XML 19 R9.htm IDEA: XBRL DOCUMENT v3.22.1
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

)