v3.26.1
Stockholders' Deficit
6 Months Ended
Jun. 28, 2026
Equity [Abstract]  
Stockholders' Deficit Stockholders' Deficit
Stock Repurchase Program
During the six months ended June 28, 2026, the Company repurchased 901,436 shares of common stock at a cost of $29.3 million.
On May 14, 2026, the Company's Board of Directors authorized a share repurchase program of up to $100 million (the "2026 Repurchase Program") in addition to the Corporation's existing share repurchase program, approved in February 2022 (together with the 2026 Repurchase Program, the "Repurchase Programs"). Cumulatively under the Repurchase Programs, the Company repurchased 5,119,471 shares at a cost of $206.2 million. As of June 28, 2026, a remaining amount of $143.8 million in the value of shares may be repurchased under the Repurchase Programs.
Dividends
Dividends declared and paid per share for the three and six months ended June 28, 2026 and June 29, 2025 were as follows:
Three Months EndedSix Months Ended
June 28, 2026June 29, 2025June 28, 2026June 29, 2025
Dividends declared per common share$0.19 $0.51 $0.38 $1.02 
Dividends paid per common share$0.19 $0.51 $0.38 $1.02 
During the six months ended June 28, 2026 and June 29, 2025, the Company paid dividends of $4.9 million and $15.8 million, respectively.