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SHAREHOLDERS' EQUITY (Tables)
6 Months Ended
Jun. 25, 2023
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
Twenty-six weeks ended
(in thousands)June 25,
2023
June 26,
2022
June 25,
2023
June 26,
2022
Common stock shares
Beginning balance31,507 33,608 32,730 34,861 
Purchases and retirement of common stock(520)(907)(1,877)(2,234)
Net issuance under equity plans, including tax benefits(17)143 57 
Stock-based compensation— — — — 
Ending balance30,996 32,684 30,996 32,684 
Common stock amount
Beginning balance$$$$
Current period activity— — — — 
Ending balance
Retained earnings
Beginning balance487,893 483,170 516,332 508,813 
Net income (loss)(7,323)24,013 (11,612)34,532 
Purchases and retirement of common stock (1)(9,482)(24,613)(34,200)(60,939)
Net issuance under equity plans, including tax benefits57 51 (2,005)(3,597)
Stock-based compensation2,664 675 5,294 4,487 
Ending balance473,809 483,296 473,809 483,296 
Accumulated other comprehensive loss
Beginning balance, net of tax(20,271)(15,620)(20,018)(15,747)
Foreign currency translation adjustment506 (1,724)253 (1,597)
Ending balance, net of tax(19,765)(17,344)(19,765)(17,344)
Total shareholders’ equity ending balance$454,045 $465,953 $454,045 $465,953 
(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.