XML 22 R3.htm IDEA: XBRL DOCUMENT v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 25, 2024
Current assets:    
Cash and cash equivalents $ 360,123 $ 320,714
Accounts receivable, net 32,962 19,687
Inventories 7,182 6,014
Prepaid expenses and other current assets 30,080 21,801
Total current assets 430,347 368,216
Property and equipment, net of accumulated depreciation of $551,004 and $457,186, respectively. 625,851 551,600
Operating lease assets 507,253 424,611
Deferred income taxes, net 322,385 341,586
Other assets 10,373 10,958
TOTAL ASSETS 1,896,209 1,696,971
Current liabilities:    
Accounts payable 24,747 23,609
Accrued expenses 103,354 63,005
Accrued wages and related liabilities 25,481 25,422
Operating lease liabilities, current 63,553 55,739
Other current liabilities 27,783 19,538
Total current liabilities 244,918 187,313
Long-term debt 247,731 246,683
Long-term operating lease liabilities 575,138 494,499
Liabilities under tax receivable agreement, net of current portion 244,463 247,017
Other long-term liabilities 30,210 27,833
Total liabilities 1,342,460 1,203,345
Commitments and contingencies (Note 17)
Stockholders' equity:    
Preferred stock, no par value—10,000,000 shares authorized; none issued and outstanding as of September 27, 2023 and December 28, 2022. 0 0
Additional paid-in capital 452,577 442,993
Retained earnings 72,709 26,984
Accumulated other comprehensive loss (1) (1)
Total stockholders' equity attributable to Shake Shack Inc. 525,327 470,018
Non-controlling interests 28,422 23,608
Total equity 553,749 493,626
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 1,896,209 1,696,971
Class A Common Stock    
Stockholders' equity:    
Common stock 40 40
Class B Common Stock    
Stockholders' equity:    
Common stock $ 2 $ 2