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Stock Based Compensation
3 Months Ended
Apr. 02, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Stock Based Compensation

8. Stock Based Compensation

During the three months ended April 2, 2021, the Company issued 461,978 restricted stock units at a weighted average grant-date fair value of $14.55 per share. As of April 2, 2021, the Company had 1,241,367 restricted stock units outstanding at a weighted average grant-date fair value of $15.73  per share. As of April 2, 2021, $15.4 million of total restricted stock unit compensation expense related to unvested awards had not been recognized and is expected to be recognized over a weighted average period of approximately 2.4 years.

As of April 2, 2021, the Company had 66,525 shares of common stock subject to vesting requirements outstanding at a weighted average grant-date fair value of $18.50  per share. As of April 2, 2021, $0.2  million of compensation expense related to common stock subject to vesting requirements had not been recognized and is expected to be recognized over a weighted average period of approximately 1.0 year.

Forfeitures for all of the Company’s outstanding equity awards are recognized as incurred.