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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 29, 2025
Dec. 28, 2024
Current assets:    
Cash and cash equivalents $ 73,019 $ 149,967
Trade receivables, net 17,823 16,761
Inventories 39,108 34,288
Prepaid expenses and other current assets 31,330 24,634
Derivative assets – current 3,045 4,574
Total current assets 164,325 230,224
Property and equipment, net 285,428 270,123
Right-of-use lease assets 572,800 552,762
Goodwill 667,126 665,465
Intangible assets, net 158,415 159,330
Deferred tax assets, net 7,404 3,801
Other assets 3,690 3,790
Total assets 1,859,188 1,885,495
Current liabilities:    
Accounts payable and accrued liabilities 78,552 83,039
Accrued payroll and related taxes 49,016 52,252
Lease liabilities – current 93,731 89,809
Current portion of long-term debt 0 6,000
Total current liabilities 221,299 231,100
Long-term debt, net 699,278 735,133
Lease liabilities – non-current 492,664 472,343
Other liabilities 32,134 25,239
Total liabilities 1,445,375 1,463,815
Commitments and contingencies (see Note 11)
Stockholders’ equity:    
Preferred stock, $0.000001 par value, 100,000 shares authorized; zero shares issued and outstanding 0 0
Common stock, $0.000001 par value, 800,000 shares authorized; 157,857 and 159,164 shares issued and outstanding 0 0
Additional paid-in capital 668,667 657,906
Accumulated deficit (267,075) (250,451)
Accumulated other comprehensive income 12,221 14,225
Total stockholders’ equity 413,813 421,680
Total liabilities and stockholders’ equity $ 1,859,188 $ 1,885,495