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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Apr. 01, 2025
Cash flows from operating activities:    
Net income $ 49,548 $ 32,941
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization expenses 27,984 26,082
Impairment of assets and lease termination expenses 432 138
Loss on debt extinguishment   15,891
Deferred income taxes 6,091 4,290
Stock-based compensation 7,014 7,581
Changes in assets and liabilities:    
Accounts and other receivables 36,288 32,304
Income taxes receivable/payable (3,396) (3,302)
Inventories 3,404 (2,379)
Prepaid expenses (23,103) (443)
Operating lease assets/liabilities (1,051) (20,376)
Other assets 2,157 1,714
Accounts payable 2,712 68
Gift card liabilities (25,142) (26,954)
Other accrued expenses 13,786 11,364
Cash provided by operating activities 96,724 78,919
Cash flows from investing activities:    
Additions to property and equipment (43,377) (42,816)
Additions to intangible assets (315) (537)
Cash used in investing activities (43,692) (43,353)
Cash flows from financing activities:    
Repayments on credit facility   (110,000)
Proceeds from long-term convertible debt   575,000
Repayment on long-term convertible debt, including premium on extinguishment   (289,800)
Issuance costs associated with long-term debt (1,163) (16,496)
Proceeds from exercise of stock options 241 10,803
Common stock dividends paid (14,230) (12,485)
Treasury stock purchases, inclusive of excise tax (18,402) (141,359)
Cash (used in)/provided by financing activities (33,554) 15,663
Foreign currency translation adjustment (117) 6
Net change in cash and cash equivalents 19,361 51,235
Cash and cash equivalents at beginning of period 215,729 84,176
Cash and cash equivalents at end of period 235,090 135,411
Supplemental disclosures:    
Interest paid 6,353 1,468
Income taxes paid [1] 1,098 788
Construction payable $ 26,098 $ 18,206
[1] Pursuant to ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, income taxes paid for fiscal 2026 are presented net of refunds received. Prior year disclosures are presented under previous guidance.