Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statement of Changes in Stockholders??? Equity

v3.22.2.2
Consolidated Statement of Changes in Stockholders’ Equity - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
 [1]
Preferred Stock
Class A Preferred Units
Preferred Stock
Class A Preferred Units
Retroactive application of the recapitalization
Common Stock
Common Stock
Retroactive application of the recapitalization
Common Stock
Class B Common Units
Common Stock
Class B Common Units
Retroactive application of the recapitalization
Additional paid-in capital
Additional paid-in capital
Retroactive application of the recapitalization
Accumulated Other Comprehensive Income (Loss)
Retained Earnings (AccumulatedDeficit)
Retained Earnings (AccumulatedDeficit)
Cumulative Effect, Period of Adoption, Adjustment
 [1]
Beginning balance (in shares) at Dec. 26, 2020     189,044 (189,044) 66,145,633 66,145,633 4,478 (4,478)          
Beginning Balance at Dec. 26, 2020 $ 140,874   $ 189,044 $ (189,044) $ 7 $ 7 $ 261 $ (261) $ 189,299 $ 189,299 $ (227) $ (48,205)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Vesting of Midco LLC class B units (in shares)         111,895                
Vesting of Midco LLC class B units 52               52        
Distributions to Janus Midco, LLC unitholders (96)                     (96)  
Cumulative translation adjustment 311                   311    
Net income 14,719                     14,719  
Ending balance (in shares) at Mar. 27, 2021         66,257,528                
Ending Balance at Mar. 27, 2021 155,860       $ 7       189,351   84 (33,582)  
Beginning balance (in shares) at Dec. 26, 2020     189,044 (189,044) 66,145,633 66,145,633 4,478 (4,478)          
Beginning Balance at Dec. 26, 2020 140,874   $ 189,044 $ (189,044) $ 7 $ 7 $ 261 $ (261) 189,299 $ 189,299 (227) (48,205)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income 28,566                        
Ending balance (in shares) at Sep. 25, 2021         138,384,360                
Ending Balance at Sep. 25, 2021 219,750       $ 14       244,671   (1,123) (23,812)  
Beginning balance (in shares) at Mar. 27, 2021         66,257,528                
Beginning Balance at Mar. 27, 2021 155,860       $ 7       189,351   84 (33,582)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Vesting of Midco LLC class B units (in shares)         4,012,872                
Vesting of Midco LLC class B units 5,210               5,210        
Issuance of PIPE (in shares)         25,000,000                
Issuance of PIPE Shares 250,000       $ 3       249,997        
Issuance of common stock upon merger, net of transaction costs, earn out, and merger warrant liability (in shares)         41,113,850                
Issuance of common stock upon merger, net of transaction costs, earn out, and merger warrant liability 226,944       $ 4       226,940        
Issuance of earn out shares to common stockholders (in shares)         2,000,000                
Issuance of earn out shares to common stockholders 26,480               26,480        
Distributions to Janus Midco, LLC unitholders (541,710)               (541,710)        
Distributions to Class A preferred units (4,078)                     (4,078)  
Deferred Tax Asset 78,291               78,291        
Cumulative translation adjustment (37)                   (37)    
Net income (1,694)                     (1,694)  
Ending balance (in shares) at Jun. 26, 2021         138,384,250                
Ending Balance at Jun. 26, 2021 195,266       $ 14       234,559   47 (39,354)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Warrant redemption (in shares)         110                
Warrant redemption 1               1        
Cumulative translation adjustment (1,170)                   (1,170)    
Warrant movements from private to public 10,111               10,111        
Net income 15,542                     15,542  
Ending balance (in shares) at Sep. 25, 2021         138,384,360                
Ending Balance at Sep. 25, 2021 219,750       $ 14       244,671   (1,123) (23,812)  
Beginning balance (in shares) at Jan. 01, 2022         146,561,717                
Beginning Balance at Jan. 01, 2022 268,287 $ (924)     $ 15       277,799   (949) (8,578) $ (924)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Cumulative translation adjustment (514)                   (514)    
Share based compensation 600               600        
Net income 19,704                     19,704  
Ending balance (in shares) at Apr. 02, 2022         146,561,717                
Ending Balance at Apr. 02, 2022 287,153       $ 15       278,399   (1,463) 10,202  
Beginning balance (in shares) at Jan. 01, 2022         146,561,717                
Beginning Balance at Jan. 01, 2022 268,287 $ (924)     $ 15       277,799   (949) (8,578) $ (924)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income 74,940                        
Ending balance (in shares) at Oct. 01, 2022         146,647,275                
Ending Balance at Oct. 01, 2022 337,510       $ 15       279,944   (7,887) 65,438  
Beginning balance (in shares) at Apr. 02, 2022         146,561,717                
Beginning Balance at Apr. 02, 2022 287,153       $ 15       278,399   (1,463) 10,202  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Issuance of restricted units (in shares)         77,660                
Cumulative translation adjustment (3,387)                   (3,387)    
Share based compensation                 910        
Net income 22,837                     22,837  
Ending balance (in shares) at Jul. 02, 2022         146,639,377                
Ending Balance at Jul. 02, 2022 307,513       $ 15       279,309   (4,850) 33,039  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Issuance of restricted units (in shares)         7,898                
Cumulative translation adjustment (3,037)                   (3,037)    
Share based compensation                 635        
Net income 32,399                     32,399  
Ending balance (in shares) at Oct. 01, 2022         146,647,275                
Ending Balance at Oct. 01, 2022 $ 337,510       $ 15       $ 279,944   $ (7,887) $ 65,438  
[1] Effective January 2, 2022, the Company adopted the provisions of Accounting Standards Update (“ASU”) 2016-13, Financial Instruments - Credit Losses: Measurement of Credit Losses on Financial Instruments (Topic 326) and ASU 2016-02, Leases (Topic 842). We have elected to adopt each of the two standards using the modified retrospective approach through a cumulative-effect adjustment to the opening balance of accumulated deficit for both. See Note 2 for further details of the impact of each standard.