v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 28, 2025
Dec. 28, 2024
Current assets:    
Cash and cash equivalents $ 70,550 $ 149,967
Trade receivables, net 19,205 16,761
Inventories 42,850 34,288
Prepaid expenses and other current assets 38,054 24,634
Derivative assets – current 24 4,574
Total current assets 170,683 230,224
Property and equipment, net 309,082 270,123
Right-of-use lease assets 609,440 552,762
Goodwill 678,895 665,465
Intangible assets, net 155,758 159,330
Deferred tax assets, net 9,377 3,801
Other assets 5,886 3,790
Total assets 1,939,121 1,885,495
Current liabilities:    
Accounts payable and accrued liabilities 90,783 83,039
Accrued payroll and related taxes 61,349 52,252
Lease liabilities – current 96,573 89,809
Current portion of long-term debt 0 6,000
Total current liabilities 248,705 231,100
Long-term debt, net 700,526 735,133
Lease liabilities – non-current 529,624 472,343
Other liabilities 36,792 25,239
Total liabilities 1,515,647 1,463,815
Commitments and contingencies (see Note 11)
Stockholders’ equity:    
Preferred stock, $0.000001 par value, 100,000 shares authorized; zero shares issued and outstanding 0 0
Common stock, $0.000001 par value, 800,000 shares authorized; 155,397 and 159,164 shares issued and outstanding 0 0
Additional paid-in capital 680,808 657,906
Accumulated deficit (271,968) (250,451)
Accumulated other comprehensive income 14,634 14,225
Total stockholders’ equity 423,474 421,680
Total liabilities and stockholders’ equity $ 1,939,121 $ 1,885,495