v3.25.4
Pay vs Performance Disclosure - USD ($)
12 Months Ended 16 Months Ended 56 Months Ended 60 Months Ended
Dec. 28, 2025
Dec. 29, 2024
Dec. 31, 2023
Dec. 25, 2022
Dec. 26, 2021
Dec. 28, 2025
Sep. 02, 2024
Dec. 28, 2025
Pay vs Performance Disclosure                
Pay vs Performance Disclosure, Table
Pay vs. Performance
The following table summarizes compensation paid to our principal executive officer (“PEO”) as set forth in our Summary Compensation Table, compensation actually paid to our PEO, average compensation paid to our Non-PEO NEOs as set forth in our Summary Compensation Table, and average compensation actually paid to our Non-PEO NEOs, each as calculated in accordance with SEC rules, and certain Company and peer group performance measures for the periods indicated:
Fiscal YearSummary Compensation Table Total for PEO (1)Compensation Actually Paid to PEO (2)Average Summary Compensation Table Total for Non-PEO NEOs (3)Average Compensation Actually Paid to Non-PEO NEOs (2)Value of Initial Fixed $100Net Income (Loss)
(dollars in millions)
Adjusted Diluted EPS (5)
Total Shareholder Return
Peer Group Total Shareholder Return (4)
1st PEO
2nd PEO
1st PEO
2nd PEO
2025$5,495,861 $— $6,450,786 $— $1,483,550 $1,189,119 $42.47 $165.06 $13.2 $1.13 
20243,965,019 6,339,020 3,676,625 (2,087,085)1,523,663 477,812 72.63 148.57 (122.7)1.79 
2023— 6,825,003 — 8,305,815 1,689,279 2,116,313 158.45 110.43 254.4 2.78 
2022— 6,251,632 — 5,068,922 1,561,981 1,339,269 113.43 89.94 109.2 2.36 
2021— 7,518,278 — 11,384,346 2,200,145 2,598,640 110.55 112.43 222.9 2.45 
__________________
(1)Mr. Spanos (1st PEO) was appointed PEO effective September 3, 2024. Mr. Deno (2nd PEO) was the PEO from the beginning of 2020 through September 2, 2024.
(2)The charts below detail the additions to and deductions from the Summary Compensation Table Totals to calculate the Compensation Actually Paid amounts.
(3)The Non-PEO NEOs are comprised of: 2025 - Messrs. Christel, Healy, Hafner, and Graff, and Mses. Lefferts and Mitory; 2024 - Messrs. Healy, Berenstein, Graff, Meyer and Scarlett and Mses. Lefferts and Isaacs; 2023 - Messrs. Meyer, Scarlett and Patterson and Ms. Lefferts; 2022 - Messrs. Meyer, Scarlett and Murtha and Ms. Lefferts; 2021 - Messrs. Meyer, Scarlett, Murtha and Stutts and Ms. Lefferts.
(4)The peer group is made up of the same 25 companies in our peer group used for executive compensation benchmarking as described on page 59.
(5)Adjusted Diluted EPS was selected as the third metric to be included in the disclosure (as the Company-Selected Measure). A detailed Adjusted Diluted EPS reconciliation can be found within Appendix C.

The following table reconciles the PEO Summary Compensation Table total to Compensation Actually Paid for the periods indicated:
Fiscal YearSalaryBonus and Non-Equity Incentive CompensationEquity CompensationAll Other CompensationSummary Compensation Table TotalDeductions from Summary Compensation Table Total (1)Additions (Deductions) to Compensation Table Total (2)Compensation Actually Paid
1st PEO
2025$1,000,000 $1,155,000 $3,333,337 $7,524 $5,495,861 $(3,333,337)$4,288,262 $6,450,786 
2024303,846 158,846 2,500,012 1,002,315 3,965,019 (2,500,012)2,211,618 3,676,625 
2nd PEO
2024$1,000,000 $420,000 $4,900,017 $19,003 $6,339,020 $(4,900,017)$(3,526,088)$(2,087,085)
20231,000,000 910,500 4,900,025 14,478 6,825,003 (4,900,025)6,380,837 8,305,815 
2022984,615 897,969 4,350,033 19,015 6,251,632 (4,350,033)3,167,323 5,068,922 
2021900,000 2,011,500 4,600,046 6,732 7,518,278 (4,600,046)8,466,114 11,384,346 
__________________
(1)Represents the grant date fair value of equity-based awards granted each year.
(2)Reflects the value of equity calculated in accordance with the SEC methodology for determining Compensation Actually Paid for each period presented (as set forth in Item 402(v)(2) of Regulation S-K). The equity component of compensation actually paid for fiscal year 2025 is further detailed in the supplemental table below.
The following table reconciles the Non-PEO NEOs Average Summary Compensation Table total to Average Compensation Actually Paid for the periods indicated:
Fiscal YearAverage SalaryAverage Bonus and Non-Equity Incentive CompensationAverage Equity CompensationAverage All Other CompensationAverage Summary Compensation Table TotalDeductions from Summary Compensation Table Total (1)Additions (Deductions) to Compensation Table Total (2)Average Compensation Actually Paid
2025$375,305 $274,516 $518,063 $315,666 $1,483,550 $(518,063)$223,632 $1,189,119 
2024386,648 70,830 650,027 416,158 1,523,663 (650,027)(395,824)477,812 
2023570,096 353,867 759,407 5,909 1,689,279 (759,407)1,186,441 2,116,313 
2022550,000 338,580 667,219 6,182 1,561,981 (667,219)444,507 1,339,269 
2021536,539 640,700 697,157 325,749 2,200,145 (697,157)1,095,652 2,598,640 
__________________
(1)Represents the average grant date fair value of equity-based awards granted each year.
(2)Reflects the average value of equity calculated in accordance with the SEC methodology for determining average compensation actually paid for each period presented (as set forth in Item 402(v)(2) of Regulation S-K). The equity component of average compensation actually paid for fiscal year 2025 is further detailed in the supplemental table below.

The following table includes supplemental data for the additions and deductions resulting in the equity component of PEO Compensation Actually Paid for the periods indicated:
Fiscal YearAddition of Fair Value of Current Year Equity Awards at Fiscal Year End(Deductions) Additions for Change in Value of Prior Years’ Awards Unvested at Fiscal Year End (1)(Deductions) Additions for Change in Value of Prior Years’ Awards That Vested in Fiscal Year (1)Equity Value Included in Compensation Actually Paid
1st PEO
2nd PEO
1st PEO
2nd PEO
1st PEO
2nd PEO
1st PEO
2nd PEO
2025$5,256,784 $— $(658,499)$— $(310,023)$— $4,288,262 $— 
20242,211,618 1,324,934 — (4,409,586)— (441,436)2,211,618 (3,526,088)
2023— 5,194,051 — (329,870)— 1,516,656 — 6,380,837 
2022— 3,910,236 — (1,252,356)— 509,443 — 3,167,323 
2021— 3,268,932 — 3,748,314 — 1,448,868 — 8,466,114 
__________________
(1)The valuation for PSUs as of the end of each fiscal year reflects the Company’s estimates of the probable outcome of the performance conditions of such awards as of such date, compared to the grant date valuation which reflected a valuation at 100%.

The following table includes supplemental data for the additions and deductions resulting in equity component of Non-PEO NEOs Average Compensation Actually Paid for the periods indicated:
Fiscal YearAddition of Average Fair Value of Current Year Equity Awards at Fiscal Year End(Deductions) Additions for Average Change in Value of Prior Years’ Awards Unvested at Fiscal Year End (1)(Deductions) Additions for Average Change in Value of Prior Years’ Awards That Vested in Fiscal Year (1)Fair Value At End of Prior Fiscal Year of Awards Granted in Prior Years That Failed to Meet Vesting Conditions in the Fiscal YearAverage Equity Value Included in Compensation Actually Paid
2025$459,684 $(39,168)$(69,897)$(126,987)$223,632 
2024292,356 (272,941)(66,203)(349,036)(395,824)
2023821,094 (63,284)428,631 — 1,186,441 
2022599,763 (278,452)123,196 — 444,507 
2021422,722 364,276 308,654 — 1,095,652 
__________________
(1)The valuation for PSUs as of the end of each fiscal year reflects the Company’s estimates of the probable outcome of the performance conditions of such awards as of such date, compared to the grant date valuation which reflected a valuation at 100%.
Relationship between Compensation Paid and Performance Measures
As shown in the charts as discussed further below, the relationship between the Compensation Actually Paid (“CAP”) to the PEO and the Average Compensation Actually Paid to the NEOs other than the PEO in fiscal 2021, 2022, 2023, 2024 and 2025 (collectively, “NEO Compensation Actually Paid”) to each of (1) Net income, (2) total shareholder return (“TSR”), and (3) Adjusted Diluted EPS demonstrates that such compensation fluctuates to the extent the Company is achieving its goals and increasing value for stockholders in line with the Company’s compensation philosophy and performance-based objectives.
             
Company Selected Measure Name Adjusted Diluted EPS              
Named Executive Officers, Footnote Mr. Spanos (1st PEO) was appointed PEO effective September 3, 2024. Mr. Deno (2nd PEO) was the PEO from the beginning of 2020 through September 2, 2024.
(2)The charts below detail the additions to and deductions from the Summary Compensation Table Totals to calculate the Compensation Actually Paid amounts.
(3)The Non-PEO NEOs are comprised of: 2025 - Messrs. Christel, Healy, Hafner, and Graff, and Mses. Lefferts and Mitory; 2024 - Messrs. Healy, Berenstein, Graff, Meyer and Scarlett and Mses. Lefferts and Isaacs; 2023 - Messrs. Meyer, Scarlett and Patterson and Ms. Lefferts; 2022 - Messrs. Meyer, Scarlett and Murtha and Ms. Lefferts; 2021 - Messrs. Meyer, Scarlett, Murtha and Stutts and Ms. Lefferts.
             
Adjustment To PEO Compensation, Footnote
The following table reconciles the PEO Summary Compensation Table total to Compensation Actually Paid for the periods indicated:
Fiscal YearSalaryBonus and Non-Equity Incentive CompensationEquity CompensationAll Other CompensationSummary Compensation Table TotalDeductions from Summary Compensation Table Total (1)Additions (Deductions) to Compensation Table Total (2)Compensation Actually Paid
1st PEO
2025$1,000,000 $1,155,000 $3,333,337 $7,524 $5,495,861 $(3,333,337)$4,288,262 $6,450,786 
2024303,846 158,846 2,500,012 1,002,315 3,965,019 (2,500,012)2,211,618 3,676,625 
2nd PEO
2024$1,000,000 $420,000 $4,900,017 $19,003 $6,339,020 $(4,900,017)$(3,526,088)$(2,087,085)
20231,000,000 910,500 4,900,025 14,478 6,825,003 (4,900,025)6,380,837 8,305,815 
2022984,615 897,969 4,350,033 19,015 6,251,632 (4,350,033)3,167,323 5,068,922 
2021900,000 2,011,500 4,600,046 6,732 7,518,278 (4,600,046)8,466,114 11,384,346 
__________________
(1)Represents the grant date fair value of equity-based awards granted each year.
(2)Reflects the value of equity calculated in accordance with the SEC methodology for determining Compensation Actually Paid for each period presented (as set forth in Item 402(v)(2) of Regulation S-K). The equity component of compensation actually paid for fiscal year 2025 is further detailed in the supplemental table below.
             
Non-PEO NEO Average Total Compensation Amount [1] $ 1,483,550 $ 1,523,663 $ 1,689,279 $ 1,561,981 $ 2,200,145      
Non-PEO NEO Average Compensation Actually Paid Amount [2] $ 1,189,119 477,812 2,116,313 1,339,269 2,598,640      
Adjustment to Non-PEO NEO Compensation Footnote
The following table reconciles the Non-PEO NEOs Average Summary Compensation Table total to Average Compensation Actually Paid for the periods indicated:
Fiscal YearAverage SalaryAverage Bonus and Non-Equity Incentive CompensationAverage Equity CompensationAverage All Other CompensationAverage Summary Compensation Table TotalDeductions from Summary Compensation Table Total (1)Additions (Deductions) to Compensation Table Total (2)Average Compensation Actually Paid
2025$375,305 $274,516 $518,063 $315,666 $1,483,550 $(518,063)$223,632 $1,189,119 
2024386,648 70,830 650,027 416,158 1,523,663 (650,027)(395,824)477,812 
2023570,096 353,867 759,407 5,909 1,689,279 (759,407)1,186,441 2,116,313 
2022550,000 338,580 667,219 6,182 1,561,981 (667,219)444,507 1,339,269 
2021536,539 640,700 697,157 325,749 2,200,145 (697,157)1,095,652 2,598,640 
__________________
(1)Represents the average grant date fair value of equity-based awards granted each year.
(2)Reflects the average value of equity calculated in accordance with the SEC methodology for determining average compensation actually paid for each period presented (as set forth in Item 402(v)(2) of Regulation S-K). The equity component of average compensation actually paid for fiscal year 2025 is further detailed in the supplemental table below.
             
Compensation Actually Paid vs. Total Shareholder Return
6
             
Compensation Actually Paid vs. Net Income
4
             
Compensation Actually Paid vs. Company Selected Measure
8
             
Tabular List, Table
1.
Adjusted Diluted EPS
2.Revenue
3.Adjusted Operating Income
4.
Free Cash Flow Conversion
             
Total Shareholder Return Amount $ 42.47 72.63 158.45 113.43 110.55      
Peer Group Total Shareholder Return Amount [3] 165.06 148.57 110.43 89.94 112.43      
Net Income (Loss) $ 13,200,000 $ (122,700,000) $ 254,400,000 $ 109,200,000 $ 222,900,000      
Company Selected Measure Amount [4] 1.13 1.79 2.78 2.36 2.45      
PEO Name           Mr. Spanos Mr. Deno  
PSU Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage               100.00%
Measure:: 1                
Pay vs Performance Disclosure                
Name Adjusted Diluted EPS              
Measure:: 2                
Pay vs Performance Disclosure                
Name Revenue              
Measure:: 3                
Pay vs Performance Disclosure                
Name Adjusted Operating Income              
Measure:: 4                
Pay vs Performance Disclosure                
Name Free Cash Flow Conversion              
Spanos [Member]                
Pay vs Performance Disclosure                
PEO Total Compensation Amount [5] $ 5,495,861 $ 3,965,019 $ 0 $ 0 $ 0      
PEO Actually Paid Compensation Amount [2] 6,450,786 3,676,625 0 0 0      
Deno [Member]                
Pay vs Performance Disclosure                
PEO Total Compensation Amount [5] 0 6,339,020 6,825,003 6,251,632 7,518,278      
PEO Actually Paid Compensation Amount [2] $ 0 $ (2,087,085) 8,305,815 5,068,922 11,384,346      
PEO | Spanos [Member]                
Pay vs Performance Disclosure                
Salary 1,000,000 303,846            
Bonus and Non-Equity Incentive Compensation 1,155,000 158,846            
Equity Compensation 3,333,337 2,500,012            
Other Compensation 7,524 1,002,315            
PEO | Spanos [Member] | Adjustment Type 1 [Member]                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount [6] $ (3,333,337) $ (2,500,012)            
PEO | Spanos [Member] | Adjustment Type 2 [Member]                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount 4,288,262 [7] 2,211,618 [7] 0 0 0      
PEO | Spanos [Member] | Addition of Fair Value of Current Year Equity Awards at Fiscal Year End [Member]                
Pay vs Performance Disclosure                
Adjustment to Compensation Amount for Equity Value 5,256,784 2,211,618 0 0 0      
PEO | Spanos [Member] | Additions (Deductions) for Change in Value of Prior Years' Awards Unvested at Fiscal Year End [Member]                
Pay vs Performance Disclosure                
Adjustment to Compensation Amount for Equity Value [8] (658,499) 0 0 0 0      
PEO | Spanos [Member] | Additions (Deductions) for Change in Value of Prior Years' Awards That Vested in Fiscal Year [Member]                
Pay vs Performance Disclosure                
Adjustment to Compensation Amount for Equity Value (310,023) $ 0 $ 0 $ 0 $ 0      
PEO | Deno [Member]                
Pay vs Performance Disclosure                
Salary   1,000,000 1,000,000 984,615 900,000      
Bonus and Non-Equity Incentive Compensation   420,000 910,500 897,969 2,011,500      
Equity Compensation   4,900,017 4,900,025 4,350,033 4,600,046      
Other Compensation   19,003 14,478 19,015 6,732      
PEO | Deno [Member] | Adjustment Type 1 [Member]                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount [6]   $ (4,900,017) $ (4,900,025) $ (4,350,033) $ (4,600,046)      
PEO | Deno [Member] | Adjustment Type 2 [Member]                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount 0 (3,526,088) [7] 6,380,837 [7] 3,167,323 [7] 8,466,114 [7]      
PEO | Deno [Member] | Addition of Fair Value of Current Year Equity Awards at Fiscal Year End [Member]                
Pay vs Performance Disclosure                
Adjustment to Compensation Amount for Equity Value 0 1,324,934 5,194,051 3,910,236 3,268,932      
PEO | Deno [Member] | Additions (Deductions) for Change in Value of Prior Years' Awards Unvested at Fiscal Year End [Member]                
Pay vs Performance Disclosure                
Adjustment to Compensation Amount for Equity Value [8] 0 (4,409,586) (329,870) (1,252,356) 3,748,314      
PEO | Deno [Member] | Additions (Deductions) for Change in Value of Prior Years' Awards That Vested in Fiscal Year [Member]                
Pay vs Performance Disclosure                
Adjustment to Compensation Amount for Equity Value $ 0 $ (441,436) $ 1,516,656 $ 509,443 $ 1,448,868      
Non-PEO NEO                
Pay vs Performance Disclosure                
Average Salary 375,305 386,648 570,096 550,000 536,539      
Average Bonus and Non-Equity Incentive Compensation 274,516 70,830 353,867 338,580 640,700      
Average Equity Compensation 518,063 650,027 759,407 667,219 697,157      
Average Other Compensation 315,666 416,158 5,909 6,182 325,749      
Non-PEO NEO | Adjustment Type 1 [Member]                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount [9] $ (518,063) $ (650,027) $ (759,407) $ (667,219) $ (697,157)      
Non-PEO NEO | Adjustment Type 2 [Member]                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount [10] 223,632 (395,824) 1,186,441 444,507 1,095,652      
Non-PEO NEO | Adjustment Type 3 [Member]                
Pay vs Performance Disclosure                
Adjustment to Compensation Amount Equity Awards 459,684 292,356 821,094 599,763 422,722      
Non-PEO NEO | Adjustment Type 4 [Member]                
Pay vs Performance Disclosure                
Adjustment to Compensation Amount Equity Awards [11] (39,168) (272,941) (63,284) (278,452) 364,276      
Non-PEO NEO | Adjustment Type 5 [Member]                
Pay vs Performance Disclosure                
Adjustment to Compensation Amount Equity Awards [11] (69,897) (66,203) 428,631 123,196 308,654      
Non-PEO NEO | Adjustment Type 6 [Member]                
Pay vs Performance Disclosure                
Adjustment to Compensation Amount Equity Awards $ (126,987) $ (349,036) $ 0 $ 0 $ 0      
[1] The Non-PEO NEOs are comprised of: 2025 - Messrs. Christel, Healy, Hafner, and Graff, and Mses. Lefferts and Mitory; 2024 - Messrs. Healy, Berenstein, Graff, Meyer and Scarlett and Mses. Lefferts and Isaacs; 2023 - Messrs. Meyer, Scarlett and Patterson and Ms. Lefferts; 2022 - Messrs. Meyer, Scarlett and Murtha and Ms. Lefferts; 2021 - Messrs. Meyer, Scarlett, Murtha and Stutts and Ms. Lefferts.
[2] The charts below detail the additions to and deductions from the Summary Compensation Table Totals to calculate the Compensation Actually Paid amounts.
[3] The peer group is made up of the same 25 companies in our peer group used for executive compensation benchmarking as described on page 59.
[4] Adjusted Diluted EPS was selected as the third metric to be included in the disclosure (as the Company-Selected Measure). A detailed Adjusted Diluted EPS reconciliation can be found within Appendix C.
[5] Mr. Spanos (1st PEO) was appointed PEO effective September 3, 2024. Mr. Deno (2nd PEO) was the PEO from the beginning of 2020 through September 2, 2024.
[6] Represents the grant date fair value of equity-based awards granted each year.
[7] Reflects the value of equity calculated in accordance with the SEC methodology for determining Compensation Actually Paid for each period presented (as set forth in Item 402(v)(2) of Regulation S-K). The equity component of compensation actually paid for fiscal year 2025 is further detailed in the supplemental table below.
[8] The valuation for PSUs as of the end of each fiscal year reflects the Company’s estimates of the probable outcome of the performance conditions of such awards as of such date, compared to the grant date valuation which reflected a valuation at 100%.
[9] Represents the average grant date fair value of equity-based awards granted each year.
[10] Reflects the average value of equity calculated in accordance with the SEC methodology for determining average compensation actually paid for each period presented (as set forth in Item 402(v)(2) of Regulation S-K). The equity component of average compensation actually paid for fiscal year 2025 is further detailed in the supplemental table below.
[11] The valuation for PSUs as of the end of each fiscal year reflects the Company’s estimates of the probable outcome of the performance conditions of such awards as of such date, compared to the grant date valuation which reflected a valuation at 100%.