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Equity and Accumulated Other Comprehensive Income (Tables)
 6 Months Ended
Jun. 29, 2024
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Loss
Common Stock
Hillman Solutions Corp. has one class of common stock.
Accumulated Other Comprehensive Income (Loss)
The following is detail of the changes in the Company's accumulated other comprehensive income (loss) from December 31, 2022 to June 29, 2024, including the effect of significant reclassifications out of accumulated other comprehensive income (loss) (net of tax):
Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2022
$(21,024)
Other comprehensive income before reclassifications8,812 
Amounts reclassified from other comprehensive income(15,608)
Net current period other comprehensive loss (1)
(6,796)
Balance at December 30, 2023
(27,820)
Other comprehensive income before reclassifications(12,818)
Amounts reclassified from other comprehensive income8,361 
Net current period other comprehensive loss (2)
(4,457)
Balance at June 29, 2024
$(32,277)
1.During the year ended December 30, 2023, the Company deferred a gain of $125, reclassified a gain of $15,608 net of tax of $3,886 into other comprehensive loss due to hedging activities. The amounts reclassified out of other comprehensive loss were recorded as interest expense. See Note 14 - Derivatives and Hedging for additional information on the interest rate swaps.
2.During the twenty-six weeks ended June 29, 2024, the Company deferred a loss of $8,678, reclassified a loss of $8,361 net of tax of $80 into other comprehensive loss due to hedging activities. The amounts reclassified out of other comprehensive loss were recorded as interest expense. See Note 14 - Derivatives and Hedging for additional information on the interest rate swaps.