v3.25.4
STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Jan. 03, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Total Stock-Based Compensation Cost and Associated Income Tax Benefits Recognized
The following table presents total stock-based compensation expense and the associated income tax benefits recognized in the statements of operations for all awards:
Year Ended December
(In thousands)202520242023
Stock-based compensation expense$39,077 $26,585 $16,725 
Income tax benefits3,645 2,777 1,960 
Schedule of PRSU and RSU Activity
The following table presents PRSU and RSU activity from December 2024 to December 2025:
 Performance-basedNonperformance-based
 Number OutstandingWeighted Average
Grant Date
Fair Value
Number OutstandingWeighted Average
Grant Date
Fair Value
Outstanding at December 2024760,769 $48.34 463,021 $54.31 
Granted (1)
164,828 66.44 274,207 65.51 
Issued as Common Stock(171,809)40.25 (259,014)50.77 
Forfeited/canceled(130,385)42.53 (16,297)60.70 
Outstanding at December 2025623,403 $56.57 461,917 $62.72 
Vested at December 2025286,945 $47.75 19,436 $ 
(1) Includes new awards granted during the year and dividend equivalents for both PRSUs and RSUs, as well as changes due to finalization of performance and market condition achievement for PRSUs. Weighted average grant date fair value of the PRSU awards is based on the grant date value with the TSR-based adjustment being separately valued as disclosed above.
Schedule of Stock Option Activity
The following table presents stock option activity for the year ended December 2025:
Number of SharesWeighted Average Exercise PriceWeighted Average Remaining Contractual Term (Years)Aggregate Intrinsic Value
(In thousands)
Outstanding at December 2024303,490 $24.17 2.1$18,519 
Exercised(25,356)29.07 
Outstanding at December 2025278,134 $23.72 1.2$10,507 
Exercisable at December 2025278,134 $23.72 1.2$10,507