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Noncontrolling Interests
12 Months Ended
Dec. 31, 2023
Noncontrolling Interest [Abstract]  
Noncontrolling Interests
9. Noncontrolling Interests
As of December 31, 2023 and December 25, 2022 the Company had three joint venture arrangements comprising 98 restaurants. As further described in “Note 22. Divestitures,” the Company divested its 51 percent interest in one joint venture that owned 90 restaurants in the second quarter of 2022.
Net income attributable to these joint ventures for the years ended December 31, 2023, December 25, 2022 and December 26, 2021 was as follows (in thousands):
202320222021
Papa John’s International, Inc.$1,672 $3,136 $8,457 
Redeemable noncontrolling interests198 574 2,609 
Nonredeemable noncontrolling interests503 1,003 2,330 
Total net income$2,373 $4,713 $13,396 
The following summarizes changes in our redeemable noncontrolling interests in 2023 and 2022 (in thousands):
Balance at December 26, 2021$5,498 
Net income574 
Distributions(4,855)
Balance at December 25, 2022$1,217 
Net income198 
Distributions(564)
Balance at December 31, 2023$851