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Equity Agreements and Incentive Equity Plans (Tables)
 12 Months Ended
Dec. 29, 2023
Share-Based Payment Arrangement [Abstract]  
Summary of Restricted Stock Awards
The summary of the Company’s restricted stock awards activity as of December 29, 2023 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— — — — 
Vested106 18.00 — — 
Forfeited14 18.00 130 18.00 
Outstanding at December 29, 2023
103 $18.00 662 $18.00 
Fair Value of Leverage Replacement Options
Fair value at
December 29, 2023
Valuation Technique
Unobservable
Input
Volatility
Contingent Value Rights $1,400Monte CarloVolatility
50 and 55%
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
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 29, 2023 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— — — — — — 
Forfeited478 6.20 — 190 5.66 — 
Outstanding at December 29, 2023
3,755 $6.50 — 935 $5.66 — 
Options exercisable at December 29, 2023
3,201 $6.36 $— — $— $— 

(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 29, 2023 and December 30, 2022, respectively.
Summary of RSU Activity
The summary of the Company’s RSU activity as of December 29, 2023 is as follows:
Restricted Stock Units
Number of
Units
Weighted-Average
Grant-Date
Fair Value
Outstanding at December 30, 20221,360 $17.05 
Granted2,047 11.04 
Vested678 16.44 
Forfeited238 13.35 
Outstanding at December 29, 20232,491 $12.63 
Summary of PSU Activity
The summary of the Company’s PSU activity as of December 29, 2023 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 
Performance Adjustment (a)
69 11.31 
Outstanding at December 29, 2023338$14.35 
(a)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 29, 2023, December 30, 2022, and December 31, 2021, and unrecognized stock compensation expense and weighted average remaining expense period as of December 29, 2023 consisted of:

December 29, 2023
December 29, 2023December 30, 2022December 31, 2021Unrecognized compensation expenseWeighted-Average Remaining Contractual Term (Years)
2017 Plan
Incentive units$— $— $2,605 $— — 
2021 Plan
Restricted stock awards2,113 4,187 1,975 1,804 0.22
Time-based options3,635 6,375 14,152 3,314 1.14
Market-based options1,481 2,487 1,113 212 0.10
Restricted stock units11,220 7,316 1,677 26,384 2.77
Performance stock units3,891 2,108 — 927 0.32
Other equity-based compensation401 380 — 427 1.06
Total$22,741 $22,853 $21,522 $33,068 1.39