v3.25.2
Incentive Stock Plans (Tables)
6 Months Ended
Jun. 28, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation Expense
Incentive stock plan compensation expense was as follows:
Three Months EndedSix Months Ended
June 28, 2025June 29, 2024June 28, 2025June 29, 2024
Incentive stock plan compensation expense(a)
$717 $2,320 $2,878 $4,411 
(a)Included equity award expense of $1 million and $2 million during the quarters ended June 28, 2025 and June 29, 2024, respectively, and $3 million during each of the six months ended June 28, 2025 and June 29, 2024.
Schedule of Activity for Incentive Stock Awards
The following table summarizes the 2025 activity of the Company’s incentive stock awards (not in thousands):
Restricted Stock UnitsPerformance-Based Stock Units
AwardsWeighted Average Grant Date Fair ValueAwardsWeighted Average Grant Date Fair Value
Outstanding at December 31, 2024
1,766,219 $5.11 1,575,297 $5.93 
Granted517,055 $7.52 692,155 $9.55 
Forfeited(60,538)$4.25 (279,125)$3.14 
Exercised or settled(795,943)$5.08 (654,995)$7.17 
Outstanding at June 28, 2025
1,426,793 $6.04 1,333,332 $7.78