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STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 28, 2023
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of changes in Stock Options

Weighted-Average

 

Aggregate

    

    

Weighted-Average

 

 Contractual Life

 

Intrinsic Value

Shares

Exercise Price

 

Life (Years)

 

(in thousands)

Outstanding - December 28, 2022

 

1,068,179

$

9.92

Grants

 

425,230

 

9.08

Exercised

 

(184,294)

4.47

Forfeited, cancelled or expired

 

(82,428)

$

11.25

Outstanding - June 28, 2023

 

1,226,687

$

10.36

7.02

$

89

Vested and expected to vest at June 28, 2023

 

1,212,549

$

10.37

7.00

$

87

Exercisable at June 28, 2023

 

566,533

$

11.33

4.29

$

11

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

    

June 28, 2023

    

June 29, 2022

 

Expected volatility

43.7

%  

43.0

%

Risk-free interest rate

 

3.5

%  

2.9

%

Expected term (years)

 

6.25

 

6.25

Expected dividends

 

 

Schedule of Changes in Restricted Shares

    

    

Weighted-Average

Shares

Fair Value

Unvested shares at December 28, 2022

 

545,480

$

12.02

Granted

 

363,210

$

9.07

Released

 

(167,188)

$

12.40

Forfeited, cancelled, or expired

 

(68,692)

$

12.69

Unvested shares at June 28, 2023

 

672,810

$

10.27