v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jul. 04, 2026
Jan. 03, 2026
Current assets:    
Cash and cash equivalents $ 173,706 $ 133,205
Accounts receivable, net 114,312 118,523
Prepaid expenses and other current assets 54,038 106,291
Total current assets 342,056 358,019
Property and equipment, net of accumulated depreciation of 608,539 and 582,808 391,559 417,789
Goodwill 692,405 964,829
Intangible assets, net of accumulated amortization of 161,585 and 157,437 416,774 420,922
Operating lease right-of-use assets 1,474,434 1,500,786
Other assets 86,339 85,545
Total assets 3,403,567 3,747,890
Current liabilities:    
Accounts payable and accrued liabilities 174,793 163,312
Current portion of long-term debt 9,620 9,620
Operating lease liabilities-current 162,938 146,594
Deferred revenue 54,875 49,577
Other current liabilities 56,893 115,762
Total current liabilities 459,119 484,865
Long-term debt, net 916,097 917,925
Operating lease liabilities-long-term 1,421,301 1,447,524
Deferred income taxes, net 34,585 35,454
Other long-term liabilities 106,278 106,860
Total liabilities 2,937,380 2,992,628
Commitments and contingencies (Note 15)
Shareholders' equity:    
Preferred stock, par value $0.01; 25,000 shares authorized; no shares issued and outstanding as of July 4, 2026 and January 3, 2026 0 0
Common stock, par value $0.01; 750,000 shares authorized; 118,517 shares issued and outstanding as of July 4, 2026 and 118,340 shares issued and outstanding as of January 3, 2026 1,185 1,183
Additional paid-in capital 845,332 841,301
Retained deficit (381,221) (82,619)
Accumulated other comprehensive income (loss) 891 (4,603)
Total shareholders' equity 466,187 755,262
Total liabilities and shareholders' equity $ 3,403,567 $ 3,747,890