XML 11 R4.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Statements of Comprehensive Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Sep. 27, 2025
Sep. 28, 2024
Income Statement [Abstract]        
Revenue $ 571,476 $ 642,131 $ 1,678,258 $ 1,708,555
Less excise taxes 33,982 36,654 98,948 97,928
Net revenue 537,494 605,477 1,579,310 1,610,627
Cost of goods sold 264,377 325,236 794,412 877,580
Gross profit 273,117 280,241 784,898 733,047
Operating expenses:        
Advertising, promotional, and selling expenses 164,739 147,986 461,987 412,484
General and administrative expenses 44,913 43,818 138,615 142,226
Impairment of intangible assets   42,584   42,584
Impairment of brewery assets 1,416 20 6,401 3,751
Total operating expenses 211,068 234,408 607,003 601,045
Operating income 62,049 45,833 177,895 132,002
Other income, net:        
Interest income, net 2,696 3,582 7,320 10,021
Other expense, net (595) (317) (1,168) (795)
Total other income, net 2,101 3,265 6,152 9,226
Income before income tax provision 64,150 49,098 184,047 141,228
Income tax provision 17,995 15,584 53,047 42,778
Net income $ 46,155 $ 33,514 $ 131,000 $ 98,450
Net income per common share - basic $ 4.25 $ 2.87 $ 11.83 $ 8.29
Net income per common share - diluted $ 4.25 $ 2.86 $ 11.82 $ 8.27
Weighted-average number of common shares - basic 10,855 11,682 11,073 11,878
Weighted-average number of common shares - diluted 10,830 11,671 11,050 11,871
Net Income (Loss) $ 46,155 $ 33,514 $ 131,000 $ 98,450
Other comprehensive (loss) income:        
Foreign currency translation adjustment (161) 40 233 (181)
Total other comprehensive (loss) income (161) 40 233 (181)
Comprehensive income $ 45,994 $ 33,554 $ 131,233 $ 98,269