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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 28, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of stock-based compensation expense

Fiscal Quarter Ended

Two Fiscal Quarters Ended

    

June 28, 2025

    

June 29, 2024

June 28, 2025

    

June 29, 2024

Selling, general, and administrative

$

1,381

$

2,100

$

3,352

$

3,343

Share-Based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]

The following table represents the Company’s restricted stock units activity during the two fiscal quarters ended June 28, 2025:

    

    

Weighted-

Average Grant-

Shares

Date Fair Value

Outstanding at January 1, 2025

 

4,200,759

$

3.12

Granted

 

900,836

 

7.12

Vested

 

(1,123,711)

 

3.12

Forfeited

 

(394,117)

 

3.73

Outstanding at June 28, 2025

 

3,583,767

$

4.06

Share-Based Payment Arrangement, Option, Activity [Table Text Block]

The following table represents the Company’s stock options activity during the two fiscal quarters ended June 28, 2025:

    

Weighted-

    

Weighted-

    

Average 

Average 

Exercise Price

Remaining 

Aggregate 

    

Shares

    

 per Share

    

Contract Term

    

Intrinsic Value

 

 

(in years)

(in thousands)

Outstanding at January 1, 2025

 

1,383,738

$

15.20

 

Granted

 

 

  

 

  

Exercised

 

 

 

  

 

  

Forfeited

 

(34,719)

15.38

 

  

 

  

Expired

Outstanding at June 28, 2025

 

1,349,019

$

15.20

 

5.57

$

104

Vested and expected to vest at June 28, 2025

 

1,349,019

$

15.20

 

5.57

$

104

Options exercisable at June 28, 2025

 

1,097,147

$

16.05

 

5.28

$

52

Schedule of stock appreciation rights activity

    

Weighted-

    

Weighted-

    

Average 

Average 

Exercise Price

Remaining 

Aggregate 

    

Shares

    

 per Share

    

Contract Term

    

Intrinsic Value

 

 

(in years)

(in thousands)

Outstanding at January 1, 2025

 

660,556

$

3.15

 

Granted

 

 

  

 

  

Exercised

 

 

 

  

 

  

Forfeited

 

(73,027)

 

3.24

 

  

 

  

Outstanding at June 28, 2025

 

587,529

$

3.14

 

6.93

$

2,023

Vested and expected to vest at June 28, 2025

 

587,529

$

3.14

 

6.93

$

2,023

Stock appreciation rights exercisable at June 28, 2025

 

292,602

$

3.19

 

5.94

$

992

Schedule of PSU activity

The following table represents the Company’s PSU activity during the two fiscal quarters ended June 28, 2025:

    

 

Weighted-

 

Average 

 

Grant Date

    

Shares

    

 

Fair Value

 

 

Outstanding at January 1, 2025

 

807,771

$

2.91

Granted

 

325,613

7.33

Adjustment for performance achievement (1)

 

Forfeited

 

(182,521)

3.67

Outstanding at June 28, 2025 (2)

 

950,863

$

4.28

(1)Represents the adjustment to previously granted PSUs based on the Company’s performance expectations as of the end of each respective fiscal year.

(2)An additional 292,870 PSUs could potentially be included if the maximum performance level of 200% is earned for all PSUs granted on or after January 1, 2025 and outstanding as of June 28, 2025.