v3.25.2
Segment Information (Tables)
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule of Financial Information Concerning Reportable Segments
As of and for the three months ended June 30, 2025:
 Restaurant GroupAlightBKFCTotal Reportable Segments Corporate
and Other
Total Consolidated
 (In millions)
Restaurant revenues$101.9 $101.9 $— $101.9 
Other revenues— — 8.3 8.3 
Total revenues101.9 101.9 8.3 110.2 
Expenses
Cost of revenue90.8 90.8 
Depreciation and amortization2.5 2.5 
Other segment items (1)
10.4 10.4 
Interest expense1.6 1.6 
Equity in losses of unconsolidated affiliates— (81.7)(12.3)(94.0)
Net loss from continuing operations$(3.4)$(81.7)$(12.3)$(97.4)$(132.1)$(229.5)
Assets$260.9 $229.1 $106.0 $596.0 $1,189.8 $1,785.8 
Goodwill53.4 53.4 — 53.4 
As of and for the three months ended June 30, 2024:
 Restaurant GroupAlightBKFCTotal Reportable Segments Corporate
and Other
Total Consolidated
 (In millions)
Restaurant revenues$107.6 $107.6 $— $107.6 
Other revenues— — 10.4 10.4 
Total revenues107.6 107.6 10.4 118.0 
Expenses
Cost of revenue92.1 92.1 
Depreciation and amortization2.7 2.7 
Other segment items (1)
9.7 9.7 
Interest expense1.3 1.3 
Equity in earnings (losses) of unconsolidated affiliates— 2.2 (17.9)(15.7)
Net earnings (loss) from continuing operations$1.8 $2.2 $(17.9)$(13.9)$(135.0)$(148.9)
Assets$279.0 $492.1 $104.6 $875.7 $1,348.3 $2,224.0 
Goodwill53.4 53.4 — 53.4 
As of and for the six months ended June 30, 2025:
 Restaurant GroupAlightBKFCTotal Reportable Segments Corporate
and Other
Total Consolidated
 (In millions)
Restaurant revenues$201.0 $201.0 $— $201.0 
Other revenues— — 12.4 12.4 
Total revenues201.0 201.0 12.4 213.4 
Expenses
Cost of revenue181.8 181.8 
Depreciation and amortization4.9 4.9 
Other segment items (1)
19.6 19.6 
Interest expense3.1 3.1 
Equity in losses of unconsolidated affiliates— (83.6)(22.7)(106.3)
Net loss from continuing operations$(8.4)$(83.6)$(22.7)$(114.7)$(153.5)$(268.2)
Assets$260.9 $229.1 $106.0 $596.0 $1,189.8 $1,785.8 
Goodwill53.4 53.4 — 53.4 
As of and for the six months ended June 30, 2024:
 Restaurant GroupAlightBKFCTotal Reportable Segments Corporate
and Other
Total Consolidated
 (In millions)
Restaurant revenues$214.1 $214.1 $— $214.1 
Other revenues— — 14.6 14.6 
Total revenues214.1 214.1 14.6 228.7 
Expenses
Cost of revenue186.3 186.3 
Depreciation and amortization5.4 5.4 
Other segment items (1)
22.1 22.1 
Interest expense2.6 2.6 
Equity in losses of unconsolidated affiliates— (9.1)(25.3)(34.4)
Net loss from continuing operations$(2.3)$(9.1)$(25.3)$(36.7)$(187.3)$(224.0)
Assets$279.0 $492.1 $104.6 $875.7 $1,348.3 $2,224.0 
Goodwill53.4 53.4 — 53.4 
_____________________________________
(1) "Other segment items" includes restaurant corporate personnel costs, advertising, professional fees and recognized gains and losses, net.