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SHAREHOLDERS' EQUITY (Tables)
9 Months Ended
Sep. 25, 2022
Shareholders' Equity [Abstract]  
Schedule of Stockholders Equity
Changes in the balance of each component of shareholders’ equity during the reporting periods were as follows:
Thirteen weeks ended
Thirty-nine weeks ended
(in thousands)September 25,
2022
September 26,
2021
September 25,
2022
September 26,
2021
Common stock shares
Beginning balance32,684 35,510 34,861 35,493 
Purchases and retirement of common stock— — (2,234)— 
Net issuance under equity plans, including tax benefits(55)66 (72)
Stock-based compensation— — — 34 
Ending balance32,693 35,455 32,693 35,455 
Common stock amount
Beginning balance$$$$
Current period activity— — — — 
Ending balance
Retained earnings
Beginning balance483,296 479,567 508,813 452,017 
Net income20,696 18,642 55,228 41,424 
Purchases and retirement of common stock (1)— — (60,939)— 
Net issuance under equity plans, including tax benefits30 (133)(3,567)(2,281)
Stock-based compensation3,188 3,233 7,675 10,149 
Ending balance507,210 501,309 507,210 501,309 
Accumulated other comprehensive loss
Beginning balance, net of tax(17,344)(14,338)(15,747)(14,828)
Foreign currency translation adjustment(3,053)(1,296)(4,650)(806)
Ending balance, net of tax(20,397)(15,634)(20,397)(15,634)
Total shareholders’ equity ending balance$486,814 $485,676 $486,814 $485,676 
(1)Under applicable Washington State law, shares purchased are not displayed separately as treasury stock on our Consolidated Balance Sheets and are treated as authorized but unissued shares. It is our accounting policy to first record these purchases as a reduction to our common stock account. Once the common stock account has been reduced to a nominal balance, remaining purchases are recorded as a reduction to our retained earnings. Furthermore, activity in our common stock account related to stock-based compensation is also recorded to retained earnings until such time as the reduction to retained earnings due to stock repurchases has been recovered.