Annual report pursuant to Section 13 and 15(d)

Equity and Accumulated Other Comprehensive Income

v3.20.4
Equity and Accumulated Other Comprehensive Income
12 Months Ended
Dec. 26, 2020
Equity [Abstract]  
Equity and Accumulated Other Comprehensive Income
Common Stock
The Hillman Companies, Inc. has one class of common stock. All outstanding shares of The Hillman Companies, Inc. common stock are owned by Holdco. The management shareholders of Holdco do not have the ability to put their shares back to Holdco.
Preferred Stock
The Hillman Companies, Inc. has one class of preferred stock, with 5,000 shares authorized and none issued or outstanding as of December 26, 2020 and December 28, 2019.
Accumulated Other Comprehensive Loss
The following is the detail of the change in the Company's accumulated other comprehensive loss from December 30, 2017 to December 26, 2020 including the effect of significant reclassifications out of accumulated other comprehensive income (net of tax):
Foreign Currency Translation
Balance at December 30, 2017 $ (26,537)
Other comprehensive income before reclassifications (11,104)
Amounts reclassified from other comprehensive income¹ 51 
Net current period other comprehensive loss (11,053)
Balance at December 29, 2018 (37,590)
Other comprehensive income before reclassifications 5,533 
Amounts reclassified from other comprehensive income² 17 
Net current period other comprehensive income 5,550 
Balance at December 28, 2019 (32,040)
Other comprehensive loss before reclassifications 2,652 
Amounts reclassified from other comprehensive income — 
Net current period other comprehensive income 2,652 
Balance at December 26, 2020 $ (29,388)
1.In the year ended December 29, 2018, the Company fully liquidated four subsidiaries within the Canada reportable segment: Hillman Group GP1, LLC, Hillman Group GP2, LLC, HGC1 Financing LP, and HGC2 Holding LP and reclassified the cumulative translation adjustment to income The $51 loss was recorded as other income on the Consolidated Statement of Comprehensive Loss.
2.In the year ended December 28, 2019, the Company fully liquidated its Luxembourg subsidiary which results resides within the Canada reportable segment.The $17 loss was recorded as other income on the Consolidated Statement of Comprehensive Loss.