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Segments - Schedule of Segment Reporting Information by Segment (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2025 | Sep. 30, 2024 | Sep. 30, 2025 | Sep. 30, 2024
Segment Reporting Information [Line Items] |  |  |  |
Total revenues | $ 216,166 | $ 195,034 | $ 661,730 | $ 607,536
Interest expense from finance leases | 553 | 729 | 1,957 | 2,208
Gross profit | 84,553 | 93,319 | 267,092 | 290,014
Stock based compensation (direct) | 3,300 | 4,000 | 9,800 | 12,900
(Gain) loss on disposition of assets | (19) | 6 | (99) | (57)
Interest expense, net | 20,791 | 18,369 | 56,317 | 54,291
Closure and impairment charges | 612 | 366 | 7,613 | 1,442
Amortization of intangible assets | 2,905 | 2,724 | 8,315 | 8,169
Loss on extinguishment of debt | 0 | 0 | 850 | 0
Income before income taxes | 10,064 | 26,464 | 41,790 | 81,734
Advertising revenues |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues excluding advertising revenue | 68,246 | 69,789 | 212,245 | 219,568
Operating Segments |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Total revenues | 216,200 | 195,000 | 661,700 | 607,500
Interest expense from finance leases | 700 | 700 | 2,100 | 2,200
Depreciation and amortization | 3,400 | 2,600 | 9,900 | 8,100
Other segment items | 59,300 | 28,600 | 170,400 | 87,600
Gross profit | 84,600 | 93,300 | 267,100 | 290,000
Stock based compensation (direct) | 800 | 1,600 | 2,800 | 4,800
(Gain) loss on disposition of assets | (0) | (0) | (100) | (100)
Other G&A expenses (direct and allocated) | 33,100 | 28,300 | 99,600 | 88,300
Segment operating profit (loss) | 50,600 | 63,500 | 164,700 | 196,900
Operating Segments | Advertising revenues |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues excluding advertising revenue | 68,200 | 69,800 | 212,200 | 219,600
Operating Segments | Revenues excluding advertising revenue |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues excluding advertising revenue | 147,900 | 125,200 | 449,500 | 388,000
Operating Segments | Franchise Segment |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Total revenues | 161,300 | 166,400 | 502,300 | 518,700
Interest expense from finance leases | 0 | 0 | 0 | 0
Depreciation and amortization | 100 | 100 | 400 | 300
Other segment items | 10,100 | 9,800 | 33,400 | 31,300
Gross profit | 82,900 | 86,600 | 256,200 | 267,600
Stock based compensation (direct) | 800 | 1,600 | 2,800 | 4,800
(Gain) loss on disposition of assets | (0) | (0) | (100) | (100)
Other G&A expenses (direct and allocated) | 31,300 | 28,300 | 94,500 | 88,300
Segment operating profit (loss) | 50,900 | 56,800 | 159,000 | 174,500
Operating Segments | Franchise Segment | Advertising revenues |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues excluding advertising revenue | 68,200 | 69,800 | 212,200 | 219,600
Operating Segments | Franchise Segment | Revenues excluding advertising revenue |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues excluding advertising revenue | 93,100 | 96,600 | 290,000 | 299,200
Operating Segments | Company Restaurants Segment |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Total revenues | 27,500 | 300 | 77,300 | 800
Interest expense from finance leases | 0 | 0 | 0 | 0
Depreciation and amortization | 900 | 0 | 2,200 | 100
Other segment items | 31,200 | 300 | 82,800 | 800
Gross profit | (4,500) | 0 | (7,600) | (100)
Stock based compensation (direct) | 0 | 0 | 0 | 0
(Gain) loss on disposition of assets | 0 | 0 | 0 | 0
Other G&A expenses (direct and allocated) | 1,900 | 0 | 5,200 | 0
Segment operating profit (loss) | (6,400) | 0 | (12,800) | (100)
Operating Segments | Company Restaurants Segment | Advertising revenues |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues excluding advertising revenue | 0 | 0 | 0 | 0
Operating Segments | Company Restaurants Segment | Revenues excluding advertising revenue |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues excluding advertising revenue | 27,500 | 300 | 77,300 | 800
Operating Segments | Rental |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Total revenues | 27,000 | 28,000 | 81,200 | 86,500
Interest expense from finance leases | 700 | 700 | 2,100 | 2,200
Depreciation and amortization | 2,400 | 2,500 | 7,300 | 7,700
Other segment items | 18,000 | 18,400 | 54,100 | 55,300
Gross profit | 5,900 | 6,400 | 17,800 | 21,300
Stock based compensation (direct) | 0 | 0 | 0 | 0
(Gain) loss on disposition of assets | 0 | 0 | 0 | 0
Other G&A expenses (direct and allocated) | 0 | 0 | 0 | 0
Segment operating profit (loss) | 5,900 | 6,400 | 17,800 | 21,300
Operating Segments | Rental | Advertising revenues |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues excluding advertising revenue | 0 | 0 | 0 | 0
Operating Segments | Rental | Revenues excluding advertising revenue |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues excluding advertising revenue | 27,000 | 28,000 | 81,200 | 86,500
Operating Segments | Financing |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Total revenues | 300 | 400 | 900 | 1,400
Interest expense from finance leases | 0 | 0 | 0 | 0
Depreciation and amortization | 0 | 0 | 0 | 0
Other segment items | 100 | 100 | 200 | 200
Gross profit | 200 | 300 | 800 | 1,200
Stock based compensation (direct) | 0 | 0 | 0 | 0
(Gain) loss on disposition of assets | 0 | 0 | 0 | 0
Other G&A expenses (direct and allocated) | 0 | 0 | 0 | 0
Segment operating profit (loss) | 200 | 300 | 800 | 1,200
Operating Segments | Financing | Advertising revenues |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues excluding advertising revenue | 0 | 0 | 0 | 0
Operating Segments | Financing | Revenues excluding advertising revenue |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues excluding advertising revenue | 300 | 400 | 900 | 1,400
Segment Reporting Excluding Corporate Expenditure |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Depreciation and amortization | 4,200 | 4,300 | 13,100 | 12,800
Stock based compensation (direct) | 2,300 | 2,300 | 6,900 | 7,800
Other G&A expenses (direct and allocated) | 9,700 | 9,000 | 29,800 | 30,700
Interest expense, net | 20,800 | 18,400 | 56,300 | 54,300
Closure and impairment charges | 600 | 400 | 7,600 | 1,400
Amortization of intangible assets | 2,900 | 2,700 | 8,300 | 8,200
Loss on extinguishment of debt | 0 | 0 | 900 | 0
Income before income taxes | $ 10,100 | $ 26,500 | $ 41,800 | $ 81,700

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