v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN TOTAL EQUITY (DEFICIT) - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Treasury Stock
Accumulated Other Comprehensive (Loss) Income
Retained Earnings(Accumulated Deficit)
Beginning balance at Dec. 28, 2024 $ (1,114,372)   $ (3,024,710) $ (25,832) $ 1,936,170
Beginning balance (in shares) at Dec. 28, 2024   130,048      
Beginning balance (in shares) at Dec. 28, 2024     49,997    
Comprehensive income (loss) 1,128,809     10,706 1,118,103
Issuance of treasury stock under stock plans (139)   $ 24,546   (24,685)
Issuance of treasury stock under stock plans (in shares)     (539)    
Compensation expense on share-based awards 4,032       4,032
Cancellation of Predecessor equity (18,330)   $ 3,000,164 15,126 (3,033,620)
Cancellation of Predecessor equity (in shares)   (130,048) (49,458)    
Issuance of Successor equity 378,533 $ 378,533      
Issuance of Successor equity (in shares)   9,987      
Ending balance at Jun. 24, 2025 378,533 $ 378,533      
Ending balance (in shares) at Jun. 24, 2025   9,987      
Beginning balance at Mar. 29, 2025 (1,182,923)   $ (3,015,138) (22,570) 1,854,785
Beginning balance (in shares) at Mar. 29, 2025   130,048      
Beginning balance (in shares) at Mar. 29, 2025     49,788    
Comprehensive income (loss) 1,198,132     7,444 1,190,688
Issuance of treasury stock under stock plans (52)   $ 14,974   (15,026)
Issuance of treasury stock under stock plans (in shares)     (330)    
Compensation expense on share-based awards 3,173       3,173
Cancellation of Predecessor equity (18,330)   $ 3,000,164 15,126 (3,033,620)
Cancellation of Predecessor equity (in shares)   (130,048) (49,458)    
Issuance of Successor equity 378,533 $ 378,533      
Issuance of Successor equity (in shares)   9,987      
Ending balance at Jun. 24, 2025 378,533 $ 378,533      
Ending balance (in shares) at Jun. 24, 2025   9,987      
Comprehensive income (loss) 2,436     1,182 1,254
Ending balance at Jun. 30, 2025 380,969 $ 378,533   1,182 1,254
Ending balance (in shares) at Jun. 30, 2025   9,987      
Beginning balance at Dec. 31, 2025 318,071 $ 378,777   1,389 (62,095)
Beginning balance (in shares) at Dec. 31, 2025   9,992      
Comprehensive income (loss) (40,334)     (2,408) (37,926)
Compensation expense on share-based awards 913 $ 913      
Compensation expense on share-based awards (in shares)   7      
Ending balance at Jun. 30, 2026 278,650 $ 379,690   (1,019) (100,021)
Ending balance (in shares) at Jun. 30, 2026   9,999      
Beginning balance at Mar. 31, 2026 265,571 $ 379,306   360 (114,095)
Beginning balance (in shares) at Mar. 31, 2026   9,996      
Comprehensive income (loss) 12,695     (1,379) 14,074
Compensation expense on share-based awards 384 $ 384      
Compensation expense on share-based awards (in shares)   3      
Ending balance at Jun. 30, 2026 $ 278,650 $ 379,690   $ (1,019) $ (100,021)
Ending balance (in shares) at Jun. 30, 2026   9,999