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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 28, 2022
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 29, 2021

 

978,078

$

11.45

Grants

 

372,958

 

10.54

Exercised

 

(150,475)

10.50

Forfeited, cancelled or expired

 

(18,617)

$

15.86

Outstanding - September 28, 2022

 

1,181,944

$

11.21

6.06

$

742

Vested and expected to vest at September 28, 2022

 

1,172,082

$

11.21

6.03

$

742

Exercisable at September 28, 2022

 

659,861

$

10.50

3.58

$

742

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

    

September 28, 2022

    

September 29, 2021

 

Expected volatility

43.0

%  

46.9

%

Risk-free interest rate

 

2.9

%  

1.1

%

Expected term (years)

 

6.25

 

6.25

Expected dividends

 

 

Schedule of Changes in Restricted Shares

    

    

Weighted-Average

Shares

Fair Value

Unvested shares at December 29, 2021

 

495,780

$

13.92

Granted

 

352,114

$

10.36

Released

 

(180,696)

$

13.10

Forfeited, cancelled, or expired

 

(27,931)

$

14.01

Unvested shares at September 28, 2022

 

639,267

$

12.19