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STOCKHOLDERS’ DEFICIT | 3 Months Ended
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Apr. 16, 2023
Stockholders' Equity Note [Abstract] |
STOCKHOLDERS’ DEFICIT | STOCKHOLDERS’ DEFICIT Summary of changes in stockholders’ deficit — A reconciliation of the beginning and ending amounts of stockholders’ deficit is presented below (in thousands):
|  | Number of Shares |  | Amount |  | Capital in Excess of Par Value |  | Retained Earnings |  | Accumulated Other Comprehensive Loss |  | Treasury Stock |  | Total
Balance at October 2, 2022 |  | 82,581 |  |  | $ | 826 |  |  | $ | 508,323 |  |  | $ | 1,842,947 |  |  | $ | (53,982) |  |  | $ | (3,034,306) |  |  | $ | (736,192) |
Shares issued under stock plans, including tax benefit |  | 36 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Share-based compensation |  | — |  |  | — |  |  | 3,534 |  |  | — |  |  | — |  |  | — |  |  | 3,534 |
Dividends declared |  | — |  |  | — |  |  | 67 |  |  | (9,221) |  |  | — |  |  | — |  |  | (9,154) |
Purchases of treasury stock |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (14,999) |  |  | (14,999) |
Net earnings |  | — |  |  | — |  |  | — |  |  | 53,254 |  |  | — |  |  | — |  |  | 53,254 |
Other comprehensive income |  | — |  |  | — |  |  | — |  |  | — |  |  | 489 |  |  | — |  |  | 489 |
Balance at January 22, 2023 |  | 82,617 |  |  | $ | 826 |  |  | $ | 511,924 |  |  | $ | 1,886,980 |  |  | $ | (53,493) |  |  | $ | (3,049,305) |  |  | $ | (703,068) |
Shares issued under stock plans, including tax benefit |  | 12 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Share-based compensation |  | — |  |  | — |  |  | 2,398 |  |  | — |  |  | — |  |  | — |  |  | 2,398 |
Dividends declared |  | — |  |  | — |  |  | 73 |  |  | (9,139) |  |  | — |  |  | — |  |  | (9,066) |
Purchases of treasury stock |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (18,580) |  |  | (18,580) |
Net earnings |  | — |  |  | — |  |  | — |  |  | 26,507 |  |  | — |  |  | — |  |  | 26,507 |
Other comprehensive income |  | — |  |  | — |  |  | — |  |  | — |  |  | 366 |  |  | — |  |  | 366 |
Balance at April 16, 2023 |  | 82,629 |  |  | $ | 826 |  |  | $ | 514,395 |  |  | $ | 1,904,348 |  |  | $ | (53,127) |  |  | $ | (3,067,885) |  |  | $ | (701,443) |
|  | Number of Shares |  | Amount |  | Capital in Excess of Par Value |  | Retained Earnings |  | Accumulated Other Comprehensive Loss |  | Treasury Stock |  | Total
Balance at October 3, 2021 |  | 82,536 |  |  | $ | 825 |  |  | $ | 500,441 |  |  | $ | 1,764,412 |  |  | $ | (74,254) |  |  | $ | (3,009,306) |  |  | $ | (817,882) |
Shares issued under stock plans, including tax benefit |  | 28 |  |  | 1 |  |  | 48 |  |  | — |  |  | — |  |  | — |  |  | 49 |
Share-based compensation |  | — |  |  | — |  |  | 1,018 |  |  | — |  |  | — |  |  | — |  |  | 1,018 |
Dividends declared |  | — |  |  | — |  |  | 63 |  |  | (9,320) |  |  | — |  |  | — |  |  | (9,257) |
Net earnings |  | — |  |  | — |  |  | — |  |  | 39,270 |  |  | — |  |  | — |  |  | 39,270 |
Other comprehensive income |  | — |  |  | — |  |  | — |  |  | — |  |  | 738 |  |  | — |  |  | 738 |
Balance at January 23, 2022 |  | 82,564 |  |  | $ | 826 |  |  | $ | 501,570 |  |  | $ | 1,794,362 |  |  | $ | (73,516) |  |  | $ | (3,009,306) |  |  | $ | (786,064) |
Shares issued under stock plans, including tax benefit |  | 5 |  |  | — |  |  | 2 |  |  | — |  |  | — |  |  | — |  |  | 2 |
Share-based compensation |  | — |  |  | — |  |  | 2,916 |  |  | — |  |  | — |  |  | — |  |  | 2,916 |
Dividends declared |  | — |  |  | — |  |  | 65 |  |  | (9,334) |  |  | — |  |  | — |  |  | (9,269) |
Fair value of assumed Del Taco RSAs attributable to pre-combination service |  | — |  |  | — |  |  | 449 |  |  | — |  |  | — |  |  | — |  |  | 449 |
Net earnings |  | — |  |  | — |  |  | — |  |  | 7,796 |  |  | — |  |  | — |  |  | 7,796 |
Other comprehensive income |  | — |  |  | — |  |  | — |  |  | — |  |  | 553 |  |  | — |  |  | 553 |
Balance at April 17, 2022 |  | 82,569 |  |  | $ | 826 |  |  | $ | 505,002 |  |  | $ | 1,792,824 |  |  | $ | (72,963) |  |  | $ | (3,009,306) |  |  | $ | (783,617) |
Repurchases of common stock — The Company repurchased 0.4 million shares of its common stock in fiscal 2023 for an aggregate cost of $33.6 million, including applicable excise tax. Repurchases of common stock included in our consolidated statements of cash flows for fiscal 2023 excludes $1.0 million, related to repurchase transactions traded in the second quarter that settled in the next quarter. As of April 16, 2023, there was $141.6 million remaining under share repurchase programs authorized by the Board of Directors which expire in November 2023. Dividends — Through April 16, 2023, the Board of Directors declared two cash dividends of $0.44 per common share totaling $18.4 million. Future dividends are subject to approval by our Board of Directors.

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