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STOCKHOLDER'S EQUITY | 12 Months Ended
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Dec. 27, 2023
Equity [Abstract] |
STOCKHOLDER'S EQUITY | STOCKHOLDERS' EQUITY Redemptions of LLC Interests The SSE Holdings LLC Agreement provides that holders of LLC Interests may, from time to time, require SSE Holdings to redeem all or a portion of their LLC Interests for newly-issued shares of Class A common stock on a one-for-one basis. In connection with any redemption or exchange, the Company receives a corresponding number of LLC Interests, increasing its total ownership interest in SSE Holdings. Simultaneously, and in connection with a redemption, the corresponding number of shares of Class B common stock are surrendered and cancelled. A summary of activity related to redemptions of LLC Interests were as follows:
|  | 2023 |  | 2022 |  | 2021
Redemption and acquisition of LLC Interests |  |  |  |  |
| Number of LLC Interests redeemed by non-controlling interest holders | 35,000 |  |  | 52,074 |  |  | 29,601 |
| Number of LLC Interests received by Shake Shack Inc. | 35,000 |  |  | 52,074 |  |  | 29,601 |
Issuance of Class A common stock |  |  |  |  |
| Shares of Class A common stock issued in connection with redemptions of LLC Interests | 35,000 |  |  | 52,074 |  |  | 29,601 |
Cancellation of Class B common stock |  |  |
| Shares of Class B common stock surrendered and cancelled | 35,000 |  |  | 52,074 |  |  | 29,601 |
Stock Compensation Plan Activity The Company received an aggregate of 154,317, 90,527 and 395,006 LLC Interests in connection with the activity under the stock compensation plan during fiscal 2023, fiscal 2022 and fiscal 2021, respectively. Dividend Restrictions Shake Shack Inc. is a holding company with no direct operations. As a result, its ability to pay cash dividends on its common stock, if any, is dependent upon cash dividends, distributions or other transfers from SSE Holdings. The amounts available to pay cash dividends are subject to certain covenants and restrictions set forth in the Revolving Credit Facility. As of December 27, 2023, essentially all of the net assets of SSE Holdings were restricted.

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