XML 48 R34.htm IDEA: XBRL DOCUMENT v3.25.4
Stock Incentive Plans (Tables)
 12 Months Ended
Jan. 03, 2026
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Stock Compensation Expense
The following table summarizes stock compensation expense under the Company’s plans, which is included in SG&A in the accompanying Consolidated Statements of Operations:
In thousandsFiscal Year 2025Fiscal Year 2024Fiscal Year 2023
Stock options$— $123 $740 
RSUs and PSUs23,565 16,457 18,312 
Associate stock purchase plan121 128 151 
Pre-tax stock-based compensation expense$23,686 $16,708 $19,203 
Income tax benefit(5,972)(4,212)(4,841)
After-tax stock-based compensation expense$17,714 $12,496 $14,362 
RSUs and PSUs
Unrecognized compensation cost (in thousands)
$26,534 
Expected remaining weighted-average period of expense recognition (in years)1.84
Schedule of RSU, PSU, and RSA Activity
The following tables summarize RSU and PSU awards activity:
 RSUs
(In thousands)		Weighted average grant date fair value ($)PSUs
(In thousands)		Weighted average grant date fair value ($)
Outstanding at December 28, 20241,353 $20.97 861 $24.61 
Granted1,429 $14.19 483 $14.07 
Vested(670)$22.25 — $— 
Forfeited(211)$17.45 (325)$27.22 
Outstanding at January 3, 20261,901 $15.81 1,019 $18.78 
Fiscal Year 2025Fiscal Year 2024Fiscal Year 2023
RSUs
Weighted average grant date fair value of RSUs granted$14.19 $18.03 $22.65 
Total fair value of RSUs vested (In thousands)$14,914 $12,755 $12,084 
PSUs
Weighted average grant date fair value of PSUs granted$14.07 $22.19 $22.35 
Total fair value of PSUs vested (In thousands)$— $4,070 $3,852 
Service-based options  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Stock Option Activity
The following tables summarize service-based stock option activity. No service-based options were granted in fiscal years 2025, 2024, and 2023.

Number of Options Outstanding (In thousands)Weighted Average Exercise Price ($)Weighted Average Remaining Contractual Life (Years)Aggregate Intrinsic Value (In thousands) ($)
Outstanding options at December 28, 2024549 $29.98 4.13$— 
Exercised(105)$21.19 
Forfeited(39)$37.29 
Outstanding options at January 3, 2026405 $31.54 3.36$1,057 
Vested and exercisable at January 3, 2026405 $31.54 3.36$1,057 
In thousands except per share valuesFiscal Year 2025Fiscal Year 2024Fiscal Year 2023
Fair value of options vested$— $635 $1,251 
Aggregate intrinsic value of options exercised$581 $76 $147 
Performance-based options  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Stock Option Activity
The following table summarizes performance-based stock option activity:
Number of Options Outstanding (In thousands)Weighted Average Exercise Price ($)Weighted Average Remaining Contractual Life (Years)Aggregate Intrinsic Value (In thousands) ($)
Outstanding options at December 28, 202449 $15.74 2.57$— 
Outstanding options at January 3, 202649 $15.74 1.55$502 
Vested and exercisable at January 3, 202649 $15.74 1.55$502