Equity |
3 Months Ended |
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Mar. 30, 2026 | |
| Limited Partners' Capital Account [Line Items] | |
| Stockholder’s Equity | Stockholder’s Equity The Corporation is authorized to issue 1,000 shares of common stock, par value $0.01 per share. On October 8, 2025, 1,000 shares of common stock were issued for future cash consideration of $10 which was not received as of the date of formation. The purchase of the shares was not cash funded, therefore there is a $10 contra-equity receivable on the balance sheet.
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| Suja Life Holdings, L.P. | |
| Limited Partners' Capital Account [Line Items] | |
| Stockholder’s Equity | Equity Under the terms of the Limited Partnership Agreement (or “LP Agreement”) adopted on August 23, 2021, as amended on February 20, 2024, each partner’s interest in the Company, including such interest in allocations of profits, losses, and distributions of the Company as well as the right to consent to or approve certain matters as provided in the LP Agreement, shall be represented by the units owned by such Partner. The total units which the Company has authority to issue shall be determined by the Board from time to time and consists of an unlimited number of Class A Units, an unlimited number of Class B Units, an unlimited number of Class C Units, 4,840 Class D Units, an unlimited number of Class E Units, an unlimited number of Class F Units, (collectively, the “Units”). The following is a summary of the Company’s capital accounts as set forth in the LP Agreement: Class A Units The Company issued 190,698 Class A Units at the adoption of the LP Agreement which included 188,698 Class A Units issued to funds controlled by PSP and 2,000 Class A Units issued to certain sellers of Suja. All issued Units were that of the partnership and therefore, no non-controlling interests was established. On November 15, 2021, the Company entered into a purchase agreement with a third party to sell 19,636 Class A Units for $19,636 thousand plus $364 thousand of transaction cost reimbursement for a total of $20,000 thousand. PSP sold 10.3% ownership of the Company and continued to maintain control of the Company with 88.5% ownership. Upon the closing of the Company’s acquisition of Vive, Suja issued 32,183 units of Class A Units to Vive share holders to partially fund the acquisition, resulting in a 14.4% ownership. PSP continued to maintain control of the Company with 75.8% ownership. Class B Incentive Units The Company had 18,680 Class B Units issued as of March 30, 2026 and as of December 29, 2025, of which 8,987 were time-based units and 9,693 were performance-based units. Vested Class B Units totaled 7,133 as of March 30, 2026 and December 29, 2025. There were no additional issuances of Class B Units in the three months ended March 30, 2026. Class C Incentive Units The Company had 200 Class C Units issued as of March 30, 2026 and December 29, 2025, all of which are fully vested. Class D Incentive Units The Company had 4,840 Class D performance-based incentive units issued as of March 30, 2026 and December 29, 2025, all of which are fully vested. Class E Incentive Units On February 20, 2024, the Company issued 1,434 Class E incentive units to a senior member of management, of which 717 were time-based units and 717 were performance-based units. Vested Class E Units totaled 429 and 286, as of the March 30, 2026 and December 29, 2025, respectively. Class F Incentive Units On February 20, 2024, the Company issued 1,000 Class F incentive units to a senior member of management, of which all were performance-based units. No Class F Units are considered vested as of March 30, 2026 and December 29, 2025.
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