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Write-downs and Other, Net
12 Months Ended
Dec. 31, 2025
Other Income and Expenses [Abstract]  
Write-downs and Other Charges, Net Write-downs and Other, Net
Write-downs and other, net include various charges and gains related to non-routine transactions, such as net gains or losses on asset disposals, demolition and other costs associated with the Company’s closed properties, development and preopening expenses, business innovation and technology enhancements, contract termination costs and other.
For the year ended December 31, 2025, write-downs and other, net was an expense of $19.0 million, primarily comprising a charitable contribution of $7.5 million, development and preopening expenses of $4.1 million and $2.1 million in business innovation development expenses. For the year ended December 31, 2024, write-downs and other, net was an expense of $6.7 million, primarily comprising business innovation development expenses of $3.5 million, development and preopening expenses of $1.3 million (including $5.8 million in refunds for previously expensed development costs) and loss on asset disposals of $1.2 million. For the year ended December 31, 2023, write-downs and other, net was an expense of $32.0 million, primarily comprising development and preopening expenses of $53.4 million, $10.1 million of demolition costs associated with previously closed properties and $4.0 million in business innovation development expenses, partially offset by net gains on land sales of $38.6 million.