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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 29, 2024
Dec. 31, 2023
Cash flows from operating activities    
Net loss $ (189,847) $ (90,110)
Adjustments to reconcile net loss to net cash used in operations:    
Deferred income taxes (5,032) (8,376)
Net loss on extinguishment of debt 1,798 2,397
Depreciation and amortization 41,528 31,131
Share-based compensation 2,330 3,615
Change in operating right-of-use assets 8,781 55
Accretion of loan fees and interest 22,647 13,538
Impairment of goodwill and other intangible assets 30,600 500
Provision (recovery) for bad debts 1,029 (9,827)
Loss on disposal of PP&E 418 0
Change in:    
Accounts receivable 696 12,571
Inventory 886 (2,381)
Other current and noncurrent assets (1,547) (6,129)
Accounts payable 16,916 3,481
Accrued expense and other liabilities 9,171 6,101
Deferred income (1,826) 732
Accrued advertising (2,685) (6,828)
Accrued interest payable 8,785 11,720
Dividend payable on preferred shares 63 (142)
Other current and noncurrent liabilities (957) 2,344
Total adjustments 133,601 54,502
Net cash used in operating activities (56,246) (35,608)
Cash flows from investing activities    
Acquisitions, net of cash acquired   (38,597)
Acquisition of intangible assets 0 (2,607)
Payments received on notes receivable 334 295
Purchases of property and equipment (22,801) (18,896)
Payment of acquisition purchase price payable (4,000)  
Net cash used in investing activities (26,467) (59,805)
Cash flows from financing activities    
Proceeds from borrowings, net of issuance costs 530,864 183,112
Repayments of borrowings (460,333) (54,369)
Proceeds from issuance of common and preferred shares 4,996 6,157
Dividends paid on common shares (9,549) (9,340)
Dividends paid on preferred shares (7,779) (7,007)
Net cash provided by financing activities 58,199 118,553
Net increase (decrease) in cash and restricted cash (24,514) 23,140
Cash and restricted cash at beginning of the period 91,903 68,763
Cash and restricted cash at end of the period 67,389 91,903
Supplemental disclosures of cash flow information:    
Cash paid for interest 119,674 109,388
Cash paid for income taxes $ 1,885 $ 1,752