v3.26.3
Revenue from Contracts with Customers and Accounts Receivable (Tables)
9 Months Ended
Oct. 01, 2026
Revenue from Contract with Customer [Abstract]  
Summary of Revenue from Contracts with Customers

The following table summarizes revenue from contracts with customers for the three and nine months ended October 1, 2026 and September 25, 2025 (in millions):

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

October 1,
2026

 

 

September 25, 2025

 

 

October 1,
2026

 

 

September 25, 2025

 

Cinema advertising revenue

 

$

55.3

 

 

$

59.5

 

 

$

141.5

 

 

$

139.3

 

Office/residential advertising revenue

 

 

2.2

 

 

 

—

 

 

 

2.2

 

 

 

—

 

Other revenue

 

 

3.9

 

 

 

3.9

 

 

 

10.1

 

 

 

10.7

 

Total net revenue

 

$

61.4

 

 

$

63.4

 

 

$

153.8

 

 

$

150.0

 

Schedule of Allowance for Credit Losses The changes within the allowance for credit losses balances for the nine months ended October 1, 2026 and September 25, 2025, respectively, were as follows (in millions):

 

 

Nine Months Ended

 

 

October 1, 2026

 

 

September 25, 2025

 

 

Allowance for National
Advertiser Receivables

 

 

Allowance for Local/ Regional Advertiser Receivables

 

 

 

Allowance for Building
Subscription
 Receivables

 

 

Allowance for National
Advertiser Receivables

 

 

Allowance for Local/ Regional Advertiser Receivables

 

Balance at beginning of period

 

$

0.3

 

 

$

0.8

 

 

 

$

—

 

 

$

0.2

 

 

$

1.0

 

Provision for bad debt (1)

 

 

0.3

 

 

 

0.2

 

 

 

 

1.1

 

 

 

(0.1

)

 

 

0.3

 

Write-offs, net

 

 

—

 

 

 

(0.1

)

 

 

 

—

 

 

 

—

 

 

 

(0.3

)

Balance at end of period

 

$

0.6

 

 

$

0.9

 

 

 

$

1.1

 

 

$

0.1

 

 

$

1.0

 

 

(1) The 'Provision for bad debt' balance within the 'Allowance for National Advertiser Receivables' and the 'Allowance for Building Subscription Receivables' pools includes the addition of the allowance for credit losses balance for Captivate's acquired receivables as of the acquisition date of September 18, 2026 through the quarter ended October 1, 2026.