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Segment Reporting (Tables) | 9 Months Ended
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Oct. 02, 2022
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | 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 Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -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 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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