XML 21 R6.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Stockholders Equity (Deficit) - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-In Capital
Retained Earnings (Deficit)
Net Parent Investment
Net Parent Investment
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Loss
Accounting Standards Update [Extensible List] us-gaap:AccountingStandardsUpdate201602Member            
Beginning balance at Dec. 31, 2017 $ 571.3 $ 0.0 $ 0.0 $ 0.0 $ 582.6 $ (3.0) $ (11.3)
Beginning balance (in shares) at Dec. 31, 2017   0          
Increase (Decrease) in Stockholders' Equity              
Net income 183.7       183.7    
Foreign currency translation adjustments, net of tax (1.7)           (1.7)
Stock-based compensation expense 3.8       3.8    
Net transfer to parent and affiliates (190.9)       (190.9)    
Ending balance at Dec. 30, 2018 563.2 $ 0.0 0.0 0.0 576.2 $ 1.1 (13.0)
Ending balance (in shares) at Dec. 30, 2018   0          
Increase (Decrease) in Stockholders' Equity              
Cumulative effect adjustment for adoption of ASC, net of tax 1.1            
Net income 193.2     87.4 105.8    
Foreign currency translation adjustments, net of tax (1.9)           (1.9)
Stock-based compensation expense 4.7   2.8   1.9    
Exercise of stock options 1.6   1.6        
Exercise of stock options (in shares)   200,000          
Withholding taxes on stock-based awards (0.9)   (0.9)        
Reclassification of net parent investment to common stock and additional paid-in capital 0.0 $ 1.3   (214.5) 213.2    
Reclassification of net parent investment to common stock and additional paid-in capital (in shares)   133,400,000          
Dividend paid to KAR (1,278.0)       (1,278.0)    
Net transfer to parent and affiliates 379.8       379.8    
Ending balance at Dec. 29, 2019 $ (137.2) $ 1.3 3.5 (127.1) 0.0   (14.9)
Ending balance (in shares) at Dec. 29, 2019 133,600,000 133,600,000          
Increase (Decrease) in Stockholders' Equity              
Net income $ 194.8     194.8 0.0    
Foreign currency translation adjustments, net of tax 3.3           3.3
Stock-based compensation expense 8.5   8.5   0.0    
Common stock issued for exercise and vesting of stock-based awards $ 8.1   8.1        
Common stock issued for exercise and vesting of stock-based awards (in shares)   1,100,000          
Exercise of stock options (in shares) 533,385            
Common stock issued for employee stock purchase plan $ 1.0   1.0        
Withholding taxes on stock-based awards (9.1)   (9.1)        
Withholding taxes on stock-based awards (in shares)   (200,000)          
Ending balance at Dec. 27, 2020 $ 69.4 $ 1.3 $ 12.0 $ 67.7 $ 0.0   $ (11.6)
Ending balance (in shares) at Dec. 27, 2020 134,500,000 134,500,000