CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 28, 2024
CURRENT ASSETS
Cash and cash equivalents	$ 170,145	$ 53,024
Restricted cash	7,421	3,003
Receivables (net of allowances: September 30, 2025 - $1,307 and December 28, 2024 - $3,166)	14,902	14,428
Prepaid income taxes	6,290	11,676
Prepaid marketing and advertising	3,599	4,969
Prepaid expenses and other current assets	16,965	15,548
TOTAL CURRENT ASSETS	219,322	102,648
Property and equipment, net	8,892	15,798
Operating lease assets	3,229	42,047
Goodwill	200,073	239,583
Other intangible assets, net	507,629	115,762
Deferred income taxes	16,298	16,686
Other noncurrent assets	13,309	17,752
TOTAL ASSETS	968,752	550,276
CURRENT LIABILITIES
Portion of operating lease liabilities due within one year	1,256	8,168
Accounts payable	11,340	17,803
Salaries and wages payable	33,464	53,143
Accrued marketing and advertising	14,788	12,805
Accrued interest	977	11,322
Deferred acquisition payable	1,000	15,503
Other accrued liabilities	26,056	20,593
Income taxes payable	16,448	2,339
Deferred revenue	27,631	31,655
TOTAL CURRENT LIABILITIES	132,960	173,331
Long-term debt, net	465,492	1,430,643
Long-term operating lease liabilities	2,198	44,322
Deferred income taxes	44,465	14,762
Other noncurrent liabilities	648	1,590
TOTAL LIABILITIES	645,763	1,664,648
TOTAL EQUITY (DEFICIT)
Successor common stock, $0 par value; 1,000,000 shares authorized; 9,987 shares issued at September 30, 2025, Predecessor common stock, $0 par value; 1,000,000 shares authorized; 130,048 shares issued at December 28, 2024	378,533
Predecessor treasury stock, at cost, 49,997 shares at December 28, 2024		(3,024,710)
(Accumulated deficit) retained earnings	(56,262)	1,936,170
Accumulated other comprehensive income (loss)	718	(25,832)
TOTAL EQUITY (DEFICIT)	322,989	(1,114,372)
TOTAL LIABILITIES AND TOTAL EQUITY (DEFICIT)	$ 968,752	$ 550,276

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of obligations incurred through that date and payable for the marketing, trade and selling of the entity's goods and services. Marketing costs would include expenditures for planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services; costs of public relations and corporate promotions; and obligations incurred and payable for sales discounts, rebates, price protection programs, etc. offered to customers and under government programs. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References

No definition available.