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PROFITS INTEREST UNITS (Tables)
6 Months Ended
Jul. 03, 2021
PROFITS INTEREST UNITS  
Summary of the activity for all PIUs

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Weighted 

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Average Grant-

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Number of  PIUs

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Date  Fair Value

Balance at January 1, 2020

 

21,734,170

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$

0.60

Granted

 

7,843,107

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0.35

Forfeited

 

(2,152,315)

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0.43

Balance at December 31, 2020

 

27,424,962

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Granted

 

—

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Forfeited

 

(1,266,068)

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0.34

Balance at April 21, 2021

 

26,158,894

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Converted at IPO in connection with the Reorganization

 

(26,158,894)

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$

0.43

Balance at July 3, 2021

 

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