Revision of Previously Issued Financial Statements (Tables)

12 Months Ended

Dec. 30, 2023

Prior Period Adjustment [Abstract]

Schedule of Error Corrections and Prior Period Adjustments

The revisions to the accompanying audited consolidated balance sheet, consolidated statement of operations, consolidated statement of comprehensive (loss) income and consolidated statement of cash flows as of and for the fiscal year ended December 31, 2022 are presented below. There were no changes to the consolidated statement of changes in total deficit that have not otherwise been reflected in the consolidated balance sheet, consolidated statement of operations and consolidated statement of comprehensive (loss) income as detailed in the tables below.

	At December 31, 2022
	As Previously Reported			Adjustments			As Revised
CONSOLIDATED BALANCE SHEET
Deferred income taxes	$	23,119		$	1,965		$	25,084
Total Liabilities	$	1,712,245		$	1,965		$	1,714,210
Retained earnings	$	2,418,959		$	(1,965	)	$	2,416,994
Total Deficit	$	(683,815	)	$	(1,965	)	$	(685,780	)

	Fiscal Year Ended December 31, 2022
	As Previously Reported			Adjustments			As Revised
CONSOLIDATED STATEMENT OF OPERATIONS
Product sales and other, net	$	121,801		$	(1,021	)	$	120,780
Revenues, net	$	1,040,856		$	(1,021	)	$	1,039,835
Gross profit	$	622,400		$	(1,021	)	$	621,379
Operating loss	$	(282,950	)	$	(1,021	)	$	(283,971	)
Loss before income taxes	$	(365,782	)	$	(1,021	)	$	(366,803	)
Benefit from income taxes	$	(114,379	)	$	4,444		$	(109,935	)
Net loss	$	(251,403	)	$	(5,465	)	$	(256,868	)
Net loss per share
Basic	$	(3.58	)	$	(0.08	)	$	(3.65	)
Diluted	$	(3.58	)	$	(0.08	)	$	(3.65	)

	Fiscal Year Ended December 31, 2022
	As Previously Reported			Adjustments			As Revised
CONSOLIDATED STATEMENT OF COMPREHENSIVE (LOSS) INCOME
Net loss	$	(251,403	)	$	(5,465	)	$	(256,868	)
Comprehensive loss	$	(238,269	)	$	(5,465	)	$	(243,734	)

	Fiscal Year Ended December 31, 2022
	As Previously Reported			Adjustments			As Revised
CONSOLIDATED STATEMENT OF CASH FLOWS
Net loss	$	(251,403	)	$	(5,465	)	$	(256,868	)
Adjustments to reconcile net loss to cash provided by operating activities:
Deferred tax benefit	$	(150,994	)	$	5,165		$	(145,829	)
Changes in cash due to:
Prepaid expenses	$	9,599		$	(721	)	$	8,878
Accrued liabilities	$	19,904		$	1,021		$	20,925
Cash provided by operating activities	$	76,646		$	—		$	76,646

The revisions to the accompanying audited consolidated statement of operations, consolidated statement of comprehensive (loss) income and consolidated statement of cash flows for the fiscal year ended January 1, 2022 are presented below. There were no changes to the consolidated statement of changes in total deficit that have not otherwise been reflected in the consolidated statement of operations and consolidated statement of comprehensive (loss) income as detailed in the tables below.

	Fiscal Year Ended January 1, 2022
	As Previously Reported		Adjustments			As Revised
CONSOLIDATED STATEMENT OF OPERATIONS
Subscription revenues, net	$	1,063,039	$	(1,610	)	$	1,061,429
Product sales and other, net	$	149,424	$	312		$	149,736
Revenues, net	$	1,212,463	$	(1,298	)	$	1,211,165
Cost of subscription revenues	$	370,064	$	(1,610	)	$	368,454
Cost of revenues	$	486,108	$	(1,610	)	$	484,498
Gross profit	$	726,355	$	312		$	726,667
Operating income	$	196,284	$	312		$	196,596
Income before income taxes	$	76,665	$	312		$	76,977
Provision for income taxes	$	9,773	$	79		$	9,852
Net income	$	66,892	$	233		$	67,125
Earnings per share
Basic	$	0.96	$	0.00		$	0.96
Diluted	$	0.95	$	0.00		$	0.95

	Fiscal Year Ended January 1, 2022
	As Previously Reported		Adjustments		As Revised
CONSOLIDATED STATEMENT OF COMPREHENSIVE (LOSS) INCOME
Net income	$	66,892	$	233	$	67,125
Comprehensive income	$	73,437	$	233	$	73,670

	Fiscal Year Ended January 1, 2022
	As Previously Reported			Adjustments			As Revised
CONSOLIDATED STATEMENT OF CASH FLOWS
Net income	$	66,892		$	233		$	67,125
Changes in cash due to:
Accrued liabilities	$	1,272		$	(312	)	$	960
Income taxes	$	(7,014	)	$	79		$	(6,935	)
Cash provided by operating activities	$	157,281		$	—		$	157,281