v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 28, 2026
Mar. 29, 2025
Net revenue:    
Total net revenue $ 484,441 $ 447,612
Operating expenses:    
Selling, general, and administrative expenses 131,811 124,659
Depreciation and amortization 21,331 20,311
Total operating expenses 417,001 392,855
Operating income 67,440 54,757
Other expenses, net:    
Interest expense, net 23,452 36,266
Foreign currency transaction loss (gain), net 8,930 (471)
Loss on debt extinguishment 1,820 0
Other expenses, net 34,202 35,795
Income before taxes from continuing operations 33,238 18,962
Income tax expense 9,407 5,454
Net income from continuing operations 23,831 13,508
Gain on sale of discontinued operations, net of tax 29,286 0
Net income (loss) from discontinued operations, net of tax 1,713 (3,582)
Net income $ 54,830 $ 9,926
Basic and Diluted (loss) earnings per share:    
Continuing Operations (in dollars per share) $ 0.14 $ 0.08
Discontinued Operations (in dollars per share) 0.19 (0.02)
Net basic earnings (loss) per share (in dollars per share) 0.33 0.06
Continuing Operations (in dollars per share) 0.14 0.08
Discontinued Operations (in dollars per share) 0.19 (0.02)
Net diluted earnings (loss) per share (in dollars per share) $ 0.33 $ 0.06
Weighted average shares outstanding    
Basic (in shares) 164,156 160,568
Diluted (in shares) 164,637 161,818
Franchise royalties and fees    
Net revenue:    
Total net revenue $ 47,263 $ 44,710
Company-operated store sales    
Net revenue:    
Total net revenue 337,132 314,131
Operating expenses:    
Operating expense 195,257 187,123
Advertising contributions    
Net revenue:    
Total net revenue 28,835 25,325
Operating expenses:    
Operating expense 28,835 25,325
Supply and other revenue    
Net revenue:    
Total net revenue 71,211 63,446
Operating expenses:    
Operating expense $ 39,767 $ 35,437