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Equity Agreements and Incentive Equity Plans (Tables)
12 Months Ended
Dec. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Valuation Assumptions for Incentive Units Granted The fair value of Incentive Units granted during the year ended December 25, 2020 was estimated using an option pricing model with the following key assumptions:
2020
Expected holding period
4 years
Risk-free rate of return
0.20 - 0.30%
Expected dividend yield— %
Expected volatility
47 - 51%
Discount for lack of marketability
20 - 25%
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— — — — 
Vested389 18.00 — — 
Forfeited21 18.00 15 18.00 
Outstanding at December 30, 2022223 $18.00 792 $18.00 
Fair Value of Leverage Replacement Options
Fair value at
December 30, 2022
Valuation Technique
Unobservable
Input
Volatility
Contingent Value Rights $1,700Monte CarloVolatility60%
The fair values of the stock options were derived using the following key assumptions:
Time-based OptionsMarket-based Options
Expected term
3.1-7.0 years years
2.5 years
Risk-free rate of return
0.4 -1.0%
0.6 %
Expected dividend yield— %— %
Expected volatility45 %45 %
Summary of Incentive Unit Activity
The summary of the Company’s option activity as of December 30, 2022 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— $— — — $— — 
Forfeited160 $7.06 — 30 $5.66 — 
Outstanding at December 30, 20224,233 $6.47 $— 1,125 $5.66 $— 
Options exercisable at December 30, 20223,141 $6.19 $— — $— $— 

(a)The intrinsic value represents the amount by which the fair value of the Company’s stock exceeds the option exercise price as of December 30, 2022 and December 31, 2021, respectively.
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 
Granted1,286 16.99 
Vested221 18.12 
Forfeited95 18.47 
Outstanding at December 30, 20221,360 $17.05 
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— $— 
Granted439 19.01 
Vested— — 
Forfeited20.46 
Performance Adjustment (1)
176 20.46 
Outstanding at December 30, 2022254 $17.96 
(1)Performance adjustment represents adjustments in shares outstanding due to the actual achievement of performance based awards, the achievement of which was based upon predefined financial performance targets.
Summary of Stock Compensation Expense Compensation expense for the years ended December 30, 2022,
December 31, 2021 and December 25, 2020, and unrecognized stock compensation expense and weighted average remaining expense period as of December 30, 2022 consisted of:

December 30, 2022
December 30, 2022December 31, 2021December 25, 2020Unrecognized compensation expenseWeighted-Average Remaining Contractual Term (Years)
2017 Plan
Incentive units$— $2,605 $4,284 $— — 
2021 Plan
Restricted stock awards4,187 1,975 — 4,251 1.24
Time-based options6,375 14,152 — 7,346 1.96
Market-based options2,487 1,113 — 2,771 1.10
Restricted stock units7,316 1,677 — 18,188 2.88
Performance stock units2,108 — — 2,461 1.48
Other equity-based compensation380 — — 828 2.05
Total$22,853 $21,522 $4,284 $35,845 1.89