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Equity-based Compensation (Tables)
9 Months Ended
Sep. 30, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Valuation Assumptions
The range of assumptions used for issued PSUs with a market condition valued using the Monte Carlo model were as follows:
Nine months ended
September 30, 2023September 24, 2022
Annual dividend yield—%—%
Expected term (years)
2.6 - 2.8
2.4 - 2.8
Risk-free interest rate
3.65% - 4.51%
2.32% - 3.05%
Expected volatility
37.9% - 38.8%
40.9% - 43.9%
Correlation to the index peer group
60.2% - 60.3%
50.7% - 59.5%