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Gift Cards | 9 Months Ended
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Sep. 30, 2025
Gift Cards |
Gift Cards | 4. Gift Cards The following tables present information related to gift cards (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Thirteen | ​ | Thirteen | ​ | Thirty-Nine | ​ | Thirty-Nine
​ | ​ | Weeks Ended | ​ | Weeks Ended | ​ | Weeks Ended | ​ | Weeks Ended
​ | ​ | September 30, 2025 |  | October 1, 2024 |  | September 30, 2025 |  | October 1, 2024
Gift card liabilities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Beginning balance |  | $ | 196,293 |  | $ | 192,344 | ​ | $ | 226,810 |  | $ | 222,915
Activations | ​ | ​ | 21,042 | ​ | ​ | 18,337 | ​ | ​ | 71,186 | ​ | ​ | 66,978
Redemptions and breakage | ​ | ​ | (27,983) | ​ | ​ | (26,423) | ​ | ​ | (108,644) | ​ | ​ | (105,635)
Ending balance |  | $ | 189,352 |  | $ | 184,258 | ​ | $ | 189,352 |  | $ | 184,258
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Thirteen | ​ | Thirteen | ​ | Thirty-Nine | ​ | Thirty-Nine
​ | ​ | Weeks Ended | ​ | Weeks Ended | ​ | Weeks Ended | ​ | Weeks Ended
​ |  | September 30, 2025 |  | October 1, 2024 |  | September 30, 2025 |  | October 1, 2024
Gift card contract assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Beginning balance |  | $ | 16,289 |  | $ | 16,900 | ​ | $ | 18,447 |  | $ | 19,111
Deferrals | ​ | ​ | 2,472 | ​ | ​ | 2,119 | ​ | ​ | 7,673 | ​ | ​ | 7,678
Amortization | ​ | ​ | (3,659) | ​ | ​ | (3,814) | ​ | ​ | (11,018) | ​ | ​ | (11,584)
Ending balance |  | $ | 15,102 |  | $ | 15,205 | ​ | $ | 15,102 |  | $ | 15,205
​

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- Definition The entire disclosure for gift cards liabilities and assets. + References No definition available. + Details
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