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Share-Based Compensation, Common Stock Issuances and Common Stock (Tables)
12 Months Ended
Dec. 30, 2023
Share-Based Payment Arrangement [Abstract]  
Weighted-Average Assumptions for Options Granted
The weighted-average assumptions for Options granted in fiscal year 2021 are included in the following table. No options were granted in fiscal year 2022 and 2023.
2021
Expected volatility53.0 %
Expected dividends— 
Risk-free interest rate1.1 %
Expected term (in years)6.1
Summary of Options Outstanding
The summary of Options outstanding and changes during fiscal year 2023 are presented below:
Time
Options
Performance
Options
Total
Options
Weighted-
Average Fair Value
Weighted-
Average Exercise Price
Weighted-
Average Remaining Contractual Years
Outstanding as of December 31, 20223,650,606 186,321 3,836,927 $9.05 $24.32 
Granted
— — — $— $— 
Exercised
(1,168,490)(77,769)(1,246,259)$7.82 $22.14 
Forfeited
(49,335)(2,547)(51,882)$15.50 $31.62 
Outstanding as of December 30, 20232,432,781 106,005 2,538,786 $9.52 $25.24 5.2
Vested and exercisable as of December 30, 20232,238,231 106,005 2,344,236 $8.77 $24.28 5.1
Summary of Nonvested Restricted Shares Units
A summary of RSUs outstanding and changes during fiscal year 2023 is presented below.
Time-Based
RSUs
Performance
RSUs
Market Performance RSUsTotal
RSUs
Weighted-
Average
Fair
Value
Unvested as of December 31, 20222,172,937 391,776 209,327 2,774,040 $31.62 
Granted
1,441,470 604,074 168,162 2,213,706 $35.71 
Vested
(1,088,926)— — (1,088,926)$24.78 
Forfeited
(337,853)(143,475)(57,089)(538,417)$36.07 
Unvested as of December 30, 20232,187,628 852,375 320,400 3,360,403 $35.82