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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Schedule of Components of Loss Before Income Taxes

Below are the components of loss before income taxes for the fiscal years ended December 31, 2023, January 1, 2023, and January 2, 2022 under the following tax jurisdictions:

	For the Fiscal Year Ended
(in thousands)	December 31, 2023				January 1, 2023				January 2, 2022
Domestic	$	(70,787	)		$	1,734			$	(45,312	)
Foreign		(35,490	)			(216,383	)			(222,508	)
	$	(106,277	)		$	(214,649	)		$	(267,820	)

Schedule of Provision For Income Taxes

The provision for income taxes is as follows:

	For the Fiscal Year Ended
(in thousands)	December 31, 2023				January 1, 2023				January 2, 2022
Current tax expense
Domestic	$	(59	)		$	2,240			$	-
Foreign		11,477				2,654				1,167
Total current		11,418				4,894				1,167
Deferred tax expense (benefit)
Domestic		(690	)			690				(891	)
Foreign		83				(453	)			618
Total deferred		(607	)			237				(273	)
Total income tax expense (benefit)	$	10,811			$	5,131			$	894
Effective income tax rate		(10	%)			(2	%)			(0	%)

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the US statutory income tax rate to the consolidated effective income tax rate is as follows:

	For the Fiscal Year Ended
	December 31, 2023				January 1, 2023				January 2, 2022
Benefit at US statutory income tax rate		21	%			21	%			21	%
Permanent differences		(3	%)			(2	%)			(3	%)
Non deductible expenses		(4	%)			0	%			(3	%)
Change in unrecognized tax benefits		(25	%)			0	%			0	%
Movement in valuation allowances		(3	%)			(9	%)			(15	%)
Change in valuation allowance due to remeasurement of deferred taxes		0	%			0	%			(7	%)
Differences in tax rates in other jurisdictions		3	%			0	%			0	%
Change in tax rates		0	%			0	%			7	%
Loss of tax attributes		0	%			(13	%)			0	%
State and local		(1	%)			0	%			0	%
True up		1	%			0	%			0	%
Other		(0	%)			1	%			0	%
Effective income tax rate		(10	%)			(2	%)			(0	%)

Schedule of Deferred Tax Assets and Liabilities

Deferred tax assets and liabilities consist of the following:

	As of
(in thousands)	December 31, 2023				January 1, 2023
Deferred tax assets
Property and equipment, net	$	35,077			$	26,858
Other short term differences		31,059				54,497
Lease liability		329,162				304,717
Interest limitation carryforward		55,223				66,866
Tax losses		104,214				110,201
Total gross deferred tax assets		554,735				563,139
Valuation allowance		(187,743	)			(216,114	)
Total deferred tax assets	$	366,992			$	347,025
Deferred tax liabilities
Property and equipment, net	$	(29,136	)		$	(23,357	)
Intangible assets		(13,735	)			(13,093	)
Right of use asset		(323,744	)			(310,956	)
Other		(1,147	)			(990	)
Total gross deferred tax liabilities		(367,762	)			(348,396	)
Total net deferred tax liabilities	$	(770	)		$	(1,371	)

Total net deferred taxes are classified as follows:

	As of
(in thousands)	December 31, 2023				January 1, 2023
Non-current deferred tax assets	$	740			$	295
Non-current deferred tax liabilities		(1,510	)			(1,666	)
	$	(770	)		$	(1,371	)

Schedule of Reconciliation of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

(in thousands)	December 31, 2023				January 1, 2023				January 2, 2022
Balance at beginning of year	$	15,841			$	15,129			$	11,293
Additions related to the current year		11,917				5,359				3,948
Additions related to the prior years		17,899				-				-
Reductions related to prior year positions		(95	)			-				-
Reductions due to expiry of state of limitations		(176	)			(3,014	)			(3,822	)
Change in tax rate		-				-				3,566
Foreign exchange		1,503				(1,633	)			144
Balance at end of year	$	46,889			$	15,841			$	15,129

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months.

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