XML 35 R26.htm IDEA: XBRL DOCUMENT v3.23.3

Basis of Presentation and Significant Accounting Policies (Tables)

9 Months Ended

Sep. 29, 2023

Accounting Policies [Abstract]

Schedule of Revision of Financial Statements

Condensed Consolidated Balance Sheet

(in thousands)

(Unaudited)

		December 30, 2022
		As Previously Reported				Adjustment				As revised
Deferred income taxes		$	4,824			$	3,920			$	8,744
Total assets			414,898				3,920				418,818
Accumulated deficit			(72,635	)			3,920				(68,715	)
Total stockholders’ equity			332,192				3,920				336,112
Total liabilities and stockholders’ equity			414,898				3,920				418,818

Condensed Consolidated Statements of Stockholders’ Equity

(in thousands)

(Unaudited)

		As Previously Reported				Adjustment				As revised
At December 31, 2021
Accumulated deficit		$	(111,390	)		$	3,010			$	(108,380	)
Total stockholders’ equity			258,558				3,010				261,568
At December 30, 2022
Accumulated deficit			(72,635	)			3,920				(68,715	)
Total stockholders’ equity			332,192				3,920				336,112

Condensed Consolidated Statements of Income and Comprehensive Income

(in thousands, except per share amounts)

(Unaudited)

		December 30, 2022												December 31, 2021
		As Previously Reported				Adjustment				As revised				As Previously Reported				Adjustment				As revised
Provision (benefit) for income taxes		$	6,797			$	(910	)		$	5,887			$	6,803			$	(3,010	)		$	3,793
Net income			38,755				910				39,665				24,501				3,010				27,511
Comprehensive income			42,959				910				43,869				25,998				3,010				29,008
Net income per share:
Basic		$	0.81			$	0.02			$	0.83			$	0.52			$	0.06			$	0.58
Diluted		$	0.78			$	0.02			$	0.80			$	0.50			$	0.06			$	0.56

Condensed Consolidated Statements of Cash Flows

(in thousands)

(Unaudited)

		December 30, 2022												December 31, 2021
		As Previously Reported				Adjustment				As revised				As Previously Reported				Adjustment				As revised
Cash flows from operating activities
Net income		$	38,755			$	910			$	39,665			$	24,501			$	3,010			$	27,511
Deferred income taxes			(1,344	)			(910	)			(2,254	)			1,495				(3,010	)			(1,515	)

X

- References

No definition available.

+ Details

Name:	us-gaap_AccountingPoliciesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-8

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-7

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-9

+ Details

Name:	us-gaap_ScheduleOfErrorCorrectionsAndPriorPeriodAdjustmentsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration