XML 62 R43.htm IDEA: XBRL DOCUMENT v3.25.4
NON-CONTROLLING INTERESTS (Tables)
12 Months Ended
Dec. 31, 2025
Noncontrolling Interest [Abstract]  
Schedule of Ownership Interests in SSE Holdings
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 %
Noncontrolling Interest, Ownership Percentages
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 %
Schedule of Non-Controlling Interest
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 
Redemption of LLC Interests
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