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NON-CONTROLLING INTERESTS
12 Months Ended
Dec. 31, 2025
Noncontrolling Interest [Abstract]  
NON-CONTROLLING INTERESTS NON-CONTROLLING INTERESTS
Shake Shack is the primary beneficiary and sole managing member of SSE Holdings and, as a result, consolidates the financial results of SSE Holdings. The Company reports a non-controlling interest representing the economic interest held by the other members of SSE Holdings. The Third Amended and Restated Limited Liability Company Agreement, as further amended, (the
"LLC Agreement") of SSE Holdings provides that holders of SSE Holdings, LLC membership interests ("LLC Interests") may, from time to time, require SSE Holdings to redeem all or a portion of their LLC Interests for newly-issued shares of Class A common stock on a one-for-one basis. In connection with any redemption or exchange, the Company will receive a corresponding number of LLC Interests, increasing the total ownership interest in SSE Holdings. Changes in the ownership interest in SSE Holdings while the Company retains its controlling interest in SSE Holdings will be accounted for as equity transactions. As such, future redemptions or direct exchanges of LLC Interests in SSE Holdings by the other members of SSE Holdings will result in a change in ownership and reduce the amount recorded as non-controlling interest and increase additional paid-in capital.
The following table summarizes the ownership interest in SSE Holdings:
20252024
LLC InterestsOwnership %LLC InterestsOwnership %
Number of LLC Interests held by Shake Shack Inc.40,254,281 94.3 %40,068,068 94.2 %
Number of LLC Interests held by non-controlling interest holders2,434,789 5.7 %2,455,713 5.8 %
Total LLC Interests outstanding42,689,070 100.0 %42,523,781 100.0 %
The weighted average ownership percentages for the applicable reporting periods are used to attribute Net income and Other comprehensive income to the non-controlling interest holders and were as follows:
202520242023
Non-controlling interest holders' weighted average ownership percentages5.7 %6.2 %6.7 %
The following table summarizes the effects of changes in ownership of SSE Holdings on the Company's equity:
202520242023
Net income attributable to Shake Shack Inc.$45,725 $10,207 $20,264 
Other comprehensive income (loss):
Unrealized holding income (loss) on foreign currency translation adjustment— (3)
Transfers (to) from non-controlling interests:
Increase (decrease) in additional paid-in capital as a result of the redemption of LLC Interests(271)3,517 265 
Decrease in additional paid-in capital as a result of activity under the stock-based compensation plan(12,101)(5,614)(3,271)
Total effect of changes in ownership interest on equity attributable to Shake Shack Inc.$33,353 $8,112 $17,255 
The following table summarizes the LLC Interests activity:
202520242023
LLC Interests activity under the Company's stock-based compensation plan
Number of LLC Interests received by Shake Shack Inc.165,289 214,953 154,317 
Redemption and acquisition of LLC Interests
Number of LLC Interests redeemed by non-controlling interest holders20,924 378,800 35,000 
Number of LLC Interests received by Shake Shack Inc.20,924 378,800 35,000 
Issuance of Class A common stock
Shares of Class A common stock issued in connection with redemptions of LLC Interests20,924 378,800 35,000 
Cancellation of Class B common stock
Shares of Class B common stock surrendered and canceled20,924 378,800 35,000