of units outstanding and expected to vest at June 27, 2017 by the fair value of the common stock as of June 27, 2017. The fair value of the common stock as of June 27, 2017 used in the above calculation was $15.85 per share, the closing price of the Company’s common stock on June 27, 2017, the last trading day of the second quarter. The fair value of the restricted stock units is the quoted market value of our common stock on the date of grant. As of June 27, 2017, total unrecognized stock-based compensation expense related to non-vested restricted stock units was approximately $4.1 million. That cost is expected to be recognized over a weighted average period of 4.0 years. The Habit Restaurants, LLC Management Incentive Plan In connection with the IPO, the Company converted all of the outstanding vested and unvested Class C units into an equivalent amount of vested and unvested LLC Units of The Habit Restaurants, LLC, respectively. As of June 27, 2017 there was approximately $1.3 million of total unrecognized stock-based compensation expense related to these units. That cost is expected to be recognized over a weighted average period of 1.5 years.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 27, 2017
Subsequent Events [Abstract]
Subsequent Events	Note 10—Subsequent Events On August 2, 2017, The Habit Restaurants, LLC executed a new $20 million credit facility with Bank of the West (the “New Credit Facility”) that matures on August 2, 2019. All borrowings under the New Credit Facility will bear interest at a variable rate based upon LIBOR plus the applicable margin for LIBOR loans (as defined in the New Credit Facility agreement). The New Credit Facility has no unused commitment fees. The New Credit Facility is secured by all the assets of The Habit Restaurants, LLC, and the Company is required to comply with certain financial covenants therein. The New Credit Facility contains customary representations, warranties, negative and affirmative covenants, including a maximum lease adjusted leverage ratio of 4.00 to 1.00 and a minimum EBITDA of $21.4 million for the twelve month period then ended at the end of each fiscal quarter.

Summary of Significant Accoun17

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 27, 2017
Accounting Policies [Abstract]
Use of Estimates	Use of Estimates —The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Actual results could differ from those estimates.
Concentration of Credit Risk	Concentration of Credit Risk —Financial instruments, which potentially subject the Company to concentrations of credit risk, consist primarily of cash and cash equivalents. At June 27, 2017 and December 27, 2016, the Company maintained approximately $13 million and $12 million, respectively, of its day-to-day operating cash balances with a major financial institution, of which $0.1 million and $0.2 million, respectively, represents restricted cash in an impound account for franchisees in the state of Washington. The remaining $32 million at both June 27, 2017 and December 27, 2016, respectively, was invested with a major financial institution and consisted entirely of U.S. Treasury instruments with a maturity of three months or less at the date of purchase. At June 27, 2017 and December 27, 2016 and at various times during the periods then ended, cash and cash equivalents balances were in excess of Federal Depository Insurance Corporation insured limits. While the Company monitors the cash balances in its operating accounts on a daily basis and adjusts the cash balances as appropriate, these cash balances could be impacted if the underlying financial institutions fail or are subject to other adverse conditions in the financial markets. To date, the Company has experienced no loss or lack of access to cash in its operating accounts.
Fair Value Measurements	Fair Value Measurements —The carrying amounts of cash and cash equivalents, accounts receivable, accounts payable and all other current liabilities approximate fair values due to the short maturities of these instruments.
Income Taxes	Income Taxes —The Company records a tax provision for the anticipated tax consequences of the reported results of operations. The provision for income taxes is computed using the asset and liability method, under which deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax basis of assets and liabilities, and for operating losses and tax credit carryforwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates that apply to taxable income in effect for the years in which those tax assets are expected to be realized or settled. The Company may record a valuation allowance, if conditions are applicable, to reduce deferred tax assets to the amount that is believed more likely than not to be realized.
Non-controlling Interests	Non-controlling Interests —The non-controlling interests on the condensed consolidated statements of income represents the portion of earnings or loss before income taxes attributable to the economic interest in the Company’s subsidiary, The Habit Restaurants, LLC, held by the Continuing LLC Owners. Non-controlling interests on the condensed consolidated balance sheet represents the portion of net assets of the Company attributable to the non-controlling Continuing LLC Owners, based on the portion of the LLC Units owned by such unit holders. As of June 27, 2017 the non-controlling interest was 22.1%.
Earnings per Share	Earnings per Share —Basic earnings per share (“basic EPS”) is computed by dividing net income attributable to The Habit Restaurants, Inc. by the weighted average number of shares outstanding for the reporting period. Diluted earnings per share (“diluted EPS”) gives effect during the reporting period to all dilutive potential shares outstanding resulting from employee stock-based awards. The following table sets forth the calculation of basic and diluted earnings per share for the 13 and 26 weeks ended June 27, 2017 and June 28, 2016, respectively: 13 Weeks Ended 26 Weeks Ended June 27, June 28, June 27, June 28, (amounts in thousands, except share and per share data) 2017 2016 2017 2016 Numerator: Net income attributable to controlling and non-controlling interests $ 1,713 $ 2,496 $ 4,461 $ 5,890 Less: net income attributable to non-controlling interests $ (601 ) $ (1,305 ) $ (1,506 ) $ (3,319 ) Net income attributable to The Habit Restaurants, Inc. $ 1,112 $ 1,191 $ 2,955 $ 2,571 Denominator: Weighted average shares of Class A common stock outstanding Basic 20,259,140 16,657,886 20,223,913 15,353,798 Diluted 20,325,493 16,658,172 20,269,425 15,356,621 Net income attributable to The Habit Restaurants, Inc. per share Class A common stock Basic $ 0.05 $ 0.07 $ 0.15 $ 0.17 Diluted $ 0.05 $ 0.07 $ 0.15 $ 0.17 Below is a reconciliation of basic and diluted share counts Basic 20,259,140 16,657,886 20,223,913 15,353,798 Dilutive effect of stock options and restricted stock units 66,353 286 45,512 2,823 Diluted 20,325,493 16,658,172 20,269,425 15,356,621 Diluted earnings per share of Class A common stock is computed similarly to basic earnings per share except the weighted average shares outstanding are increased to include additional shares from the assumed exercise of any common stock equivalents using the treasury method, if dilutive. The Company’s Class B common stock represent voting interests and do not participate in the earnings of the Company. Accordingly, there is no earnings per share related to the Company’s Class B common stock. The Company’s LLC Units are considered common stock equivalents for this purpose. The number of additional shares of Class A common stock related to these common stock equivalents is calculated using the if-converted method. The potential impact of the exchange of the 5,743,811 LLC Units on the diluted EPS had no impact and were therefore excluded from the calculation. As of June 27, 2017, there were 2,525,275 options authorized under our 2014 Omnibus Incentive Plan of which 1,269,013 and 640,111 had been granted as of June 27, 2017 and June 28, 2016, respectively. The number of dilutive shares of Class A common stock related to these options was calculated using the treasury stock method and 33,786 and 4,024 shares and 29,414 and 2,738 shares have been excluded from the diluted EPS for the 13 and 26 weeks ended June 27, 2017 and June 28, 2016, respectively, because they were anti-dilutive.
Recent Accounting Pronouncements	Recent Accounting Pronouncements — In May 2017, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2017-09, Compensation-Stock Compensation (Topic 718) – Scope of Modification Accounting. This update applies to entities that change the terms or conditions of a share-based payment award. This update will provide clarity and reduce (i) the diversity in practice and (ii) cost and complexity when applying the guidance in Topic 718, Compensation-Stock Compensation, to a change to the terms or conditions of a share-based payment award. This update is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017 with early adoption permitted. This guidance should be applied prospectively to an award modified on or after that adoption date. The Company is currently evaluating the impact the provision of this guidance will have on its consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02 “Leases," which supersedes ASC 840 “Leases” and creates a new topic, ASC 842 "Leases." This update requires lessees to recognize a lease liability and a lease asset for all leases, including operating leases, with a term greater than 12 months on its balance sheet. The update also expands the required quantitative and qualitative disclosures surrounding leases. This update is effective for fiscal years beginning after December 15, 2018 and interim periods within those fiscal years, with early adoption permitted. This update will be applied using a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. The Company anticipates taking advantage of the practical expedient options. The Company’s operating lease obligations as of June 27, 2017 were approximately $220.8 million. The discounted minimum remaining operating lease obligations will be the starting point for determining the right-of-use asset and lease liability. The Company expects that adoption of the new guidance will have a material impact on its consolidated balance sheets due to recognition of the right-of-use asset and lease liability related to current operating leases. The Company is using their current lease software to continue the process of validating occupancy information in preparation for retrospective reporting, disclosure and audit for this standard update on its consolidated financial statements. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers. This ASU is a comprehensive new revenue recognition model that requires a company to recognize revenue to depict the transfer of goods or services to a customer at an amount that reflects the consideration it expects to receive in exchange for those goods or services. This update is effective for annual reporting periods beginning after December 15, 2017, with early adoption permitted. Accordingly, the Company will adopt this ASU on December 27, 2017. Companies may use either a full retrospective or a modified retrospective approach to adopt this ASU. The Company does not believe the standard will impact recognition of revenue from company-operated restaurants or royalty revenue from franchisees and licensees, but will have an impact on the recognition of initial franchise and license fees. The Company has evaluated this standard and has concluded the adoption of this standard on recognition of revenue from franchise and license agreements will not have a significant impact on its consolidated financial statements and has decided to use the full retrospective method upon adoption.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements — In January 2017, the FASB issued ASU 2017-04, Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. To simplify the subsequent measurement of goodwill, the amendments eliminate Step 2 from the goodwill impairment test. Under the new guidance, the recognition of an impairment charge is calculated based on the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. The guidance should be applied on a prospective basis, and is effective for annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company adopted this standard in the first quarter of fiscal year 2017 and there was no impact on its consolidated financial statements. In August 2016, the FASB issued ASU 2016-15, Classification of Certain Cash Receipts and Cash Payments (Topic 230). This update provides clarification regarding how certain cash receipts and cash payments are presented and classified in the statement of cash flows. This update addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice. This update is effective for annual and interim periods for fiscal years beginning after December 15, 2017. Early adoption is permitted. The update will be applied on a retrospective basis. The Company adopted this standard in the first quarter of fiscal year 2017 and there was no classification impact on its consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-09 Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting. The amendments in this update simplify several aspects of the accounting for employee share-based payment transactions, including the accounting for income taxes, forfeitures and statutory tax withholding requirements, as well as classification in the statement of cash flows. This update is effective for fiscal years beginning after December 15, 2016. The Company adopted this guidance in the first quarter of fiscal year 2017 and it did not have a material effect on the Company’s consolidated financial statements.

Summary of Significant Accoun18

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 27, 2017
Accounting Policies [Abstract]
Schedule of Calculation of Basic and Diluted Earnings Per Share	The following table sets forth the calculation of basic and diluted earnings per share for the 13 and 26 weeks ended June 27, 2017 and June 28, 2016, respectively: 13 Weeks Ended 26 Weeks Ended June 27, June 28, June 27, June 28, (amounts in thousands, except share and per share data) 2017 2016 2017 2016 Numerator: Net income attributable to controlling and non-controlling interests $ 1,713 $ 2,496 $ 4,461 $ 5,890 Less: net income attributable to non-controlling interests $ (601 ) $ (1,305 ) $ (1,506 ) $ (3,319 ) Net income attributable to The Habit Restaurants, Inc. $ 1,112 $ 1,191 $ 2,955 $ 2,571 Denominator: Weighted average shares of Class A common stock outstanding Basic 20,259,140 16,657,886 20,223,913 15,353,798 Diluted 20,325,493 16,658,172 20,269,425 15,356,621 Net income attributable to The Habit Restaurants, Inc. per share Class A common stock Basic $ 0.05 $ 0.07 $ 0.15 $ 0.17 Diluted $ 0.05 $ 0.07 $ 0.15 $ 0.17 Below is a reconciliation of basic and diluted share counts Basic 20,259,140 16,657,886 20,223,913 15,353,798 Dilutive effect of stock options and restricted stock units 66,353 286 45,512 2,823 Diluted 20,325,493 16,658,172 20,269,425 15,356,621

Non-controlling Interests (Tabl

Non-controlling Interests (Tables)	6 Months Ended
	Jun. 27, 2017
Noncontrolling Interest [Abstract]
Summary of Net Income Attributable to Non-Controlling Interests	The non-controlling interests upon the completion of the IPO was 65.5%. Upon completion of the follow-on offering in April 2015, the non-controlling interests portion was 47.1%. The non-controlling interests portion changes as Continuing LLC Owners exchange their LLC Units, together with a corresponding number of shares of Class B common stock, for Class A common stock and the non-controlling interests on the condensed consolidated balance sheet were adjusted to reflect the non-controlling interests portion as of June 27, 2017, which was 22.1%. Net income attributable to non-controlling interests is calculated based on the non-controlling interests ownership percentage in effect at that time. The table below represents the weighted average non-controlling interests for the periods presented (dollar amounts in thousands): 13 Weeks Ended 26 Weeks Ended June 27, June 28, June 27, June 28, 2017 2016 2017 2016 Income before income taxes $ 2,716 $ 3,660 $ 6,764 $ 8,059 Weighted average non-controlling interests ownership percentage 22.1 % 35.7 % 22.3 % 41.2 % Net income attributable to non-controlling interests $ 601 $ 1,305 $ 1,506 $ 3,319

Property and Equipment, net (Ta

Property and Equipment, net (Tables)	6 Months Ended
	Jun. 27, 2017
Property Plant And Equipment [Abstract]
Schedule of Property and Equipment	Property and equipment consists of the following (amounts in thousands): June 27, December 27, 2017 2016 Leasehold improvements $ 80,837 $ 73,112 Equipment 43,488 39,132 Furniture and fixtures 22,545 21,056 Buildings under deemed landlord financing 10,852 6,221 Smallwares 1,660 1,483 Vehicles 1,927 1,669 Construction in progress 14,230 8,863 175,539 151,536 Less: Accumulated depreciation and amortization (57,311 ) (48,679 ) $ 118,228 $ 102,857

Management Incentive Plans (Tab

Management Incentive Plans (Tables)	6 Months Ended
	Jun. 27, 2017
Schedule of Restricted Stock Units, Activity	A summary of stock-based compensation activity related to restricted stock units for the 26 weeks ended June 27, 2017 are as follows: Units Weighted Average Fair Value Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value Outstanding and expected to vest at December 27, 2016 145,047 $ 22.38 9.0 $ 2,589,089 Granted 133,411 $ 15.94 Forfeited (5,107 ) $ 19.21 Vested (27,349 ) $ 23.23 Outstanding and expected to vest at June 27, 2017 246,002 $ 18.86 9.2 $ 3,899,132
Non-Qualified Stock Options [Member]
Schedule of Non-Qualified Stock Option Grants, Activity	The following table sets forth information about the fair value of the non-qualified stock option grants on the date of grant using the Black-Scholes option-pricing model and the weighted average assumptions used for such a grant for the 26 weeks ended June 27, 2017: Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value Outstanding and expected to vest at December 27, 2016 491,440 $ 22.69 9.1 $ — Granted 465,491 $ 16.27 Forfeited (15,263 ) $ 20.99 Exercised — $ — Outstanding and expected to vest at June 27, 2017 941,668 $ 19.54 9.1 $ — Exercisable at June 27, 2017 125,954 $ 24.55 8.2 $ —
2014 Omnibus Incentive Plan [Member]
Summary of Stock-Based Compensation Expense Related to Incentive Plan	The stock-based compensation expense related to the 2014 Omnibus Incentive Plan and to units issued under The Habit Restaurants, LLC Management Incentive Plan is summarized in the table below for the periods indicated: (in thousands) 13 Weeks Ended 26 Weeks Ended June 27, June 28, June 27, June 28, 2017 2016 2017 2016 Stock-based compensation expense $ 673 $ 521 $ 1,171 $ 867 Total $ 673 $ 521 $ 1,171 $ 867

Nature of Operations and Basi22

Nature of Operations and Basis of Presentation - Additional Information (Detail)	6 Months Ended
	Jun. 27, 2017RestaurantLicenseFranchiseshares
Nature Of Operations And Basis Of Accounting Presentation [Line Items]
Place of formation	Delaware
Date of formation	Jul. 24, 2014
Common units held	5,743,811
Voting rights description	Each share of Class B common stock provides its holder with no economic rights but entitles the holder to one vote on matters presented to The Habit Restaurants, Inc.’s stockholders. Holders of Class A common stock and Class B common stock generally vote together as a single class on all matters presented to our stockholders for their vote or approval, except as otherwise required by applicable law.
Number of fast casual restaurants | Restaurant	175
Number of license agreements | License	3
Number of franchise agreements | Franchise	5
Number of licensed location | License	3
Number of franchise location | Franchise	11
Restricted Stock Units (RSUs) [Member]
Nature Of Operations And Basis Of Accounting Presentation [Line Items]
Units, vested	27,349
Units, forfeited	5,107
Class B Common Stock [Member]
Nature Of Operations And Basis Of Accounting Presentation [Line Items]
Conversion of common stock	71,977
Habit Restaurants, LLC [Member]
Nature Of Operations And Basis Of Accounting Presentation [Line Items]
Common units held	20,278,263
Economic interest	77.90%
Units, forfeited	5,334

Summary of Significant Accoun23

Summary of Significant Accounting Polices - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 27, 2017	Jun. 28, 2016	Jun. 27, 2017	Jun. 28, 2016	Dec. 27, 2016	Apr. 30, 2015	Nov. 25, 2014
Significant Accounting Policies [Line Items]
Cash	$ 13		$ 13		$ 12
Restricted cash	0.1		0.1		0.2
U.S. Treasury instruments	$ 32		$ 32		$ 32
Common units held	5,743,811		5,743,811
Anti-dilutive shares	33,786	4,024	29,414	2,738
ASU No. 2016-02 [Member]
Significant Accounting Policies [Line Items]
Operating lease obligations	$ 220.8		$ 220.8
2014 Omnibus Incentive Plan [Member]
Significant Accounting Policies [Line Items]
Options granted			1,269,013	640,111
Options and Restricted Stock Units (RSUs) [Member] | 2014 Omnibus Incentive Plan [Member]
Significant Accounting Policies [Line Items]
Number of shares authorized	2,525,275		2,525,275
Habit Restaurants, LLC [Member]
Significant Accounting Policies [Line Items]
Non-controlling interests ownership percentage	22.10%		22.10%			47.10%	65.50%
Common units held	20,278,263		20,278,263

Summary of Significant Accoun24

Summary of Significant Accounting Policies - Schedule of Calculation of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 27, 2017	Jun. 28, 2016	Jun. 27, 2017	Jun. 28, 2016
Numerator:
Net income attributable to controlling and non-controlling interests	$ 1,713	$ 2,496	$ 4,461	$ 5,890
Less: net income attributable to non-controlling interests	(601)	(1,305)	(1,506)	(3,319)
Net income attributable to The Habit Restaurants, Inc.	$ 1,112	$ 1,191	$ 2,955	$ 2,571
Class A Common Stock [Member]
Denominator: Weighted average shares of Class A common stock outstanding
Basic	20,259,140	16,657,886	20,223,913	15,353,798
Diluted	20,325,493	16,658,172	20,269,425	15,356,621
Net income attributable to The Habit Restaurants, Inc. per share Class A common stock
Basic	$ 0.05	$ 0.07	$ 0.15	$ 0.17
Diluted	$ 0.05	$ 0.07	$ 0.15	$ 0.17
Below is a reconciliation of basic and diluted share counts
Basic	20,259,140	16,657,886	20,223,913	15,353,798
Dilutive effect of stock options and restricted stock units	66,353	286	45,512	2,823
Diluted	20,325,493	16,658,172	20,269,425	15,356,621

Non-controlling Interests - Add

Non-controlling Interests - Additional Information (Detail)	Jun. 27, 2017	Apr. 30, 2015	Nov. 25, 2014
Habit Restaurants, LLC [Member]
Noncontrolling Interest [Line Items]
Non-controlling interests ownership percentage	22.10%	47.10%	65.50%

Non-controlling Interests - Sum

Non-controlling Interests - Summary of Net Income Attributable to Non-Controlling Interests (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 27, 2017	Jun. 28, 2016	Jun. 27, 2017	Jun. 28, 2016
Noncontrolling Interest [Line Items]
Income before income taxes	$ 2,716	$ 3,660	$ 6,764	$ 8,059
Net income attributable to non-controlling interests	$ 601	$ 1,305	$ 1,506	$ 3,319
Habit Restaurants, LLC [Member]
Noncontrolling Interest [Line Items]
Weighted average non-controlling interests ownership percentage	22.10%	35.70%	22.30%	41.20%

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($) $ in Millions	Jun. 27, 2017	Dec. 27, 2016
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of investments	$ 32	$ 32
Marketable Securities [Member] | Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of investments	$ 32	$ 32

Property and Equipment, Net - S

Property and Equipment, Net - Schedule of Property and Equipment (Detail) - USD ($) $ in Thousands	Jun. 27, 2017	Dec. 27, 2016
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 175,539	$ 151,536
Less: Accumulated depreciation and amortization	(57,311)	(48,679)
Property and equipment, net	118,228	102,857
Leasehold improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	80,837	73,112
Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	43,488	39,132
Furniture and fixtures [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	22,545	21,056
Buildings under deemed landlord financing [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	10,852	6,221
Smallwares [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	1,660	1,483
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	1,927	1,669
Construction in progress [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 14,230	$ 8,863

Property and Equipment, Net - A

Property and Equipment, Net - Additional Information (Detail) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 27, 2017USD ($)Buildings	Jun. 28, 2016USD ($)	Jun. 27, 2017USD ($)Buildings	Jun. 28, 2016USD ($)	Dec. 27, 2016Buildings
Property, Plant and Equipment [Line Items]
Depreciation expense | $	$ 4,467	$ 3,579	$ 8,716	$ 6,991
Buildings under deemed landlord financing [Member]
Property, Plant and Equipment [Line Items]
Number of owned buildings under deemed landlord financing | Buildings	21		21		14

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	1 Months Ended	6 Months Ended		12 Months Ended
	Nov. 30, 2014	Jun. 27, 2017	Jun. 28, 2016	Dec. 30, 2014
Income Tax Contingency [Line Items]
Percentage of income tax rates		34.05%	26.56%
Percentage of cash savings required to pay to continuing LLC owners	85.00%
Percentage of tax savings retained	15.00%
Amounts payable under Tax Receivable Agreement		$ 140.2
Minimum [Member]
Income Tax Contingency [Line Items]
Payments anticipated period under Tax Receivable Agreement		20 years
Payment obligation due period under Tax Receivable Agreement		95 days
Maximum [Member]
Income Tax Contingency [Line Items]
Payments anticipated period under Tax Receivable Agreement		25 years
Payment obligation due period under Tax Receivable Agreement		125 days
LIBOR [Member]
Income Tax Contingency [Line Items]
Rate of interest to accrue				2.00%
Habit Restaurants, Inc. [Member]
Income Tax Contingency [Line Items]
Percentage of income tax rates		41.05%	41.83%

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Detail) - Credit Facility [Member] - California Bank & Trust [Member] - USD ($)	Jul. 23, 2014	Jun. 27, 2017	Dec. 27, 2016
Debt Instrument [Line Items]
Amount refinanced under revolving credit facility	$ 35,000,000
Credit facility, maturity		Jul. 23, 2017
Borrowings amount outstanding under credit facility		$ 0	$ 0
Commitment fees, percentage	0.25%
Commitment fees, payment frequency		The Credit Facility also required payment for commitment fees that accrued on the daily unused commitment of the lender at 0.25% per annum, payable quarterly
Funded debt to EBITDA ratio		200.00%
Fixed charge coverage ratio		125.00%
Description of EBITDA ratio covenants		Greater than zero for 75%
Percentage of EBITDA		75.00%
Debt Instrument, Covenant Description		A funded debt to EBITDA ratio of 2.00 to 1.00, a fixed charge coverage ratio of 1.25 to 1.00 and a requirement that EBITDA must be greater than zero for 75% or more of all restaurants open at least six months.
Debt Instrument, Covenant Compliance		As of June 27, 2017, the Company was in compliance with all covenants.

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) $ in Millions	6 Months Ended
	Jun. 27, 2017USD ($)
Commitments And Contingencies Disclosure [Abstract]
Commitments related to new restaurants	$ 10.8
Commitments description	In connection with the build out of the restaurants, the Company may be obligated for a portion of the start-up and/or construction costs.

Management Incentive Plans - Su

Management Incentive Plans - Summary of Stock-Based Compensation Expense Related to Incentive Plan (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 27, 2017	Jun. 28, 2016	Jun. 27, 2017	Jun. 28, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 673	$ 521	$ 1,171	$ 867
2014 Omnibus Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 673	$ 521	$ 1,171	$ 867

Management Incentive Plans - Ad

Management Incentive Plans - Additional Information (Detail) $ / shares in Units, $ in Millions	6 Months Ended
	Jun. 27, 2017USD ($)$ / sharesshares
Non-Qualified Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation costs related to options	$ 4
Weighted average period, cost expected to be recognized	3 years 10 months 24 days
Non-Qualified Stock Options [Member] | Class A Common Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Closing stock price of common stock | $ / shares	$ 15.85
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Closing stock price of common stock | $ / shares	$ 15.85
Weighted average period, cost expected to be recognized	4 years
Unrecognized stock-based compensation expense related to non-vested restricted stock units	$ 4.1
2014 Omnibus Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Incentive plan description	The 2014 Omnibus Incentive Plan is administered by our board of directors or a committee of our board of directors (the “Administrator”). The Administrator has the authority to, among other things, interpret the 2014 Omnibus Incentive Plan, determine eligibility for, grant and determine the terms of awards under the 2014 Omnibus Incentive Plan, and to do all things necessary to carry out the purposes of the 2014 Omnibus Incentive Plan. The Administrator’s determinations under the 2014 Omnibus Incentive Plan are conclusive and binding. The Administrator will determine the time or times at which an award will vest or become exercisable. The maximum term of an award will not exceed ten years from the date of grant.
2014 Omnibus Incentive Plan [Member] | Options and Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized | shares	2,525,275
2014 Omnibus Incentive Plan [Member] | Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award granted expiry date	Nov. 19, 2024
Habit Restaurants LLC Management Incentive Plan [Member] | Class C Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average period, cost expected to be recognized	1 year 6 months
Unrecognized stock-based compensation expense related to units	$ 1.3

Management Incentive Plans - Sc

Management Incentive Plans - Schedule of Non-Qualified Stock Option Grants, Activity (Detail) - Non-Qualified Stock Options [Member] - USD ($)	6 Months Ended	12 Months Ended
	Jun. 27, 2017	Dec. 27, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, Outstanding and expected to vest, Beginning Balance	491,440
Options, Granted	465,491
Options, Forfeited	(15,263)
Options, Exercised	0
Options, Outstanding and expected to vest, Ending Balance	941,668	491,440
Options, Exercisable	125,954
Weighted Average Exercise Price, Outstanding and expected to vest, Beginning Balance	$ 22.69
Weighted Average Exercise Price, Granted	16.27
Weighted Average Exercise Price, Forfeited	20.99
Weighted Average Exercise Price, Exercised	0
Weighted Average Exercise Price, Outstanding and expected to vest, Ending Balance	19.54	$ 22.69
Weighted Average Exercise Price, Exercisable	$ 24.55
Weighted Average Remaining Contractual Term (Years), Outstanding and expected to vest	9 years 1 month 6 days	9 years 1 month 6 days
Weighted Average Remaining Contractual Term (Years), Exercisable	8 years 2 months 12 days
Aggregate Intrinsic Value, Outstanding and expected to vest	$ 0	$ 0
Aggregate Intrinsic Value, Exercisable	$ 0

Management Incentive Plans - 36

Management Incentive Plans - Schedule of Restricted Stock Units, Activity (Detail) - Restricted Stock Units (RSUs) [Member] - USD ($)	6 Months Ended	12 Months Ended
	Jun. 27, 2017	Dec. 27, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units, Outstanding and expected to vest, Beginning Balance	145,047
Units, Granted	133,411
Units, Forfeited	(5,107)
Units, Vested	(27,349)
Units, Outstanding and expected to vest, Ending Balance	246,002	145,047
Weighted Average Fair Value, Outstanding and expected to vest, Beginning Balance	$ 22.38
Weighted Average Fair Value, Granted	15.94
Weighted Average Fair Value, Forfeited	19.21
Weighted Average Fair Value, Vested	23.23
Weighted Average Fair Value, Outstanding and expected to vest, Ending Balance	$ 18.86	$ 22.38
Weighted Average Remaining Contractual Term (Years), Outstanding and expected to vest	9 years 2 months 12 days	9 years
Aggregate Intrinsic Value, Outstanding and expected to vest	$ 3,899,132	$ 2,589,089

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - Subsequent Events [Member] - Habit Restaurants, LLC [Member] - New Credit Facility [Member] - Bank of the West [Member]	Aug. 02, 2017USD ($)
Subsequent Event [Line Items]
Credit facility, maximum borrowing capacity	$ 20,000,000
Credit facility, maturity	Aug. 2, 2019
Unused commitment fees	$ 0
Credit facility, interest rate description	All borrowings under the New Credit Facility will bear interest at a variable rate based upon LIBOR plus the applicable margin for LIBOR loans (as defined in the New Credit Facility agreement).
Maximum lease adjusted leverage ratio	400.00%
Minimum adjusted EBITDA	$ 21,400,000
Debt Instrument, Covenant Description	The New Credit Facility contains customary representations, warranties, negative and affirmative covenants, including a maximum lease adjusted leverage ratio of 4.00 to 1.00 and a minimum EBITDA of $21.4 million for the twelve month period then ended at the end of each fiscal quarter.