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Stockholders' Deficit (Tables)
6 Months Ended
Jun. 19, 2022
Federal Home Loan Banks [Abstract]  
Changes in Stockholders' Deficit

The following table summarizes the changes in stockholders’ deficit for the second quarter of 2022.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

Other

 

 

 

Common Stock

 

 

Paid-in

 

 

Retained

 

 

Comprehensive

 

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Deficit

 

 

Loss

 

Balance at March 27, 2022

 

 

36,037,373

 

 

$

360

 

 

$

3,545

 

 

$

(4,200,341

)

 

$

(2,206

)

Net income

 

 

 

 

 

 

 

 

 

 

 

102,493

 

 

 

 

Dividends declared on common stock and equivalents
($
1.10 per share)

 

 

 

 

 

 

 

 

 

 

 

(39,603

)

 

 

 

Issuance and cancellation of stock awards, net

 

 

13,866

 

 

 

 

 

 

 

 

 

 

 

 

 

Tax payments for restricted stock upon vesting

 

 

(3,950

)

 

 

 

 

 

(1,606

)

 

 

 

 

 

 

Purchases of common stock

 

 

(148,248

)

 

 

(1

)

 

 

(7,083

)

 

 

(42,916

)

 

 

 

Exercise of stock options

 

 

605

 

 

 

 

 

 

260

 

 

 

 

 

 

 

Non-cash equity-based compensation expense

 

 

 

 

 

 

 

 

8,473

 

 

 

 

 

 

 

Currency translation adjustment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1,684

)

Balance at June 19, 2022

 

 

35,899,646

 

 

$

359

 

 

$

3,589

 

 

$

(4,180,367

)

 

$

(3,890

)

 

The following table summarizes the changes in stockholders’ deficit for the two fiscal quarters 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

 

 

 

 

 

 

 

 

 

 

 

193,457

 

 

 

 

Dividends declared on common stock and equivalents
($
2.20 per share)

 

 

 

 

 

 

 

 

 

 

 

(79,368

)

 

 

 

Issuance and cancellation of stock awards, net

 

 

14,206

 

 

 

 

 

 

 

 

 

 

 

 

 

Tax payments for restricted stock upon vesting

 

 

(5,825

)

 

 

 

 

 

(2,395

)

 

 

 

 

 

 

Purchases of common stock

 

 

(249,058

)

 

 

(2

)

 

 

(11,120

)

 

 

(86,539

)

 

 

 

Exercise of stock options

 

 

2,050

 

 

 

 

 

 

526

 

 

 

 

 

 

 

Non-cash equity-based compensation expense

 

 

 

 

 

 

 

 

15,738

 

 

 

 

 

 

 

Currency translation adjustment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1,070

)

Balance at June 19, 2022

 

 

35,899,646

 

 

$

359

 

 

$

3,589

 

 

$

(4,180,367

)

 

$

(3,890

)

The following table summarizes the changes in stockholders’ deficit for the second quarter of 2021.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

Other

 

 

 

Common Stock

 

 

Paid-in

 

 

Retained

 

 

Comprehensive

 

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Deficit

 

 

Loss

 

Balance at March 28, 2021

 

 

38,818,197

 

 

$

388

 

 

$

6,612

 

 

$

(3,240,842

)

 

$

(2,238

)

Net income

 

 

 

 

 

 

 

 

 

 

 

116,619

 

 

 

 

Dividends declared on common stock and equivalents
($
0.94 per share)

 

 

 

 

 

 

 

 

 

 

 

(34,680

)

 

 

 

Issuance and cancellation of stock awards, net

 

 

837

 

 

 

 

 

 

 

 

 

 

 

 

 

Tax payments for restricted stock upon vesting

 

 

(110

)

 

 

 

 

 

(43

)

 

 

 

 

 

 

Purchases of common stock

 

 

(2,012,596

)

 

 

(20

)

 

 

(12,181

)

 

 

(987,799

)

 

 

 

Exercise of stock options

 

 

47,243

 

 

 

1

 

 

 

5,331

 

 

 

 

 

 

 

Non-cash equity-based compensation expense

 

 

 

 

 

 

 

 

8,296

 

 

 

 

 

 

 

Other

 

 

 

 

 

 

 

 

(244

)

 

 

 

 

 

 

Currency translation adjustment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

230

 

Balance at June 20, 2021

 

 

36,853,571

 

 

$

369

 

 

$

7,771

 

 

$

(4,146,702

)

 

$

(2,008

)

 

The following table summarizes the changes in stockholders’ deficit for the two fiscal quarters 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

 

 

 

 

 

 

 

 

 

 

 

234,380

 

 

 

 

Dividends declared on common stock and equivalents
($
1.88 per share)

 

 

 

 

 

 

 

 

 

 

 

(71,155

)

 

 

 

Issuance and cancellation of stock awards, net

 

 

(1,918

)

 

 

 

 

 

 

 

 

 

 

 

 

Tax payments for restricted stock upon vesting

 

 

(2,901

)

 

 

 

 

 

(1,087

)

 

 

 

 

 

 

Purchases of common stock

 

 

(2,078,466

)

 

 

(21

)

 

 

(18,544

)

 

 

(1,006,435

)

 

 

 

Exercise of stock options

 

 

68,506

 

 

 

1

 

 

 

9,024

 

 

 

 

 

 

 

Non-cash equity-based compensation expense

 

 

 

 

 

 

 

 

13,500

 

 

 

 

 

 

 

Other

 

 

 

 

 

 

 

 

(244

)

 

 

 

 

 

 

Currency translation adjustment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

416

 

Balance at June 20, 2021

 

 

36,853,571

 

 

$

369

 

 

$

7,771

 

 

$

(4,146,702

)

 

$

(2,008

)