Receivables

6 Months Ended

Jun. 28, 2026

Total receivables balances at June 28, 2026 and December 28, 2025 were as follows:


Receivables	June 28, 2026		December 28, 2025
	(In millions)
Accounts receivable	$	67.7	$	75.2
Gift card receivables	10.5		33.3
Notes receivable	12.2		20.9

Leases receivable	21.9		24.8


Other receivables	7.8		4.9
	120.1		159.1
Less: allowance for doubtful accounts and notes receivable	(7.7)		(6.3)
	112.4		152.8
Less: current portion	(86.8)		(119.0)
Long-term receivables	$	25.6	$	33.8

Changes in the allowance for credit losses during the six months ended June 28, 2026 were as follows:



	Total
	(In millions)
Balance, December 28, 2025	$	6.3
Bad debt expense	1.8
Write-offs	(0.5)
Other	0.1

Balance, June 28, 2026	$	7.7

The $1.8 million of bad debt expense recorded for the six months ended June 28, 2026 is primarily attributable to accounts receivable. The Company's primary credit quality indicator for all portfolio segments is delinquency.

The year of origination of the Company's notes and financing receivables at June 28, 2026 is as follows:



	Notes receivable, short- and long-term		Leases Receivables		Total
	(In millions)
2026	$	1.2	$	—	$	1.2
2025	3.5		1.3		4.8
2024	6.5		1.8		8.3
2023	0.8		3.1		3.9
2022	0.2		7.2		7.4
Prior	—		8.5		8.5
Total	$	12.2	$	21.9	$	34.1