Equity Equity

12 Months Ended

Dec. 27, 2024

Equity [Abstract]

Stockholders' Equity Note Disclosure

16. Equity

The Company has 500,000,000 of common stock authorized with a par value of $0.01, and 19,696,335 shares issued and outstanding as of December 27, 2024 (Successor) and December 29, 2023 (Successor).

The Company is authorized to issue 25,000 shares of Ordinary A with €1.00 par value, subject to approval by the Board of Directors. As of December 27, 2024 (Successor) and December 29, 2023 (Successor), no preferred shares had been issued.

Share Repurchases

The Company also repurchases shares from certain employees in order to satisfy employee tax withholding requirements in connection with the vesting of restricted shares. In addition, the Company repurchases shares to settle certain option exercises. The Company spent zero to acquire shares in connection with equity-based awards in all periods.