v3.25.1
NON-CONTROLLING INTERESTS (Tables)
3 Months Ended
Mar. 30, 2025
Noncontrolling Interest [Abstract]  
Schedule of LLC Interest Ownership by Portillo's Inc. and Pre-IPO LLC Members
The following table summarizes the LLC interest ownership by Portillo's Inc. and pre-IPO LLC members:

March 30, 2025December 29, 2024
LLC UnitsOwnership %LLC UnitsOwnership %
Portillo's Inc.63,905,130 85.6 %63,674,579 85.6 %
pre-IPO LLC Members
10,732,800 14.4 %10,732,800 14.4 %
Total74,637,930 100.0 %74,407,379 100.0 %
Schedule of Effects of Changes in Ownership in Portillo's OpCo on the Company’s Equity
The following table summarizes the effects of changes in ownership in Portillo's OpCo on the Company’s equity (in thousands):

Quarter Ended
March 30, 2025March 31, 2024
Net income attributable to Portillo's Inc.
$3,313 $4,562 
Activity under equity-based compensation plans652 813 
Non-controlling interest adjustment182 46,475 
Redemption of LLC Units— (58)
Establishment of liabilities under Tax Receivable Agreement and related changes to deferred tax assets associated with increases in tax basis— (15,913)
Total effect of changes in ownership interest on equity attributable to Portillo's Inc. $4,147 $35,879