Subsequent Events

3 Months Ended

Mar. 29, 2015

Subsequent Events [Abstract]

Subsequent Events

NOTE 17: SUBSEQUENT EVENTS

Special Cash Dividend—As further described in Note 11, on April 9, 2015, the Company paid the Special Cash Dividend of $649 million, which includes the payment to holders of Warrants.

Secondary Public Offering—On April 22, 2015, the Company’s registration statement on Form S-1 was declared effective by the SEC for a secondary offering of Class A Common Stock. The Company registered on behalf of certain stockholders the offering and sale of 9,240,073 shares of Class A Common Stock and an additional 1,386,010 shares of Class A Common Stock pursuant to an option to purchase additional shares granted to the underwriters. On April 28, 2015, the selling stockholders completed the offering of 9,240,073 shares of Class A Common Stock at a price of $56.00 per share. The Company did not receive any of the proceeds from the shares of Class A Common Stock sold by the selling stockholders.