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STOCK BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Summary of PBRSs, RSUs, RSAs, and DSUs
Stock-based activity, excluding options, for the year ended December 31, 2022 is summarized below (in thousands, except per share data):
Performance-Based Restricted Stock Awards
Restricted Stock Units, Restricted Stock Awards, and Deferred Stock Units (1)
Number of PBRSs
Weighted Average Grant Date Fair Value
Number of RSUs, RSAs, and DSUs
Weighted Average Grant Date Fair Value
Nonvested, January 1, 2022210 $48.64 433 $55.54 
Granted113 64.48 723 50.51 
Vested/released— — (222)52.14 
Forfeited/expired(90)55.60 (122)60.25 
Nonvested, December 31, 2022233 $53.63 812 $51.28 
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(1)Excludes approximately 9,200 RSUs granted in 2022 that have a contingent vesting requirement.
The following table summarizes additional information about PBRSs, RSUs, RSAs, and DSUs (in thousands, except per share data):
Fiscal Year Ended
December 31,
2022
January 1,
2022
January 2,
2021
Weighted average grant date fair value per share of awards granted(1)
$52.42 $79.06 $33.58 
Total grant date fair value of awards vested(2)
$11,602 $7,145 $3,215 
Intrinsic value of awards vested(2)
$12,434 $19,346 $5,271 
_________________________________________
(1)Excludes approximately 9,200 RSUs granted in 2022 that have a contingent vesting requirement.
(2)Excludes approximately 4,200, 14,000, and 10,500 DSUs that vested but were not released in 2022, 2021, and 2020, respectively.
Summary of Stock Options
A summary of the stock options is as follows for the periods indicated (in thousands, except per share data):
Number of
Options
Weighted
Average Exercise
Price
Weighted
Average
Remaining
Contractual
Term (Years)
Aggregate
Intrinsic
Value
Balance, December 28, 20191,618 $16.44 8.12
Exercised(247)12.23 
Forfeited/cancelled(117)21.56 
Balance, January 2, 20211,254 $16.79 7.22
Exercised(408)10.03 
Balance, January 1, 2022846 $20.05 6.93
Exercised(191)20.04 
Forfeited/cancelled(13)18.00 
Balance, December 31, 2022642 $20.10 5.93$13,597 
Exercisable, December 31, 2022642 $20.10 5.93$13,597 
Summary of Non-Vested Stock Options
The following is a summary of our non-vested stock options for the periods indicated (in thousands, except per share data):
 
Shares Under
Outstanding
Options
Weighted
Average Grant
Date Fair Value
Non-vested options at January 1, 2022237 $7.48 
Granted— — 
Forfeited(13)7.22 
Vested(224)7.47
Non-vested options at December 31, 2022— $—