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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 29, 2021
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Changes in Stock Options

Weighted-Average

 

Aggregate

    

    

Weighted-Average

 

 Contractual Life

 

Intrinsic Value

Shares

Exercise Price

 

Life (Years)

 

(in thousands)

Outstanding - December 25, 2019

 

2,077,570

$

8.14

Exercised

 

(970,736)

6.04

Forfeited, cancelled or expired

 

(75,968)

 

12.14

Outstanding - December 30, 2020

 

1,030,866

$

9.82

Grants

 

256,172

 

17.55

Exercised

 

(132,760)

 

6.52

Forfeited, cancelled or expired

 

(176,200)

$

14.48

Outstanding - December 29, 2021

 

978,078

$

11.45

4.59

$

3,165

Vested and expected to vest at December 29, 2021

 

974,133

$

11.43

4.57

$

3,162

Exercisable at December 29, 2021

 

699,170

$

10.01

3.05

$

2,869

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

    

December 29, 2021

    

Expected volatility

46.9

%  

Risk-free interest rate

 

1.1

%  

Expected term (years)

 

6.25

 

Expected dividends

 

 

Schedule of Changes in Restricted Shares

Changes in restricted shares for the years ended December 29, 2021 and December 30, 2020, are as follows:

    

    

Weighted-Average

Shares

Fair Value

Unvested shares at December 25, 2019

 

588,008

$

11.23

Granted

 

415,022

$

12.50

Released

 

(158,748)

$

11.73

Forfeited, cancelled, or expired

 

(101,878)

$

12.32

Unvested shares at December 30, 2020

 

742,404

$

11.68

Granted

 

222,741

$

17.13

Released

 

(248,255)

$

11.99

Forfeited, cancelled, or expired

 

(221,110)

$

11.80

Unvested shares at December 29, 2021

 

495,780

$

13.92