Subsequent Events	3 Months Ended
Mar. 30, 2025
Subsequent Events
Subsequent Events	14.Subsequent Events Amendment to the Company's Non-Employee Director Compensation Program On April 28, 2025 the Compensation Committee of the Board of Directors of the Company (the “Compensation Committee”) approved an amendment to the Company's Non-Employee Director Compensation Program to (i) eliminate the additional annual RSU award for the Non-Employee Board Chair and increase the applicable cash retainer to $75,000 for the Non-Employee Board Chair, (ii) provide that each award of RSUs may be limited by a share price floor established from time to time by the Compensation Committee, (iii) permit the Compensation Committee to annually determine whether to allow Non-Employee directors to elect to convert all or a portion of their annual retainers into awards of RSUs, (iv) allow for Non-Employee Directors to waive their right to receive compensation under the Non-Employee Director Compensation Program entirely or for a specific period, and (v) permit for cash to be paid in lieu of any RSU grant or portion of any RSU grant under the Non-Employee Director Compensation Program and provide for flexibility relating to the timing of any cash payment or award of RSUs as the Compensation Committee may deem appropriate. The full text of the Fourth Amendment to the Company's Non-Employee Director Compensation Program is filed as Exhibit 10.2 to this Quarterly Report on Form 10-Q and incorporated hereto by reference. Easton, Pennsylvania Fourth Lease Amendment On May 7, 2025, the Company entered into an extension of the lease for its distribution center in Easton, Pennsylvania. The lease has been extended for an additional three-year term, beginning February 1, 2026, and two five-year renewal options. One-Time Cash Payment to Directors in Lieu of 2025 Annual RSU Awards After evaluating the potential dilutive impact of the non-employee director RSU awards pursuant to the Company’s Amended Non-Employee Director Compensation Program, on May 1, 2025, the Board approved a one-time, cash payment of $50,000 to each eligible non-employee director in lieu of his or her $100,000 fiscal year 2025 annual RSU award. This cash payment will be payable on the date of the 2026 annual meeting of stockholders, subject to each non-employee director’s continued service on the Board of Directors through such payment date. Reduction in Amounts Outstanding under 2021 Credit Agreement, as Amended Subsequent to March 30, 2025, the Company repaid $2.8 million of the revolving line of credit balance, reduced its outstanding letters of credit by $0.3 million and reduced the Company’s Revolving Commitment to $7.5 million. As of the filing date of this Quarterly Report on Form 10-Q, the Company had $7.3 million outstanding on the revolving line of credit and $0.2 million in outstanding letters of credit. The Fourth Credit Amendment also provides for a further reduction of the Company’s Revolving Commitment to $6.0 million on May 31, 2025. Trade Policy and Tariff Uncertainties Subsequent to March 30, 2025, the United States government imposed significant tariffs on imports from various countries, including Canada, Mexico and China. On April 4, 2025, a global reciprocal tariff program was announced, establishing a minimum 10% tariff on most imported goods. These country-specific tariffs significantly increased, reaching 145% on Chinese imports and 125% on certain U.S. goods imported into China. However, a major development occurred on May 12, 2025, resulting in a 90-day agreement between the U.S. and China to substantially reduce these tariffs. With this agreement, U.S. tariffs on Chinese imports fell from 145% to approximately 30% (including pre-existing tariffs), while Chinese tariffs on some U.S. imports decreased from 125% to 10%. This 90-day period will allow for further negotiations. The potential impact on the Company’s results and financial condition remains uncertain. The Company’s management continues to monitor the impacts of the tariffs on its operations.

Subsequent Events

3 Months Ended

Mar. 30, 2025

14.Subsequent Events

Amendment to the Company's Non-Employee Director Compensation Program

On April 28, 2025 the Compensation Committee of the Board of Directors of the Company (the “Compensation Committee”) approved an amendment to the Company's Non-Employee Director Compensation Program to (i) eliminate the additional annual RSU award for the Non-Employee Board Chair and increase the applicable cash retainer to $75,000 for the Non-Employee Board Chair, (ii) provide that each award of RSUs may be limited by a share price floor established from time to time by the Compensation Committee, (iii) permit the Compensation Committee to annually determine whether to allow Non-Employee directors to elect to convert all or a portion of their annual retainers into awards of RSUs, (iv) allow for Non-Employee Directors to waive their right to receive compensation under the Non-Employee Director Compensation Program entirely or for a specific period, and (v) permit for cash to be paid in lieu of any RSU grant or portion of any RSU grant under the Non-Employee Director Compensation Program and provide for flexibility relating to the timing of any cash payment or award of RSUs as the Compensation Committee may deem appropriate.

The full text of the Fourth Amendment to the Company's Non-Employee Director Compensation Program is filed as Exhibit 10.2 to this Quarterly Report on Form 10-Q and incorporated hereto by reference.

Easton, Pennsylvania Fourth Lease Amendment

On May 7, 2025, the Company entered into an extension of the lease for its distribution center in Easton, Pennsylvania. The lease has been extended for an additional three-year term, beginning February 1, 2026, and two five-year renewal options.

One-Time Cash Payment to Directors in Lieu of 2025 Annual RSU Awards

After evaluating the potential dilutive impact of the non-employee director RSU awards pursuant to the Company’s Amended Non-Employee Director Compensation Program, on May 1, 2025, the Board approved a one-time, cash payment of $50,000 to each eligible non-employee director in lieu of his or her $100,000 fiscal year 2025 annual RSU award. This cash payment will be payable on the date of the 2026 annual meeting of stockholders, subject to each non-employee director’s continued service on the Board of Directors through such payment date.

Reduction in Amounts Outstanding under 2021 Credit Agreement, as Amended

Subsequent to March 30, 2025, the Company repaid $2.8 million of the revolving line of credit balance, reduced its outstanding letters of credit by $0.3 million and reduced the Company’s Revolving Commitment to $7.5 million. As of the filing date of this Quarterly Report on Form 10-Q, the Company had $7.3 million outstanding on the revolving line of credit and $0.2 million in outstanding letters of credit. The Fourth Credit Amendment also provides for a further reduction of the Company’s Revolving Commitment to $6.0 million on May 31, 2025.

Trade Policy and Tariff Uncertainties

Subsequent to March 30, 2025, the United States government imposed significant tariffs on imports from various countries, including Canada, Mexico and China. On April 4, 2025, a global reciprocal tariff program was announced, establishing a minimum 10% tariff on most imported goods. These country-specific tariffs significantly increased, reaching 145% on Chinese imports and 125% on certain U.S. goods imported into China. However, a major development occurred on May 12, 2025, resulting in a 90-day agreement between the U.S. and China to substantially reduce these tariffs. With this agreement, U.S. tariffs on Chinese imports fell from 145% to approximately 30% (including pre-existing tariffs), while Chinese tariffs on some U.S. imports decreased from 125% to 10%. This 90-day period will allow for further negotiations. The potential impact on the Company’s results and financial condition remains uncertain. The Company’s management continues to monitor the impacts of the tariffs on its operations.