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Stockholders' Deficit (Tables)
6 Months Ended
Jun. 16, 2024
Federal Home Loan Banks [Abstract]  
Changes in Stockholders' Deficit

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

Other

 

 

 

Common Stock

 

 

Paid-in

 

 

Retained

 

 

Comprehensive

 

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Deficit

 

 

Loss

 

Balance at March 24, 2024

 

 

34,801,757

 

 

$

348

 

 

$

1,191

 

 

$

(4,004,877

)

 

$

(4,992

)

Net income

 

 

 

 

 

 

 

 

 

 

 

141,978

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

(53,109

)

 

 

 

Issuance and cancellation of stock awards, net

 

 

17,616

 

 

 

 

 

 

 

 

 

 

 

 

 

Tax payments for restricted stock upon vesting

 

 

(5,175

)

 

 

 

 

 

(2,560

)

 

 

 

 

 

 

Exercise of stock options

 

 

142,425

 

 

 

2

 

 

 

20,691

 

 

 

 

 

 

 

Non-cash equity-based compensation expense

 

 

 

 

 

 

 

 

10,686

 

 

 

 

 

 

 

Currency translation adjustment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(483

)

Balance at June 16, 2024

 

 

34,956,623

 

 

$

350

 

 

$

30,008

 

 

$

(3,916,008

)

 

$

(5,475

)

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

 

 

 

 

 

 

 

 

 

 

 

267,802

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

(106,063

)

 

 

 

Issuance and cancellation of stock awards, net

 

 

61,669

 

 

 

1

 

 

 

 

 

 

 

 

 

 

Tax payments for restricted stock upon vesting

 

 

(20,388

)

 

 

 

 

 

(9,260

)

 

 

 

 

 

 

Purchases of common stock

 

 

(56,372

)

 

 

(1

)

 

 

(17,021

)

 

 

(8,099

)

 

 

 

Exercise of stock options

 

 

245,532

 

 

 

3

 

 

 

31,464

 

 

 

 

 

 

 

Non-cash equity-based compensation expense

 

 

 

 

 

 

 

 

22,024

 

 

 

 

 

 

 

Currency translation adjustment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1,608

)

Balance at June 16, 2024

 

 

34,956,623

 

 

$

350

 

 

$

30,008

 

 

$

(3,916,008

)

 

$

(5,475

)

 

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

)