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Equity Agreements and Incentive Equity Plans (Tables)
 3 Months Ended
Apr. 01, 2022
Share-based Payment Arrangement [Abstract]  
Summary of Restricted Stock Awards
The summary of the Company’s restricted stock awards activity is as follows:

Restricted Stock Awards
B-1 Incentive UnitsB-2 Incentive Units
Number of
Units
Weighted-
Average
Grant-Date
Fair Value
Number of
Units
Weighted-
Average
Grant-Date
Fair Value
Outstanding at December 31, 2021633 $18.00 807 $18.00 
Granted— — — — 
Vested53 18.00 — — 
Forfeited7 18.00 — — 
Outstanding at April 1, 2022573 $18.00 807 $18.00 
Summary of Option Activity
The summary of the Company’s option activity is as follows:

Time-based OptionsMarket-based Options
Number of
Units
Weighted-
Average
Grant-Date
Fair Value
Aggregate Intrinsic Value (a)
Number of
Units
Weighted-
Average
Grant-Date
Fair Value
Aggregate Intrinsic Value (a)
Outstanding at December 31, 20214,393 $6.49 $13,532 1,155 $5.66 $3,558 
Granted— — — — — — 
Exercised— — — — — — 
Forfeited52 6.82 — — — — 
Outstanding at April 1, 20224,341 $6.48 $— 1,155 $5.66 $— 
Options exercisable at April 1, 20222,501 $6.09 $— — $— $— 

(a) The intrinsic value represents the amount by which the fair value of the Company’s stock exceeds the option exercise price as of April 1, 2022.
Summary of RSU Activity
The summary of the Company’s RSU activity is as follows:

Restricted Stock Units
Number of
Units
Weighted-Average
Grant-Date
Fair Value
Outstanding at December 31, 2021390 $18.22 
Granted803 20.42
Vested— — 
Forfeited13 19.95
Outstanding at April 1, 20221,180 $19.70 
Summary of PSU Activity
The summary of the Company’s PSU activity is as follows:

Performance Stock Units
Number of
Units
Weighted-Average
Grant-Date
Fair Value
Outstanding at December 31, 2021— $— 
Granted368 20.46 
Exercised— — 
Forfeited— — 
Outstanding at April 1, 2022368 $20.46 
Summary of Stock Compensation Expense Compensation expense for the three months ended April 1, 2022 and unrecognized stock compensation expense and weighted average remaining expense period as of April 1, 2022 consisted of:
Compensation ExpenseAs of April 1, 2022
Three months ended April 1, 2022Unrecognized Compensation ExpenseWeighted-Average Remaining Contractual Term (Years)
2021 Plan
Restricted stock awards$1,145 $7,581 1.75
Time-based options1,729 12,366 2.29
Market-based options645 4,780 1.84
Restricted stock units1,436 20,155 3.20
Performance stock units565 6,965 1.89
Other equity-based compensation79 1,129 2.80
Total$5,599 $52,976 2.27