v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Operating activities    
Net (loss) income $ (9,603) $ 64,694
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 95,762 116,426
Loss on impairment and disposal of fixed assets, net 5,220 4,695
Income from equity method investment (220) (226)
Amortization of deferred financing costs 6,618 2,844
Non-cash interest expense on finance lease obligation 8,679 8,166
Reduction of operating lease right of use assets 28,847 27,136
Non-cash portion of gain on lease modification (1,441) (144)
Deferred income taxes 4,200 (3,905)
Share-based compensation 9,312 17,955
Distributions from equity method investments 171 201
Change in fair value of earnout liability (31,186) (87,489)
Changes in assets and liabilities, net of business acquisitions:    
Accounts receivable and notes receivable, net 1,011 1,205
Inventories 1,483 (2,009)
Prepaids, other current assets and other assets (5,100) (2,815)
Accounts payable and accrued expenses 31,822 23,837
Operating lease liabilities (24,215) (8,914)
Other current liabilities (5,277) (6,962)
Other long-term liabilities (230) 72
Net cash provided by operating activities 115,853 154,767
Investing activities    
Purchases of property and equipment (90,097) (117,502)
Purchases of previously leased assets (246,795) 0
Purchases of intangible assets (4,663) 0
Proceeds from sale of property and equipment 0 1,655
Acquisitions, net of cash acquired (88,127) (50,565)
Net cash used in investing activities (429,682) (166,412)
Financing activities    
Repurchase of Class A common stock into Treasury stock (31,903) (65,147)
Proceeds from share issuance 1,216 1,288
Settlement of equity awards 0 (21,053)
Payments for tax withholdings on share-based compensation (814) (6,155)
Payment of cash dividends (25,889) (25,375)
Payment of long-term debt (1,279,927) (6,891)
Proceeds from term loan 1,200,000 150,000
Proceeds from Senior Secured Notes 500,000 0
Proceeds from bridge term loan 230,000 0
Payment of bridge term loan (230,000) 0
Payment on finance leases (1,503) (2,236)
Proceeds on finance leases 1,481 417
Proceeds from Revolver draws 210,000 110,000
Payoff of Revolver draws (175,000) (110,000)
Other financing, net 3,428 0
Purchases of previously leased assets (61,651) 0
Payment of deferred financing costs (27,130) (923)
Net cash provided by financing activities 312,308 23,925
Effect of exchange rates on cash 489 (164)
Net (decrease) increase in cash and cash equivalents (1,032) 12,116
Cash and cash equivalents at beginning of period 59,686 66,972
Cash and cash equivalents at end of period $ 58,654 $ 79,088