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Stockholders' Deficit (Tables)
3 Months Ended
Mar. 24, 2024
Federal Home Loan Banks [Abstract]  
Changes in Stockholders' Deficit

The following table summarizes the changes in stockholders’ deficit for the first quarter of 2024.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

Other

 

 

 

Common Stock

 

 

Paid-in

 

 

Retained

 

 

Comprehensive

 

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Deficit

 

 

Loss

 

Balance at December 31, 2023

 

 

34,726,182

 

 

$

347

 

 

$

2,801

 

 

$

(4,069,648

)

 

$

(3,867

)

Net income

 

 

 

 

 

 

 

 

 

 

 

125,824

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

(52,954

)

 

 

 

Issuance and cancellation of stock awards, net

 

 

44,053

 

 

 

1

 

 

 

 

 

 

 

 

 

 

Tax payments for restricted stock upon vesting

 

 

(15,213

)

 

 

 

 

 

(6,700

)

 

 

 

 

 

 

Purchases of common stock

 

 

(56,372

)

 

 

(1

)

 

 

(17,021

)

 

 

(8,099

)

 

 

 

Exercise of stock options

 

 

103,107

 

 

 

1

 

 

 

10,773

 

 

 

 

 

 

 

Non-cash equity-based compensation expense

 

 

 

 

 

 

 

 

11,338

 

 

 

 

 

 

 

Currency translation adjustment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1,125

)

Balance at March 24, 2024

 

 

34,801,757

 

 

$

348

 

 

$

1,191

 

 

$

(4,004,877

)

 

$

(4,992

)

 

The following table summarizes the changes in stockholders’ deficit for the first quarter 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

 

 

 

 

 

 

 

 

 

 

 

104,770

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

(43,005

)

 

 

 

Issuance and cancellation of stock awards, net

 

 

14,495

 

 

 

 

 

 

 

 

 

 

 

 

 

Tax payments for restricted stock upon vesting

 

 

(5,073

)

 

 

 

 

 

(1,553

)

 

 

 

 

 

 

Purchases of common stock

 

 

(100,515

)

 

 

(1

)

 

 

(14,547

)

 

 

(15,802

)

 

 

 

Exercise of stock options

 

 

1,508

 

 

 

 

 

 

343

 

 

 

 

 

 

 

Non-cash equity-based compensation expense

 

 

 

 

 

 

 

 

7,538

 

 

 

 

 

 

 

Currency translation adjustment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(451

)

Balance at March 26, 2023

 

 

35,330,133

 

 

$

353

 

 

$

1,474

 

 

$

(4,148,455

)

 

$

(5,145

)