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Segment Reporting | 9 Months Ended
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Oct. 02, 2022
Segment Reporting [Abstract] |
Segment Reporting | Segment Reporting The Company conducts business through the three reportable segments: U.S. and Canada, International, and Market Development. Unallocated corporate costs are excluded from the Company’s measurement of segment performance. These costs include general corporate expenses. The reportable segment results are as follows:
| Quarter Ended |  | Three Quarters Ended
| October 2, 2022 |  | October 3, 2021 |  | October 2, 2022 |  | October 3, 2021
Net revenues: |  |  |  |  |  |  |
U.S. and Canada | $ | 252,609 |  |  | $ | 225,807 |  |  | $ | 756,196 |  |  | $ | 679,195 |
International | 91,934 |  |  | 87,262 |  |  | 272,988 |  |  | 243,005 |
Market Development | 32,979 |  |  | 29,730 |  |  | 96,115 |  |  | 91,594 |
Total net revenues | $ | 377,522 |  |  | $ | 342,799 |  |  | $ | 1,125,299 |  |  | $ | 1,013,794 |
| Quarter Ended |  | Three Quarters Ended
| October 2, 2022 |  | October 3, 2021 |  | October 2, 2022 |  | October 3, 2021
Segment Adjusted EBITDA: |  |  |  |  |  |  |
U.S. and Canada | $ | 21,896 |  |  | $ | 19,912 |  |  | $ | 81,521 |  |  | $ | 75,760 |
International | 18,254 |  |  | 21,655 |  |  | 55,033 |  |  | 60,676 |
Market Development | 10,353 |  |  | 9,033 |  |  | 32,135 |  |  | 29,782 |
Corporate | (11,961) |  |  | (9,183) |  |  | (33,879) |  |  | (26,005) |
| 38,542 |  |  | 41,417 |  |  | 134,810 |  |  | 140,213 |
Interest expense, net | 8,871 |  |  | 7,186 |  |  | 23,808 |  |  | 25,228 |
Interest expense — related party(1) | — |  |  | — |  |  | — |  |  | 10,387 |
Income tax expense/(benefit) | 294 |  |  | (2,342) |  |  | 5,668 |  |  | 8,266 |
Depreciation and amortization expense | 28,127 |  |  | 25,663 |  |  | 83,782 |  |  | 74,258 |
Share-based compensation | 2,825 |  |  | 6,315 |  |  | 13,318 |  |  | 16,973 |
Employer payroll taxes related to share-based compensation | 2 |  |  | 1,171 |  |  | 92 |  |  | 2,012 |
Other non-operating expense/(income), net(2) | 1,648 |  |  | 732 |  |  | 2,083 |  |  | (126) |
Acquisition and integration expenses(3) | 790 |  |  | 1,288 |  |  | 1,389 |  |  | 3,663 |
Shop closure expenses(4) | 5,735 |  |  | — |  |  | 7,859 |  |  | — |
Restructuring and severance expenses(5) | 2,328 |  |  | 57 |  |  | 2,804 |  |  | 1,393 |
IPO-related expenses(6) | — |  |  | 4,018 |  |  | — |  |  | 14,221 |
Gain on sale-leaseback | (1,937) |  |  | — |  | (4,311) |  |  | — |
Other(7) | 1,699 |  |  | 1,081 |  |  | 6,108 |  |  | 3,064 |
Net loss | $ | (11,840) |  |  | $ | (3,752) |  |  | $ | (7,790) |  |  | $ | (19,126) |
(1)Consists of interest expense related to the Related Party Notes which were paid off in full during the quarter ended July 4, 2021. (2)Primarily foreign translation gains and losses in each period. (3)Consists of acquisition and integration-related costs in connection with the Company’s business and franchise acquisitions, including legal, due diligence, consulting and advisory fees incurred in connection with acquisition and integration-related activities for the applicable period. (4)Includes lease termination costs, impairment charges, and loss on disposal of property, plant and equipment. (5)The quarter and three quarters ended October 2, 2022 consist of costs associated with restructuring of the global executive team. The quarter and three quarters ended October 3, 2021 consist of severance and related benefits costs associated with the Company’s realignment of the Company shop organizational structure to better support the DFD and Branded Sweet Treat Line businesses. (6)Includes consulting and advisory fees incurred in connection with preparation for and execution of the Company’s IPO. (7)The quarter and three quarters ended October 2, 2022 and October 3, 2021 consist primarily of legal expenses incurred outside the ordinary course of business, including the net settlement of approximately $3.3 million negotiated with TSW Foods, LLC.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
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