Stockholders' Deficit

6 Months Ended

Jun. 15, 2025

Federal Home Loan Banks [Abstract]

Stockholders' Deficit

4. Stockholders’ Deficit

The following tables summarize the changes in stockholders’ deficit for the second quarter and two fiscal quarters of 2025.

													Accumulated
							Additional						Other
	Common Stock						Paid-in			Retained			Comprehensive
	Shares			Amount			Capital			Deficit			Loss
Balance at March 23, 2025		34,230,813		$	342		$	892		$	(3,906,833	)	$	(7,089	)
Net income		—			—			—			131,091			—
Dividends declared on common stock and equivalents ($1.74 per share)		—			—			—			(59,457	)		—
Issuance and cancellation of stock awards, net		3,654			—			—			—			—
Tax payments for restricted stock upon vesting		(673	)		—			(314	)		—			—
Purchases of common stock		(315,696	)		(3	)		(15,500	)		(135,983	)		—
Exercise of stock options		19,124			—			4,790			—			—
Non-cash equity-based compensation expense		—			—			10,975			—			—
Currency translation adjustment		—			—			—			—			2,462
Balance at June 15, 2025		33,937,222		$	339		$	843		$	(3,971,182	)	$	(4,627	)

													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		—			—			—			280,742			—
Dividends declared on common stock and equivalents ($3.48 per share)		—			—			—			(119,257	)		—
Issuance and cancellation of stock awards, net		58,170			—			—			—			—
Tax payments for restricted stock upon vesting		(19,303	)		—			(8,472	)		—			—
Purchases of common stock		(430,976	)		(4	)		(25,632	)		(176,193	)		—
Exercise of stock options		47,404			—			12,319			—			—
Non-cash equity-based compensation expense		—			—			21,356			—			—
Currency translation adjustment		—			—			—			—			2,805
Balance at June 15, 2025		33,937,222		$	339		$	843		$	(3,971,182	)	$	(4,627	)

Subsequent to the end of the second quarter of 2025, on July 15, 2025, the Company’s Board of Directors declared a $1.74 per share quarterly dividend on its outstanding common stock for shareholders of record as of September 15, 2025 to be paid on September 30, 2025.

The following tables summarize the changes in stockholders’ deficit for the second quarter and two fiscal quarters 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	)

													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	)