Supplemental Balance Sheet Information (Tables)
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9 Months Ended |
Sep. 27, 2026 |
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| Supplemental Balance Sheet Information [Abstract] |
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| Schedule of Other Current Assets |
Other current assets, net, consisted of the following as of the periods indicated: | | | | | | | | | | | | | | | (dollars in thousands) | SEPTEMBER 27, 2026 | | DECEMBER 28, 2025 | | | | Prepaid expenses | $ | 21,854 | | | $ | 24,018 | | | | | Accounts receivable - gift cards, net | 9,763 | | | 71,232 | | | | | Accounts receivable - vendors, net | 12,654 | | | 19,495 | | | | | Accounts receivable - franchisees, net | 3,492 | | | 3,603 | | | | | Accounts receivable - other, net | 11,691 | | | 7,886 | | | | | Deferred gift card sales commissions | 11,731 | | | 17,155 | | | | | Other current assets, net | 5,973 | | | 5,302 | | | | | $ | 77,158 | | | $ | 148,691 | | | |
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| Schedule of Accrued and Other Current Liabilities |
Accrued and other current liabilities consisted of the following as of the periods indicated: | | | | | | | | | | | | | (dollars in thousands) | SEPTEMBER 27, 2026 | | DECEMBER 28, 2025 | | Accrued payroll and other compensation | $ | 52,235 | | | $ | 79,436 | | | Accrued sales and other taxes | 35,201 | | | 31,848 | | | Accrued insurance | 28,914 | | | 22,733 | | | Other current liabilities | 51,788 | | | 52,239 | | | $ | 168,138 | | | $ | 186,256 | |
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| Schedule of Long-Term Debt, Net |
Long-term debt, net, consisted of the following as of the periods indicated: | | | | | | | | | | | | | | | | | | | | | | | | | SEPTEMBER 27, 2026 | | DECEMBER 28, 2025 | | (dollars in thousands) | OUTSTANDING BALANCE | | INTEREST RATE | | OUTSTANDING BALANCE | | INTEREST RATE | | Senior secured credit facility - revolving credit facility (1) | $ | 470,000 | | | 5.96 | % | | $ | 490,000 | | | 6.09 | % | | | | | | | | | | 2029 Notes | 300,000 | | | 5.13 | % | | 300,000 | | | 5.13 | % | | Long-term debt | 770,000 | | | | | 790,000 | | | | | Less: unamortized debt discount and issuance costs | (2,028) | | | | | (2,575) | | | | | Long-term debt, net | $ | 767,972 | | | | | $ | 787,425 | | | |
________________(1)Interest rate represents the weighted average interest rate as of the respective periods.
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| Schedule of Interest Rate Options, Senior Secured Credit Facility |
The interest rate spreads are as follows: | | | | | | | | | | | | | BASE RATE ELECTION | | TERM SOFR ELECTION | | Revolving credit facility | 50 to 150 basis points over the Base Rate | | 150 to 250 basis points over the Term SOFR | | | | |
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| Schedule of Maturities of Long-Term Debt |
Following is a summary of principal payments of the Company’s total consolidated debt outstanding as of September 27, 2026: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | PERIOD | | | | | | (dollars in thousands) | YEAR 1 | | YEAR 2 | | YEAR 3 | | YEAR 4 | | YEAR 5 | | THEREAFTER | | TOTAL | | Debt repayments | $ | — | | | $ | — | | | $ | 300,000 | | | $ | — | | | $ | 470,000 | | | $ | — | | | $ | 770,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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