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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 28, 2026
Jun. 29, 2025
Cash flows provided by operating activities:    
Net income $ 89,816 $ 70,268
(Loss) income from discontinued operations, net of tax 82 525
Net income from continuing operations 89,734 69,743
Adjustments to reconcile Net income from continuing operations to cash provided by operating activities of continuing operations:    
Depreciation and amortization 92,306 88,545
Amortization of deferred gift card sales commissions 11,640 11,767
Provision for impaired assets and restaurant closings 9,504 1,890
Stock-based compensation expense 6,229 3,632
Deferred income tax expense 0 1,055
Loss on foreign currency forward contracts 0 18,711
Loss from equity method investment, net of tax 1,042 3,097
Foreign currency translation gain on installment receivable from sale of business 0 (14,152)
Other, net 438 411
Change in assets and liabilities (44,476) (64,014)
Net cash provided by operating activities of continuing operations 166,417 120,685
Net cash (used in) provided by operating activities of discontinued operations (200) 2,443
Net cash provided by operating activities 166,217 123,128
Cash flows used in investing activities:    
Capital expenditures (69,187) (84,297)
Payments on foreign currency forward contracts 0 (12,436)
Cash received from sale, net of tax withheld and cash left in business 0 95,863
Other investments, net 341 1,290
Net cash (used in) provided by investing activities of continuing operations (68,846) 420
Net cash used in investing activities of discontinued operations 0 (1,623)
Net cash used in investing activities (68,846) (1,203)
Cash flows used in financing activities:    
Proceeds from borrowings on revolving credit facilities 405,000 770,000
Repayments of borrowings on revolving credit facilities (490,000) (860,000)
Repayments of finance lease obligations (1,403) (1,348)
Principal settlements and repurchase of convertible senior notes 0 (20,724)
Payments for retirement of warrants 0 (399)
Payments of taxes from share-based compensation, net (627) (610)
Distributions to noncontrolling interests (3,567) (3,451)
Contributions from noncontrolling interests 421 875
Cash dividends paid on common stock 0 (25,506)
Other 0 (100)
Net cash used in financing activities of continuing operations (90,176) (141,263)
Net cash used in financing activities of discontinued operations 0 (65)
Net cash used in financing activities (90,176) (141,328)
Effect of exchange rate changes on cash and cash equivalents (43) (345)
Net increase (decrease) in cash and cash equivalents 7,152 (19,748)
Cash and cash equivalents as of the beginning of the period 59,461 70,056
Cash and cash equivalents as of the end of the period 66,613 50,308
Supplemental disclosures of cash flow information:    
Cash paid for interest 23,162 29,134
Supplemental disclosures of non-cash activities:    
Capital expenditures included in current liabilities $ 25,216 $ 20,090