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Equity Agreements and Incentive Equity Plans (Tables)
 6 Months Ended
Jul. 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— — — — 
Vested203 18.00 — — 
Forfeited8 18.00 — — 
Outstanding at July 1, 2022422 $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— — — — — — 
Forfeited77 7.25 — — — — 
Outstanding at July 1, 20224,316 $6.48 $— 1,155 $5.66 $— 
Options exercisable at July 1, 20222,726 $6.11 $— — $— $— 

(a) The intrinsic value represents the amount by which the fair value of the Company’s stock exceeds the option exercise price as of July 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 
Granted930 19.13
Vested70 18.11 
Forfeited47 19.40
Outstanding at July 1, 20221,203 $18.88 
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— — 
Forfeited2 20.46 
Outstanding at July 1, 2022366 $20.46 
Summary of Stock Compensation Expense Compensation expense for the three months and six months ended July 1, 2022 and unrecognized stock compensation expense and weighted average remaining expense period as of July 1, 2022 consisted of:
Compensation ExpenseAs of July 1, 2022
Three months ended July 1, 2022Six months ended July 1, 2022Unrecognized Compensation ExpenseWeighted-Average Remaining Contractual Term (Years)
2021 Plan
Restricted stock awards1,163 $2,308 $6,425 1.59
Time-based options1,676 3,405 10,702 2.21
Market-based options645 1,290 4,135 1.59
Restricted stock units1,970 3,406 18,885 3.05
Performance stock units1,134 1,699 5,796 1.64
Other equity-based compensation100 179 1,029 2.55
Total$6,688 $12,287 $46,972 2.13