v3.25.2
Goodwill and Other Intangible Assets (Tables)
 6 Months Ended
Jun. 29, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Value of Goodwill
Changes in the carrying value of goodwill for the six months ended June 29, 2025 and June 30, 2024 were:
(In thousands)Gross GoodwillAccumulated Impairment LossesNet Goodwill
Balance as of December 31, 2024$3,512,782 $(216,259)$3,296,523 
Mergers (Note 2)
64,711 — 64,711 
Foreign currency translation37,856 — 37,856 
Balance as of June 29, 2025$3,615,349 $(216,259)$3,399,090 
Balance as of December 31, 2023$438,422 $(173,797)$264,625 
Foreign currency translation(2,033)— (2,033)
Balance as of June 30, 2024$436,389 $(173,797)$262,592 
Schedule of Other Intangible Assets
As of June 29, 2025, December 31, 2024, and June 30, 2024, other intangible assets consisted of the following:
(In thousands)Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Value
June 29, 2025
Other intangible assets:
Trade names (1)
$898,487 $(370)$898,117 
License / franchise agreements1,150 (874)276 
Total other intangible assets$899,637 $(1,244)$898,393 
December 31, 2024
Other intangible assets:
Trade names (1)
$897,864 $(317)$897,547 
License / franchise agreements1,147 (860)287 
Total other intangible assets$899,011 $(1,177)$897,834 
June 30, 2024
Other intangible assets:
Trade names (1)
$48,482 $(243)$48,239 
License / franchise agreements1,320 (978)342 
Total other intangible assets$49,802 $(1,221)$48,581 
(1)    Trade name amortization represents amortization of the California's Great America trade name. The gross carrying amount of the California's Great America trade name totals $0.7 million. Other trade names are indefinite-lived.