v3.25.1
Segments - Schedule of Segment Reporting Information by Segment (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Segment Reporting Information [Line Items]    
Total revenues $ 214,780 $ 206,235
Interest expense from finance leases 689 740
Gross profit 90,310 97,424
Stock based compensation (direct) 3,700 5,600
Gain on disposition of assets (111) (237)
Interest expense, net 17,727 18,072
Closure and impairment charges 5,846 634
Amortization of intangible assets 2,716 2,722
Income before income taxes 12,795 24,046
Advertising revenues    
Segment Reporting Information [Line Items]    
Revenues excluding advertising revenue 70,490 75,261
Operating Segments    
Segment Reporting Information [Line Items]    
Total revenues 214,800 206,200
Interest expense from finance leases 700 700
Depreciation and amortization 3,100 2,700
Other segment items 50,200 30,100
Gross profit 90,300 97,400
Stock based compensation (direct) 1,000 1,800
Gain on disposition of assets (100) (200)
Other G&A expenses (direct and allocated) 32,600 30,500
Segment operating profit (loss) 56,800 65,400
Operating Segments | Advertising revenues    
Segment Reporting Information [Line Items]    
Revenues excluding advertising revenue 70,500 75,300
Operating Segments | Revenues excluding advertising revenue    
Segment Reporting Information [Line Items]    
Revenues excluding advertising revenue 144,300 131,000
Operating Segments | Franchise    
Segment Reporting Information [Line Items]    
Total revenues 166,200 175,900
Interest expense from finance leases 0 0
Depreciation and amortization 100 100
Other segment items 10,600 11,100
Gross profit 85,000 89,400
Stock based compensation (direct) 1,000 1,800
Gain on disposition of assets (100) (200)
Other G&A expenses (direct and allocated) 31,200 30,500
Segment operating profit (loss) 52,900 57,400
Operating Segments | Franchise | Advertising revenues    
Segment Reporting Information [Line Items]    
Revenues excluding advertising revenue 70,500 75,300
Operating Segments | Franchise | Revenues excluding advertising revenue    
Segment Reporting Information [Line Items]    
Revenues excluding advertising revenue 95,700 100,600
Operating Segments | Company Restaurants    
Segment Reporting Information [Line Items]    
Total revenues 21,600 300
Interest expense from finance leases 0 0
Depreciation and amortization 600 0
Other segment items 21,400 300
Gross profit (400) 0
Stock based compensation (direct) 0 0
Gain on disposition of assets 0 0
Other G&A expenses (direct and allocated) 1,400 0
Segment operating profit (loss) (1,800) 0
Operating Segments | Company Restaurants | Advertising revenues    
Segment Reporting Information [Line Items]    
Revenues excluding advertising revenue 0 0
Operating Segments | Company Restaurants | Revenues excluding advertising revenue    
Segment Reporting Information [Line Items]    
Revenues excluding advertising revenue 21,600 300
Operating Segments | Rental    
Segment Reporting Information [Line Items]    
Total revenues 26,700 29,500
Interest expense from finance leases 700 700
Depreciation and amortization 2,400 2,600
Other segment items 18,100 18,600
Gross profit 5,400 7,600
Stock based compensation (direct) 0 0
Gain on disposition of assets 0 0
Other G&A expenses (direct and allocated) 0 0
Segment operating profit (loss) 5,400 7,600
Operating Segments | Rental | Advertising revenues    
Segment Reporting Information [Line Items]    
Revenues excluding advertising revenue 0 0
Operating Segments | Rental | Revenues excluding advertising revenue    
Segment Reporting Information [Line Items]    
Revenues excluding advertising revenue 26,700 29,500
Operating Segments | Financing    
Segment Reporting Information [Line Items]    
Total revenues 300 500
Interest expense from finance leases 0 0
Depreciation and amortization 0 0
Other segment items 100 100
Gross profit 300 500
Stock based compensation (direct) 0 0
Gain on disposition of assets 0 0
Other G&A expenses (direct and allocated) 0 0
Segment operating profit (loss) 300 500
Operating Segments | Financing | Advertising revenues    
Segment Reporting Information [Line Items]    
Revenues excluding advertising revenue 0 0
Operating Segments | Financing | Revenues excluding advertising revenue    
Segment Reporting Information [Line Items]    
Revenues excluding advertising revenue 300 500
Segment Reporting Excluding Corporate Expenditure    
Segment Reporting Information [Line Items]    
Depreciation and amortization 4,500 4,300
Stock based compensation (direct) 2,300 3,100
Other G&A expenses (direct and allocated) 10,900 12,500
Interest expense, net 17,700 18,100
Closure and impairment charges 5,800 600
Amortization of intangible assets 2,700 2,700
Income before income taxes $ 12,800 $ 24,000