Equity Agreements and Incentive Equity Plans (Tables)

3 Months Ended

Mar. 31, 2023

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 Units			B-2 Incentive Units
	Number of Units	Weighted- Average Grant-Date Fair Value		Number of Units	Weighted- Average Grant-Date Fair Value
Outstanding at December 30, 2022	223	$	18.00	792	$	18.00
Granted	—	—		—	—
Vested	46	18.00		—	—
Forfeited	5	18.00		—	—
Outstanding at March 31, 2023	172	$	18.00	792	$	18.00

Summary of Option Activity

The summary of the Company’s option activity is as follows:

	Time-based Options					Market-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 30, 2022	4,233	$	6.47	$	—	1,125	$	5.66	$	—
Granted	—	$	—	—		—	$	—	—
Exercised	—	$	—	—		—	$	—	—
Forfeited	132	$	6.29	—		—	$	—	—
Outstanding at March 31, 2023	4,101	$	6.47	$	—	1,125	$	5.66	$	—
Options exercisable at March 31, 2023	3,199	$	6.24	$	—	—	$	—	$	—

(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 March 31, 2023.

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 30, 2022	1,360	$	17.05
Granted	1,809	11.31
Vested	301	17.33
Forfeited	19	18.52
Outstanding at March 31, 2023	2,849	$	13.37

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 30, 2022	254	$	17.96
Granted	322	11.31
Vested	132	15.65
Forfeited	—	—
Outstanding at March 31, 2023	444	$	13.82

Summary of Stock Compensation Expense

Compensation expense for the three months

ended March 31, 2023 and April 1, 2022, and unrecognized stock compensation expense and weighted average remaining expense period as of March 31, 2023 consisted of:

	Compensation Expense				As of March 31, 2023
	Three Months Ended March 31, 2023		Three Months Ended April 1, 2022		Unrecognized Compensation Expense		Weighted-Average Remaining Contractual Term (Years)
2021 Plan
Restricted stock awards	$	633	$	1,145	$	3,598	0.98
Time-based options	1,022		1,729		6,294		1.80
Market-based options	629		645		2,142		0.85
Restricted stock units	3,543		1,436		35,193		3.24
Performance stock units	1,650		565		4,469		1.01
Other equity-based compensation	100		79		728		1.81
Total	$	7,577	$	5,599	$	52,424	2.00