v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 28, 2026
Dec. 28, 2025
Current assets:    
Cash and cash equivalents $ 97.5 $ 128.2
Receivables, net 86.8 119.0
Restricted cash 52.8 51.5
Prepaid expenses 50.0 49.0
Other current assets 2.3 4.1
Total current assets 289.4 351.8
Intangible assets, net 524.0 534.1
Operating lease right-of-use assets 427.5 328.7
Goodwill 249.6 249.6
Property and equipment, net of accumulated depreciation and amortization of $330.4 (2026) and $317.9 (2025) 173.4 160.5
Long-term receivables, net of allowance 25.6 33.8
Non-current restricted cash 22.5 22.0
Other non-current assets, net 59.7 57.1
Total assets 1,771.7 1,737.7
Current liabilities:    
Accounts payable and other accrued liabilities 87.6 93.2
Gift card liability 158.1 182.7
Current portion of operating leases obligations 69.9 67.6
Current portion of finance leases 6.4 6.6
Dividends payable 2.6 2.5
Accrued interest payable 7.3 7.3
Deferred franchise revenue, short-term 5.1 5.6
Total current liabilities 337.0 365.6
Long-term debt, net 1,189.5 1,188.2
Operating lease obligations, less current portion 394.1 305.3
Finance lease obligations, less current portion 29.4 32.2
Deferred income taxes, net 50.1 51.2
Deferred franchise revenue, long-term 32.3 34.2
Other non-current liabilities 31.3 35.0
Total liabilities 2,063.7 2,011.5
Stockholders’ deficit:    
Preferred stock, $1 par value, 10,000,000 shares authorized; no shares issued and outstanding 0.0 0.0
Common stock, $0.01 par value; shares: 40,000,000 authorized; June 28, 2026 - 24,512,821 issued, 12,671,279 outstanding 0.2 0.2
Additional paid-in-capital 224.0 239.9
Retained earnings 181.9 175.1
Accumulated other comprehensive loss (0.1) (0.1)
Treasury stock, at cost; shares: June 28, 2026 - 11,841,542 (698.0) (689.1)
Total stockholders’ deficit (292.0) (273.9)
Total liabilities and stockholders’ deficit $ 1,771.7 $ 1,737.7