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Employee Awards (Tables)
12 Months Ended
Dec. 28, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Cash Awards Activity
Activity related to the cash awards was as follows:
Number of Cash
Awards
(in thousands)
Non-vested at January 1, 202193,325
Granted45,501
Vested(45,870)
Forfeited(16,234)
Non-vested at December 31, 202276,722
Granted44,885
Vested(46,690)
Forfeited(7,319)
Non-vested at December 30, 202367,598
Granted35,186
Vested(22,909)
Forfeited(7,229)
Non-vested at December 28, 202472,646
Activity related to the time vesting restricted stock units granted under the 2024 Plan was as follows:
Number of
Awards
(in thousands)
Weighted-Average Grant Date Fair Value
Non-vested at December 30, 2023— $— 
Granted2,608 22.01 
Vested(1,474)22.00 
Non-vested at December 28, 20241,134 $22.01 
Activity related to the performance vesting restricted stock units granted under the 2024 Plan was as follows:
Number of
Awards
(in thousands)
Weighted-Average Grant Date Fair Value
Non-vested at December 30, 2023— $— 
Granted2,468 17.42 
Non-vested at December 28, 20242,468 $17.42 
Schedule of Cash Awards Expenses
Fiscal YearFiscal YearFiscal Year
202420232022
Compensation expense - cash awards$24,626 $31,040 $35,418 
Related income tax benefit$6,156 $7,760 $8,854 
Fiscal Year
2024
Compensation expense$34,067 
Related income tax benefit$3,731 
Schedule of Participation Plan Activity
Activity related to the awards granted in the Participation Plan was as follows:
 Number of Units
(in thousands)
Non-vested at January 1, 2021216,875
Granted11,039
Forfeited(36,200)
Non-vested at December 31, 2022191,714
Granted4,306
Forfeited(1,420)
Non-vested at December 30, 2023194,600
Granted14,580
Forfeited(209,180)
Non-vested at December 28, 2024