Transactions with Related Parties

12 Months Ended

Dec. 30, 2022

Related Party Transactions [Abstract]

Transactions with Related Parties

13. Transactions with Related Parties

During the year ended December 30, 2022, the Company repurchased 31 thousand shares of the Company’s stock from members of its Board of Directors for a total cost of $0.6 million, or $20.50 per share. During the year ended December 31, 2021, the Company repurchased 24 thousand shares of the Company’s stock from members of its Board of Directors for a total cost of $0.4 million, or $16.05 per share. Subsequent to the year ended December 30, 2022, the Company repurchased 37 thousand shares of the Company’s stock from members of its Board of Directors for a total of $0.7 million, or $18.96 per share. The proceeds from the sale of these shares were used primarily to cover estimated tax liabilities associated with previously vested restricted stock units. See Note 11 for further details.