CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2025	Dec. 28, 2024
CURRENT ASSETS
Cash and cash equivalents	$ 152,379,000	$ 53,024,000
Restricted cash	33,048,000	3,003,000
Receivables (net of allowances: June 30, 2025 - $0 and December 28, 2024 - $3,166)	11,712,000	14,428,000
Prepaid income taxes	41,346,000	11,676,000
Prepaid marketing and advertising	5,707,000	4,969,000
Prepaid expenses and other current assets	19,028,000	15,548,000
TOTAL CURRENT ASSETS	263,220,000	102,648,000
Property and equipment, net	9,690,000	15,798,000
Operating lease assets	3,505,000	42,047,000
Goodwill	199,053,000	239,583,000
Other intangible assets, net	527,566,000	115,762,000
Deferred income taxes	16,727,000	16,686,000
Other noncurrent assets	13,357,000	17,752,000
TOTAL ASSETS	1,033,118,000	550,276,000
CURRENT LIABILITIES
Portion of operating lease liabilities due within one year	9,099,000	8,168,000
Accounts payable	10,198,000	17,803,000
Salaries and wages payable	34,419,000	53,143,000
Accrued marketing and advertising	11,927,000	12,805,000
Accrued interest	1,006,000	11,322,000
Deferred acquisition payable	0	15,503,000
Other accrued liabilities	40,418,000	20,593,000
Income taxes payable	3,038,000	2,339,000
Deferred revenue	29,954,000	31,655,000
TOTAL CURRENT LIABILITIES	140,059,000	173,331,000
Long-term debt, net	465,518,000	1,430,643,000
Long-term operating lease liabilities	2,601,000	44,322,000
Deferred income taxes	43,304,000	14,762,000
Other noncurrent liabilities	667,000	1,590,000
TOTAL LIABILITIES	652,149,000	1,664,648,000
TOTAL EQUITY (DEFICIT)
Successor common stock, $0 par value; 1,000,000 shares authorized; 10,000 shares issued at June 30, 2025, Predecessor common stock, $0 par value; 1,000,000 shares authorized; 130,048 shares issued at December 28, 2024	378,533,000	0
Predecessor treasury stock, at cost 49,997 shares at December 28, 2024	0	(3,024,710,000)
Retained earnings	1,254,000	1,936,170,000
Accumulated other comprehensive income (loss)	1,182,000	(25,832,000)
TOTAL EQUITY (DEFICIT)	380,969,000	(1,114,372,000)
TOTAL LIABILITIES AND TOTAL EQUITY (DEFICIT)	$ 1,033,118,000	$ 550,276,000

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of obligations incurred through that date and payable for the marketing, trade and selling of the entity's goods and services. Marketing costs would include expenditures for planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services; costs of public relations and corporate promotions; and obligations incurred and payable for sales discounts, rebates, price protection programs, etc. offered to customers and under government programs. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References

No definition available.