v3.25.2
Segments - Schedule of Segment Reporting Information by Segment (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Reporting Information [Line Items]        
Total revenues $ 230,784 $ 206,267 $ 445,564 $ 412,502
Interest expense from finance leases 715 739 1,404 1,479
Gross profit 92,229 99,271 182,539 196,695
Stock based compensation (direct) 2,800 3,300 6,500 8,900
Loss (gain) on disposition of assets 31 174 (80) (63)
Interest expense, net 17,799 17,850 35,526 35,922
Closure and impairment charges 1,155 442 7,001 1,076
Amortization of intangible assets 2,694 2,723 5,410 5,445
Loss on extinguishment of debt 850 0 850 0
Income before income taxes 18,931 31,224 31,726 55,270
Advertising revenues        
Segment Reporting Information [Line Items]        
Revenues excluding advertising revenue 73,509 74,518 143,999 149,779
Operating Segments        
Segment Reporting Information [Line Items]        
Total revenues 230,800 206,300 445,600 412,500
Interest expense from finance leases 700 700 1,400 1,500
Depreciation and amortization 3,400 2,700 6,500 5,500
Other segment items 61,000 29,000 111,200 59,100
Gross profit 92,200 99,300 182,500 196,700
Stock based compensation (direct) 1,000 1,500 2,100 3,300
Loss (gain) on disposition of assets (0) 200 (100) (100)
Other G&A expenses (direct and allocated) 33,900 29,600 66,500 60,100
Segment operating profit (loss) 57,300 68,000 114,100 133,400
Operating Segments | Advertising revenues        
Segment Reporting Information [Line Items]        
Revenues excluding advertising revenue 73,500 74,500 144,000 149,800
Operating Segments | Revenues excluding advertising revenue        
Segment Reporting Information [Line Items]        
Revenues excluding advertising revenue 157,300 131,700 301,600 262,700
Operating Segments | Franchise        
Segment Reporting Information [Line Items]        
Total revenues 174,700 176,500 340,900 352,400
Interest expense from finance leases 0 0 0 0
Depreciation and amortization 200 100 300 200
Other segment items 12,800 10,300 23,300 21,400
Gross profit 88,300 91,500 173,300 180,900
Stock based compensation (direct) 1,000 1,500 2,100 3,300
Loss (gain) on disposition of assets (0) 200 (100) (100)
Other G&A expenses (direct and allocated) 32,000 29,600 63,200 60,100
Segment operating profit (loss) 55,300 60,300 108,100 117,700
Operating Segments | Franchise | Advertising revenues        
Segment Reporting Information [Line Items]        
Revenues excluding advertising revenue 73,500 74,500 144,000 149,800
Operating Segments | Franchise | Revenues excluding advertising revenue        
Segment Reporting Information [Line Items]        
Revenues excluding advertising revenue 101,200 102,000 196,900 202,600
Operating Segments | Company Restaurants        
Segment Reporting Information [Line Items]        
Total revenues 28,200 300 49,800 600
Interest expense from finance leases 0 0 0 0
Depreciation and amortization 800 0 1,300 0
Other segment items 30,200 300 51,600 600
Gross profit (2,700) 0 (3,100) 0
Stock based compensation (direct) 0 0 0 0
Loss (gain) on disposition of assets 0 0 0 0
Other G&A expenses (direct and allocated) 1,900 0 3,300 0
Segment operating profit (loss) (4,600) 0 (6,400) 0
Operating Segments | Company Restaurants | Advertising revenues        
Segment Reporting Information [Line Items]        
Revenues excluding advertising revenue 0 0 0 0
Operating Segments | Company Restaurants | Revenues excluding advertising revenue        
Segment Reporting Information [Line Items]        
Revenues excluding advertising revenue 28,200 300 49,800 600
Operating Segments | Rental        
Segment Reporting Information [Line Items]        
Total revenues 27,500 29,000 54,200 58,600
Interest expense from finance leases 700 700 1,400 1,500
Depreciation and amortization 2,500 2,600 4,900 5,200
Other segment items 18,000 18,300 36,100 36,900
Gross profit 6,400 7,400 11,800 14,900
Stock based compensation (direct) 0 0 0 0
Loss (gain) on disposition of assets 0 0 0 0
Other G&A expenses (direct and allocated) 0 0 0 0
Segment operating profit (loss) 6,400 7,400 11,800 14,900
Operating Segments | Rental | Advertising revenues        
Segment Reporting Information [Line Items]        
Revenues excluding advertising revenue 0 0 0 0
Operating Segments | Rental | Revenues excluding advertising revenue        
Segment Reporting Information [Line Items]        
Revenues excluding advertising revenue 27,500 29,000 54,200 58,600
Operating Segments | Financing        
Segment Reporting Information [Line Items]        
Total revenues 300 500 600 1,000
Interest expense from finance leases 0 0 0 0
Depreciation and amortization 0 0 0 0
Other segment items 100 100 100 200
Gross profit 200 400 500 800
Stock based compensation (direct) 0 0 0 0
Loss (gain) on disposition of assets 0 0 0 0
Other G&A expenses (direct and allocated) 0 0 0 0
Segment operating profit (loss) 200 400 500 800
Operating Segments | Financing | Advertising revenues        
Segment Reporting Information [Line Items]        
Revenues excluding advertising revenue 0 0 0 0
Operating Segments | Financing | Revenues excluding advertising revenue        
Segment Reporting Information [Line Items]        
Revenues excluding advertising revenue 300 500 600 1,000
Segment Reporting Excluding Corporate Expenditure        
Segment Reporting Information [Line Items]        
Depreciation and amortization 4,400 4,200 8,900 8,500
Stock based compensation (direct) 2,200 2,400 4,600 5,500
Other G&A expenses (direct and allocated) 9,200 9,200 20,100 21,700
Interest expense, net 17,800 17,800 35,500 35,900
Closure and impairment charges 1,200 400 7,000 1,100
Amortization of intangible assets 2,700 2,700 5,400 5,400
Loss on extinguishment of debt 900 0 900 0
Income before income taxes $ 18,900 $ 31,200 $ 31,700 $ 55,300