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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 28, 2024
Dec. 30, 2023
Dec. 31, 2022
Revenues, net $ 785,921 $ 889,551 $ 1,039,835
Cost of revenues 252,818 360,248 418,456
Gross profit 533,103 529,303 621,379
Marketing expenses 236,467 238,387 244,783
Selling, general and administrative expenses 217,825 264,950 263,840
Franchise rights acquired and goodwill impairments 315,033 3,633 396,727
Operating (loss) income (236,222) 22,333 (283,971)
Interest expense 108,954 95,893 81,141
Other (income) expense, net (1) 72 1,691
Loss before income taxes (345,175) (73,632) (366,803)
Provision for (benefit from) income taxes 526 38,623 (109,935)
Net loss $ (345,701) $ (112,255) $ (256,868)
Net loss per share      
Basic $ (4.34) $ (1.46) $ (3.65)
Diluted $ (4.34) $ (1.46) $ (3.65)
Weighted average common shares outstanding      
Basic 79,578 76,677 70,321
Diluted 79,578 76,677 70,321
Subscription      
Revenues, net $ 776,993 $ 822,755 $ 919,055
Cost of revenues 250,954 301,062 321,528
Other      
Revenues, net 8,928 66,796 120,780
Cost of revenues $ 1,864 $ 59,186 $ 96,928