Unaudited Consolidated Statements of Changes in Stockholders’ Equity - USD ($) $ in Thousands |
Total |
Common Class A |
Common Class B |
Accumulated Earnings |
Accumulated other comprehensive income (loss) |
Common Stock
Common Class A
|
Common Stock
Common Class B
|
Additional Paid-in Capital |
Noncontrolling Interest in Summit Holdings |
Beginning balance at Dec. 31, 2022 |
$ 2,011,990
|
|
|
$ 590,895
|
$ 3,084
|
$ 1,185
|
$ 0
|
$ 1,404,122
|
$ 12,704
|
Beginning balance (in shares) at Dec. 31, 2022 |
|
118,408,655
|
|
|
|
118,408,655
|
99
|
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Net (loss) income |
(31,212)
|
|
|
(30,804)
|
|
|
|
|
(408)
|
LP Unit exchanges (in shares) |
|
|
|
|
|
2,000
|
|
|
|
LP Unit exchanges |
0
|
|
|
|
|
|
|
21
|
(21)
|
Other comprehensive income (loss), net of tax |
164
|
|
|
|
161
|
|
|
|
3
|
Stock option exercises (in shares) |
|
|
|
|
|
902
|
|
|
|
Stock option exercises |
15
|
|
|
|
|
|
|
15
|
|
Share-based compensation |
4,708
|
|
|
|
|
|
|
4,708
|
|
Shares redeemed to settle taxes and other (in shares) |
|
|
|
|
|
407,114
|
|
|
|
Shares redeemed to settle taxes and other |
(5,719)
|
|
|
|
|
$ 4
|
|
(5,680)
|
(43)
|
Ending balance at Apr. 01, 2023 |
1,979,946
|
|
|
560,091
|
3,245
|
$ 1,189
|
$ 0
|
1,403,186
|
12,235
|
Ending balance (in shares) at Apr. 01, 2023 |
|
|
|
|
|
118,818,671
|
99
|
|
|
Beginning balance at Dec. 31, 2022 |
2,011,990
|
|
|
590,895
|
3,084
|
$ 1,185
|
$ 0
|
1,404,122
|
12,704
|
Beginning balance (in shares) at Dec. 31, 2022 |
|
118,408,655
|
|
|
|
118,408,655
|
99
|
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Net (loss) income |
286,241
|
|
|
|
|
|
|
|
|
LP Unit exchanges (in shares) |
|
176,258
|
|
|
|
|
|
|
|
Other comprehensive income (loss), net of tax |
215
|
|
|
|
|
|
|
|
|
Stock option exercises (in shares) |
|
5,407
|
|
|
|
|
|
|
|
Shares redeemed to settle taxes and other (in shares) |
|
522,630
|
|
|
|
|
|
|
|
Ending balance at Sep. 30, 2023 |
2,307,733
|
|
|
873,773
|
3,296
|
$ 1,192
|
$ 0
|
1,415,320
|
14,152
|
Ending balance (in shares) at Sep. 30, 2023 |
|
119,112,950
|
|
|
|
119,112,950
|
99
|
|
|
Beginning balance at Apr. 01, 2023 |
1,979,946
|
|
|
560,091
|
3,245
|
$ 1,189
|
$ 0
|
1,403,186
|
12,235
|
Beginning balance (in shares) at Apr. 01, 2023 |
|
|
|
|
|
118,818,671
|
99
|
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Net (loss) income |
84,728
|
|
|
83,637
|
|
|
|
|
1,091
|
Other comprehensive income (loss), net of tax |
3,123
|
|
|
|
3,081
|
|
|
|
42
|
Stock option exercises (in shares) |
|
|
|
|
|
3,338
|
|
|
|
Stock option exercises |
69
|
|
|
|
|
|
|
69
|
|
Share-based compensation |
5,216
|
|
|
|
|
|
|
5,216
|
|
Shares redeemed to settle taxes and other (in shares) |
|
|
|
|
|
64,265
|
|
|
|
Shares redeemed to settle taxes and other |
882
|
|
|
|
|
$ 1
|
|
893
|
(12)
|
Ending balance at Jul. 01, 2023 |
2,073,964
|
|
|
643,728
|
6,326
|
$ 1,190
|
$ 0
|
1,409,364
|
13,356
|
Ending balance (in shares) at Jul. 01, 2023 |
|
|
|
|
|
118,886,274
|
99
|
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Net (loss) income |
232,725
|
|
|
230,045
|
|
|
|
|
2,680
|
LP Unit exchanges (in shares) |
|
|
|
|
|
174,258
|
|
|
|
LP Unit exchanges |
0
|
|
|
|
|
$ 2
|
|
1,776
|
(1,778)
|
Other comprehensive income (loss), net of tax |
(3,072)
|
|
|
|
(3,030)
|
|
|
|
(42)
|
Stock option exercises (in shares) |
|
|
|
|
|
1,167
|
|
|
|
Stock option exercises |
28
|
|
|
|
|
|
|
28
|
|
Share-based compensation |
5,192
|
|
|
|
|
|
|
5,192
|
|
Distributions from partnership |
(60)
|
|
|
|
|
|
|
|
(60)
|
Shares redeemed to settle taxes and other (in shares) |
|
|
|
|
|
51,251
|
|
|
|
Shares redeemed to settle taxes and other |
(1,044)
|
|
|
|
|
|
|
(1,040)
|
(4)
|
Ending balance at Sep. 30, 2023 |
2,307,733
|
|
|
873,773
|
3,296
|
$ 1,192
|
$ 0
|
1,415,320
|
14,152
|
Ending balance (in shares) at Sep. 30, 2023 |
|
119,112,950
|
|
|
|
119,112,950
|
99
|
|
|
Beginning balance at Dec. 30, 2023 |
2,316,580
|
|
|
876,751
|
7,275
|
$ 1,196
|
$ 0
|
1,421,813
|
9,545
|
Beginning balance (in shares) at Dec. 30, 2023 |
|
119,529,380
|
99
|
|
|
119,529,380
|
99
|
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Net (loss) income |
(67,270)
|
|
|
(66,866)
|
|
|
|
|
(404)
|
LP Unit exchanges (in shares) |
|
|
|
|
|
763,243
|
|
|
|
LP Unit exchanges |
0
|
|
|
|
|
$ 8
|
|
9,534
|
(9,542)
|
Other comprehensive income (loss), net of tax |
(3,585)
|
|
|
|
(3,585)
|
|
|
|
|
Stock option exercises (in shares) |
|
|
|
|
|
29,216
|
|
|
|
Stock option exercises |
593
|
|
|
|
|
|
|
593
|
|
Class B share cancellation (in shares) |
|
|
|
|
|
|
(99,000)
|
|
|
Share-based compensation |
6,720
|
|
|
|
|
|
|
6,720
|
|
Issuance of Class A Shares (in shares) |
|
|
|
|
|
54,720,000
|
|
|
|
Issuance of Class A Shares |
1,973,750
|
|
|
|
|
$ 547
|
|
1,973,203
|
|
Shares redeemed to settle taxes and other (in shares) |
|
|
|
|
|
412,411
|
|
|
|
Shares redeemed to settle taxes and other |
(8,151)
|
|
|
|
|
$ 4
|
|
(8,556)
|
401
|
Ending balance at Mar. 30, 2024 |
4,218,637
|
|
|
809,885
|
3,690
|
$ 1,755
|
$ 0
|
3,403,307
|
0
|
Ending balance (in shares) at Mar. 30, 2024 |
|
|
|
|
|
175,454,250
|
0
|
|
|
Beginning balance at Dec. 30, 2023 |
2,316,580
|
|
|
876,751
|
7,275
|
$ 1,196
|
$ 0
|
1,421,813
|
9,545
|
Beginning balance (in shares) at Dec. 30, 2023 |
|
119,529,380
|
99
|
|
|
119,529,380
|
99
|
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Net (loss) income |
143,983
|
|
|
|
|
|
|
|
|
LP Unit exchanges (in shares) |
|
763,243
|
|
|
|
|
|
|
|
Other comprehensive income (loss), net of tax |
(3,021)
|
|
|
|
|
|
|
|
|
Stock option exercises (in shares) |
|
84,493
|
|
|
|
|
|
|
|
Issuance of Class A Shares (in shares) |
|
54,720,000
|
|
|
|
|
|
|
|
Shares redeemed to settle taxes and other (in shares) |
|
499,198
|
|
|
|
|
|
|
|
Ending balance at Sep. 28, 2024 |
4,446,626
|
|
|
1,021,138
|
4,254
|
$ 1,757
|
$ 0
|
3,419,477
|
0
|
Ending balance (in shares) at Sep. 28, 2024 |
|
175,596,314
|
0
|
|
|
175,596,314
|
0
|
|
|
Beginning balance at Mar. 30, 2024 |
4,218,637
|
|
|
809,885
|
3,690
|
$ 1,755
|
$ 0
|
3,403,307
|
0
|
Beginning balance (in shares) at Mar. 30, 2024 |
|
|
|
|
|
175,454,250
|
0
|
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Net (loss) income |
106,075
|
|
|
106,075
|
|
|
|
|
|
Other comprehensive income (loss), net of tax |
(1,542)
|
|
|
|
(1,542)
|
|
|
|
|
Stock option exercises (in shares) |
|
|
|
|
|
54,272
|
|
|
|
Stock option exercises |
987
|
|
|
|
|
$ 1
|
|
986
|
|
Share-based compensation |
7,413
|
|
|
|
|
|
|
7,413
|
|
Shares redeemed to settle taxes and other (in shares) |
|
|
|
|
|
77,949
|
|
|
|
Shares redeemed to settle taxes and other |
1,174
|
|
|
|
|
$ 1
|
|
1,173
|
0
|
Ending balance at Jun. 29, 2024 |
4,332,744
|
|
|
915,960
|
2,148
|
$ 1,757
|
$ 0
|
3,412,879
|
0
|
Ending balance (in shares) at Jun. 29, 2024 |
|
|
|
|
|
175,586,471
|
0
|
|
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Net (loss) income |
105,178
|
|
|
105,178
|
|
|
|
|
|
Other comprehensive income (loss), net of tax |
2,106
|
|
|
|
2,106
|
|
|
|
|
Stock option exercises (in shares) |
|
|
|
|
|
1,005
|
|
|
|
Stock option exercises |
21
|
|
|
|
|
|
|
21
|
|
Share-based compensation |
6,729
|
|
|
|
|
|
|
6,729
|
|
Shares redeemed to settle taxes and other (in shares) |
|
|
|
|
|
8,838
|
|
|
|
Shares redeemed to settle taxes and other |
(152)
|
|
|
|
|
|
|
(152)
|
|
Ending balance at Sep. 28, 2024 |
$ 4,446,626
|
|
|
$ 1,021,138
|
$ 4,254
|
$ 1,757
|
$ 0
|
$ 3,419,477
|
$ 0
|
Ending balance (in shares) at Sep. 28, 2024 |
|
175,596,314
|
0
|
|
|
175,596,314
|
0
|
|
|