Stock-based Compensation (Tables)

9 Months Ended

Sep. 28, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Share-Based Payment Arrangement, Option, Activity

The following table summarizes activity related to time-based options:

(in thousands, except per share and remaining term amounts)	Number of options	Weighted average exercise price per share		Weighted average remaining contractual term (in years)	Aggregate intrinsic value
Outstanding at December 30, 2023	7,530	$	5.99	6.93	$	85,774
Granted	520	19.18
Exercised	(1,305)	2.29
Forfeited or expired	(426)	14.66
Outstanding at September 28, 2024	6,319	7.25		6.23	32,306
Exercisable at September 28, 2024	3,646	4.42		5.22	25,157

Schedule of Share-Based Payment Arrangement, Performance Shares, Activity

The following table summarizes activity related to performance-based options:

(in thousands, except per share and remaining term amounts)	Number of Options	Weighted average exercise price per share		Weighted average remaining contractual term (in years)	Aggregate intrinsic value
Outstanding at December 30, 2023	7,948	$	2.05	5.78	$	121,750
Exercised	(283)	1.74
Forfeited or expired	(323)	1.62
Outstanding at September 28, 2024	7,342	2.09		5.30	63,110
Exercisable at September 28, 2024	3,599	2.10		5.29	30,912

Schedule of Share-Based Payment Arrangement, Restricted Stock Unit, Activity

The following table summarizes activity related to RSUs:

(in thousands, except per share amounts)	Number of units	Weighted average grant-date fair value per share
Unvested at December 30, 2023	547	$	22.81
Granted	557	18.70
Vested	(186)	22.67
Forfeited	(73)	21.73
Unvested at September 28, 2024	845	20.23