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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 04, 2026
Jan. 03, 2026
Current assets:    
Cash and cash equivalents $ 61,609 $ 85,904
Trade receivables, net 17,599 17,094
Inventories 44,622 41,480
Prepaid expenses and other current assets 56,178 52,629
Total current assets 180,008 197,107
Property and equipment, net 343,391 338,995
Right-of-use lease assets 658,187 634,012
Goodwill 673,841 677,884
Intangible assets, net 152,324 153,589
Other assets 11,999 9,300
Total assets 2,019,750 2,010,887
Current liabilities:    
Accounts payable and accrued liabilities 73,332 75,636
Accrued payroll and related taxes 59,943 71,295
Lease liabilities – current 88,486 89,586
Current portion of long-term debt 7,500 7,500
Total current liabilities 229,261 244,017
Long-term debt, net 706,775 708,215
Lease liabilities – non-current 604,020 575,962
Other liabilities 49,247 47,114
Total liabilities 1,589,303 1,575,308
Commitments and contingencies (see Note 10)
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; 154,699 and 155,283 shares issued and outstanding 0 0
Additional paid-in capital 704,160 695,443
Accumulated deficit (289,035) (273,250)
Accumulated other comprehensive income 15,322 13,386
Total stockholders’ equity 430,447 435,579
Total liabilities and stockholders’ equity $ 2,019,750 $ 2,010,887