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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

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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 28, 2022

 

1,068,179

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$

9.92

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Grants

 

425,230

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9.08

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Exercised

 

(184,294)

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4.47

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Forfeited, cancelled or expired

 

(82,428)

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$

11.25

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Outstanding - June 28, 2023

 

1,226,687

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$

10.36

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7.02

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$

89

Vested and expected to vest at June 28, 2023

 

1,212,549

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$

10.37

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7.00

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$

87

Exercisable at June 28, 2023

 

566,533

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$

11.33

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4.29

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$

11

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

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June 28, 2023

    

June 29, 2022

 

Expected volatility

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43.7

%  

43.0

%

Risk-free interest rate

 

3.5

%  

2.9

%

Expected term (years)

 

6.25

 

6.25

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Expected dividends

 

—

 

—

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Schedule of Changes in Restricted Shares

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Weighted-Average

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Shares

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Fair Value

Unvested shares at December 28, 2022

 

545,480

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$

12.02

Granted

 

363,210

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$

9.07

Released

 

(167,188)

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$

12.40

Forfeited, cancelled, or expired

 

(68,692)

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$

12.69

Unvested shares at June 28, 2023

 

672,810

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$

10.27