v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 3 Months Ended
Apr. 04, 2026
Mar. 29, 2025
Cash flows from operating activities:    
Net loss $ (180,322,000) $ (23,317,000)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation of property and equipment 24,920,000 24,977,000
Amortization of intangible and other assets 6,236,000 4,920,000
Amortization of debt issuance costs and debt discounts 228,000 228,000
Non-cash rent 463,000 2,163,000
Impairment of long-lived assets 645,000 1,728,000
Goodwill impairment 158,000,000 0
Share-based compensation 3,755,000 5,458,000
Provision for independent operator and other accounts receivable reserves 17,961,000 3,283,000
Deferred income taxes (4,171,000) (5,828,000)
Other 644,000 143,000
Changes in operating assets and liabilities:    
Independent operator and other accounts receivable (3,751,000) (2,627,000)
Merchandise inventories (5,148,000) 7,982,000
Prepaid expenses and other assets (160,000) 448,000
Income and other taxes payable (552,000) (12,000)
Trade accounts payable 22,475,000 16,916,000
Accrued and other liabilities 5,868,000 14,748,000
Accrued compensation 2,587,000 2,620,000
Operating lease liabilities 2,880,000 5,108,000
Net cash provided by operating activities 52,558,000 58,938,000
Cash flows from investing activities:    
Advances to independent operators (3,046,000) (4,329,000)
Repayments of advances from independent operators 778,000 931,000
Purchases of property and equipment (52,751,000) (60,452,000)
Investments in intangible assets and licenses (4,049,000) (4,834,000)
Net cash used in investing activities (59,068,000) (68,684,000)
Cash flows from financing activities:    
Proceeds from exercise of stock options 0 53,000
Proceeds from revolving credit facility 0 20,000,000
Principal payments on revolving credit facility 0 (20,000,000)
Principal payments on senior term loan due 2028 (3,750,000) (1,875,000)
Principal payments on finance leases (344,000) (350,000)
Net cash used in financing activities (4,094,000) (2,172,000)
Net decrease in cash and cash equivalents (10,604,000) (11,918,000)
Cash and cash equivalents at beginning of period 69,602,000 62,828,000
Cash and cash equivalents at end of period $ 58,998,000 $ 50,910,000