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STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Sep. 27, 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

 

482,701

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9.27

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Exercised

 

(219,960)

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5.32

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Forfeited, cancelled or expired

 

(160,961)

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$

11.47

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Outstanding – September 27, 2023

 

1,169,959

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$

10.30

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7.17

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$

—

Vested and expected to vest at September 27, 2023

 

1,156,593

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$

10.31

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7.14

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$

—

Exercisable at September 27, 2023

 

480,160

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$

11.31

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4.26

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$

—

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

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September 27, 2023

    

September 28, 2022

 

Expected volatility

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43.7

%  

43.0

%

Risk-free interest rate

 

3.6

%  

2.9

%

Expected term (years)

 

6.25

 

6.25

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Expected dividends

 

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—

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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

 

391,432

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$

9.18

Released

 

(181,490)

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$

12.20

Forfeited, cancelled, or expired

 

(108,004)

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$

11.93

Unvested shares at September 27, 2023

 

647,418

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$

10.27