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Equity Agreements and Incentive Equity Plans (Tables)
 9 Months Ended
Sep. 29, 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 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 30, 2022223 $18.00 792 $18.00 
Granted— — — — 
Vested101 18.00 — — 
Forfeited13 18.00 130 18.00 
Outstanding at September 29, 2023109 $18.00 662 $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 30, 20224,233 $6.47 $— 1,125 $5.66 $— 
Granted— — — — — — 
Exercised— — — — — — 
Forfeited466 6.18 — 190 5.66 — 
Outstanding at September 29, 20233,767 $6.50 $— 935 $5.66 $— 
Options exercisable at September 29, 20233,171 $6.34 $— — $— $— 

(a) The intrinsic value represents the amount by which the fair value of the Company’s stock exceeds the option exercise price as of September 29, 2023 and December 30, 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 30, 20221,360 $17.05 
Granted1,911 11.20
Vested568 16.67 
Forfeited201 13.34
Outstanding at September 29, 20232,502 $12.96 
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, 2022254 $17.96 
Granted322 11.31 
Vested132 15.65 
Forfeited37 13.70 
Outstanding at September 29, 2023407 $13.83 
Summary of Stock Compensation Expense Compensation expense for the three months and
nine months ended September 29, 2023 and September 30, 2022, and unrecognized stock compensation expense and weighted average remaining expense period as of September 29, 2023 consisted of:

Compensation ExpenseAs of September 29, 2023
Three Months Ended
September 29, 2023		Three Months Ended September 30, 2022Nine Months Ended
September 29, 2023		Nine Months Ended September 30, 2022Unrecognized Compensation ExpenseWeighted-Average Remaining Contractual Term (Years)
2021 Plan
Restricted stock awards$457 $1,082 $1,609 $3,390 $2,324 0.47
Time-based options788 1,672 2,758 5,077 4,215 1.42
Market-based options523 645 959 1,935 735 0.35
Restricted stock units2,001 1,726 8,634 5,132 28,229 3.02
Performance stock units197 165 2,717 1,864 1,547 0.55
Other equity-based compensation100 100 300 279 527 1.31
Total$4,066 $5,390 $16,977 $17,677 $37,577 1.65