v3.25.4
Share-based Compensation (Tables)
12 Months Ended
Dec. 28, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Nonvested Restricted Stock Units Activity RSU and PSU activity under the various plans during the fiscal years presented is as follows:
(in thousands, except per share amounts)
Non-vested shares outstanding at December 31, 2023GrantedVestedForfeitedNon-vested shares outstanding at December 29, 2024GrantedVestedForfeitedNon-vested shares outstanding at December 28, 2025
KKI
RSUs and PSUs6,785 1,934 1,893 842 5,984 8,777 1,805 2,287 10,669 
Weighted Average Grant Date Fair Value$14.54 14.19 14.80 14.94 $14.54 3.80 14.92 12.33 $5.97 
KK U.K.
RSUs7 — — — 7 —  
Weighted Average Grant Date Fair Value$29.80 — — — $29.80 — 29.80 29.80 $ 
KK Australia
RSUs185 — 42 137 — 116 — 21 
Weighted Average Grant Date Fair Value$1.57 — 2.13 1.91 $1.57 — 1.57 — $1.72 
KK Mexico
RSUs20 — — 18 — 17 — 1 
Weighted Average Grant Date Fair Value$30.18 — 29.21 — $30.18 — 29.21 — $40.14 
Share-based Payment Arrangement, Nonvested Award, Cost
The unrecognized compensation cost related to the unvested RSUs and PSUs and the weighted-average period over which such cost is expected to be recognized are as follows:
As of December 28, 2025
Unrecognized
Compensation Cost
Recognized Over a Weighted-
Average Period of
KKI$38,257 2.4 years
KK Australia0.7 years
KK Mexico10 0.7 years
The unrecognized compensation cost related to the unvested stock options and the weighted-average period over which such cost is expected to be recognized are as follows:
As of December 28, 2025
Unrecognized
Compensation Cost
Recognized Over a Weighted-
Average Period of
KKI$2,952 2.2 years
Schedule of Weighted-Average Assumptions, Stock Options
The following weighted-average assumptions were utilized in determining the fair value of the time-vested stock options granted during the fiscal years presented:
Fiscal Years Ended
December 28, 2025December 29, 2024
KKI
Risk-free interest rate3.9 %3.7 %
Expected volatility55.2 %35.1 %
Dividend yield— %1.0 %
Expected term (years)6.0 years6.5 years
Summary of Stock Option Activity
A summary of the status of the time-vested stock options as of December 28, 2025 and changes during fiscal years presented is as follows:
Share options outstanding atShare options outstanding atShare options outstanding at
(in thousands, except per share amounts)
December 31,
2023
GrantedExercisedForfeited or expired
December 29,
2024
GrantedExercisedForfeited or expired
December 28,
2025
KKI
Options2,993 — — 331 2,6622,060 — 2,164 2,558
Weighted Average Grant Date Fair Value$5.90 — — 6.10 $5.881.58 — 5.83 $2.46
Weighted Average Exercise Price$14.30 — — 14.61 $14.273.22 — 14.19 $5.43
Weighted Average Remaining Contractual Term (years)7.5 years7.1 years5.5 years
Aggregate Intrinsic Value (in thousands)$2,352 $ $2,187