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Condensed Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Total Stockholders’ Equity
Common Stock
Additional Paid-in Capital
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Noncontrolling Interests in Subsidiaries
Common stock, outstanding, beginning balance (in shares) at Dec. 29, 2019     168,121,000          
Stockholders' equity, beginning of period at Dec. 29, 2019 $ 21,499 $ 10,163 $ 168 $ 2,661,819 $ (192,633) $ (9,512) $ (2,449,679) $ 11,336
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) (2,138) (1,431)         (1,431) (707)
Other comprehensive income (loss) 723 723       723    
Issuance of restricted stock to employees, net of cancellations (in shares)     2,452,000          
Issuance of restricted stock to employees, net of cancellations 3 3 $ 3          
Stock-based compensation expense 6,885 6,885   6,885        
Purchases of treasury stock (in shares)     (818,000)          
Purchases of treasury stock (6,911) (6,911) $ (1)   (6,910)      
Common stock, outstanding, ending balance (in shares) at Mar. 29, 2020     169,755,000          
Stockholders' equity, end of period at Mar. 29, 2020 20,061 9,432 $ 170 2,668,704 (199,543) (8,789) (2,451,110) 10,629
Common stock, outstanding, beginning balance (in shares) at Dec. 29, 2019     168,121,000          
Stockholders' equity, beginning of period at Dec. 29, 2019 21,499 10,163 $ 168 2,661,819 (192,633) (9,512) (2,449,679) 11,336
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Other comprehensive income (loss) (853)              
Common stock, outstanding, ending balance (in shares) at Jun. 28, 2020     170,059,000          
Stockholders' equity, end of period at Jun. 28, 2020 41,305 31,656 $ 170 2,674,379 (200,796) (10,365) (2,431,732) 9,649
Common stock, outstanding, beginning balance (in shares) at Mar. 29, 2020     169,755,000          
Stockholders' equity, beginning of period at Mar. 29, 2020 20,061 9,432 $ 170 2,668,704 (199,543) (8,789) (2,451,110) 10,629
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 18,398 19,378         19,378 (980)
Other comprehensive income (loss) (1,576) (1,576)       (1,576)    
Issuance of restricted stock to employees, net of cancellations (in shares)     533,000          
Stock-based compensation expense 5,675 5,675   5,675        
Purchases of treasury stock (in shares)     (229,000)          
Purchases of treasury stock (1,253) (1,253)     (1,253)      
Common stock, outstanding, ending balance (in shares) at Jun. 28, 2020     170,059,000          
Stockholders' equity, end of period at Jun. 28, 2020 $ 41,305 31,656 $ 170 2,674,379 (200,796) (10,365) (2,431,732) 9,649
Common stock, outstanding, beginning balance (in shares) at Jan. 03, 2021 170,428,000   170,428,000          
Stockholders' equity, beginning of period at Jan. 03, 2021 $ 406,486 404,167 $ 170 2,685,920 (205,476) 8,799 (2,085,246) 2,319
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) (49,498) (48,385)         (48,385) (1,113)
Other comprehensive income (loss) 98 98       98    
Issuance of restricted stock to employees, net of cancellations (in shares)     1,908,000          
Issuance of restricted stock to employees, net of cancellations 2 2 $ 2          
Stock-based compensation expense [1] 5,437 5,437   5,437        
Bond/debentures conversion (in shares)     4,000          
Bond/debentures conversion 155 155   155        
Purchases of treasury stock (in shares)     (76,000)          
Purchases of treasury stock (2,120) (2,120)     (2,120)      
Other adjustments 303 303   (89)     392  
Common stock, outstanding, ending balance (in shares) at Apr. 04, 2021     172,264,000          
Stockholders' equity, end of period at Apr. 04, 2021 $ 360,863 359,657 $ 172 2,691,423 (207,596) 8,897 (2,133,239) 1,206
Common stock, outstanding, beginning balance (in shares) at Jan. 03, 2021 170,428,000   170,428,000          
Stockholders' equity, beginning of period at Jan. 03, 2021 $ 406,486 404,167 $ 170 2,685,920 (205,476) 8,799 (2,085,246) 2,319
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Other comprehensive income (loss) $ 590              
Common stock, outstanding, ending balance (in shares) at Jul. 04, 2021 172,842,000   172,842,000          
Stockholders' equity, end of period at Jul. 04, 2021 $ 444,013 443,245 $ 172 2,703,647 (211,931) 9,389 (2,058,032) 768
Common stock, outstanding, beginning balance (in shares) at Apr. 04, 2021     172,264,000          
Stockholders' equity, beginning of period at Apr. 04, 2021 360,863 359,657 $ 172 2,691,423 (207,596) 8,897 (2,133,239) 1,206
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 74,769 75,207         75,207 (438)
Other comprehensive income (loss) 492 492       492    
Issuance of restricted stock to employees, net of cancellations (in shares)     664,000          
Issuance of common stock to executive (in shares) [2]     101,000          
Issuance of common stock to executive [2] 2,999 2,999   2,999        
Stock-based compensation expense [1] 9,225 9,225   9,225        
Purchases of treasury stock (in shares)     (187,000)          
Purchases of treasury stock (4,310) (4,310)     (4,310)      
Other adjustments $ (25) (25)     (25)      
Common stock, outstanding, ending balance (in shares) at Jul. 04, 2021 172,842,000   172,842,000          
Stockholders' equity, end of period at Jul. 04, 2021 $ 444,013 $ 443,245 $ 172 $ 2,703,647 $ (211,931) $ 9,389 $ (2,058,032) $ 768
[1] Stock-based compensation expense includes a recharge to Maxeon Solar of $0.8 million and $0.4 million for the three and six months ended July 4, 2021, respectively, under the collaboration agreement (see Note 11. Related-Party Transactions).
[2] Refer to Note 11. Related-Party Transactions for details.