v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 27, 2026
Jun. 28, 2025
Jun. 27, 2026
Jun. 28, 2025
Net revenue:        
Total net revenue $ 507,416 $ 475,213 $ 991,857 $ 922,825
Operating expenses:        
Selling, general, and administrative expenses 129,704 150,520 261,515 275,179
Depreciation and amortization 22,157 19,129 43,488 39,440
Total operating expenses 434,366 428,164 851,367 821,019
Operating income 73,050 47,049 140,490 101,806
Other expenses, net:        
Interest expense, net 20,791 31,146 44,243 67,412
Foreign currency transaction loss (gain), net 1,212 (8,659) 10,142 (9,130)
Loss on debt extinguishment 0 0 1,820 0
Other expenses, net 22,003 22,487 56,205 58,282
Income before taxes from continuing operations 51,047 24,562 84,285 43,524
Income tax expense 13,773 8,130 23,180 13,584
Net income from continuing operations 37,274 16,432 61,105 29,940
(Loss) gain on sale of discontinued operations, net of tax (3,027) 38,948 26,259 38,948
Net (loss) income from discontinued operations, net of tax 0 (1,336) 1,713 (4,918)
Net income $ 34,247 $ 54,044 $ 89,077 $ 63,970
Basic and Diluted earnings per share:        
Continuing Operations (in dollars per share) $ 0.23 $ 0.10 $ 0.37 $ 0.18
Discontinued Operations (in dollars per share) (0.02) 0.23 0.17 0.21
Net basic earnings per share (in dollars per share) 0.21 0.33 0.54 0.39
Continuing Operations (in dollars per share) 0.23 0.10 0.37 0.18
Discontinued Operations (in dollars per share) (0.02) 0.23 0.17 0.21
Net diluted earnings per share (in dollars per share) $ 0.21 $ 0.33 $ 0.54 $ 0.39
Weighted average shares outstanding        
Basic (in shares) 164,481 162,833 164,319 161,701
Diluted (in shares) 164,936 164,150 164,774 162,984
Franchise royalties and fees        
Net revenue:        
Total net revenue $ 51,662 $ 49,180 $ 98,925 $ 93,890
Company-operated store sales        
Net revenue:        
Total net revenue 352,604 333,280 689,736 647,411
Operating expenses:        
Operating expense 208,643 192,322 403,900 379,445
Advertising contributions        
Net revenue:        
Total net revenue 30,098 27,041 58,933 52,366
Operating expenses:        
Operating expense 30,098 27,040 58,933 52,365
Supply and other revenue        
Net revenue:        
Total net revenue 73,052 65,712 144,263 129,158
Operating expenses:        
Operating expense $ 43,764 $ 39,153 $ 83,531 $ 74,590