Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Stockholders' Equity

v3.23.3
Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Loss
Retained Earnings (Accumulated Deficit)
Beginning balance (in shares) at Apr. 02, 2022   388,298,375      
Beginning balance at Apr. 02, 2022 $ 3,530,355 $ 97,075 $ 3,916,384 $ (926,579) $ 443,475
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net loss (174,392)       (174,392)
Dividends on Common Stock (388,284)   (5,343)   (382,941)
Stock-based compensation, net (in shares)   270,687      
Stock-based compensation, net 35,543 $ 67 41,745   (6,269)
Foreign currency translation and other (132,214)     (132,214)  
Defined benefit pension plans 63,745     63,745  
Derivative financial instruments $ 150,883     150,883  
Ending balance (in shares) at Oct. 01, 2022 388,569,062 388,569,062      
Ending balance at Oct. 01, 2022 $ 3,085,636 $ 97,142 3,952,786 (844,165) (120,127)
Beginning balance (in shares) at Jul. 02, 2022   388,490,713      
Beginning balance at Jul. 02, 2022 3,352,493 $ 97,123 3,941,440 (874,876) 188,806
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net loss (118,432)       (118,432)
Dividends on Common Stock (194,149)   (5,343)   (188,806)
Stock-based compensation, net (in shares)   78,349      
Stock-based compensation, net 15,013 $ 19 16,689   (1,695)
Foreign currency translation and other (50,680)     (50,680)  
Defined benefit pension plans 7,594     7,594  
Derivative financial instruments $ 73,797     73,797  
Ending balance (in shares) at Oct. 01, 2022 388,569,062 388,569,062      
Ending balance at Oct. 01, 2022 $ 3,085,636 $ 97,142 3,952,786 (844,165) (120,127)
Beginning balance (in shares) at Apr. 01, 2023 388,665,531 388,665,531      
Beginning balance at Apr. 01, 2023 $ 2,910,713 $ 97,166 3,775,979 (1,019,518) 57,086
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net loss (508,122)       (508,122)
Dividends on Common Stock (233,172)   (176,086)   (57,086)
Stock-based compensation, net (in shares)   218,294      
Stock-based compensation, net 32,813 $ 55 38,136   (5,378)
Foreign currency translation and other (18,438)     (18,438)  
Defined benefit pension plans 12,054     12,054  
Derivative financial instruments $ 14,197     14,197  
Ending balance (in shares) at Sep. 30, 2023 388,883,825 388,883,825      
Ending balance at Sep. 30, 2023 $ 2,210,045 $ 97,221 3,638,029 (1,011,705) (513,500)
Beginning balance (in shares) at Jul. 01, 2023   388,836,545      
Beginning balance at Jul. 01, 2023 2,716,763 $ 97,209 3,733,777 (1,053,529) (60,694)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net loss (450,697)       (450,697)
Dividends on Common Stock (116,597)   (116,597)    
Stock-based compensation, net (in shares)   47,280      
Stock-based compensation, net 18,752 $ 12 20,849   (2,109)
Foreign currency translation and other (5,289)     (5,289)  
Defined benefit pension plans 5,573     5,573  
Derivative financial instruments $ 41,540     41,540  
Ending balance (in shares) at Sep. 30, 2023 388,883,825 388,883,825      
Ending balance at Sep. 30, 2023 $ 2,210,045 $ 97,221 $ 3,638,029 $ (1,011,705) $ (513,500)