v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 27, 2026
Sep. 28, 2025
Operating activities:    
Net loss $ (15,745) $ (87,207)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 33,152 32,229
Non-cash lease termination and restaurant closure expenses 982 3,383
Stock-based compensation 3,277 4,348
Amortization of debt issuance costs and debt original issuance discounts 2,700 2,670
Deferred taxes   59,728
Loss on impairment of long-lived assets   3,386
Changes in operating assets and liabilities, net of acquisition:    
Accounts receivable 13,536 2,097
Inventory 477 2,730
Other current assets (472) (4,524)
Due from related parties   376
Security deposits 19 (164)
Other assets (12) (937)
Accounts payable 3,254 3,524
Accrued expenses (6,122) (3,645)
Operating lease liabilities and right-of-use assets 8,190 1,784
Other liabilities (1,442) (2,556)
Net cash provided by operating activities 41,794 17,222
Investing activities:    
Purchase of property and equipment (34,628) (44,172)
Acquisition related payments, net of cash acquired (618)  
Net cash used in investing activities (35,246) (44,172)
Financing activities:    
Borrowings of long-term debt 30,000 11,524
Repayments of long-term debt and financing lease liabilities (36,671) (5,027)
Tax-withholding obligation on stock-based compensation (444) (569)
Purchase of treasury stock   (1,106)
Net cash (used in) provided by financing activities (7,115) 4,822
Effect of exchange rate changes on cash (27) 100
Net change in cash and cash equivalents and restricted cash and cash equivalents (594) (22,028)
Cash and cash equivalents and restricted cash and cash equivalents, beginning of period 4,667 28,075
Cash and cash equivalents and restricted cash and cash equivalents, end of period 4,073 6,047
Supplemental disclosure of cash flow data:    
Interest paid, net of capitalized interest 26,692 27,992
Income taxes paid, net of refunds 1,020 931
Accrued purchases of property and equipment 10,935 $ 13,368
Non-cash borrowings of long-term debt for acquisition $ 194