v3.26.1
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 27, 2026
Dec. 27, 2025
Current assets:    
Cash and cash equivalents $ 183,947 $ 102,938
Restricted cash 100 162
Accounts and notes receivable, net 155,245 131,958
Inventory 52,087 52,375
Prepaid and other assets 30,302 50,103
Income tax receivable 48,447 49,266
Advertising fund assets, restricted 72,298 60,826
Assets held for sale 11,522 31,233
Current assets of discontinued operations 0 61,993
Total current assets 553,948 540,854
Other assets 113,264 114,657
Property and equipment, net 496,273 471,804
Operating lease right-of-use assets 548,477 513,458
Deferred commissions 7,824 7,824
Intangibles, net 606,309 617,849
Goodwill 1,209,228 1,218,002
Deferred tax assets 3,917 3,982
Non-current assets of discontinued operations 0 671,490
Total assets 3,539,240 4,159,920
Current liabilities:    
Accounts payable 128,468 93,029
Accrued expenses and other liabilities 166,879 198,759
Income tax payable 2,226 2,652
Current portion of long-term debt 26,243 276,691
Tax receivable agreement payable 29,656 56,211
Advertising fund liabilities 23,258 24,670
Current liabilities of discontinued operations 0 73,795
Total current liabilities 376,730 725,807
Long-term debt 1,658,932 1,882,783
Deferred tax liabilities 26,438 13,554
Operating lease liabilities 535,268 501,506
Tax receivable agreement payable 78,615 73,084
Deferred revenue 29,872 30,365
Long-term accrued expenses and other liabilities 94 0
Non-current liabilities of discontinued operations 0 165,619
Total liabilities 2,705,949 3,392,718
Preferred Stock $0.01 par value; 100,000,000 shares authorized; none issued or outstanding 0 0
Common stock, $0.01 par value, 900,000,000 shares authorized: and 164,979,816 and 164,531,712 shares issued and outstanding; respectively 1,650 1,645
Additional paid-in capital 1,745,494 1,736,416
Accumulated deficit (864,131) (953,208)
Accumulated other comprehensive loss (49,722) (17,651)
Total shareholders’ equity 833,291 767,202
Total liabilities and shareholders' equity $ 3,539,240 $ 4,159,920