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General (Tables)

9 Months Ended

Sep. 30, 2025

Accounting Policies [Abstract]

Schedule of Earnings (Loss) Per Share

The following table illustrates the computation of Common Stock basic and diluted net earnings (loss) per share, provides a reconciliation of the number of weighted-average basic and diluted shares outstanding, when applicable, and provides the weighted-average number of anti-dilutive shares excluded from the computation of diluted weighted-average shares outstanding:

			Three Months Ended												Nine Months Ended
			September 30, 2025						September 26, 2024						September 30, 2025						September 26, 2024
Net earnings (loss) per share - basic:
Common Stock			$	0.53					$	0.74					$	0.22					$	(0.28)
Class B Common Stock			$	0.49					$	0.69					$	0.20					$	(0.26)
Net earnings (loss) per share - diluted:
Common Stock			$	0.52					$	0.73					$	0.21					$	(0.28)
Class B Common Stock			$	0.49					$	0.69					$	0.20					$	(0.26)
Numerator:
Net earnings (loss)			$	16,230					$	23,314					$	6,735					$	(8,773)
Denominator (in thousands):
Denominator for basic EPS			31,056						31,953						31,322						32,002
Effect of dilutive employee stock options			39						17						53						—
Effect of restricted stock units			80						47						74						—
Effect of convertible senior notes			—						14						—						—
Diluted weighted-average shares outstanding			31,175						32,031						31,449						32,002
Weighted-average number of anti-dilutive shares excluded from denominator (in thousands):
Employee stock options			2,084						2,800						1,641						2,809
Restricted stock units			—						—						—						49
Performance stock units			237						139						221						141
Convertible senior notes			—						—						—						14
Total			2,321						2,939						1,862						3,013

Schedule of Stockholders Equity

Activity impacting total shareholders’ equity for the nine months ended September 30, 2025 and September 26, 2024 was as follows:

			Common Stock						Class B Common Stock						Capital in Excess of Par						Retained Earnings						Accumulated Other Comprehensive Loss						Treasury Stock						Total Shareholders’ Equity
BALANCES AT DECEMBER 26, 2024			$	25,237					$	6,985					$	177,172					$	265,028					$	(181)					$	(9,375)					$	464,866
Cash dividends:
$0.064 per share Class B Common Stock			—						—						—						(447)						—						—						(447)
$0.07 per share Common Stock			—						—						—						(1,733)						—						—						(1,733)
Exercise of stock options			—						—						1						—						—						7						8
Purchase of treasury stock			—						—						—						—						—						(7,642)						(7,642)
Reissuance of treasury stock			—						—						1						—						—						13						14
Issuance of non-vested stock			132						—						(208)						—						—						76						—
Shared-based compensation			—						—						3,545						—						—						—						3,545
Comprehensive loss			—						—						—						(16,816)						(4)						—						(16,820)
BALANCES AT MARCH 31, 2025			25,369						6,985						180,511						246,032						(185)						(16,921)						441,791
Cash dividends:
$0.064 per share Class B Common Stock			—						—						—						(447)						—						—						(447)
$0.07 per share Common Stock			—						—						—						(1,702)						—						—						(1,702)
Exercise of stock options			—						—						—						—						—						2						2
Reissuance of treasury stock			—						—						1						—						—						15						16
Issuance of non-vested stock			—						—						(265)						—						—						265						—
Shared-based compensation			—						—						1,441						—						—						—						1,441
Comprehensive loss			—						—						—						7,321						(4)						—						7,317
BALANCES AT JUNE 30, 2025			25,369						6,985						181,688						251,204						(189)						(16,639)						448,418
Cash dividends:
$0.073 per share Class B Common Stock			—						—						—						(510)						—						—						(510)
$0.08 per share Common Stock			—						—						—						(1,918)						—						—						(1,918)
Exercise of stock options			—						—						(2)						—						—						6						4
Purchase of treasury stock			—						—						—						—						—						(9,127)						(9,127)
Reissuance of treasury stock			—						—						2						—						—						18						20
Issuance of non-vested stock			—						—						(93)						—						—						93						—
Shared-based compensation			—						—						1,230						—						—						—						1,230
Comprehensive income			—						—						—						16,230						(5)						—						16,225
BALANCES AT SEPTEMBER 30, 2025			$	25,369					$	6,985					$	182,825					$	265,006					$	(194)					$	(25,649)					$	454,342

			Common Stock						Class B Common Stock						Capital in Excess of Par						Retained Earnings						Accumulated Other Comprehensive Loss						Treasury Stock						Total Shareholders’ Equity
BALANCES AT DECEMBER 28, 2023			$	24,692					$	7,078					$	160,642					$	281,599					$	(1,336)					$	(1,503)					$	471,172
Cash dividends:
$0.064 per share Class B Common Stock			—						—						—						(449)						—						—						(449)
$0.07 per share Common Stock			—						—						—						(1,760)						—						—						(1,760)
Purchase of treasury stock			—						—						—						—						—						(301)						(301)
Reissuance of treasury stock			—						—						(3)						—						—						23						20
Issuance of non-vested stock			452						—						(515)						—						—						63						—
Shared-based compensation			—						—						2,514						—						—						—						2,514
Conversions of Class B Common Stock			93						(93)						—						—						—						—						—
Comprehensive loss			—						—						—						(11,866)						(12)						—						(11,878)
BALANCES AT MARCH 28, 2024			25,237						6,985						162,638						267,524						(1,348)						(1,718)						459,318
Cash dividends:
$0.064 per share Class B Common Stock			—						—						—						(447)						—						—						(447)
$0.07 per share Common Stock			—						—						—						(1,763)						—						—						(1,763)
Reissuance of treasury stock			—						—						(7)						—						—						23						16
Issuance of non-vested stock			—						—						(326)						—						—						326						—
Shared-based compensation			—						—						2,418						—						—						—						2,418
Convertible senior note repurchase			—						—						(2,788)						—						—						—						(2,788)
Capped call unwind			—						—						12,904						—						—						—						12,904
Comprehensive loss			—						—						—						(20,221)						(11)						—						(20,232)
BALANCES AT JUNE 27, 2024			25,237						6,985						174,839						245,093						(1,359)						(1,369)						449,426
Cash dividends:
$0.064 per share Class B Common Stock			—						—						—						(447)						—						—						(447)
$0.07 per share Common Stock			—						—						—						(1,749)						—						—						(1,749)
Purchase of treasury stock			—						—						—						—						—						(9,667)						(9,667)
Reissuance of treasury stock			—						—						6						—						—						16						22
Issuance of non-vested stock			—						—						(52)						—						—						52						—
Shared-based compensation			—						—						2,225						—						—						—						2,225
Convertible senior note repurchase			—						—						(5,472)						—						—						—						(5,472)
Capped call unwind			—						—						4,652						—						—						—						4,652
Comprehensive income (loss)			—						—						—						23,314						(12)						—						23,302
BALANCES AT SEPTEMBER 26, 2024			$	25,237					$	6,985					$	176,198					$	266,211					$	(1,371)					$	(10,968)					$	462,292

Schedule of Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive loss presented in the accompanying consolidated balance sheets consists of the following, all presented net of tax:

			September 30, 2025						December 26, 2024
Net unrecognized actuarial loss for pension obligation			$	(194)					$	(181)
			$	(194)					$	(181)

Schedule of Defined Benefit Plan

The components of the net periodic pension cost of the Company’s unfunded nonqualified, defined-benefit plan are as follows:

			Three Months Ended												Nine Months Ended
			September 30, 2025						September 26, 2024						September 30, 2025						September 26, 2024
Service cost			$	51					$	62					$	151					$	186
Interest cost			463						445						1,390						1,334
Net amortization of prior service cost and actuarial loss			(6)						(16)						(17)						(48)
Net periodic pension cost			$	508					$	491					$	1,524					$	1,472

Schedule of Disaggregation of Revenue

The disaggregation of revenues by business segment for the three and nine months ended September 30, 2025 is as follows:

			Three Months Ended September 30, 2025
			Theatres						Hotels/Resorts						Corporate						Total
Theatre admissions			$	57,714					$	—					$	—					$	57,714
Rooms			—						39,875						—						39,875
Theatre concessions			51,244						—						—						51,244
Food and beverage			—						24,137						—						24,137
Other revenues(1)			10,145						16,320						81						26,546
Revenue before cost reimbursements			119,103						80,332						81						199,516
Cost reimbursements			838						9,797						—						10,635
Total revenues			$	119,941					$	90,129					$	81					$	210,151
			Nine Months Ended September 30, 2025
			Theatres						Hotels/Resorts						Corporate						Total
Theatre admissions			$	160,993					$	—					$	—					$	160,993
Rooms			—						88,782						—						88,782
Theatre concessions			146,855						—						—						146,855
Food and beverage			—						63,257						—						63,257
Other revenues(1)			28,781						45,150						279						74,210
Revenue before cost reimbursements			336,629						197,189						279						534,097
Cost reimbursements			2,319						28,544						—						30,863
Total revenues			$	338,948					$	225,733					$	279					$	564,960

(1)Included in other revenues is an immaterial amount related to rental income that is not considered revenue from contracts with customers.

The disaggregation of revenues by business segment for the three and nine months ended September 26, 2024 is as follows:

			Three Months Ended September 26, 2024
			Theatres						Hotels/Resorts						Corporate						Total
Theatre admissions			$	68,980					$	—					$	—					$	68,980
Rooms			—						40,019						—						40,019
Theatre concessions			62,118						—						—						62,118
Food and beverage			—						22,283						—						22,283
Other revenues(1)			12,090						16,699						87						28,876
Revenue before cost reimbursements			143,188						79,001						87						222,276
Cost reimbursements			655						9,737						—						10,392
Total revenues			$	143,843					$	88,738					$	87					$	232,668
			Nine Months Ended September 26, 2024
			Theatres						Hotels/Resorts						Corporate						Total
Theatre admissions			$	158,156					$	—					$	—					$	158,156
Rooms			—						88,728						—						88,728
Theatre concessions			141,230						—						—						141,230
Food and beverage			—						57,718						—						57,718
Other revenues(1)			26,524						44,338						250						71,112
Revenue before cost reimbursements			325,910						190,784						250						516,944
Cost reimbursements			655						29,648						—						30,303
Total revenues			$	326,565					$	220,432					$	250					$	547,247

(1)Included in other revenues is an immaterial amount related to rental income that is not considered revenue from contracts with customers.

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