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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 28, 2025
Sep. 29, 2024
Sep. 28, 2025
Sep. 29, 2024
Revenues:        
Revenues $ 549,516 $ 566,739 $ 1,633,917 $ 1,672,219
Costs and expenses:        
Cost of sales 204,259 195,638 588,949 587,637
Franchise support and other costs 17,519 16,047 51,184 47,011
Franchise rental expense 30,941 32,237 94,272 96,405
Advertising funds expense 107,681 129,732 320,583 357,923
General and administrative 57,909 62,794 185,598 188,047
Depreciation and amortization (exclusive of amortization of cloud computing arrangements shown separately below) 38,393 36,996 111,932 110,006
Amortization of cloud computing arrangements 5,226 3,576 13,449 10,637
System optimization gains, net (29) (420) (326) (573)
Reorganization and realignment costs 316 354 (202) 8,479
Impairment of long-lived assets 2,257 178 5,364 2,873
Other operating income, net (7,005) (5,068) (16,321) (11,564)
Costs and expenses 457,467 472,064 1,354,482 1,396,881
Operating profit 92,049 94,675 279,435 275,338
Interest expense, net (31,543) (31,270) (93,965) (92,800)
Investment (loss) income, net 0 0 (1,718) 11
Other income, net 2,730 6,246 10,301 19,382
Income before income taxes 63,236 69,651 194,053 201,931
Provision for income taxes (18,984) (19,427) (55,459) (55,071)
Net income $ 44,252 $ 50,224 $ 138,594 $ 146,860
Net income per share:        
Basic $ 0.23 $ 0.25 $ 0.71 $ 0.72
Diluted $ 0.23 $ 0.25 $ 0.71 $ 0.71
Sales        
Revenues:        
Revenue from Contract with Customer, Excluding Assessed Tax $ 233,154 $ 230,403 $ 685,517 $ 693,081
Franchise royalty revenue and fees        
Revenues:        
Revenue from Contract with Customer, Excluding Assessed Tax 152,010 153,868 453,458 458,038
Franchise rental income        
Revenues:        
Revenue from Contract with Customer, Excluding Assessed Tax 57,339 59,314 176,204 177,938
Advertising funds revenue        
Revenues:        
Revenue from Contract with Customer, Excluding Assessed Tax $ 107,013 $ 123,154 $ 318,738 $ 343,162