v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 04, 2026
Jan. 03, 2026
Current assets:    
Cash and cash equivalents $ 58,998 $ 69,602
Independent operator receivables and current portion of independent operator notes, net of allowance $14,699 and $12,253 14,081 16,983
Other accounts receivable, net of allowance $4 and $8 3,452 3,685
Merchandise inventories 387,109 381,961
Prepaid expenses and other current assets 25,613 25,409
Total current assets 489,253 497,640
Independent operator notes and receivables, net of allowance $20,696 and $15,291 34,942 43,748
Property and equipment, net 755,562 742,961
Operating lease right-of-use assets 1,122,250 1,089,838
Intangible assets, net 75,806 78,375
Goodwill, net 475,835 633,835
Other assets 4,361 4,702
Total assets 2,958,009 3,091,099
Current liabilities:    
Trade accounts payable 200,179 177,457
Accrued and other current liabilities 44,824 54,277
Accrued compensation 20,428 17,841
Current portion of long-term debt 15,000 15,000
Current lease liabilities 89,881 87,324
Income and other taxes payable 11,545 12,097
Total current liabilities 381,857 363,996
Long-term debt, net 474,254 477,905
Deferred income tax liabilities, net 29,012 33,183
Long-term lease liabilities 1,262,635 1,229,473
Other long-term liabilities 3,155 2,879
Total liabilities 2,150,913 2,107,436
Commitments and contingencies (Note 9)
Stockholders' equity:    
Common stock, par value $0.001 per share, 500,000,000 shares authorized; 98,922,672 and 98,153,086 shares issued and outstanding, respectively 99 98
Series A preferred stock, par value $0.001 per share, 50,000,000 shares authorized; no shares issued and outstanding 0 0
Additional paid-in capital 830,802 827,048
Retained earnings (deficit) (23,805) 156,517
Total stockholders' equity 807,096 983,663
Total liabilities and stockholders' equity $ 2,958,009 $ 3,091,099