Allowance For Credit Losses (Tables)

12 Months Ended

Dec. 29, 2024

Credit Loss [Abstract]

Schedule of changes of the allowance for credit losses

The following table summarizes changes in our allowances for credit losses for accounts receivable and notes receivable:

(In thousands)	Accounts Receivable		Notes Receivable
Balance at December 25, 2022	$	6,718	$	14,499
Current period provision for expected credit losses, net (a)	3,609		1,784
Write-offs charged against the allowance	(1,974)		(191)
Balance at December 31, 2023	$	8,353	$	16,092
Current period provision for expected credit losses, net (b)	1,613		1,124
Write-offs charged against the allowance	(1,498)		(1,978)
Balance at December 29, 2024	$	8,468	$	15,238

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(a)    During the year ended December 31, 2023, the Company recorded $1.7 million of reserves for certain accounts receivable and notes receivable associated with the termination of a specific franchisee in the United Kingdom and $0.9 million of reserves for certain accounts receivable related to the conflict in the Middle East.

(b)    During the year ended December 29, 2024, the Company recorded $1.7 million of reserves for certain notes receivable associated with the termination of specific franchisees in the United Kingdom as part of our International Transformation Plan. See “Note 16. Restructuring” for further information.