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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 29, 2026
Dec. 28, 2025
Current assets:    
Cash and cash equivalents $ 104.2 $ 128.2
Receivables, net 89.5 119.0
Restricted cash 46.7 51.5
Prepaid expenses 41.0 49.0
Other current assets 2.3 4.1
Total current assets 283.7 351.8
Intangible assets, net 530.6 534.1
Operating lease right-of-use assets 347.9 328.7
Goodwill 249.6 249.6
Property and equipment, net of accumulated depreciation and amortization of $324.8 (2026) and $317.9 (2025) 165.3 160.5
Long-term receivables, net of allowance 31.9 33.8
Non-current restricted cash 22.0 22.0
Other non-current assets, net 57.7 57.1
Total assets 1,688.7 1,737.7
Current liabilities:    
Accounts payable and other accrued liabilities 74.4 93.2
Gift card liability 156.4 182.7
Current portion of operating leases obligations 67.9 67.6
Current portion of finance leases 6.4 6.6
Dividends payable 2.5 2.5
Accrued interest payable 7.3 7.3
Deferred franchise revenue, short-term 5.4 5.6
Total current liabilities 320.3 365.5
Long-term debt, net 1,188.8 1,188.2
Operating lease obligations, less current portion 323.3 305.3
Finance lease obligations, less current portion 30.6 32.2
Deferred income taxes, net 49.1 51.2
Deferred franchise revenue, long-term 33.5 34.2
Other non-current liabilities 33.1 35.0
Total liabilities 1,978.7 2,011.6
Stockholders’ deficit:    
Preferred stock, $1 par value, 10,000,000 shares authorized; no shares issued and outstanding 0.0 0.0
Common stock, $0.01 par value; shares: 40,000,000 authorized; March 29, 2026 - 24,553,366 issued, 12,972,801 outstanding 0.2 0.2
Additional paid-in-capital 221.5 239.9
Retained earnings 180.0 175.1
Accumulated other comprehensive loss (0.1) (0.1)
Treasury stock, at cost; shares: March 29, 2026 - 11,580,565 (691.7) (689.1)
Total stockholders’ deficit (290.0) (273.9)
Total liabilities and stockholders’ deficit $ 1,688.7 $ 1,737.7