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CONSOLIDATED STATEMENTS OF NET INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 01, 2022
Oct. 02, 2021
Oct. 01, 2022
Oct. 02, 2021
Revenues, net $ 249,718 $ 293,497 $ 816,932 $ 936,672
Cost of revenues 97,367 115,460 321,521 379,174
Gross profit 152,351 178,037 495,411 557,498
Marketing expenses 35,696 34,569 195,123 208,656
Selling, general and administrative expenses 58,443 63,745 193,320 206,615
Franchise rights acquired and goodwill impairments 312,741   339,161  
Operating (loss) income (254,529) 79,723 (232,193) 142,227
Interest expense 20,912 19,283 58,837 68,699
Other expense, net 1,344 764 3,303 908
Early extinguishment of debt       29,169
(Loss) income before income taxes (276,785) 59,676 (294,333) 43,451
(Benefit from) provision for income taxes (70,749) 13,346 (75,431) 6,488
Net (loss) Income $ (206,036) $ 46,330 $ (218,902) $ 36,963
(Net loss) earnings per share        
Basic $ (2.93) $ 0.66 $ (3.12) $ 0.53
Diluted $ (2.93) $ 0.65 $ (3.12) $ 0.52
Weighted average common shares outstanding        
Basic 70,383 69,875 70,258 69,516
Diluted 70,383 70,860 70,258 70,866
Subscription        
Revenues, net $ 220,746 $ 262,401 $ 718,122 $ 815,092
Cost of revenues 73,541 90,280 243,710 285,209
Product and Other        
Revenues, net 28,972 31,096 98,810 121,580
Cost of revenues $ 23,826 $ 25,180 $ 77,811 $ 93,965