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Equity-based compensation (Tables)
3 Months Ended
Apr. 02, 2022
Compensation And Employee Benefit Plans [Abstract]  
Schedule of Nonvested Restricted Stock Units Activity A summary of the RSU award activity for the three months ended April 2, 2022 is as follows (number of units in thousands):
Number of unitsWeighted-average grant-date fair value per unit
Unvested at December 31, 20211,024 $14.41 
Granted903 12.66 
Vested(734)14.74 
Forfeited or canceled(33)13.50 
Unvested at April 2, 20221,160 12.86 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions A summary of the Company’s assumptions used in determining the fair value of the stock options granted during the three months ended April 2, 2022 is shown in the following table.
Risk-free interest rate
1.8% - 2.1%
Expected dividend yield— %
Expected stock price volatility
33.2% - 33.4%
Expected life of stock options (years)
6.25
Schedule of Stock Options Roll Forward
A summary of stock option activity is as follows for the three months ended April 2, 2022 (number of options in thousands):
Number of optionsWeighted-average exercise priceWeighted average remaining contractual termAggregate intrinsic value
Outstanding at December 31, 20218,364 $11.16 
Granted2,099 12.66 
Exercised(227)8.73 
Forfeited or canceled(295)13.09 
Outstanding at April 2, 20229,941 11.48 8.21$22,184 
Exercisable and vested at April 2, 20224,498 $9.58 6.86$18,262