Equity Transactions

3 Months Ended

Mar. 30, 2024

Equity [Abstract]

Equity Transactions

Equity Transactions

Dividend

In January 2024, the Board of Directors approved the payment of a dividend on our common stock in the aggregate amount of $231.6 million, which was received by our direct parent Camelot Return Intermediate Holdings, LLC, (“Camelot Parent”), and further distributed to Camelot Return Parent, LLC (“Camelot Return Parent”), an indirect parent of the Company. Camelot Return Parent used the funds received to redeem all 1,950,000 preferred units of Camelot Return Parent held by CD&R Pisces Holdings, L.P.