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Stockholders' Deficit (Tables)
6 Months Ended
Jun. 18, 2023
Federal Home Loan Banks [Abstract]  
Changes in Stockholders' Deficit

The following table summarizes the changes in stockholders’ deficit for the second quarter of 2023.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

Other

 

 

 

Common Stock

 

 

Paid-in

 

 

Retained

 

 

Comprehensive

 

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Deficit

 

 

Loss

 

Balance at March 26, 2023

 

 

35,330,133

 

 

$

353

 

 

$

1,474

 

 

$

(4,148,455

)

 

$

(5,145

)

Net income

 

 

 

 

 

 

 

 

 

 

 

109,380

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

(42,645

)

 

 

 

Issuance and cancellation of stock awards, net

 

 

14,078

 

 

 

 

 

 

 

 

 

 

 

 

 

Tax payments for restricted stock upon vesting

 

 

(4,596

)

 

 

 

 

 

(1,515

)

 

 

 

 

 

 

Purchases of common stock

 

 

(292,030

)

 

 

(2

)

 

 

(6,824

)

 

 

(84,800

)

 

 

 

Exercise of stock options

 

 

10,000

 

 

 

 

 

 

708

 

 

 

 

 

 

 

Non-cash equity-based compensation expense

 

 

 

 

 

 

 

 

9,527

 

 

 

 

 

 

 

Currency translation adjustment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1,378

 

Balance at June 18, 2023

 

 

35,057,585

 

 

$

351

 

 

$

3,370

 

 

$

(4,166,520

)

 

$

(3,767

)

 

The following table summarizes the changes in stockholders’ deficit for the two fiscal quarters of 2023.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

Other

 

 

 

Common Stock

 

 

Paid-in

 

 

Retained

 

 

Comprehensive

 

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Deficit

 

 

Loss

 

Balance at January 1, 2023

 

 

35,419,718

 

 

$

354

 

 

$

9,693

 

 

$

(4,194,418

)

 

$

(4,694

)

Net income

 

 

 

 

 

 

 

 

 

 

 

214,150

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

(85,650

)

 

 

 

Issuance and cancellation of stock awards, net

 

 

28,573

 

 

 

 

 

 

 

 

 

 

 

 

 

Tax payments for restricted stock upon vesting

 

 

(9,669

)

 

 

 

 

 

(3,068

)

 

 

 

 

 

 

Purchases of common stock

 

 

(392,545

)

 

 

(3

)

 

 

(21,371

)

 

 

(100,602

)

 

 

 

Exercise of stock options

 

 

11,508

 

 

 

 

 

 

1,051

 

 

 

 

 

 

 

Non-cash equity-based compensation expense

 

 

 

 

 

 

 

 

17,065

 

 

 

 

 

 

 

Currency translation adjustment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

927

 

Balance at June 18, 2023

 

 

35,057,585

 

 

$

351

 

 

$

3,370

 

 

$

(4,166,520

)

 

$

(3,767

)

 

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

)