Stock-Based Compensation (Tables)
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12 Months Ended |
Dec. 28, 2025 |
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| Share-Based Payment Arrangement [Abstract] |
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| Summary of Recognized Stock - Based Compensation Expense |
The Company recognized stock-based compensation expense and the related tax benefit as follows for the periods presented:
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Fiscal Year Ended |
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December 28,
2025 |
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December 29,
2024 |
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December 31,
2023 |
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Cost of goods sold1 |
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$ |
595 |
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$ |
296 |
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$ |
260 |
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Selling, general and administrative expense2 |
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11,794 |
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9,972 |
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|
7,157 |
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Total |
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$ |
12,389 |
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$ |
10,268 |
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$ |
7,417 |
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Tax benefit |
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$ |
2,561 |
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$ |
5,160 |
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$ |
2,998 |
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1.Includes $89, $18 and $7 of expense related to the 2020 ESPP for the fiscal years ended December 28, 2025, December 29, 2024, and December 31, 2023, respectively. 2.Includes $253, $149 and $97 of expense related to the 2020 ESPP for the fiscal years ended December 28, 2025, December 29, 2024, and December 31, 2023, respectively.
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| Summary of Stock Option Activity |
The following table summarizes stock option activity since December 29, 2024:
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Number of
Options |
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Weighted-
Average
Exercise
Price |
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Weighted-
Average
Remaining
Contractual
Term (Years) |
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Aggregate
Intrinsic
Value |
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Outstanding as of December 29, 2024 |
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1,703,287 |
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$ |
14.30 |
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$ |
39,264 |
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Granted |
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— |
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$ |
— |
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$ |
— |
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Exercised |
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(507,473 |
) |
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$ |
10.99 |
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$ |
14,430 |
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Cancelled/Forfeited |
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(25,789 |
) |
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$ |
15.67 |
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$ |
544 |
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Outstanding as of December 28, 2025 |
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1,170,025 |
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$ |
15.70 |
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4.8 |
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$ |
18,978 |
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Options exercisable as of December 28, 2025 |
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1,024,624 |
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$ |
15.80 |
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4.5 |
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$ |
16,539 |
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Options vested and expected to vest as of December 28, 2025 |
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1,170,025 |
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$ |
15.70 |
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4.8 |
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$ |
18,978 |
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| Summary of Assumptions, Fair Values and Intrinsic Values of Stock Options |
The following table summarizes the valuation model assumptions, fair values and intrinsic values of stock options during the fiscal years indicated:
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December 28,
2025 |
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December 29,
2024 |
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December 31,
2023 |
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Expected term (in years) |
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— |
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— |
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6.0 |
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Expected stock price volatility |
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— |
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— |
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27.8% - 29.2% |
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Risk-free interest rate |
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— |
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— |
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3.63% - 4.45% |
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Expected dividend yield |
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— |
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— |
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0% |
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Weighted average fair value at grant date |
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$ |
— |
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$ |
— |
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$ |
5.33 |
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Fair value of stock options vested |
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$ |
992 |
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$ |
3,229 |
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$ |
3,160 |
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Intrinsic value of stock options exercised |
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$ |
14,430 |
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$ |
57,535 |
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$ |
9,091 |
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Proceeds from stock options exercised |
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$ |
5,577 |
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$ |
13,680 |
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$ |
776 |
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| Summary of RSU Activity |
The following table summarizes RSU activity since December 29, 2024:
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Number of
RSUs |
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Weighted-
Average
Grant Date Fair Value |
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Unvested as of December 29, 2024 |
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644,141 |
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$ |
19.28 |
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Granted |
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325,316 |
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$ |
32.08 |
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Vested(1) |
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(316,335 |
) |
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$ |
18.24 |
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Forfeited |
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(44,984 |
) |
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$ |
25.87 |
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Unvested as of December 28, 2025 |
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608,138 |
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$ |
26.18 |
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1.Includes 101,773 shares of common stock that were withheld to cover taxes on the release of vested RSUs and became available for future grants pursuant to the 2020 Incentive Plan.
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| Summary of PSU activity |
The following table summarizes PSU activity since December 29, 2024:
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Number of
PSUs |
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Weighted-
Average
Grant Date Fair Value |
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Unvested as of December 29, 2024 |
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238,764 |
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$ |
21.82 |
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Granted |
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133,732 |
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$ |
31.99 |
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Forfeited |
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(9,593 |
) |
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$ |
25.63 |
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Unvested as of December 28, 2025 |
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362,903 |
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$ |
25.47 |
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