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Subsequent Events
6 Months Ended
Jun. 25, 2023
Subsequent Events  
Subsequent Events

13. Subsequent Events

On July 31, 2023, the Company declared a quarterly dividend of thirty-six cents ($0.36) per share on each outstanding share of Class A common stock and Class B common stock payable on September 15, 2023 to stockholders of record on September 1, 2023.

On July 31, 2023, the Board of Directors authorized a new stock repurchase program of up to $150 million of the Company’s Class A common stock to be purchased from time to time on the open market or in privately negotiated transactions. The timing and number of shares repurchased will be determined by management based on its evaluation of market conditions and other factors.