v3.26.1
Restatement of Previously Issued Consolidated Financial Statements - Cash Flows Statement Restatement (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Dec. 27, 2025
Sep. 27, 2025
Jun. 28, 2025
Mar. 29, 2025
Dec. 28, 2024
Sep. 28, 2024
Jun. 29, 2024
Mar. 30, 2024
Jun. 28, 2025
Jun. 29, 2024
Sep. 27, 2025
Sep. 28, 2024
Dec. 27, 2025
Dec. 28, 2024
Dec. 30, 2023
Error Corrections and Prior Period Adjustments Restatement [Line Items]                              
Net income (loss) $ 21,184 $ 55,008 $ 54,044 $ 9,926 $ (306,813) $ (18,206) $ 21,626 $ 5,940 $ 63,970 $ 27,566 $ 118,978 $ 9,360 $ 140,162 $ (297,453) $ (798,931)
Adjustments to reconcile net income to net cash provided by operating activities:                              
Depreciation and amortization       35,744       43,404 71,081 88,376 106,307 132,126 134,432 181,409 174,859
Goodwill impairment                         28,317 0 850,970
Share-based compensation expense       12,310       12,248 23,022 25,087 26,112 38,577 32,276 52,096 20,288
(Gain) loss on foreign denominated transactions       (373)       7,574 (13,343) 9,923 (17,273) 9,045 (23,063) 25,126 (2,022)
Loss (gain) on foreign currency derivatives       (98)       (3,120) 4,213 (4,422) 2,471 (2,958) 8,347 (7,605) (1,970)
(Gain) loss on sale and disposal of businesses, fixed assets, and sale leaseback transactions       6,551       (16,963) (49,535) 9,930 (33,468) 28,948 (28,048) 26,684 14,628
Reclassification of interest rate hedge to income       (514)       (519) (1,033) (1,044) (5,980) (1,560) (6,157) (2,094) (2,077)
Bad debt expense       4,482       2,523 9,271 2,807 13,227 7,426 18,722 8,963 10,690
Asset impairment charges and lease terminations       9,982       19,326 24,575 2,058 26,345 15,008 28,939 389,242 132,903
Amortization of deferred financing costs and bond discounts       3,089       1,954 6,206 4,933 7,441 7,240 9,736 9,759 10,307
Amortization of cloud computing       1,881       1,943 5,829 3,610 13,312 6,463 17,696 10,825 2,675
Benefit for deferred income taxes       6,172       (2,759) 11,347 (367) (18,117) 9,527 (20,381) (56,484) (138,116)
Loss on extinguishment of debt   4,549       205         4,549 205 5,392 205 0
Other, net       (11,105)       9,088 (5,003) 6,554 (5,140) 5,289 3,887 (3,918) 22,995
Changes in operating assets and liabilities, net of acquisitions:                              
Accounts and notes receivable, net       (27,425)       (16,481) (44,295) (44,745) (28,112) (34,702) (12,088) (37,572) 17,260
Inventory       1,086       (737) 1,840 4,144 2,993 (4,047) (1,475) (2,332) (3,770)
Prepaid and other assets       (3,756)       (4,777) (3,162) 7,003 3,171 6,204 (24,962) 2,987 (5,499)
Advertising fund assets and liabilities, restricted       (4,091)       7,650 (11,599) (12,220) (14,845) (4,209) 771 (6,118) (10,847)
Other assets       (50)       (33,300) 150 (47,699) (17,465) (63,015) (21,403) (77,243) (39,814)
Deferred commissions       69       (331) 303 (428) (343) 642 (578) 934 418
Deferred revenue       (25)       2,107 (934) 1,419 (1,449) 1,696 (1,543) 1,280 2,068
Accounts payable       22,972       19,649 29,874 22,426 578 25,404 604 24,559 17,997
Accrued expenses and other liabilities       16,418       136 10,140 (1,809) 35,807 23,232 30,271 13,627 (45,313)
Income tax receivable       (6,911)       5,053 686 (1,417) 3,865 (8,951) (6,311) (12,923) (1,131)
Cash provided by operating activities       76,334       59,608 150,603 101,685 239,964 206,950 330,543 243,954 228,568
Cash flows from investing activities:                              
Capital expenditures       (67,764)       (89,483) (124,641) (155,920) (168,350) (222,503) (222,774) (288,635) (596,478)
Cash used in business acquisitions, net of cash acquired               (2,024) (6,034) (2,759) (8,112) (2,759) (11,253) (2,990) (59,574)
Proceeds from sale leaseback transactions       8,696       4,550 22,810 11,808 35,279 17,944 73,099 51,371 194,658
Proceeds from sale or disposal of businesses and fixed assets, net of cash sold       12,332       52,677 266,133 112,845 274,797 255,548 280,654 290,329 9,987
Cash provided by (used in) investing activities       (46,736)       (34,280) 158,268 (34,026) 246,614 48,230 232,726 50,075 (451,407)
Cash flows from financing activities:                              
Payment of debt extinguishment and issuance costs       (1,414)         (1,414) (871) (1,414) (9,646) (10,489) (9,646) 0
Proceeds from the issuance of long-term debt                       274,794 500,000 274,794 0
Repayment of long-term debt       (32,418)       (7,616) (305,446) (34,005) (370,915) (422,492) (994,584) (465,443) (27,971)
Proceeds from revolving lines of credit and short-term debt       33,000       46,000 65,000 46,000 121,000 46,000 282,000 46,000 378,000
Repayment of revolving lines of credit and short-term debt       (43,000)       (46,000) (75,000) (71,000) (236,000) (71,000) (332,000) (104,000) (130,000)
Repayment of principal portion of finance lease liability       (2,017)       (1,032) (3,140) (2,625) (4,681)   (5,506) (5,028) (5,570)
Share repurchases                   (2)     0 0 (49,956)
Payment of Tax Receivable Agreement               (24,718)   (38,362)   (38,374) 0 (38,374) 0
Acquisition of non-controlling interest                   (644)   (644) 0 (644) 0
Tax obligations for share-based compensation       (2,582)         (2,582) (980) (3,907)   (4,394) (1,593) 0
Stock option exercises                     0   0 0 6,117
Other, net                     0 (998) 0 0 (326)
Cash (used in) provided by financing activities       (48,431)       (33,366) (322,582) (102,489) (495,917) (227,420) (564,973) (303,934) 170,294
Effect of exchange rate changes on cash       1,549       1,133 5,464 (1,615) 4,709 71 5,654 (4,103) 484
Net change in cash, cash equivalents, restricted cash, and cash included in advertising fund assets, restricted       (17,284)       (6,905) (8,247) (36,445) (4,630) 27,831 3,950 (14,008) (52,061)
Cash and cash equivalents, beginning of period 134,772 133,079 125,255 141,810 178,058 122,239 144,082 155,912 141,810 155,912 141,810 155,912 141,810 155,912 213,504
Cash included in advertising fund assets, restricted, beginning of period 41,361 39,438 38,227 38,930 40,465 32,008 43,462 38,537 38,930 38,537 38,930 38,537 38,930 38,537 32,871
Restricted cash from continuing operations, beginning of period 335 334 332 358 4,414 4,414 657 657 358 657 358 657 358 657 792
Cash, cash equivalents, restricted cash, and cash included in advertising fund assets, restricted, beginning of period 176,468 172,851 163,814 181,098 222,937 158,661 188,201 195,106 181,098 195,106 181,098 195,106 181,098 195,106 247,167
Cash and cash equivalents, end of period   134,772 133,079 125,255 141,810 178,058 122,239 144,082 133,079 122,239 134,772 178,058   141,810 155,912
Cash included in advertising fund assets, restricted, end of period 52,204 41,361 39,438 38,227 38,930 40,465 32,008 43,462 39,438 32,008 41,361 40,465 52,204 38,930 38,537
Restricted cash from continuing operations, end of period 162 335 334 332 358 4,414 4,414 657 334 4,414 335 4,414 162 358 657
Cash, cash equivalents, restricted cash, and cash included in advertising fund assets, restricted, end of period 185,048 176,468 172,851 163,814 181,098 222,937 158,661 188,201 172,851 158,661 176,468 222,937 185,048 181,098 195,106
Supplemental cash flow disclosures - non-cash items:                              
Capital expenditures included in accrued expenses and other liabilities       10,260         5,468   5,143 13,546 3,786 16,353 33,695
Deferred consideration included in accrued expenses and other liabilities                         977 1,596 3,311
Proceeds from sale of fixed assets included in accounts and notes receivable, net                         0 8,813 0
Supplemental cash flow disclosures - cash paid for:                              
Interest                         120,769 147,748 156,083
Income taxes                         24,853 37,144 22,947
As Previously Reported                              
Error Corrections and Prior Period Adjustments Restatement [Line Items]                              
Net income (loss)   60,862 47,564 5,506   (14,947) 30,159 4,261 53,070 34,420 113,932 19,473   (292,496) (744,962)
Adjustments to reconcile net income to net cash provided by operating activities:                              
Depreciation and amortization       35,355       43,229 70,281 87,862 105,109 131,219   180,112 175,296
Goodwill impairment                             850,970
Share-based compensation expense       11,788       11,861 23,078 22,843 28,269 35,641   48,139 15,300
(Gain) loss on foreign denominated transactions       (132)       7,574 (17,630) 9,923 (21,560) 8,744   29,413 (2,022)
Loss (gain) on foreign currency derivatives       342       (3,253) 5,643 (4,921) 4,154 (2,977)   (9,174) (1,056)
(Gain) loss on sale and disposal of businesses, fixed assets, and sale leaseback transactions       12,933       (12,913) (27,694) 13,406 (21,560) 32,998   35,722 4,909
Reclassification of interest rate hedge to income       (514)       (519) (1,033) (1,044) (5,980) (1,560)   (2,094) (2,077)
Bad debt expense       4,510       2,070 9,293 1,738 13,275 5,759   6,672 1,938
Asset impairment charges and lease terminations       5,813       19,326 18,460 2,058 19,747 15,008   389,242 132,903
Amortization of deferred financing costs and bond discounts       3,089       1,954 6,206 4,933 7,441 7,240   9,759 10,307
Amortization of cloud computing       1,881       1,345 9,136 2,414 15,190 3,436   8,270 1,923
Benefit for deferred income taxes       4,540       (2,807) 2,215 5,036 (36,628) 13,571   (66,594) (125,804)
Loss on extinguishment of debt   4,549       205         4,549 205   205  
Other, net       (6,985)       10,669 (3,631) 7,322 (2,500) 3,219   (22,648) 22,320
Changes in operating assets and liabilities, net of acquisitions:                              
Accounts and notes receivable, net       (26,449)       (17,351) (40,742) (47,245) (30,866) (37,752)   (48,190) 13,561
Inventory       3,310       (1,005) 773 11,310 2,657 1,337   2,618 (11,731)
Prepaid and other assets       (5,079)       (4,270) (6,322) 7,986 2,242 7,648   3,467 (6,877)
Advertising fund assets and liabilities, restricted       (4,091)       7,650 (11,599) (12,220) (14,845) (4,209)   (5,031) (16,861)
Other assets       (2,584)       (33,300) (104) (47,699) (18,210) (63,015)   (85,491) (39,814)
Deferred commissions       69       (331) 303 (428) (343) 642   934 418
Deferred revenue       (255)       1,659 (1,164) 971 (1,679) 1,248   832 1,937
Accounts payable       20,847       14,165 28,707 3,968 (533) 11,504   29,397 7,390
Accrued expenses and other liabilities       18,122       6,293 22,661 8,022 39,296 27,359   17,588 (52,854)
Income tax receivable       (6,885)       3,976 (1,380) (3,431) 16,588 (8,230)   10,795 53
Cash provided by operating activities       75,131       60,283 155,527 107,224 234,745 208,508   241,447 235,167
Cash flows from investing activities:                              
Capital expenditures       (56,227)       (89,483) (127,622) (155,920) (167,384) (219,307)   (288,504) (596,478)
Cash used in business acquisitions, net of cash acquired               (2,024) (6,034) (2,759) (8,112) (2,759)   (2,990) (59,574)
Proceeds from sale leaseback transactions       8,696       4,550 22,810 11,808 35,279 17,944   51,371 194,658
Proceeds from sale or disposal of businesses and fixed assets, net of cash sold       3,519       52,677 268,398 112,845 277,062 255,548   299,142 9,987
Cash provided by (used in) investing activities       (44,012)       (34,280) 157,552 (34,026) 249,845 51,426   59,019 (451,407)
Cash flows from financing activities:                              
Payment of debt extinguishment and issuance costs       (1,414)         (1,414) (871) (1,414) (9,646)   (9,646)  
Proceeds from the issuance of long-term debt                       274,794   274,794  
Repayment of long-term debt       (32,418)       (7,616) (305,446) (34,005) (370,915) (422,492)   (465,443) (27,971)
Proceeds from revolving lines of credit and short-term debt       33,000       46,000 65,000 46,000 121,000 46,000   46,000 378,000
Repayment of revolving lines of credit and short-term debt       (43,000)       (46,000) (75,000) (71,000) (236,000) (71,000)   (104,000) (130,000)
Repayment of principal portion of finance lease liability       (1,353)       (886) (2,440) (2,199) (3,581)     (3,931) (5,165)
Share repurchases                   (2)         (49,956)
Payment of Tax Receivable Agreement               (24,718)   (38,362)   (38,374)   (38,374)  
Acquisition of non-controlling interest                   (644)   (644)   (644)  
Tax obligations for share-based compensation       (2,582)         (2,582) (980) (3,907)     (1,593)  
Stock option exercises                     0       6,117
Other, net                     0 (998)     (326)
Cash (used in) provided by financing activities       (47,767)       (33,220) (321,882) (102,063) (494,817) (226,661)   (302,837) 170,699
Effect of exchange rate changes on cash       1,549       1,133 5,464 (1,615) 4,709 71   (4,103) 484
Net change in cash, cash equivalents, restricted cash, and cash included in advertising fund assets, restricted       (15,099)       (6,084) (3,339) (30,480) (5,518) 33,344   (6,474) (45,057)
Cash and cash equivalents, beginning of period 162,028 166,131 155,584 169,954 204,181 148,814 165,513 176,522 169,954 176,522 169,954 176,522 169,954 176,522 227,110
Cash included in advertising fund assets, restricted, beginning of period 41,361 39,438 38,227 38,930 40,465 32,008 43,462 38,537 38,930 38,537 38,930 38,537 38,930 38,537 32,871
Restricted cash from continuing operations, beginning of period 335 334 332 358 4,414 4,414 657 657 358 657 358 657 358 657 792
Cash, cash equivalents, restricted cash, and cash included in advertising fund assets, restricted, beginning of period 203,724 205,903 194,143 209,242 249,060 185,236 209,632 215,716 209,242 215,716 209,242 215,716 209,242 215,716 260,773
Cash and cash equivalents, end of period   162,028 166,131 155,584 169,954 204,181 148,814 165,513 166,131 148,814 162,028 204,181   169,954 176,522
Cash included in advertising fund assets, restricted, end of period   41,361 39,438 38,227 38,930 40,465 32,008 43,462 39,438 32,008 41,361 40,465   38,930 38,537
Restricted cash from continuing operations, end of period   335 334 332 358 4,414 4,414 657 334 4,414 335 4,414   358 657
Cash, cash equivalents, restricted cash, and cash included in advertising fund assets, restricted, end of period   203,724 205,903 194,143 209,242 249,060 185,236 209,632 205,903 185,236 203,724 249,060   209,242 215,716
Supplemental cash flow disclosures - non-cash items:                              
Capital expenditures included in accrued expenses and other liabilities       8,092         6,418   5,745 16,742   16,484 33,695
Deferred consideration included in accrued expenses and other liabilities                           1,596 3,311
Proceeds from sale of fixed assets included in accounts and notes receivable, net                           0  
Supplemental cash flow disclosures - cash paid for:                              
Interest                           147,748 156,083
Income taxes                           37,144 22,947
Restatement Impacts                              
Error Corrections and Prior Period Adjustments Restatement [Line Items]                              
Net income (loss)   (5,854) 6,480 4,420   (3,259) (8,533) 1,679 10,900 (6,854) 5,046 (10,113)   (4,957) (53,969)
Adjustments to reconcile net income to net cash provided by operating activities:                              
Depreciation and amortization       389       175 800 514 1,198 907   1,297 (437)
Goodwill impairment                             0
Share-based compensation expense       522       387 (56) 2,244 (2,157) 2,936   3,957 4,988
(Gain) loss on foreign denominated transactions       (241)       0 4,287 0 4,287 301   (4,287) 0
Loss (gain) on foreign currency derivatives       (440)       133 (1,430) 499 (1,683) 19   1,569 (914)
(Gain) loss on sale and disposal of businesses, fixed assets, and sale leaseback transactions       (6,382)       (4,050) (21,841) (3,476) (11,908) (4,050)   (9,038) 9,719
Reclassification of interest rate hedge to income       0       0 0 0 0 0   0 0
Bad debt expense       (28)       453 (22) 1,069 (48) 1,667   2,291 8,752
Asset impairment charges and lease terminations       4,169       0 6,115 0 6,598 0   0 0
Amortization of deferred financing costs and bond discounts       0       0 0 0 0 0   0 0
Amortization of cloud computing       0       598 (3,307) 1,196 (1,878) 3,027   2,555 752
Benefit for deferred income taxes       1,632       48 9,132 (5,403) 18,511 (4,044)   10,110 (12,312)
Loss on extinguishment of debt   0       0         0 0   0  
Other, net       (4,120)       (1,581) (1,372) (768) (2,640) 2,070   18,730 675
Changes in operating assets and liabilities, net of acquisitions:                              
Accounts and notes receivable, net       (976)       870 (3,553) 2,500 2,754 3,050   10,618 3,699
Inventory       (2,224)       268 1,067 (7,166) 336 (5,384)   (4,950) 7,961
Prepaid and other assets       1,323       (507) 3,160 (983) 929 (1,444)   (480) 1,378
Advertising fund assets and liabilities, restricted       0       0 0 0 0 0   (1,087) 6,014
Other assets       2,534       0 254 0 745 0   8,248 0
Deferred commissions       0       0 0 0 0 0   0 0
Deferred revenue       230       448 230 448 230 448   448 131
Accounts payable       2,125       5,484 1,167 18,458 1,111 13,900   (4,838) 10,607
Accrued expenses and other liabilities       (1,704)       (6,157) (12,521) (9,831) (3,489) (4,127)   (3,961) 7,541
Income tax receivable       (26)       1,077 2,066 2,014 (12,723) (721)   (23,718) (1,184)
Cash provided by operating activities       1,203       (675) (4,924) (5,539) 5,219 (1,558)   2,507 (6,599)
Cash flows from investing activities:                              
Capital expenditures       (11,537)       0 2,981 0 (966) (3,196)   (131) 0
Cash used in business acquisitions, net of cash acquired               0 0 0 0 0   0 0
Proceeds from sale leaseback transactions       0       0 0 0 0 0   0 0
Proceeds from sale or disposal of businesses and fixed assets, net of cash sold       8,813       0 (2,265) 0 (2,265) 0   (8,813) 0
Cash provided by (used in) investing activities       (2,724)       0 716 0 (3,231) (3,196)   (8,944) 0
Cash flows from financing activities:                              
Payment of debt extinguishment and issuance costs       0         0 0 0 0   0  
Proceeds from the issuance of long-term debt                       0   0  
Repayment of long-term debt       0       0 0 0 0 0   0 0
Proceeds from revolving lines of credit and short-term debt       0       0 0 0 0 0   0 0
Repayment of revolving lines of credit and short-term debt       0       0 0 0 0 0   0 0
Repayment of principal portion of finance lease liability       (664)       (146) (700) (426) (1,100)     (1,097) (405)
Share repurchases                   0         0
Payment of Tax Receivable Agreement               0   0   0   0  
Acquisition of non-controlling interest                   0   0   0  
Tax obligations for share-based compensation       0         0 0 0     0  
Stock option exercises                     0       0
Other, net                     0 0     0
Cash (used in) provided by financing activities       (664)       (146) (700) (426) (1,100) (759)   (1,097) (405)
Effect of exchange rate changes on cash       0       0 0 0 0 0   0 0
Net change in cash, cash equivalents, restricted cash, and cash included in advertising fund assets, restricted       (2,185)       (821) (4,908) (5,965) 888 (5,513)   (7,534) (7,004)
Cash and cash equivalents, beginning of period (27,256) (33,052) (30,329) (28,144) (26,123) (26,575) (21,431) (20,610) (28,144) (20,610) (28,144) (20,610) (28,144) (20,610) (13,606)
Cash included in advertising fund assets, restricted, beginning of period 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Restricted cash from continuing operations, beginning of period 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Cash, cash equivalents, restricted cash, and cash included in advertising fund assets, restricted, beginning of period $ (27,256) (33,052) (30,329) (28,144) (26,123) (26,575) (21,431) (20,610) (28,144) (20,610) (28,144) (20,610) $ (28,144) (20,610) (13,606)
Cash and cash equivalents, end of period   (27,256) (33,052) (30,329) (28,144) (26,123) (26,575) (21,431) (33,052) (26,575) (27,256) (26,123)   (28,144) (20,610)
Cash included in advertising fund assets, restricted, end of period   0 0 0 0 0 0 0 0 0 0 0   0 0
Restricted cash from continuing operations, end of period   0 0 0 0 0 0 0 0 0 0 0   0 0
Cash, cash equivalents, restricted cash, and cash included in advertising fund assets, restricted, end of period   $ (27,256) $ (33,052) (30,329) $ (28,144) $ (26,123) $ (26,575) $ (21,431) (33,052) $ (26,575) (27,256) (26,123)   (28,144) (20,610)
Supplemental cash flow disclosures - non-cash items:                              
Capital expenditures included in accrued expenses and other liabilities       $ 2,168         $ (950)   $ (602) $ (3,196)   (131) 0
Deferred consideration included in accrued expenses and other liabilities                           0 0
Proceeds from sale of fixed assets included in accounts and notes receivable, net                           8,813  
Supplemental cash flow disclosures - cash paid for:                              
Interest                           0 0
Income taxes                           $ 0 $ 0