Stockholders' Deficit | 4. Stockholders’ Deficit The following table summarizes the changes in stockholders’ deficit for the third quarter of 2024. Accumulated Additional Other Common Stock Paid-in Retained Comprehensive Shares Amount Capital Deficit Loss Balance at June 16, 2024 34,956,623 $ 350 $ 30,008 $ ( 3,916,008 ) $ ( 5,475 ) Net income — — — 146,924 — Dividends declared on common stock and equivalents 1.51 per share) — — — ( 52,502 ) — Issuance and cancellation of stock awards, net 3,466 — — — — Tax payments for restricted stock upon vesting ( 3,029 ) ( 1 ) ( 1,445 ) — — Purchases of common stock ( 443,302 ) ( 4 ) ( 39,572 ) ( 152,230 ) — Exercise of stock options 16,612 — 3,202 — — Non-cash equity-based compensation expense — — 9,517 — — Currency translation adjustment — — — — 598 Balance at September 8, 2024 34,530,370 $ 345 $ 1,710 $ ( 3,973,816 ) $ ( 4,877 ) The following table summarizes the changes in stockholders’ deficit for the three fiscal quarters of 2024. Accumulated Additional Other Common Stock Paid-in Retained Comprehensive Shares Amount Capital Deficit Loss Balance at December 31, 2023 34,726,182 $ 347 $ 2,801 $ ( 4,069,648 ) $ ( 3,867 ) Net income — — — 414,726 — Dividends declared on common stock and equivalents 4.53 per share) — — — ( 158,565 ) — Issuance and cancellation of stock awards, net 65,135 1 — — — Tax payments for restricted stock upon vesting ( 23,417 ) ( 1 ) ( 10,705 ) — — Purchases of common stock ( 499,674 ) ( 5 ) ( 56,593 ) ( 160,329 ) — Exercise of stock options 262,144 3 34,666 — — Non-cash equity-based compensation expense — — 31,541 — — Currency translation adjustment — — — — ( 1,010 ) Balance at September 8, 2024 34,530,370 $ 345 $ 1,710 $ ( 3,973,816 ) $ ( 4,877 ) Subsequent to the end of the third quarter of 2024, on October 8, 2024 , the Company’s Board of Directors declared a $ 1.51 per share quarterly dividend on its outstanding common stock for shareholders of record as of December 13, 2024 to be paid on December 27, 2024 . The following table summarizes the changes in stockholders’ deficit for the third quarter of 2023. Accumulated Additional Other Common Stock Paid-in Retained Comprehensive Shares Amount Capital Deficit Loss Balance at June 18, 2023 35,057,585 $ 351 $ 3,370 $ ( 4,166,520 ) $ ( 3,767 ) Net income — — — 147,676 — Dividends declared on common stock and equivalents 1.21 per share) — — — ( 42,493 ) — Issuance and cancellation of stock awards, net 4,142 — — — — Tax payments for restricted stock upon vesting ( 5,932 ) — ( 2,172 ) — — Purchases of common stock ( 229,860 ) ( 3 ) ( 14,435 ) ( 76,416 ) — Exercise of stock options 53,188 1 4,754 — — Non-cash equity-based compensation expense — — 9,442 — — Currency translation adjustment — — — — ( 1,330 ) Balance at September 10, 2023 34,879,123 $ 349 $ 959 $ ( 4,137,753 ) $ ( 5,097 ) The following table summarizes the changes in stockholders’ deficit for the three fiscal quarters of 2023. Accumulated Additional Other Common Stock Paid-in Retained Comprehensive Shares Amount Capital Deficit Loss Balance at January 1, 2023 35,419,718 $ 354 $ 9,693 $ ( 4,194,418 ) $ ( 4,694 ) Net income — — — 361,826 — Dividends declared on common stock and equivalents 3.63 per share) — — — ( 128,143 ) — Issuance and cancellation of stock awards, net 32,715 — — — — Tax payments for restricted stock upon vesting ( 15,601 ) — ( 5,240 ) — — Purchases of common stock ( 622,405 ) ( 6 ) ( 35,806 ) ( 177,018 ) — Exercise of stock options 64,696 1 5,805 — — Non-cash equity-based compensation expense — — 26,507 — — Currency translation adjustment — — — — ( 403 ) Balance at September 10, 2023 34,879,123 $ 349 $ 959 $ ( 4,137,753 ) $ ( 5,097 ) |