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STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jul. 01, 2026
STOCK-BASED COMPENSATION  
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 31, 2025

 

1,233,984

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$

10.46

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Grants

 

378,603

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13.32

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Exercised

 

(244,819)

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10.74

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Forfeited, cancelled or expired

 

(78,639)

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11.31

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Outstanding – July 1, 2026

 

1,289,129

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$

11.20

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8.36

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$

7,429

Vested and expected to vest at July 1, 2026

 

1,277,043

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$

10.46

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8.35

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$

7,367

Exercisable at July 1, 2026

 

452,000

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$

10.46

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7.35

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$

2,939

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

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July 1, 2026

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June 25, 2025

 

Expected volatility

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41.4

%  

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42.8

%

Risk-free interest rate

 

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3.9

%  

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4.1

%

Expected term (years)

 

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6.00

 

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6.00

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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 31, 2025

 

617,037

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$

10.22

Granted

 

320,644

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$

13.32

Released

 

(246,576)

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$

10.25

Forfeited and cancelled

 

(43,180)

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$

11.28

Unvested shares at July 1, 2026

 

647,925

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$

11.67

Schedule of performance-based shares

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Weighted-Average

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Shares

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Fair Value

Unvested shares at December 31, 2025

 

137,805

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$

10.34

Granted

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132,007

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$

13.32

Released

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—

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$

—

Forfeited and cancelled

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(34,002)

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$

11.27

Unvested shares at July 1, 2026

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235,810

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$

11.87

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