Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Changes in Stockholders’ Equity

v3.26.3
Condensed Consolidated Statements of Changes in Stockholders’ Equity - USD ($)
$ in Millions
Total
Preferred Stock
Class A Preferred
Common Stock
Treasury Stock
Additional paid-in capital
Accumulated Other Comprehensive Loss
Retained Earnings
Beginning balance (in shares) at Dec. 28, 2024   0          
Beginning balance at Dec. 28, 2024 $ 518.8 $ 0.0 $ 0.0 $ (81.4) $ 299.7 $ (3.8) $ 304.3
Common stock, beginning balance (in shares) at Dec. 28, 2024     140,003,975        
Treasury stock (in shares) at Dec. 28, 2024       7,276,549      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Repurchase of common stock (in shares)     (621,643) (621,643)      
Repurchase of common stock (5.1)     $ (5.1)      
Issuance of restricted units (in shares)     884,054        
Shares withheld for taxes upon vesting of restricted units (in shares)     (331,819) (331,819)      
Shares withheld for taxes upon vesting of restricted units (2.6)     $ (2.6)      
Share-based compensation 4.0       4.0    
Foreign currency translation adjustment 0.9         0.9  
Net (loss) income 10.8           10.8
Ending balance (in shares) at Mar. 29, 2025   0          
Ending balance at Mar. 29, 2025 526.8 $ 0.0 $ 0.0 $ (89.1) 303.7 (2.9) 315.1
Common stock, ending balance (in shares) at Mar. 29, 2025     139,934,567        
Treasury stock (in shares) at Mar. 29, 2025       8,230,011      
Beginning balance (in shares) at Dec. 28, 2024   0          
Beginning balance at Dec. 28, 2024 518.8 $ 0.0 $ 0.0 $ (81.4) 299.7 (3.8) 304.3
Common stock, beginning balance (in shares) at Dec. 28, 2024     140,003,975        
Treasury stock (in shares) at Dec. 28, 2024       7,276,549      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Repurchase of common stock (in shares)     (1,925,242)        
Repurchase of common stock     $ (16.0)        
Net (loss) income 46.7            
Ending balance (in shares) at Sep. 27, 2025   0          
Ending balance at Sep. 27, 2025 560.8 $ 0.0 $ 0.0 $ (100.3) 311.6 (1.5) 351.0
Common stock, ending balance (in shares) at Sep. 27, 2025     138,811,036        
Treasury stock (in shares) at Sep. 27, 2025       9,562,027      
Beginning balance (in shares) at Mar. 29, 2025   0          
Beginning balance at Mar. 29, 2025 526.8 $ 0.0 $ 0.0 $ (89.1) 303.7 (2.9) 315.1
Common stock, beginning balance (in shares) at Mar. 29, 2025     139,934,567        
Treasury stock (in shares) at Mar. 29, 2025       8,230,011      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Repurchase of common stock (in shares)     (1,221,672) (1,221,672)      
Repurchase of common stock (10.1)     $ (10.1)      
Issuance of restricted units (in shares)     165,257        
Shares withheld for taxes upon vesting of restricted units (in shares)     (14,356) (14,356)      
Shares withheld for taxes upon vesting of restricted units (0.1)     $ (0.1)      
Share-based compensation 4.4       4.4    
Foreign currency translation adjustment 2.1         2.1  
Net (loss) income 20.7           20.7
Ending balance (in shares) at Jun. 28, 2025   0          
Ending balance at Jun. 28, 2025 543.8 $ 0.0 $ 0.0 $ (99.3) 308.1 (0.8) 335.8
Common stock, ending balance (in shares) at Jun. 28, 2025     138,863,796        
Treasury stock (in shares) at Jun. 28, 2025       9,466,039      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Repurchase of common stock (in shares)     (81,927) (81,927)      
Repurchase of common stock (0.8)   $ (0.8) $ (0.8)      
Issuance of restricted units (in shares)     43,228        
Shares withheld for taxes upon vesting of restricted units (in shares)     (14,061) (14,061)      
Shares withheld for taxes upon vesting of restricted units (0.2)     $ (0.2)      
Share-based compensation 3.5       3.5    
Foreign currency translation adjustment (0.7)         (0.7)  
Net (loss) income 15.2           15.2
Ending balance (in shares) at Sep. 27, 2025   0          
Ending balance at Sep. 27, 2025 560.8 $ 0.0 $ 0.0 $ (100.3) 311.6 (1.5) 351.0
Common stock, ending balance (in shares) at Sep. 27, 2025     138,811,036        
Treasury stock (in shares) at Sep. 27, 2025       9,562,027      
Beginning balance (in shares) at Jan. 03, 2026   0          
Beginning balance at Jan. 03, 2026 $ 572.5 $ 0.0 $ 0.0 $ (100.4) 315.9 (1.1) 358.1
Common stock, beginning balance (in shares) at Jan. 03, 2026     138,856,613        
Treasury stock (in shares) at Jan. 03, 2026 9,583,103     9,583,103      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Repurchase of common stock (in shares)     (2,862,680) (2,862,680)      
Repurchase of common stock $ (15.7)     $ (15.7)      
Issuance of restricted units (in shares)     649,910        
Shares withheld for taxes upon vesting of restricted units (in shares)     (251,384) (251,384)      
Shares withheld for taxes upon vesting of restricted units (1.3)     $ (1.3)      
Share-based compensation 4.9       4.9    
Foreign currency translation adjustment (0.5)         (0.5)  
Net (loss) income 0.2           0.2
Ending balance (in shares) at Apr. 04, 2026   0          
Ending balance at Apr. 04, 2026 560.1 $ 0.0 $ 0.0 $ (117.4) 320.8 (1.6) 358.3
Common stock, ending balance (in shares) at Apr. 04, 2026     136,392,459        
Treasury stock (in shares) at Apr. 04, 2026       12,697,167      
Beginning balance (in shares) at Jan. 03, 2026   0          
Beginning balance at Jan. 03, 2026 $ 572.5 $ 0.0 $ 0.0 $ (100.4) 315.9 (1.1) 358.1
Common stock, beginning balance (in shares) at Jan. 03, 2026     138,856,613        
Treasury stock (in shares) at Jan. 03, 2026 9,583,103     9,583,103      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Repurchase of common stock (in shares)     (8,207,435)        
Repurchase of common stock     $ (42.9)        
Net (loss) income $ (2.4)            
Ending balance (in shares) at Oct. 03, 2026   0          
Ending balance at Oct. 03, 2026 $ 536.7 $ 0.0 $ 0.0 $ (145.6) 328.1 (1.5) 355.7
Common stock, ending balance (in shares) at Oct. 03, 2026     131,517,297        
Treasury stock (in shares) at Oct. 03, 2026 18,238,301     18,238,301      
Beginning balance (in shares) at Apr. 04, 2026   0          
Beginning balance at Apr. 04, 2026 $ 560.1 $ 0.0 $ 0.0 $ (117.4) 320.8 (1.6) 358.3
Common stock, beginning balance (in shares) at Apr. 04, 2026     136,392,459        
Treasury stock (in shares) at Apr. 04, 2026       12,697,167      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Repurchase of common stock (in shares)     (367,096) (367,096)      
Repurchase of common stock (1.9)     $ (1.9)      
Issuance of restricted units (in shares)     619,452        
Shares withheld for taxes upon vesting of restricted units (in shares)     (179,428) (179,428)      
Shares withheld for taxes upon vesting of restricted units (0.9)     $ (0.9)      
Share-based compensation 3.6       3.6    
Foreign currency translation adjustment 0.4         0.4  
Net (loss) income 10.7           10.7
Ending balance (in shares) at Jul. 04, 2026   0          
Ending balance at Jul. 04, 2026 572.0 $ 0.0 $ 0.0 $ (120.2) 324.4 (1.2) 369.0
Common stock, ending balance (in shares) at Jul. 04, 2026     136,465,387        
Treasury stock (in shares) at Jul. 04, 2026       13,243,691      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Repurchase of common stock (in shares)     (4,977,659) (4,977,659)      
Repurchase of common stock (25.3)   $ (25.3) $ (25.3)      
Issuance of restricted units (in shares)     46,520        
Shares withheld for taxes upon vesting of restricted units (in shares)     (16,951) (16,951)      
Shares withheld for taxes upon vesting of restricted units (0.1)     $ (0.1)      
Share-based compensation 3.7       3.7    
Foreign currency translation adjustment (0.3)         (0.3)  
Net (loss) income (13.3)           (13.3)
Ending balance (in shares) at Oct. 03, 2026   0          
Ending balance at Oct. 03, 2026 $ 536.7 $ 0.0 $ 0.0 $ (145.6) $ 328.1 $ (1.5) $ 355.7
Common stock, ending balance (in shares) at Oct. 03, 2026     131,517,297        
Treasury stock (in shares) at Oct. 03, 2026 18,238,301     18,238,301