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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 29, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Value of Goodwill
Changes in the carrying value of goodwill for the three months ended March 29, 2026 and March 30, 2025 were:
(In thousands)Gross GoodwillAccumulated Impairment LossesNet Goodwill
Balance as of December 31, 2025$3,630,952 $(1,559,272)$2,071,680 
Foreign currency translation(2,813)— (2,813)
Balance as of March 29, 2026$3,628,139 $(1,559,272)$2,068,867 
Balance as of December 31, 2024$3,512,782 $(216,259)$3,296,523 
Mergers(39)— (39)
Foreign currency translation6,867 — 6,867 
Balance as of March 30, 2025$3,519,610 $(216,259)$3,303,351 
Schedule of Other Intangible Assets
As of March 29, 2026, December 31, 2025, and March 30, 2025, other intangible assets consisted of the following:
(In thousands)Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Value
March 29, 2026
Trade names (1)
$683,889 $(474)$683,415 
License / franchise agreements709 (477)232 
Total other intangible assets$684,598 $(951)$683,647 
December 31, 2025
Trade names (1)
$722,702 $(444)$722,258 
License / franchise agreements709 (474)235 
Total other intangible assets$723,411 $(918)$722,493 
March 30, 2025
Trade names (1)
$897,912 $(322)$897,590 
License / franchise agreements1,148 (864)284 
Total other intangible assets$899,060 $(1,186)$897,874 
(1)    Trade name amortization represents amortization of the California's Great America trade name. The gross carrying amount of the California's Great America trade name totals $0.7 million and is being amortized through 2027, or through the sale-leaseback period for the land under California's Great America. Other trade names are indefinite-lived.