GOODWILL & INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Indefinite-Lived Intangibles, Net

Intangible assets, net consisted of the following (in thousands):


	As of March 30, 2025
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount

Indefinite-lived intangible assets:
Trade names	$	223,925	$	—	$	223,925
Intangible subject to amortization:
Recipes	56,117		(30,696)		25,421

	$	280,042	$	(30,696)	$	249,346


	As of December 29, 2024
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount

Indefinite-lived intangible assets:
Trade names	$	223,925	$	—	$	223,925
Intangible subject to amortization:
Recipes	56,117		(30,019)		26,098


	$	280,042	$	(30,019)	$	250,023

Schedule of Finite-Lived Intangibles, Net

Intangible assets, net consisted of the following (in thousands):


	As of March 30, 2025
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount

Indefinite-lived intangible assets:
Trade names	$	223,925	$	—	$	223,925
Intangible subject to amortization:
Recipes	56,117		(30,696)		25,421

	$	280,042	$	(30,696)	$	249,346


	As of December 29, 2024
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount

Indefinite-lived intangible assets:
Trade names	$	223,925	$	—	$	223,925
Intangible subject to amortization:
Recipes	56,117		(30,019)		26,098


	$	280,042	$	(30,019)	$	250,023

Schedule of Aggregate Amortization Expense

The estimated aggregate amortization expense related to intangible assets held at March 30, 2025 for the remainder of this year and the succeeding five years and thereafter is as follows (in thousands):


	Estimated Amortization
2025 (excluding the quarter ended March 30, 2025)	$	2,030
2026	2,707
2027	2,707
2028	2,707
2029	2,150
2030	1,369
2031 and thereafter	11,751
	$	25,421