Stock Plans (Tables)

12 Months Ended

Dec. 30, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The fair value of each of these option awards is estimated on the date of grant using the Black-Scholes option pricing model with the weighted average assumptions noted in the following table. Expected volatility is based on the historical volatility of the Company’s common stock. The expected term takes into consideration option exercise history. The risk-free interest rate is based on the U.S. Treasury yield curve in effect on the date of grant which most closely corresponds to the expected term of the Time-Vesting Options. The dividend yield is based on the Company’s historic average dividend yield. The Company did not grant any Time-Vesting Options for the fiscal year ended December 30, 2023.

	December 31,	January 1,
	2022	2022
Dividend yield	0.0%	0.0%
Volatility	57.0% - 57.1%	56.7%
Risk-free interest rate	2.36% - 2.86%	1.13%
Expected term (years)	6.0 - 7.0	6.5

Schedule of Share-based Compensation, Stock Options Activity

A summary of all option activity for the fiscal year ended December 30, 2023 is presented below.

						Weighted
				Weighted		Average
				Average		Remaining		Aggregate
				Exercise		Contractual		Intrinsic
	Shares			Price		Life (Yrs.)		Value
Outstanding at December 31, 2022		7,404		$	33.23
Granted		—		$	—
Exercised		(98	)	$	6.69
Cancelled		(355	)	$	14.35
Outstanding at December 30, 2023		6,951		$	34.57		2.7	$	1,255
Exercisable at December 30, 2023		5,635		$	36.24		2.0	$	1,075

Schedule of Share-based Compensation, Restricted Stock Units Award Activity

A summary of RSU activity under the Stock Plans for the fiscal year ended December 30, 2023 is presented below.

				Weighted Average
				Grant Date Fair
	Shares			Value
Outstanding at December 31, 2022		2,411		$	9.09
Granted		2,010		$	7.43
Vested		(743	)	$	10.68
Forfeited		(1,021	)	$	8.15
Outstanding at December 30, 2023		2,657		$	7.75

Schedule of Share-based Compensation, Performance Stock Units Award Activity

A summary of PSU activity for the fiscal year ended December 30, 2023 is presented below.

				Weighted Average
				Grant Date Fair
	Shares			Value
Outstanding at December 31, 2022		—		$	—
Granted		239		$	13.80
Vested		—		$	—
Forfeited		(24	)	$	13.80
Outstanding at December 30, 2023		215		$	13.80