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Condensed Consolidated Statements of Comprehensive Income/(Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 29, 2024
Oct. 01, 2023
Sep. 29, 2024
Oct. 01, 2023
Statement of Comprehensive Income [Abstract]        
Net income/(loss) $ 37,572 $ (40,258) $ 25,978 $ (38,530)
Other comprehensive income/(loss), net of income taxes:        
Foreign currency translation adjustment 13,118 (12,834) (895) 7,552
Unrealized loss on cash flow hedges, net of income taxes (1) [1] (9,574) (2,615) (15,762) (5,110)
Total other comprehensive income/(loss) 3,544 (15,449) (16,657) 2,442
Comprehensive income/(loss) 41,116 (55,707) 9,321 (36,088)
Net (loss)/income attributable to noncontrolling interest (1,991) 199 440 2,005
Foreign currency translation adjustment attributable to noncontrolling interest 226 (148) (135) 807
Total comprehensive (loss)/income attributable to noncontrolling interest (1,765) 51 305 2,812
Comprehensive income/(loss) attributable to Krispy Kreme, Inc. $ 42,881 $ (55,758) $ 9,016 $ (38,900)
[1] Net of income tax benefit of $3.2 million and $5.3 million for the quarter and three quarters ended September 29, 2024, respectively, and $0.9 million and $1.7 million for the quarter and three quarters ended October 1, 2023, respectively.