v3.26.1
Condensed Consolidated Statements of Changes in Shareholders’ Equity (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Adjusted For Rounding
Adjustment For Redeemable Noncontrolling Interest
Common Stock
Additional Paid-in Capital
Shareholder Note Receivable
Foreign Currency Translation Adjustment
Unrealized (Loss)/Income on Cash Flow Hedges
Unrealized Loss on Employee Benefit Plans
Retained (Deficit)/Earnings
Noncontrolling Interest
Beginning balance (in shares) at Dec. 29, 2024       170,060              
Beginning balance at Dec. 29, 2024 $ 1,137,135     $ 1,701 $ 1,466,508 $ (1,906) $ (32,065) $ 270 $ (333) $ (299,638) $ 2,598
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net (loss) income     $ (33,566)             (33,284) (282)
Other comprehensive income/(loss), before reclassifications 4,174           8,413 (4,280)     41
Reclassification from AOCI (287)             (287)      
Share-based compensation 2,603       2,603            
Accretion to redemption value of KK Canada         (4,290)            
Dividends declared on common stock and equivalents (5,969)                 (5,969)  
Distribution to noncontrolling interest (36)       (103)           (60)
Distribution to noncontrolling interest           127          
Issuance of common stock upon settlement of RSUs, net of shares withheld (in shares)       240              
Issuance of common stock upon settlement of RSUs, net of shares withheld (123)     $ 2 (125)            
Other (4)       0 (3)         (1)
Ending balance (in shares) at Mar. 30, 2025       170,300              
Ending balance at Mar. 30, 2025 $ 1,099,637     $ 1,703 1,464,593 (1,782) (23,652) (4,297) (333) (338,891) 2,296
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Dividends declared on common stock and equivalents (in dollars per share) $ 0.035                    
Beginning balance (in shares) at Dec. 29, 2024       170,060              
Beginning balance at Dec. 29, 2024 $ 1,137,135     $ 1,701 1,466,508 (1,906) (32,065) 270 (333) (299,638) 2,598
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net (loss) income (474,523)                    
Accretion to redemption value of KK Canada (4,290)                    
Ending balance (in shares) at Jun. 29, 2025       170,964              
Ending balance at Jun. 29, 2025 687,183     $ 1,710 1,468,555 (1,785) 1,477 (6,159) (333) (774,164) (2,118)
Beginning balance (in shares) at Mar. 30, 2025       170,300              
Beginning balance at Mar. 30, 2025 1,099,637     $ 1,703 1,464,593 (1,782) (23,652) (4,297) (333) (338,891) 2,296
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net (loss) income (441,118)   $ (441,021)             (435,260) (5,761)
Other comprehensive income/(loss), before reclassifications 24,948           25,129 (1,526)     1,345
Reclassification from AOCI (336)             (336)      
Share-based compensation 4,634       4,634            
Dividends declared on common stock and equivalents (13)                 (13)  
Issuance of common stock upon settlement of RSUs, net of shares withheld (in shares)       664              
Issuance of common stock upon settlement of RSUs, net of shares withheld (664)     $ 7 (671)            
Other (2)       (1) (3)       0 2
Ending balance (in shares) at Jun. 29, 2025       170,964              
Ending balance at Jun. 29, 2025 $ 687,183     $ 1,710 1,468,555 (1,785) 1,477 (6,159) (333) (774,164) (2,118)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Dividends declared on common stock and equivalents (in dollars per share) $ 0.035                    
Beginning balance (in shares) at Dec. 28, 2025 171,555     171,555              
Beginning balance at Dec. 28, 2025 $ 652,780 $ 652,779   $ 1,716 1,473,643 (1,791) 4,670 (6,290) (439) (821,387) 2,657
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net (loss) income (22,673)                 (22,784) 111
Other comprehensive income/(loss), before reclassifications 3,699           (371) 4,070      
Reclassification from AOCI, Current Period, before Tax, Attributable to Parent                     (213)
Reclassification from AOCI 2,328           2,831 (290)      
Capital contribution from shareholders, net of loans issued 488       0 488          
Share-based compensation 4,639       4,639            
Purchase of shares by noncontrolling interest (2,599)       (1,584)           (1,015)
Accretion to redemption value of KK Canada (5,404)       (5,404)            
Issuance of common stock upon settlement of RSUs, net of shares withheld (in shares)       725              
Issuance of common stock upon settlement of RSUs, net of shares withheld (308)     $ 7 (315)            
Other (in shares)       $ (2)              
Other 314       (382) (3)         (63)
Ending balance (in shares) at Mar. 29, 2026       172,280              
Ending balance at Mar. 29, 2026 $ 633,263     $ 1,721 1,471,361 (1,306) 7,130 (2,510) (439) (844,171) 1,477
Beginning balance (in shares) at Dec. 28, 2025 171,555     171,555              
Beginning balance at Dec. 28, 2025 $ 652,780 $ 652,779   $ 1,716 1,473,643 (1,791) 4,670 (6,290) (439) (821,387) 2,657
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net (loss) income (42,504)                    
Accretion to redemption value of KK Canada $ (5,404)                    
Ending balance (in shares) at Jun. 28, 2026 172,744     172,744              
Ending balance at Jun. 28, 2026 $ 619,779     $ 1,725 1,474,652 (1,139) 8,318 (580) (439) (864,482) 1,724
Beginning balance (in shares) at Mar. 29, 2026       172,280              
Beginning balance at Mar. 29, 2026 633,263     $ 1,721 1,471,361 (1,306) 7,130 (2,510) (439) (844,171) 1,477
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net (loss) income (19,831)                 (20,311) 480
Other comprehensive income/(loss), before reclassifications 3,462           1,188 2,283     (9)
Reclassification from AOCI (353)             (353)      
Capital contribution from shareholders, net of loans issued 167       0 167          
Share-based compensation 3,287       3,287            
Issuance of common stock upon settlement of RSUs, net of shares withheld (in shares)       464              
Issuance of common stock upon settlement of RSUs, net of shares withheld 4     $ 4              
Other $ (220)       4           (224)
Ending balance (in shares) at Jun. 28, 2026 172,744     172,744              
Ending balance at Jun. 28, 2026 $ 619,779     $ 1,725 $ 1,474,652 $ (1,139) $ 8,318 $ (580) $ (439) $ (864,482) $ 1,724