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Employee Stock Plans (Tables)
12 Months Ended
Dec. 27, 2024
Postemployment Benefits [Abstract]  
Stock-Based Compensation Expense Included in Condensed Consolidated Statements of Operations
The following table shows the Company's stock-based compensation included in the Consolidated Statements of Operations:
Year Ended
(In millions)December 27,
2024
December 29,
2023
December 30,
2022
Cost of revenues (1)$1.6 $1.3 $1.5 
Research and development0.3 0.3 0.3 
Sales and marketing1.9 1.5 1.3 
General and administrative13.6 9.0 16.0 
Total stock-based compensation$17.4 $12.1 $19.1 
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(1)Stock-based compensation expenses capitalized in inventory for fiscal years 2024, 2023 and 2022 were immaterial.
Summary of Restricted Stock Unit and Restricted Stock Award Activity
The following table summarizes the Company’s PSUs, RSUs and RSAs activities through the year ended December 27, 2024:
Number of Shares Aggregate
Intrinsic
Value
(In millions)
Unvested restricted stock units and restricted stock awards at December 30, 20221.1$37.6 
Granted0.8
Vested(0.5)
Forfeited0.0
Unvested restricted stock units and restricted stock awards at December 29, 20231.4$46.1 
Granted0.7
Vested(0.5)
Forfeited(0.2)
Unvested restricted stock units and restricted stock awards at December 27, 20241.4$52.0 
Vested and expected to vest restricted stock units and restricted stock awards1.4$51.9 
Summary for PSU awards Company used for the Monte Carlo simulation For the PSU
awards, the Company used the following inputs for the Monte Carlo simulation:
Year Ended
December 27,
2024
December 29,
2023
December 30,
2022
Stock price$40.82 $28.19 $32.17 
Term2.68 years2.68 years2.68 years
Expected volatilities50.6 %57.4 %65.9 %
Risk-free rate4.8 %3.9 %2.7 %