Domino's Pizza (DPZ) 10-Q 28 Apr 22 2023 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Mar. 27, 2022	Apr. 21, 2022
Cover [Abstract]
Document Type	10-Q
Entity Interactive Data Current	Yes
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Entity Central Index Key	0001286681
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2022
Document Period End Date	Mar. 27, 2022
Entity Registrant Name	Domino’s Pizza, Inc.
Entity File Number	001-32242
Current Fiscal Year End Date	--01-01
Entity Tax Identification Number	38-2511577
Entity Incorporation, State or Country Code	DE
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Address, Address Line One	30 Frank Lloyd Wright Drive
Entity Address, City or Town	Ann Arbor
Entity Address, State or Province	MI
Entity Address, Postal Zip Code	48105
City Area Code	734
Local Phone Number	930-3030
Trading Symbol	DPZ
Security Exchange Name	NYSE
Title of 12(b) Security	Common Stock
Entity Common Stock, Shares Outstanding		36,045,067

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 27, 2022	Jan. 02, 2022	[1]
Current assets:
Cash and cash equivalents	$ 164,962	$ 148,160
Restricted cash and cash equivalents	168,241	180,579
Accounts receivable, net	246,978	255,327
Inventories	77,711	68,328
Prepaid expenses and other	27,857	27,242
Advertising fund assets, restricted	175,488	180,904
Total current assets	861,237	860,540
Property, plant and equipment:
Land and buildings	108,426	108,372
Leasehold and other improvements	195,355	193,572
Equipment	318,504	312,772
Construction in progress	26,652	27,815
Property, plant and equipment, Gross	648,937	642,531
Accumulated depreciation and amortization	(329,290)	(318,466)
Property, plant and equipment, net	319,647	324,065
Other assets:
Operating lease right-of-use assets	209,099	210,702
Goodwill	16,153	15,034
Capitalized software, net	96,790	95,558
Investments	125,840	125,840
Other assets	43,009	37,968
Deferred income taxes	2,247	2,109
Total other assets	493,138	487,211
Total assets	1,674,022	1,671,816
Current liabilities:
Current portion of long-term debt	55,632	55,588
Accounts payable	92,353	91,547
Operating lease liabilities	37,384	37,155
Insurance reserves	31,658	32,588
Dividends payable	40,632	918
Advertising fund liabilities	168,161	173,737
Other accrued liabilities	169,004	199,208
Total current liabilities	594,824	590,741
Long-term liabilities:
Long-term debt, less current portion	5,002,092	5,014,638
Operating lease liabilities	182,369	184,471
Insurance reserves	38,689	36,913
Other accrued liabilities	49,825	50,667
Deferred income taxes	4,865	3,922
Total long-term liabilities	5,277,840	5,290,611
Stockholders' deficit
Common stock	360	361
Additional paid-in capital	3,545	840
Retained deficit	(4,200,341)	(4,207,917)
Accumulated other comprehensive loss	(2,206)	(2,820)
Total stockholders' deficit	(4,198,642)	(4,209,536)
Total liabilities and stockholders' deficit	$ 1,674,022	$ 1,671,816
[1]	The condensed consolidated balance sheet at January 2, 2022 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements.

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 27, 2022	Mar. 28, 2021
Revenues:
Revenue	$ 1,011,149	$ 983,698
Cost of sales:
Cost of sales	642,525	594,547
Operating margin	368,624	389,151
General and administrative	97,494	91,253
U.S. franchise advertising	106,589	111,360
Income from operations	164,541	186,538
Other Income		2,500
Interest income	49	22
Interest expense	(46,872)	(39,422)
Income before provision for income taxes	117,718	149,638
Provision for income taxes	26,754	31,877
Net income	$ 90,964	$ 117,761
Earnings per share:
Common stock - basic	$ 2.53	$ 3.04
Common stock - diluted	$ 2.50	$ 3
U.S. Stores [Member] | U.S. Company-owned stores [Member]
Revenues:
Revenue	$ 103,895	$ 112,744
Cost of sales:
Cost of sales	87,375	85,742
U.S. Stores [Member] | U.S. franchise stores [Member]
Revenues:
Revenue	122,285	124,486
U.S. Stores [Member] | U.S. franchise advertising [Member]
Revenues:
Revenue	106,589	111,360
Supply Chain [Member] | Supply Chain Center [Member]
Revenues:
Revenue	609,547	568,338
Cost of sales:
Cost of sales	555,150	508,805
International Franchise [Member] | International franchise royalties and fees [Member]
Revenues:
Revenue	$ 68,833	$ 66,770

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 27, 2022	Mar. 28, 2021
Statement of Comprehensive Income [Abstract]
Net income	$ 90,964	$ 117,761
Currency translation adjustment	614	186
Comprehensive income	$ 91,578	$ 117,947

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 27, 2022		Mar. 28, 2021
Cash flows from operating activities:
Net income	$ 90,964		$ 117,761
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	18,976		16,465
Loss on sale/disposal of assets	195		161
Amortization of debt issuance costs	1,319		1,203
Provision for deferred income taxes	1,319		1,578
Non-cash equity-based compensation expense	7,265		5,204
Excess tax benefits from equity-based compensation	(86)		(914)
Provision for losses on accounts and notes receivable	1,462		180
Unrealized gain on investments	0		(2,500)
Changes in operating assets and liabilities	(34,718)		(1,634)
Changes in advertising fund assets and liabilities, restricted	(7,907)		15,347
Net cash provided by operating activities	78,789		152,851
Cash flows from investing activities:
Capital expenditures	(12,454)		(16,561)
Purchase of investments	0		(40,000)
Purchases of franchise operations and other assets	(6,814)		0
Other	(1,368)		121
Net cash used in investing activities	(20,636)		(56,440)
Cash flows from financing activities:
Repayments of long-term debt and finance lease obligations	(13,861)		(704)
Proceeds from exercise of stock options	266		3,693
Purchases of common stock	(47,661)		(25,000)
Tax payments for restricted stock upon vesting	(789)		(1,044)
Payments of common stock dividends and equivalents	(51)		(64)
Net cash used in financing activities	(62,096)		(23,119)
Effect of exchange rate changes on cash	374		161
Change in cash and cash equivalents, restricted cash and cash equivalents	(3,569)		73,453
Cash and cash equivalents, beginning of period	148,160	[1]	168,821
Restricted cash and cash equivalents, beginning of period	180,579	[1]	217,453
Cash and cash equivalents included in advertising fund assets, restricted, beginning of period	161,741		115,872
Cash and cash equivalents, restricted cash and cash equivalents and cash and cash equivalents included in advertising fund assets, restricted, beginning of period	490,480		502,146
Cash and cash equivalents, end of period	164,962		267,719
Restricted cash and cash equivalents, end of period	168,241		176,029
Cash and cash equivalents included in advertising fund assets, restricted, end of period	153,708		131,851
Cash and cash equivalents, restricted cash and cash equivalents and cash and cash equivalents included in advertising fund assets, restricted, end of period	$ 486,911		$ 575,599
[1]	The condensed consolidated balance sheet at January 2, 2022 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements.

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 27, 2022
Accounting Policies [Abstract]
Basis of Presentation	1. Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements. For further information, refer to the consolidated financial statements and footnotes for the fiscal year ended January 2, 2022 included in the Company’s 2021 Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 1, 2022 (the “2021 Form 10-K”). In the opinion of management, all adjustments, consisting of normal recurring items, considered necessary for a fair statement have been included. Operating results for the fiscal quarter ended March 27, 2022 are not necessarily indicative of the results that may be expected for the fiscal year ending January 1, 2023 .

Segment Information

Segment Information	3 Months Ended
	Mar. 27, 2022
Segment Reporting [Abstract]
Segment Information	2. Segment Information The following tables summarize revenues and earnings before interest, taxes, depreciation, amortization and other, which is the measure by which the Company allocates resources to its segments and which the Company refers to as Segment Income, for each of its reportable segments. Intersegment revenues are comprised of sales of food, equipment and supplies from the supply chain segment to the Company-owned stores in the U.S. stores segment. Intersegment sales prices are market based. The “Other” column as it relates to Segment Income below primarily includes corporate administrative costs that are not allocable to a reportable segment, including labor, computer expenses, professional fees, travel and entertainment, rent, insurance and other corporate administrative costs. Fiscal Quarters Ended March 27, 2022 and March 28, 2021 U.S. Supply International Intersegment Stores Chain Franchise Revenues Other Total Revenues 2022 $ 332,769 $ 641,962 $ 68,833 $ ( 32,415 ) $ — $ 1,011,149 2021 348,590 599,177 66,770 ( 30,839 ) — 983,698 Segment Income 2022 $ 97,292 $ 46,349 $ 55,046 N/A $ ( 7,710 ) $ 190,977 2021 107,436 52,552 54,468 N/A ( 6,088 ) 208,368 The following table reconciles total Segment Income to consolidated income before provision for income taxes. Fiscal Quarter Ended March 27, March 28, 2022 2021 Total Segment Income $ 190,977 $ 208,368 Depreciation and amortization ( 18,976 ) ( 16,465 ) Loss on sale/disposal of assets ( 195 ) ( 161 ) Non-cash equity-based compensation expense ( 7,265 ) ( 5,204 ) Income from operations 164,541 186,538 Other income — 2,500 Interest income 49 22 Interest expense ( 46,872 ) ( 39,422 ) Income before provision for income taxes $ 117,718 $ 149,638

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 27, 2022
Earnings Per Share [Abstract]
Earnings Per Share	3. Earnings Per Share Fiscal Quarter Ended March 27, March 28, 2022 2021 Net income available to common stockholders - basic and diluted $ 90,964 $ 117,761 Basic weighted average number of shares 36,000,896 38,700,225 Earnings per share – basic $ 2.53 $ 3.04 Diluted weighted average number of shares 36,435,038 39,208,383 Earnings per share – diluted $ 2.50 $ 3.00 The denominators used in calculating diluted earnings per share for common stock for the fiscal quarters ended March 27, 2022 and March 28, 2021 do not include the following because the effect of including these shares would be anti-dilutive or because the performance targets for these awards had not yet been met: Fiscal Quarter Ended March 27, March 28, 2022 2021 Anti-dilutive shares underlying stock-based awards Stock options 74,152 51,490 Restricted stock awards and units 469 — Performance condition not met Restricted stock awards and units 42,777 65,967

Stockholders' Deficit

Stockholders' Deficit	3 Months Ended
	Mar. 27, 2022
Federal Home Loan Banks [Abstract]
Stockholders' Deficit	4. Stockholders’ Deficit The following table summarizes the changes in stockholders’ deficit for the first quarter of 2022. Accumulated Additional Other Common Stock Paid-in Retained Comprehensive Shares Amount Capital Deficit Loss Balance at January 2, 2022 36,138,273 $ 361 $ 840 $ ( 4,207,917 ) $ ( 2,820 ) Net income — — — 90,964 — Dividends declared on common stock and equivalents 1.10 per share) — — — ( 39,765 ) — Issuance and cancellation of stock awards, net 340 — — — — Tax payments for restricted stock upon vesting ( 1,875 ) — ( 789 ) — — Purchases of common stock ( 100,810 ) ( 1 ) ( 4,037 ) ( 43,623 ) — Exercise of stock options 1,445 — 266 — — Non-cash equity-based compensation expense — — 7,265 — — Currency translation adjustment — — — — 614 Balance at March 27, 2022 36,037,373 $ 360 $ 3,545 $ ( 4,200,341 ) $ ( 2,206 ) Subsequent to the end of the first quarter of 2022 , on April 26, 2022 , the Company’s Board of Directors declared a $ 1.10 per share quarterly dividend on its outstanding common stock for shareholders of record as of June 15, 2022 to be paid on June 30, 2022 . The following table summarizes the changes in stockholders’ deficit for the first quarter of 2021. Accumulated Additional Other Common Stock Paid-in Retained Comprehensive Shares Amount Capital Deficit Loss Balance at January 3, 2021 38,868,350 $ 389 $ 5,122 $ ( 3,303,492 ) $ ( 2,424 ) Net income — — — 117,761 — Dividends declared on common stock and equivalents 0.94 per share) — — — ( 36,475 ) — Issuance and cancellation of stock awards, net ( 2,755 ) — — — — Tax payments for restricted stock upon vesting ( 2,791 ) — ( 1,044 ) — — Purchases of common stock ( 65,870 ) ( 1 ) ( 6,363 ) ( 18,636 ) — Exercise of stock options 21,263 — 3,693 — — Non-cash equity-based compensation expense — — 5,204 — — Currency translation adjustment — — — — 186 Balance at March 28, 2021 38,818,197 $ 388 $ 6,612 $ ( 3,240,842 ) $ ( 2,238 )

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 27, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	. Fair Value Measurements Fair value measurements enable the reader of the financial statements to assess the inputs used to develop those measurements by establishing a hierarchy for ranking the quality and reliability of the information used to determine fair values. The Company classifies and discloses assets and liabilities carried at fair value in one of the following three categories: Level 1: Quoted market prices in active markets for identical assets or liabilities. Level 2: Observable market-based inputs or unobservable inputs that are corroborated by market data. Level 3: Unobservable inputs that are not corroborated by market data. Fair Value of Cash Equivalents and Investments The fair values of the Company’s cash equivalents and investments in marketable securities are based on quoted prices in active markets for identical assets. The fair value of the Company’s Level 3 investment is not readily determinable. The fair value represents its cost with adjustments for observable changes in prices resulting from orderly transactions for the identical or a similar investment of the same issuer or impairments. The following tables summarize the carrying amounts and fair values of certain assets at March 27, 2022 and January 2, 2022: At March 27, 2022 Fair Value Estimated Using Carrying Level 1 Level 2 Level 3 Amount Inputs Inputs Inputs Cash equivalents $ 130,561 $ 130,561 $ — $ — Restricted cash equivalents 119,832 119,832 — — Investments in marketable securities 14,417 14,417 — — Advertising fund cash equivalents, restricted 139,780 139,780 — — Investments 125,840 — — 125,840 At January 2, 2022 Fair Value Estimated Using Carrying Level 1 Level 2 Level 3 Amount Inputs Inputs Inputs Cash equivalents $ 87,384 $ 87,384 $ — $ — Restricted cash equivalents 115,185 115,185 — — Investments in marketable securities 15,433 15,433 — — Advertising fund cash equivalents, restricted 140,115 140,115 — — Investments 125,840 — — 125,840 The Company holds a non-controlling interest in DPC Dash Ltd, a privately-held business company limited by shares incorporated with limited liability under the laws of the British Virgin Islands (“DPC Dash”). Through its subsidiaries, DPC Dash serves as the Company’s master franchisee in China that owns and operates Domino’s Pizza stores in that market. The Company’s investment in DPC Dash’s senior ordinary shares, which are not in-substance common stock, represents an equity investment without a readily determinable fair value and is recorded at cost with adjustments for observable changes in prices resulting from orderly transactions for the identical or a similar investment of the same issuer or impairments. The Company did not record any adjustments to the carrying amount of $ 125.8 million in the first quarter of 2022 . The following table summarizes the reconciliation of the carrying amount of the Company’s investment in DPC Dash from the opening balance at January 3, 2021 to the closing balance at March 28, 2021. Fiscal Quarter Ended March 28, 2021 Carrying Amount Carrying Amount January 3, Unrealized March 28, 2021 Purchases Gain 2021 Investments $ 40,000 $ 40,000 $ 2,500 $ 82,500 Fair Value of Debt The estimated fair values of the Company’s fixed rate notes are classified as Level 2 measurements, as the Company estimates the fair value amount by using available market information. The Company obtained quotes from two separate brokerage firms that are knowledgeable about the Company’s fixed rate notes and, at times, trade these notes. The Company also performed its own internal analysis based on the information gathered from public markets, including information on notes that are similar to those of the Company. However, considerable judgment is required to interpret market data to estimate fair value. Accordingly, the fair value estimates presented are not necessarily indicative of the amount that the Company or the debtholders could realize in a current market exchange. The use of different assumptions and/or estimation methodologies may have a material effect on the estimated fair values stated below. Management estimated the approximate fair values of the Company's 2015, 2017, 2018, 2019 and 2021 notes as follows: March 27, 2022 January 2, 2022 Principal Amount Fair Value Principal Amount Fair Value 2015 Ten-Year Notes $ 758,000 $ 764,064 $ 760,000 $ 777,480 2017 Ten-Year Notes 960,000 951,360 962,500 1,000,038 2018 7.5-Year Notes 411,188 411,599 412,250 420,907 2018 9.25-Year Notes 387,000 386,226 388,000 407,788 2019 Ten-Year Notes 661,500 635,702 663,188 693,031 2021 7.5-Year Notes 843,625 773,604 845,750 849,133 2021 Ten-Year Notes 992,500 912,108 995,000 1,017,885 The Company did not have any outstanding borrowings under its variable funding notes at March 27, 2022 or January 2, 2022 .

Revenue Disclosures

Revenue Disclosures	3 Months Ended
	Mar. 27, 2022
Revenue from Contract with Customer [Abstract]
Revenue Disclosures	6. Revenue Disclosures Contract Liabilities Contract liabilities primarily consist of deferred franchise fees and deferred development fees. Deferred franchise fees and deferred development fees of $ 5.4 million were included in current other accrued liabilities as of March 27, 2022 and January 2, 2022 . Deferred franchise fees and deferred development fees of $ 24.0 million and $ 24.3 million were included in long-term other accrued liabilities as of March 27, 2022 and January 2, 2022, respectively. Changes in deferred franchise fees and deferred development fees for the first quarter of 2022 and the first quarter of 2021 were as follows: Fiscal Quarter Ended March 27, March 28, 2022 2021 Deferred franchise fees and deferred development fees at beginning of period $ 29,694 $ 19,090 Revenue recognized during the period ( 1,420 ) ( 1,390 ) New deferrals due to cash received and other 1,159 803 Deferred franchise fees and deferred development fees at end of period $ 29,433 $ 18,503 Advertising Fund Assets As of March 27, 2022, advertising fund assets, restricted of $ 175.5 million consisted of $ 153.7 million of cash and cash equivalents, $ 15.4 million of accounts receivable and $ 6.4 million of prepaid expenses. As of March 27, 2022, advertising fund cash and cash equivalents included $ 7.3 million of cash contributed from U.S. Company-owned stores that had not yet been expended. As of January 2, 2022 , advertising fund assets, restricted of $ 180.9 million consisted of $ 161.7 million of cash and cash equivalents, $ 14.5 million of accounts receivable and $ 4.7 million of prepaid expenses. As of January 2, 2022 , advertising fund cash and cash equivalents included $ 7.2 million of cash contributed from U.S. Company-owned stores that had not yet been expended.

Leases

Leases	3 Months Ended
	Mar. 27, 2022
Leases [Abstract]
Leases	7. Leases The Company leases certain retail store and supply chain center locations, supply chain vehicles, equipment and its corporate headquarters with expiration dates through 2041. The components of operating and finance lease cost for the first quarter of 2022 and the first quarter of 2021 were as follows: Fiscal Quarter Ended March 27, March 28, 2022 2021 Operating lease cost $ 10,275 $ 10,424 Finance lease cost: Amortization of right-of-use assets 1,208 919 Interest on lease liabilities 1,104 1,026 Total finance lease cost $ 2,312 $ 1,945 Rent expense totaled $ 18.9 million and $ 18.2 million in the first quarter of 2022 and the first quarter of 2021 , respectively. Rent expense includes operating lease cost, as well as expense for non-lease components including common area maintenance, real estate taxes and insurance for the Company’s real estate leases. Rent expense also includes the variable rate per mile driven and fixed maintenance charges for the Company’s supply chain center tractors and trailers and expense for short-term rentals. Rent expense for certain short-term supply chain center tractor and trailer rentals was $ 2.2 million and $ 1.8 million in the first quarter of 2022 and the first quarter of 2021, respectively. Variable rent expense and rent expense for other short-term leases were immaterial in both the first quarter of 2022 and the first quarter of 2021. Supplemental balance sheet information related to the Company’s finance leases as of March 27, 2022 and January 2, 2022 was as follows: March 27, January 2, 2022 2022 Land and buildings $ 87,019 $ 86,965 Accumulated depreciation and amortization ( 15,641 ) ( 14,423 ) Finance lease assets, net $ 71,378 $ 72,542 Current portion of long-term debt $ 4,132 $ 4,088 Long-term debt , less current portion 71,260 72,250 Total principal payable on finance leases $ 75,392 $ 76,338 As of March 27, 2022 and January 2, 2022, the weighted average remaining lease term and weighted average discount rate for the Company’s operating and finance leases were as follows: March 27, 2022 January 2, 2022 Operating Finance Operating Finance Leases Leases Leases Leases Weighted average remaining lease term 7 years 15 years 7 years 15 years Weighted average discount rate 3.5 % 5.8 % 3.5 % 5.8 % Supplemental cash flow information related to leases for the first quarter of 2022 and the first quarter of 2021 were as follows: Fiscal Quarter Ended March 27, March 28, 2022 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 10,637 $ 10,187 Operating cash flows from finance leases 1,104 1,026 Financing cash flows from finance leases 986 704 Right-of-use assets obtained in exchange for lease obligations: Operating leases 7,758 4,672 Finance leases — 399 Maturities of lease liabilities as of March 27, 2022 were as follows: Operating Finance Leases Leases 2022 $ 35,957 $ 6,078 2023 40,220 7,542 2024 39,100 8,121 2025 33,501 7,942 2026 30,487 8,640 Thereafter 67,721 78,139 Total future minimum rental commitments 246,986 116,462 Less – amounts representing interest ( 27,233 ) ( 41,070 ) Total lease liabilities $ 219,753 $ 75,392 As of March 27, 2022 , the Company had additional leases for one supply chain center and certain supply chain tractors and trailers that had not yet commenced with estimated future minimum rental commitments of approximately $ 63.0 million. These leases are expected to commence in 2022 with lease terms of up to 16 years . These undiscounted amounts are not included in the table above. The Company has guaranteed lease payments related to certain franchisees’ lease arrangements. The maximum amount of potential future payments under these guarantees was $ 8.6 million and $ 9.1 million as of March 27, 2022 and January 2, 2022 , respectively. The Company does not believe these arrangements have or are likely to have a material effect on its results of operations, financial condition, revenues, expenses or liquidity.

Supplemental Disclosures of Cas

Supplemental Disclosures of Cash Flow Information	3 Months Ended
	Mar. 27, 2022
Supplemental Cash Flow Elements [Abstract]
Supplemental Disclosures of Cash Flow Information	8. Supplemental Disclosures of Cash Flow Information The Company had non-cash investing activities related to accruals for capital expenditures of $ 6.9 million at March 27, 2022 and $ 5.4 million at January 2, 2022 .

Company-owned Store Transaction

Company-owned Store Transactions	3 Months Ended
	Mar. 27, 2022
Business Combinations [Abstract]
Company-owned Store Transactions	9. Company-owned Store Transactions During the first quarter of 2022, the Company purchased 23 U.S. franchised stores from certain of the Company ’ s existing U.S. franchisees for $ 6.8 million, which included $ 4.0 million of intangibles, $ 1.7 million of equipment and leasehold improvements and $ 1.1 million of goodwill.

New Accounting Pronouncements

New Accounting Pronouncements	3 Months Ended
	Mar. 27, 2022
Accounting Changes and Error Corrections [Abstract]
New Accounting Pronouncements	. New Accounting Pronouncements Accounting Standards Not Yet Adopted The Company has considered all new accounting standards issued by the Financial Accounting Standards Board (“FASB”). The Company has not yet completed its assessment of the following standard. Accounting Standards Update (“ASU”) 2020-04, Facilitation of the Effects of Reference Rate Reform on Financial Reporting In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting (“ASU 2020-04”) , which provides temporary optional expedients and exceptions for applying generally accepted accounting principles to contracts, hedging relationships and other transactions affected by reference rate reform. The Company’s variable funding notes bear interest at fluctuating interest rates based on LIBOR. However, the associated loan documents contemplate a transition from LIBOR to secured overnight financing rate (“SOFR”) in the event that LIBOR ceases to exist. If the Company further needs to renegotiate its loan documents, the Company cannot predict what alternative index would be negotiated with its lenders. ASU 2020-04 may currently be adopted and may be applied prospectively to contract modifications made on or before December 31, 2022. The Company is currently assessing the impact of adopting this standard but does not expect the adoption of this guidance to have a material impact on its condensed consolidated financial statements.

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 27, 2022
Segment Reporting [Abstract]
Financial Information by Operating Segment	The following tables summarize revenues and earnings before interest, taxes, depreciation, amortization and other, which is the measure by which the Company allocates resources to its segments and which the Company refers to as Segment Income, for each of its reportable segments. Intersegment revenues are comprised of sales of food, equipment and supplies from the supply chain segment to the Company-owned stores in the U.S. stores segment. Intersegment sales prices are market based. The “Other” column as it relates to Segment Income below primarily includes corporate administrative costs that are not allocable to a reportable segment, including labor, computer expenses, professional fees, travel and entertainment, rent, insurance and other corporate administrative costs. Fiscal Quarters Ended March 27, 2022 and March 28, 2021 U.S. Supply International Intersegment Stores Chain Franchise Revenues Other Total Revenues 2022 $ 332,769 $ 641,962 $ 68,833 $ ( 32,415 ) $ — $ 1,011,149 2021 348,590 599,177 66,770 ( 30,839 ) — 983,698 Segment Income 2022 $ 97,292 $ 46,349 $ 55,046 N/A $ ( 7,710 ) $ 190,977 2021 107,436 52,552 54,468 N/A ( 6,088 ) 208,368
Reconciliation of Total Segment Income to Consolidated Income Before Provision for Income Taxes	The following table reconciles total Segment Income to consolidated income before provision for income taxes. Fiscal Quarter Ended March 27, March 28, 2022 2021 Total Segment Income $ 190,977 $ 208,368 Depreciation and amortization ( 18,976 ) ( 16,465 ) Loss on sale/disposal of assets ( 195 ) ( 161 ) Non-cash equity-based compensation expense ( 7,265 ) ( 5,204 ) Income from operations 164,541 186,538 Other income — 2,500 Interest income 49 22 Interest expense ( 46,872 ) ( 39,422 ) Income before provision for income taxes $ 117,718 $ 149,638

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 27, 2022
Earnings Per Share [Abstract]
Earnings Per Share	Fiscal Quarter Ended March 27, March 28, 2022 2021 Net income available to common stockholders - basic and diluted $ 90,964 $ 117,761 Basic weighted average number of shares 36,000,896 38,700,225 Earnings per share – basic $ 2.53 $ 3.04 Diluted weighted average number of shares 36,435,038 39,208,383 Earnings per share – diluted $ 2.50 $ 3.00
Schedule of Denominators Used in Calculating Earning Per Common Share	The denominators used in calculating diluted earnings per share for common stock for the fiscal quarters ended March 27, 2022 and March 28, 2021 do not include the following because the effect of including these shares would be anti-dilutive or because the performance targets for these awards had not yet been met: Fiscal Quarter Ended March 27, March 28, 2022 2021 Anti-dilutive shares underlying stock-based awards Stock options 74,152 51,490 Restricted stock awards and units 469 — Performance condition not met Restricted stock awards and units 42,777 65,967

Stockholders' Deficit (Tables)

Stockholders' Deficit (Tables)	3 Months Ended
	Mar. 27, 2022
Federal Home Loan Banks [Abstract]
Changes in Stockholders' Deficit	The following table summarizes the changes in stockholders’ deficit for the first quarter of 2022. Accumulated Additional Other Common Stock Paid-in Retained Comprehensive Shares Amount Capital Deficit Loss Balance at January 2, 2022 36,138,273 $ 361 $ 840 $ ( 4,207,917 ) $ ( 2,820 ) Net income — — — 90,964 — Dividends declared on common stock and equivalents 1.10 per share) — — — ( 39,765 ) — Issuance and cancellation of stock awards, net 340 — — — — Tax payments for restricted stock upon vesting ( 1,875 ) — ( 789 ) — — Purchases of common stock ( 100,810 ) ( 1 ) ( 4,037 ) ( 43,623 ) — Exercise of stock options 1,445 — 266 — — Non-cash equity-based compensation expense — — 7,265 — — Currency translation adjustment — — — — 614 Balance at March 27, 2022 36,037,373 $ 360 $ 3,545 $ ( 4,200,341 ) $ ( 2,206 ) The following table summarizes the changes in stockholders’ deficit for the first quarter of 2021. Accumulated Additional Other Common Stock Paid-in Retained Comprehensive Shares Amount Capital Deficit Loss Balance at January 3, 2021 38,868,350 $ 389 $ 5,122 $ ( 3,303,492 ) $ ( 2,424 ) Net income — — — 117,761 — Dividends declared on common stock and equivalents 0.94 per share) — — — ( 36,475 ) — Issuance and cancellation of stock awards, net ( 2,755 ) — — — — Tax payments for restricted stock upon vesting ( 2,791 ) — ( 1,044 ) — — Purchases of common stock ( 65,870 ) ( 1 ) ( 6,363 ) ( 18,636 ) — Exercise of stock options 21,263 — 3,693 — — Non-cash equity-based compensation expense — — 5,204 — — Currency translation adjustment — — — — 186 Balance at March 28, 2021 38,818,197 $ 388 $ 6,612 $ ( 3,240,842 ) $ ( 2,238 )

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 27, 2022
Fair Value Disclosures [Abstract]
Carrying Amounts and Fair Values of Certain Assets	The following tables summarize the carrying amounts and fair values of certain assets at March 27, 2022 and January 2, 2022: At March 27, 2022 Fair Value Estimated Using Carrying Level 1 Level 2 Level 3 Amount Inputs Inputs Inputs Cash equivalents $ 130,561 $ 130,561 $ — $ — Restricted cash equivalents 119,832 119,832 — — Investments in marketable securities 14,417 14,417 — — Advertising fund cash equivalents, restricted 139,780 139,780 — — Investments 125,840 — — 125,840 At January 2, 2022 Fair Value Estimated Using Carrying Level 1 Level 2 Level 3 Amount Inputs Inputs Inputs Cash equivalents $ 87,384 $ 87,384 $ — $ — Restricted cash equivalents 115,185 115,185 — — Investments in marketable securities 15,433 15,433 — — Advertising fund cash equivalents, restricted 140,115 140,115 — — Investments 125,840 — — 125,840
Summary of reconciliation of the carrying amount of the Company's investment in DPC Dash	The following table summarizes the reconciliation of the carrying amount of the Company’s investment in DPC Dash from the opening balance at January 3, 2021 to the closing balance at March 28, 2021. Fiscal Quarter Ended March 28, 2021 Carrying Amount Carrying Amount January 3, Unrealized March 28, 2021 Purchases Gain 2021 Investments $ 40,000 $ 40,000 $ 2,500 $ 82,500
Schedule of Estimated Fair Value	Management estimated the approximate fair values of the Company's 2015, 2017, 2018, 2019 and 2021 notes as follows: March 27, 2022 January 2, 2022 Principal Amount Fair Value Principal Amount Fair Value 2015 Ten-Year Notes $ 758,000 $ 764,064 $ 760,000 $ 777,480 2017 Ten-Year Notes 960,000 951,360 962,500 1,000,038 2018 7.5-Year Notes 411,188 411,599 412,250 420,907 2018 9.25-Year Notes 387,000 386,226 388,000 407,788 2019 Ten-Year Notes 661,500 635,702 663,188 693,031 2021 7.5-Year Notes 843,625 773,604 845,750 849,133 2021 Ten-Year Notes 992,500 912,108 995,000 1,017,885

Revenue Disclosures (Tables)

Revenue Disclosures (Tables)	3 Months Ended
	Mar. 27, 2022
Revenue from Contract with Customer [Abstract]
Schedule of Contract Liabilities Consist of Deferred Franchise Fees and Deferred Development Fees	Changes in deferred franchise fees and deferred development fees for the first quarter of 2022 and the first quarter of 2021 were as follows: Fiscal Quarter Ended March 27, March 28, 2022 2021 Deferred franchise fees and deferred development fees at beginning of period $ 29,694 $ 19,090 Revenue recognized during the period ( 1,420 ) ( 1,390 ) New deferrals due to cash received and other 1,159 803 Deferred franchise fees and deferred development fees at end of period $ 29,433 $ 18,503

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 27, 2022
Leases [Abstract]
Components Of Operating And Finance Lease Cost	The components of operating and finance lease cost for the first quarter of 2022 and the first quarter of 2021 were as follows: Fiscal Quarter Ended March 27, March 28, 2022 2021 Operating lease cost $ 10,275 $ 10,424 Finance lease cost: Amortization of right-of-use assets 1,208 919 Interest on lease liabilities 1,104 1,026 Total finance lease cost $ 2,312 $ 1,945
Schedule of Supplemental Balance Sheet Information Related To Finance Leases	Supplemental balance sheet information related to the Company’s finance leases as of March 27, 2022 and January 2, 2022 was as follows: March 27, January 2, 2022 2022 Land and buildings $ 87,019 $ 86,965 Accumulated depreciation and amortization ( 15,641 ) ( 14,423 ) Finance lease assets, net $ 71,378 $ 72,542 Current portion of long-term debt $ 4,132 $ 4,088 Long-term debt , less current portion 71,260 72,250 Total principal payable on finance leases $ 75,392 $ 76,338 As of March 27, 2022 and January 2, 2022, the weighted average remaining lease term and weighted average discount rate for the Company’s operating and finance leases were as follows: March 27, 2022 January 2, 2022 Operating Finance Operating Finance Leases Leases Leases Leases Weighted average remaining lease term 7 years 15 years 7 years 15 years Weighted average discount rate 3.5 % 5.8 % 3.5 % 5.8 %
Schedule Of Supplemental Cash Flow Information Related To Leases	Supplemental cash flow information related to leases for the first quarter of 2022 and the first quarter of 2021 were as follows: Fiscal Quarter Ended March 27, March 28, 2022 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 10,637 $ 10,187 Operating cash flows from finance leases 1,104 1,026 Financing cash flows from finance leases 986 704 Right-of-use assets obtained in exchange for lease obligations: Operating leases 7,758 4,672 Finance leases — 399
Schedule Of Maturities Of Operating And Finance Leases Liabilities	Maturities of lease liabilities as of March 27, 2022 were as follows: Operating Finance Leases Leases 2022 $ 35,957 $ 6,078 2023 40,220 7,542 2024 39,100 8,121 2025 33,501 7,942 2026 30,487 8,640 Thereafter 67,721 78,139 Total future minimum rental commitments 246,986 116,462 Less – amounts representing interest ( 27,233 ) ( 41,070 ) Total lease liabilities $ 219,753 $ 75,392

Financial Information by Operat

Financial Information by Operating Segment (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 27, 2022	Mar. 28, 2021
Segment Reporting Information [Line Items]
Revenues	$ 1,011,149	$ 983,698
Segment Income	190,977	208,368
Operating Segments [Member] | U.S. Stores [Member]
Segment Reporting Information [Line Items]
Revenues	332,769	348,590
Segment Income	97,292	107,436
Operating Segments [Member] | Supply Chain [Member]
Segment Reporting Information [Line Items]
Revenues	641,962	599,177
Segment Income	46,349	52,552
Operating Segments [Member] | International Franchise [Member]
Segment Reporting Information [Line Items]
Revenues	68,833	66,770
Segment Income	55,046	54,468
Intersegment Revenues [Member]
Segment Reporting Information [Line Items]
Revenues	(32,415)	(30,839)
Segment Reconciling [Member]
Segment Reporting Information [Line Items]
Segment Income	$ (7,710)	$ (6,088)

Reconciliation of Total Segment

Reconciliation of Total Segment Income to Consolidated Income Before Provision for Income Taxes (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 27, 2022	Mar. 28, 2021
Segment Reconciliation [Abstract]
Total Segment Income	$ 190,977	$ 208,368
Depreciation and amortization	(18,976)	(16,465)
Loss on sale/disposal of assets	(195)	(161)
Non-cash equity-based compensation expense	(7,265)	(5,204)
Income from operations	164,541	186,538
Other Income		2,500
Interest income	49	22
Interest expense	(46,872)	(39,422)
Income before provision for income taxes	$ 117,718	$ 149,638

Earnings Per Share - Summary of

Earnings Per Share - Summary of Computation of Basic and Diluted Earning per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 27, 2022	Mar. 28, 2021
Earnings Per Share [Abstract]
Net income available to common stockholders - basic and diluted	$ 90,964	$ 117,761
Basic weighted average number of shares	36,000,896	38,700,225
Earnings per share – basic	$ 2.53	$ 3.04
Diluted weighted average number of shares	36,435,038	39,208,383
Earnings Per Share - Diluted	$ 2.50	$ 3

Earnings Per Share - Schedule o

Earnings Per Share - Schedule of Denominators Used in Calculating Earning Per Common Share (Detail) - shares	3 Months Ended
	Mar. 27, 2022	Mar. 28, 2021
Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive Securities Excluded from Computation of Earnings Per Share	74,152	51,490
Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive Securities Excluded from Computation of Earnings Per Share	469	0
Restricted Performance Shares [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Securities excluded from computation of earnings per share, amount unvested	42,777	65,967

Stockholders' Deficit - Additio

Stockholders' Deficit - Additional Information (Detail) - $ / shares	Apr. 26, 2022	Mar. 27, 2022	Mar. 28, 2021
Dividends declared per share		$ 1.10	$ 0.94
Subsequent Event [Member]
Dividends declared per share	$ 1.10
Record date of dividend	Jun. 15, 2022
Dividend declared date	Apr. 26, 2022
Dividend payable date	Jun. 30, 2022

Stockholders' Deficit (Detail)

Stockholders' Deficit (Detail) - USD ($) $ in Thousands		3 Months Ended
		Mar. 27, 2022	Mar. 28, 2021
Stockholders' Deficit [Line Items]
Balance	[1]	$ (4,209,536)
Net income		90,964	$ 117,761
Balance		$ (4,198,642)
Common Stock [Member]
Stockholders' Deficit [Line Items]
Balance (in shares)		36,138,273	38,868,350
Balance		$ 361	$ 389
Issuance and cancellation of stock awards, net (in shares)		340	(2,755)
Tax payments for restricted stock upon vesting, (in shares)		(1,875)	(2,791)
Purchases of common stock, (in shares)		(100,810)	(65,870)
Purchases of common stock		$ (1)	$ (1)
Exercises of stock options, (in shares)		1,445	21,263
Balance (in shares)		36,037,373	38,818,197
Balance		$ 360	$ 388
Additional Paid-in Capital [Member]
Stockholders' Deficit [Line Items]
Balance		840	5,122
Tax payments for restricted stock upon vesting		(789)	(1,044)
Purchases of common stock		(4,037)	(6,363)
Exercises of stock options		266	3,693
Non-cash equity-based compensation expense		7,265	5,204
Balance		3,545	6,612
Retained Deficit [Member]
Stockholders' Deficit [Line Items]
Balance		(4,207,917)	(3,303,492)
Net income		90,964	117,761
Dividends declared on common stock and equivalents		(39,765)	(36,475)
Purchases of common stock		(43,623)	(18,636)
Balance		(4,200,341)	(3,240,842)
Accumulated Other Comprehensive Income (Loss) [Member]
Stockholders' Deficit [Line Items]
Balance		(2,820)	(2,424)
Currency translation adjustment		614	186
Balance		$ (2,206)	$ (2,238)
[1]	The condensed consolidated balance sheet at January 2, 2022 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements.

Stockholders' Deficit (Parenthe

Stockholders' Deficit (Parenthetical) (Detail) - $ / shares	3 Months Ended
	Mar. 27, 2022	Mar. 28, 2021
Dividends declared per share	$ 1.10	$ 0.94

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) $ in Millions	Mar. 27, 2022USD ($)
Dash Brands Ltd [Member]
Investments at carrying value	$ 125.8

Carrying Amounts and Fair Value

Carrying Amounts and Fair Values of Certain Assets (Detail) - USD ($) $ in Thousands	Mar. 27, 2022	Jan. 02, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents, carrying amount	$ 130,561	$ 87,384
Restricted cash equivalents, carrying amount	119,832	115,185
Investments in marketable securities, carrying amount	14,417	15,433
Advertising fund cash equivalents, restricted, carrying amount	139,780	140,115
Investments	125,840	125,840
Fair Value, Inputs, Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents, carrying amount	130,561	87,384
Restricted cash equivalents, carrying amount	119,832	115,185
Investments in marketable securities, carrying amount	14,417	15,433
Advertising fund cash equivalents, restricted, carrying amount	139,780	140,115
Fair Value, Inputs, Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments	$ 125,840	$ 125,840

Summary of reconciliation of th

Summary of reconciliation of the carrying amount of the Company's investment in DPC Dash - (Detail) - DPC Dash [Member] $ in Thousands	3 Months Ended
	Mar. 28, 2021USD ($)
Schedule of Equity Method Investments [Line Items]
Equity Securities without Readily Determinable Fair Value, Amount	$ 40,000
Additional Purchase of Equity Securities Without Readily Determinable Fair Value Amount	40,000
Equity Securities without Readily Determinable Fair Value, Upward Price Adjustment, Annual Amount	2,500
Equity Securities without Readily Determinable Fair Value, Amount	$ 82,500

Schedule of Estimated Fair Valu

Schedule of Estimated Fair Value (Detail) - USD ($) $ in Thousands	Mar. 27, 2022	Jan. 02, 2022
2015 Ten-Year Notes [Member]
Debt Instrument [Line Items]
Principal Amount	$ 758,000	$ 760,000
Fair Value	764,064	777,480
2017 Ten-Year Notes [Member]
Debt Instrument [Line Items]
Principal Amount	960,000	962,500
Fair Value	951,360	1,000,038
2018 7.5-Year Notes [Member]
Debt Instrument [Line Items]
Principal Amount	411,188	412,250
Fair Value	411,599	420,907
2018 9.25-Year Notes [Member]
Debt Instrument [Line Items]
Principal Amount	387,000	388,000
Fair Value	386,226	407,788
2019 Ten-Year Notes [Member]
Debt Instrument [Line Items]
Principal Amount	661,500	663,188
Fair Value	635,702	693,031
2021 7.5-Year Notes [Member]
Debt Instrument [Line Items]
Principal Amount	843,625	845,750
Fair Value	773,604	849,133
2021 Ten-Year Notes [Member]
Debt Instrument [Line Items]
Principal Amount	992,500	995,000
Fair Value	$ 912,108	$ 1,017,885

Revenue Disclosures - Additiona

Revenue Disclosures - Additional Information (Detail) - USD ($) $ in Thousands	Mar. 27, 2022	Jan. 02, 2022
Contract liability, Current	$ 5,400	$ 5,400
Contract liability, Noncurrent	24,000	24,300
Advertising fund assets restricted	175,488	180,904	[1]
U S Stores [Member] | Domestic Franchise [Member] | Cash, cash equivalents and investments [Member]
Advertising fund assets restricted	153,700	161,700
U S Stores [Member] | Domestic Franchise [Member] | Accounts receivable [Member]
Advertising fund assets restricted	15,400	14,500
U S Stores [Member] | Domestic Franchise [Member] | Prepaid expenses [Member]
Advertising fund assets restricted	6,400	4,700
U S Stores [Member] | U.S. Company-owned stores [Member]
Advertising fund assets restricted	$ 7,300	$ 7,200
[1]	The condensed consolidated balance sheet at January 2, 2022 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements.

Revenue Disclosures - Schedule

Revenue Disclosures - Schedule of Contract Liabilities Consist of Deferred Franchise Fees and Deferred Development Fees (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 27, 2022	Mar. 28, 2021
Revenue from Contract with Customer [Abstract]
Deferred franchise fees and deferred development fees at beginning of period	$ 29,694	$ 19,090
Revenue recognized during the period	(1,420)	(1,390)
New deferrals due to cash received and other	1,159	803
Deferred franchise fees and deferred development fees at end of period	$ 29,433	$ 18,503

Components of Operating and Fin

Components of Operating and Finance Lease Cost (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 27, 2022	Mar. 28, 2021
Operating lease cost	$ 10,275	$ 10,424
Finance lease cost:
Amortization of right-of-use assets	1,208	919
Interest on lease liabilities	1,104	1,026
Total finance lease cost	$ 2,312	$ 1,945

Supplemental balance sheet info

Supplemental balance sheet information related to the Company's leases (Detail) - USD ($) $ in Thousands	Mar. 27, 2022	Jan. 02, 2022
Land and buildings	$ 87,019	$ 86,965
Accumulated depreciation and amortization	(15,641)	(14,423)
Finance lease assets, net	71,378	72,542
Current portion of long-term debt	$ 4,132	$ 4,088
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Long-term Debt and Lease Obligation, Current	Long-term Debt and Lease Obligation, Current
Long-term debt, less current portion	$ 71,260	$ 72,250
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Long-term Debt and Lease Obligation	Long-term Debt and Lease Obligation
Total principal payable on finance leases	$ 75,392	$ 76,338
Finance Lease, Weighted Average Remaining Lease Term	15 years	15 years
Finance Lease, Weighted Average Discount Rate, Percent	5.80%	5.80%
Operating Lease, Weighted Average Remaining Lease Term	7 years	7 years
Operating Lease, Weighted Average Discount Rate, Percent	3.50%	3.50%

Supplemental Cash Flow Informat

Supplemental Cash Flow Information Related To Leases (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 27, 2022	Mar. 28, 2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 10,637	$ 10,187
Operating cash flows from finance leases	1,104	1,026
Financing cash flows from finance leases	986	704
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	7,758	4,672
Finance leases	$ 0	$ 399

Maturities of Lease Liabilities

Maturities of Lease Liabilities (Detail) - USD ($) $ in Thousands	Mar. 27, 2022	Jan. 02, 2022
Leases [Abstract]
2022	$ 35,957
2023	40,220
2024	39,100
2025	33,501
2026	30,487
Thereafter	67,721
Total future minimum rental commitments	246,986
Less – amounts representing interest	(27,233)
Total lease liabilities	219,753
2022	6,078
2023	7,542
2024	8,121
2025	7,942
2026	8,640
Thereafter	78,139
Total future minimum rental commitments	116,462
Less – amounts representing interest	(41,070)
Total principal payable on finance leases	$ 75,392	$ 76,338

Leases - Additional Information

Leases - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 27, 2022	Mar. 28, 2021	Jan. 02, 2022
Rent Expenses	$ 18.9	$ 18.2
Finance Lease	2.2	$ 1.8
Potential future payments	8.6		$ 9.1
Operating Lease [Member]
Lessee, operating lease, lease not yet commenced, future minimum rental commitments	$ 63
Lease Term	16 years

Supplemental Disclosures of C_2

Supplemental Disclosures of Cash Flow Information - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 27, 2022	Jan. 02, 2022
Schedule of Cash Flow, Supplemental [Line Items]
Capital expenditure accrual	$ 6.9	$ 5.4

Company-owned Store Transacti_2

Company-owned Store Transactions - Additional Information (Detail) $ in Thousands	3 Months Ended
	Mar. 27, 2022USD ($)Store	Mar. 28, 2021USD ($)
Business Acquisition [Line Items]
Payments for purchase of franchisees	$ 6,814	$ 0
US Franchisee [Member]
Business Acquisition [Line Items]
Number of stores purchased | Store	23
Payments for purchase of franchisees	$ 6,800
Value of intangibles purchased	4,000
Value of leasehold and other assets purchased	1,700
Value of goodwill purchased	$ 1,100