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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 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 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

Grants

 

372,958

 

10.54

Exercised

 

(185,798)

9.22

Forfeited, cancelled or expired

 

(97,059)

$

12.06

Outstanding - December 28, 2022

 

1,068,179

$

9.92

5.68

$

1,368

Vested and expected to vest at December 28, 2022

 

1,060,880

$

9.92

5.66

$

1,362

Exercisable at December 28, 2022

 

625,436

$

9.50

3.37

$

1,033

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

    

December 28, 2022

    

December 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

Changes in restricted shares for the years ended December 28, 2022 and December 29, 2021, are as follows:

    

    

Weighted-Average

Shares

Fair Value

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

Granted

 

356,610

$

10.37

Released

 

(201,043)

$

13.32

Forfeited, cancelled, or expired

 

(105,867)

$

12.91

Unvested shares at December 28, 2022

 

545,480

$

12.02