v3.25.2
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 28, 2025
Dec. 28, 2024
Current assets:    
Cash and cash equivalents $ 166,131 $ 149,573
Restricted cash 334 358
Accounts and notes receivable, net 204,330 177,654
Inventory 67,165 66,539
Prepaid and other assets 45,481 37,841
Income tax receivable 11,279 14,294
Advertising fund assets, restricted 64,031 49,716
Assets held for sale 64,904 77,616
Seller note receivable 113,000 0
Current assets of discontinued operations 0 83,847
Total current assets 736,655 657,438
Other assets 104,685 125,422
Property and equipment, net 768,308 711,505
Operating lease right-of-use assets 553,128 524,442
Deferred commissions 7,549 7,246
Intangibles, net 662,907 665,896
Goodwill 1,441,595 1,403,056
Deferred tax assets 8,687 8,206
Non-current assets of discontinued operations 0 1,158,576
Total assets 4,283,514 5,261,787
Current liabilities:    
Accounts payable 118,887 85,843
Accrued expenses and other liabilities 207,845 193,638
Income tax payable 5,281 6,860
Current portion of long-term debt 282,189 32,232
Income tax receivable liability 22,676 22,676
Advertising fund liabilities 24,200 22,030
Current liabilities of discontinued operations 0 70,616
Total current liabilities 661,078 433,895
Long-term debt 2,094,535 2,656,308
Deferred tax liabilities 96,994 87,485
Operating lease liabilities 525,597 491,282
Income tax receivable liability 110,907 110,935
Deferred revenue 30,162 31,314
Long-term accrued expenses and other liabilities 20,846 20,122
Non-current liabilities of discontinued operations 0 823,112
Total liabilities 3,540,119 4,654,453
Commitments and contingencies (Note 12)
Preferred Stock $0.01 par value; 100,000,000 shares authorized; none issued or outstanding 0 0
Common stock, $0.01 par value, 900,000,000 shares authorized: and 164,274,617 and 163,842,248 shares outstanding; respectively 1,643 1,638
Additional paid-in capital 1,720,825 1,699,851
Accumulated deficit (949,513) (1,002,583)
Accumulated other comprehensive loss (29,560) (91,572)
Total shareholders’ equity 743,395 607,334
Total liabilities and shareholders' equity $ 4,283,514 $ 5,261,787
Common stock, shares outstanding (in shares) 164,274,617 163,842,248