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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

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

 

482,701

 

9.27

Exercised

 

(219,960)

5.32

Forfeited, cancelled or expired

 

(160,961)

$

11.47

Outstanding – September 27, 2023

 

1,169,959

$

10.30

7.17

$

Vested and expected to vest at September 27, 2023

 

1,156,593

$

10.31

7.14

$

Exercisable at September 27, 2023

 

480,160

$

11.31

4.26

$

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

    

September 27, 2023

    

September 28, 2022

 

Expected volatility

43.7

%  

43.0

%

Risk-free interest rate

 

3.6

%  

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

 

391,432

$

9.18

Released

 

(181,490)

$

12.20

Forfeited, cancelled, or expired

 

(108,004)

$

11.93

Unvested shares at September 27, 2023

 

647,418

$

10.27