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Impairments and Exit Costs (Tables)

12 Months Ended

Dec. 29, 2024

Impairments and Exit Costs [Abstract]

Provision for impaired assets and restaurant closings

The components of Provision for impaired assets and restaurant closings are as follows for the periods indicated:

			FISCAL YEAR
(dollars in thousands)			2024						2023						2022
Impairment losses
U.S. (1)			$	33,947					$	39,812					$	3,942
Corporate			—						—						7
Other (2)			12,488						600						1,537
Total impairment losses			46,435						40,412						5,486
Restaurant closure charges (benefit)
U.S. (1)			14,045						(7,143)						478
Other (2)			3,811						305						—
Total restaurant closure charges (benefit)			17,856						(6,838)						478
Provision for impaired assets and restaurant closings			$	64,291					$	33,574					$	5,964

________________

(1)Primarily includes charges related to the 2023 Restaurant Closures and the Q4 2024 Restaurant Impairment, as discussed below.

(2)Primarily includes charges related to the 2024 closure of nine restaurants in Hong Kong.

Restructuring and related costs

Following is a summary of 2023 Restaurant Closures expenses recognized in the Consolidated Statements of Operations and Comprehensive (Loss) Income for the periods indicated (dollars in thousands):

DESCRIPTION						CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME CLASSIFICATION												FISCAL YEAR
																		2024						2023
Asset impairments and closure charges						Provision for impaired assets and restaurant closings												$	12,034					$	34,200
Severance and other expenses						General and administrative												3,798						622
Closure-related labor costs						Labor and other related												434						—
Lease remeasurement gains						Other restaurant operating												—						(2,450)
Total																		$	16,266					$	32,372

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Impairments, Exit Costs and Disposals [Abstract]

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Provision for Impaired Assets and Restaurant Closings [Table Text Block]

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Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

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-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
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