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Segment Reporting
 9 Months Ended
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, 2022October 3, 2021October 2, 2022October 3, 2021
Net revenues:
 
 
 
 
U.S. and Canada$252,609 $225,807 $756,196 $679,195 
International91,934 87,262 272,988 243,005 
Market Development32,979 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, 2022October 3, 2021October 2, 2022October 3, 2021
Segment Adjusted EBITDA:
U.S. and Canada$21,896 $19,912 $81,521 $75,760 
International18,254 21,655 55,033 60,676 
Market Development10,353 9,033 32,135 29,782 
Corporate(11,961)(9,183)(33,879)(26,005)
38,542 41,417 134,810 140,213 
Interest expense, net8,871 7,186 23,808 25,228 
Interest expense — related party(1)
— — — 10,387 
Income tax expense/(benefit)294 (2,342)5,668 8,266 
Depreciation and amortization expense28,127 25,663 83,782 74,258 
Share-based compensation2,825 6,315 13,318 16,973 
Employer payroll taxes related to share-based compensation2 1,171 92 2,012 
Other non-operating expense/(income), net(2)
1,648 732 2,083 (126)
Acquisition and integration expenses(3)
790 1,288 1,389 3,663 
Shop closure expenses(4)
5,735 — 7,859 — 
Restructuring and severance expenses(5)
2,328 57 2,804 1,393 
IPO-related expenses(6)
— 4,018 — 14,221 
Gain on sale-leaseback(1,937)—(4,311)— 
Other(7)
1,699 1,081 6,108 3,064 
Net loss$(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.