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Stockholders' Deficit
 3 Months Ended
Mar. 22, 2020
Federal Home Loan Banks [Abstract]  
Stockholders' Deficit
4. Stockholders’ Deficit
The following table summarizes changes in stockholders’ deficit for the first quarter of 2020.
 
 
  
 
  
 
  
 
  
Accumulated
 
  
 
  
 
  
Additional
 
  
 
  
Other
 
  
Common Stock
   
Paid-in
 
  
Retained
 
  
Comprehensive
 
  
Shares
 
  
Amount
 
  
Capital
 
  
Deficit
 
  
Loss
 
Balance at December 29, 2019
   
38,934,009
     $
389
     $
243
     $
(3,412,649
 )   $
(3,742
 )
Net income
   
—  
      
—
      
—  
      
121,602
      
—  
  
Dividends declared on common stock and equivalents ($0.78 per share)
    
—  
      
—  
      
—  
      
(30,442
 )    
—  
  
Issuance and cancellation of stock awards, net
   
1,645
      
—
      
—  
      
—  
      
—  
  
Tax payments for restricted stock upon vesting
   
(5,929
 )    
—
      
(1,796
 )    
—  
      
—  
  
Purchases of common stock
   
(271,064
 )    
(3
 )    
(988
 )    
(78,599
 )    
—  
  
Exercise of stock options
   
380,938
      
4
      
10,101
      
—  
      
—  
  
Non-cash
compensation expense
    
—  
      
—  
      
4,914
      
—  
      
—  
  
Adoption of ASC 326 (Note
9
)
   
—  
      
—  
      
—  
      
1,102
      
—  
  
Currency translation adjustment
   
—  
      
—  
      
—  
      
—  
      
(2,326
 )
                                         
Balance at March 22, 2020
   
39,039,599
     $
390
     $
12,474
     $
(3,398,986
 )   $
(6,068
 )
                                         
Subsequent to the first quarter, on April 21, 2020, the Company’s Board of Directors declared a $0.78 per share quarterly dividend on its outstanding common stock for shareholders of record as of June 15, 2020 to be paid on June 30, 2020.
The following table summarizes changes in stockholders’ deficit for the first quarter of 2019.
 
 
  
 
  
 
  
 
  
Accumulated
 
  
 
  
 
  
Additional
 
  
 
  
Other
 
  
Common Stock
   
Paid-in
 
  
Retained
 
  
Comprehensive
 
  
Shares
 
  
Amount
 
  
Capital
 
  
Deficit
 
  
Loss
 
Balance at December 30, 2018
   
40,977,561
     $
410
     $
569
     $
(3,036,471
 )   $
(4,429
 )
Net income
   
—  
      
—  
      
—  
      
92,650
      
—  
  
Dividends declared on common stock and equivalents ($0.65 per share)
   
—  
      
—  
      
—  
      
(26,665
 )    
—  
  
Issuance and cancellation of stock awards, net
   
8,240
      
—  
      
—  
      
—  
      
—  
  
Tax payments for restricted stock upon vesting
   
(9,064
 )    
—  
      
(2,467
 )    
—  
      
—  
  
Purchases of common stock
   
(33,549
 )    
—  
      
(1,782
 )    
(6,362
 )    
—  
  
Exercise of stock options
   
140,702
      
1
      
4,536
      
—  
      
—  
  
Non-cash
compensation expense
    
—  
      
—  
      
4,608
      
—  
      
—  
  
Currency translation adjustment
   
—  
      
—  
      
—  
      
—  
      
237
  
                                         
Balance at March 24, 2019
   
41,083,890
     $
411
     $
5,464
     $
(2,976,848
 )   $
(4,192
 )