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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

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Weighted-Average

 

Aggregate

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Weighted-Average

 

 Contractual Life

 

Intrinsic Value

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Shares

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Exercise Price

 

Life (Years)

 

(in thousands)

Outstanding - December 25, 2019

 

2,077,570

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$

8.14

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Exercised

 

(970,736)

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6.04

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Forfeited, cancelled or expired

 

(75,968)

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12.14

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Outstanding - December 30, 2020

 

1,030,866

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$

9.82

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Grants

 

256,172

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17.55

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Exercised

 

(132,760)

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6.52

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Forfeited, cancelled or expired

 

(176,200)

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$

14.48

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Outstanding - December 29, 2021

 

978,078

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$

11.45

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4.59

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$

3,165

Vested and expected to vest at December 29, 2021

 

974,133

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$

11.43

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4.57

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$

3,162

Exercisable at December 29, 2021

 

699,170

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$

10.01

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3.05

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$

2,869

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

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December 29, 2021

    

Expected volatility

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46.9

%  

Risk-free interest rate

 

1.1

%  

Expected term (years)

 

6.25

 

Expected dividends

 

—

 

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Schedule of Changes in Restricted Shares

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

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Weighted-Average

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Shares

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Fair Value

Unvested shares at December 25, 2019

 

588,008

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$

11.23

Granted

 

415,022

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$

12.50

Released

 

(158,748)

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$

11.73

Forfeited, cancelled, or expired

 

(101,878)

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$

12.32

Unvested shares at December 30, 2020

 

742,404

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$

11.68

Granted

 

222,741

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$

17.13

Released

 

(248,255)

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$

11.99

Forfeited, cancelled, or expired

 

(221,110)

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$

11.80

Unvested shares at December 29, 2021

 

495,780

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$

13.92