Stockholders' Deficit (Tables)

8 Months Ended

Sep. 08, 2024

Federal Home Loan Banks [Abstract]

Changes in Stockholders' Deficit

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

													Accumulated
							Additional						Other
	Common Stock						Paid-in			Retained			Comprehensive
	Shares			Amount			Capital			Deficit			Loss
Balance at June 16, 2024		34,956,623		$	350		$	30,008		$	(3,916,008	)	$	(5,475	)
Net income		—			—			—			146,924			—
Dividends declared on common stock and equivalents ($1.51 per share)		—			—			—			(52,502	)		—
Issuance and cancellation of stock awards, net		3,466			—			—			—			—
Tax payments for restricted stock upon vesting		(3,029	)		(1	)		(1,445	)		—			—
Purchases of common stock		(443,302	)		(4	)		(39,572	)		(152,230	)		—
Exercise of stock options		16,612			—			3,202			—			—
Non-cash equity-based compensation expense		—			—			9,517			—			—
Currency translation adjustment		—			—			—			—			598
Balance at September 8, 2024		34,530,370		$	345		$	1,710		$	(3,973,816	)	$	(4,877	)

The following table summarizes the changes in stockholders’ deficit for the three 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		—			—			—			414,726			—
Dividends declared on common stock and equivalents ($4.53 per share)		—			—			—			(158,565	)		—
Issuance and cancellation of stock awards, net		65,135			1			—			—			—
Tax payments for restricted stock upon vesting		(23,417	)		(1	)		(10,705	)		—			—
Purchases of common stock		(499,674	)		(5	)		(56,593	)		(160,329	)		—
Exercise of stock options		262,144			3			34,666			—			—
Non-cash equity-based compensation expense		—			—			31,541			—			—
Currency translation adjustment		—			—			—			—			(1,010	)
Balance at September 8, 2024		34,530,370		$	345		$	1,710		$	(3,973,816	)	$	(4,877	)

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

													Accumulated
							Additional						Other
	Common Stock						Paid-in			Retained			Comprehensive
	Shares			Amount			Capital			Deficit			Loss
Balance at June 18, 2023		35,057,585		$	351		$	3,370		$	(4,166,520	)	$	(3,767	)
Net income		—			—			—			147,676			—
Dividends declared on common stock and equivalents ($1.21 per share)		—			—			—			(42,493	)		—
Issuance and cancellation of stock awards, net		4,142			—			—			—			—
Tax payments for restricted stock upon vesting		(5,932	)		—			(2,172	)		—			—
Purchases of common stock		(229,860	)		(3	)		(14,435	)		(76,416	)		—
Exercise of stock options		53,188			1			4,754			—			—
Non-cash equity-based compensation expense		—			—			9,442			—			—
Currency translation adjustment		—			—			—			—			(1,330	)
Balance at September 10, 2023		34,879,123		$	349		$	959		$	(4,137,753	)	$	(5,097	)

The following table summarizes the changes in stockholders’ deficit for the three 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		—			—			—			361,826			—
Dividends declared on common stock and equivalents ($3.63 per share)		—			—			—			(128,143	)		—
Issuance and cancellation of stock awards, net		32,715			—			—			—			—
Tax payments for restricted stock upon vesting		(15,601	)		—			(5,240	)		—			—
Purchases of common stock		(622,405	)		(6	)		(35,806	)		(177,018	)		—
Exercise of stock options		64,696			1			5,805			—			—
Non-cash equity-based compensation expense		—			—			26,507			—			—
Currency translation adjustment		—			—			—			—			(403	)
Balance at September 10, 2023		34,879,123		$	349		$	959		$	(4,137,753	)	$	(5,097	)