v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ (DEFICIT) EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Class B Common Stock
Common Stock
Common Stock
Common Stock
Class B Common Stock
Additional Paid-in Capital
Retained Deficit (Earnings)
Retained Deficit (Earnings)
Common Stock
Retained Deficit (Earnings)
Class B Common Stock
Accumulated Other Comprehensive (Loss) Income
Treasury Stock - Common Stock
Common Stock
Treasury Stock - Common Stock
Class B Common Stock
Beginning balance at Dec. 31, 2024 $ 1,417,611     $ 108,327 $ 16,328 $ 23,764 $ 1,395,183     $ 1,885 $ (127,467) $ (409)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 290,998           290,998          
Other comprehensive income (loss), net of tax (46)                 (46)    
Dividends declared   $ (38,565) $ (5,024)         $ (38,565) $ (5,024)      
Share repurchases (34,755)                   (34,755)  
Ending balance at Jun. 27, 2025 1,630,219     108,327 16,328 23,764 1,642,592     1,839 (162,222) (409)
Beginning balance at Mar. 28, 2025 1,499,414     108,327 16,328 23,764 1,477,000     1,871 (127,467) (409)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 187,387           187,387          
Other comprehensive income (loss), net of tax (32)                 (32)    
Dividends declared   (19,283) (2,512)         (19,283) (2,512)      
Share repurchases (34,755)                   (34,755)  
Ending balance at Jun. 27, 2025 1,630,219     108,327 16,328 23,764 1,642,592     1,839 (162,222) (409)
Beginning balance at Dec. 31, 2025 (739,723)     56,517 10,047 23,764 (824,046)     (6,005) 0 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 270,377           270,377          
Other comprehensive income (loss), net of tax 2,498                 2,498    
Dividends declared   (28,258) (5,024)         (28,258) (5,024)      
Ending balance at Jul. 03, 2026 (500,130)     56,517 10,047 23,764 (586,951)     (3,507) 0 0
Beginning balance at Apr. 03, 2026 (643,470)     56,517 10,047 23,764 (729,131)     (4,667) 0 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 158,821           158,821          
Other comprehensive income (loss), net of tax 1,160                 1,160    
Dividends declared   $ (14,129) $ (2,512)         $ (14,129) $ (2,512)      
Ending balance at Jul. 03, 2026 $ (500,130)     $ 56,517 $ 10,047 $ 23,764 $ (586,951)     $ (3,507) $ 0 $ 0