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Impairments and Exit Costs (Tables)
9 Months Ended
Sep. 28, 2025
Restructuring Costs and Asset Impairment Charges [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:
THIRTEEN WEEKS ENDEDTHIRTY-NINE WEEKS ENDED
(dollars in thousands)SEPTEMBER 28, 2025SEPTEMBER 29, 2024SEPTEMBER 28, 2025SEPTEMBER 29, 2024
Impairment losses
U.S.$32,455 $1,251 $38,721 $3,103 
Other— 17 — 12,488 
Total impairment losses$32,455 $1,268 $38,721 $15,591 
Restaurant closure charges (benefits)
U.S.$638 $615 $(3,032)$11,834 
Other143 3,714 (563)3,729 
Total restaurant closure charges (benefits)781 4,329 (3,595)15,563 
Provision for impaired assets and restaurant closings (1)
$33,236 $5,597 $35,126 $31,154 
________________
(1)For the thirteen and thirty-nine weeks ended September 28, 2025, primarily includes charges related to the 2025 Restaurant Closures, defined below, and $12.0 million of asset impairment charges related to five underperforming U.S. restaurants. For the thirteen and thirty-nine weeks ended September 29, 2024, primarily includes charges related to the Q2 2024 decision to close nine restaurants in Hong Kong and the closure of 36 predominantly older, underperforming U.S. restaurants (the “2023 Restaurant Closures”).
Restructuring and related costs
Following is a summary of the 2025 Restaurant Closures expenses recognized in the Consolidated Statements of Operations and Comprehensive (Loss) Income for the periods indicated (dollars in thousands):
DESCRIPTIONCONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME CLASSIFICATIONTHIRTEEN AND THIRTY-NINE WEEKS ENDED
SEPTEMBER 28, 2025
Property, fixtures and equipment impairmentsProvision for impaired assets and restaurant closings$13,858 
Lease right-of-use asset impairments and closure chargesProvision for impaired assets and restaurant closings5,740 
Total$19,598