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Stockholders' Deficit (Tables)
3 Months Ended
Mar. 23, 2025
Federal Home Loan Banks [Abstract]  
Changes in Stockholders' Deficit

The following table summarizes the changes in stockholders’ deficit for the first quarter of 2025.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

Other

 

 

 

Common Stock

 

 

Paid-in

 

 

Retained

 

 

Comprehensive

 

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Deficit

 

 

Loss

 

Balance at December 29, 2024

 

 

34,281,927

 

 

$

343

 

 

$

1,272

 

 

$

(3,956,474

)

 

$

(7,432

)

Net income

 

 

 

 

 

 

 

 

 

 

 

149,651

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

(59,800

)

 

 

 

Issuance and cancellation of stock awards, net

 

 

54,516

 

 

 

 

 

 

 

 

 

 

 

 

 

Tax payments for restricted stock upon vesting

 

 

(18,630

)

 

 

 

 

 

(8,158

)

 

 

 

 

 

 

Purchases of common stock

 

 

(115,280

)

 

 

(1

)

 

 

(10,132

)

 

 

(40,210

)

 

 

 

Exercise of stock options

 

 

28,280

 

 

 

 

 

 

7,529

 

 

 

 

 

 

 

Non-cash equity-based compensation expense

 

 

 

 

 

 

 

 

10,381

 

 

 

 

 

 

 

Currency translation adjustment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

343

 

Balance at March 23, 2025

 

 

34,230,813

 

 

$

342

 

 

$

892

 

 

$

(3,906,833

)

 

$

(7,089

)

 

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

)