v3.26.1
Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Dec. 31, 2022
Jan. 01, 2022
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Year
(a)
Summary
Compensation
Table Total
for Michael D.
Casey
(b)
Compensation
Actually Paid
to Michael D.
Casey(1)
(c)
Summary
Compensation
Table Total
for Douglas C.
Palladini
(b)
Compensation
Actually Paid
to Douglas C.
Palladini (2)
(c)
Summary
Compensation
Table Total
for Richard F.
Westenberger
(b)
Compensation
Actually Paid
to Richard F.
Westenberger
(3)
(c)
Average
Summary
Compensation
Table Total for
Non-PEO
NEOs
(d)
Average
Compensation
Actually Paid
to Non-PEO
NEOs(4)
(e)
2025
$387,185
$(1,952,845)
$7,496,679
$7,176,879
$3,964,938
$2,979,091
$2,309,931
$1,273,085
2024
9,146,769
2,030,618
—
—
—
—
2,242,388
586,590
2023
10,088,133
7,858,875
—
—
—
—
3,061,079
2,624,467
2022
8,606,754
4,760,564
—
—
—
—
2,264,230
1,619,056
2021
11,056,385
13,931,119
—
—
—
—
3,801,288
4,249,437
Year (a)
Value of Initial Fixed $100
    investment based on:
Total Shareholder
Return(5)
(f)
Peer Group
Total Shareholder
Return(6)
(g)
Net Income (dollars in
thousands)(7)
(h)
Adjusted Operating
Income (dollars in
thousands)(8)
(i)
2025
$41.57
$68.73
$91,796
$175,991
2024
66.48
75.04
185,509
286,550
2023
87.61
79.40
232,500
327,816
2022
83.53
73.49
250,038
388,171
2021
109.08
112.50
339,748
500,764
        
Company Selected Measure Name Adjusted Operating Income        
Peer Group Issuers, Footnote Represents the weighted peer group Total Shareholder Return, weighted according to the respective companies’ stock market capitalization at the
beginning of each period for which a return is indicated. The peer group used for this purpose is the S&P Composite 1500 Apparel, Accessories &
Luxury Goods.
        
Adjustment To PEO Compensation, Footnote The dollar amounts reported in the column “Compensation Actually Paid to Michael D. Casey” (column (c)) represent the amount of Compensation
Actually Paid to Michael Casey, our former CEO, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the
actual amount of compensation earned by or paid to the CEO during the applicable year.
(2)The dollar amounts reported in the column “Compensation Actually Paid to Douglas C. Palladini” (column (c)) represent the amount of Compensation
Actually Paid to Mr. Palladini, our Chief Executive Officer & President, as computed in accordance with Item 402(v) of Regulation S-K. The dollar
amounts do not reflect the actual amount of compensation earned by or paid to the CEO during the applicable year.
(3)The dollar amounts reported in the column “Compensation Actually Paid to Richard F. Westenberger” (column (c)) represent the amount of
Compensation Actually Paid to Mr. Westenberger, who served as Interim Chief Executive Officer & President from January 5, 2025 through April 3,
2025, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amount of compensation earned by
or paid to the CEO during the applicable year. To calculate Compensation Actually Paid to the CEO, for each of the years shown, the following amounts
were deducted from and added to Summary Compensation Table total compensation:
PEO Summary Compensation Table Total to Compensation Actually Paid
Reconciliation for Michael D. Casey
Year
Summary
Compensation
Table Total
Deductions
from Summary
Compensation Table
Total(i)
Equity Award
Adjustments(ii)
Compensation
Actually Paid
2025
$387,185
$—
$(2,340,030)
$(1,952,845)
2024
9,146,769
(6,976,664)
(139,487)
2,030,618
2023
10,088,133
(6,500,098)
4,270,840
7,858,875
2022
8,606,754
(6,500,136)
2,653,947
4,760,564
2021
11,056,385
(6,500,323)
9,375,057
13,931,119
PEO Summary Compensation Table Total to Compensation Actually Paid
Reconciliation for Douglas C. Palladini
Year
Summary
Compensation
Table Total
Deductions
from Summary
Compensation Table
Total(i)
Equity Award
Adjustments(ii)
Compensation
Actually Paid
2025
$7,496,679
$(4,955,424)
$4,635,624
$7,176,879
PEO Summary Compensation Table Total to Compensation Actually Paid
Reconciliation for Richard F. Westenberger
Year
Summary
Compensation
Table Total
Deductions
from Summary
Compensation Table
Total(i)
Equity Award
Adjustments(ii)
Compensation
Actually Paid
2025
$3,964,938
$(1,900,195)
$914,348
$2,979,091
(i)Represents the grant date fair value of equity-based awards granted each year, as shown in the Stock Awards column of the Summary
Compensation Table.
(ii)Reflects the value of equity-based awards calculated in accordance with the SEC methodology for determining Compensation Actually Paid for each
year shown under generally accepted accounting principles. The fair value of our performance-based restricted stock is calculated based on the
probable outcome of the performance conditions determined as of the last day of the fiscal year and our closing stock price on such day. The
determination of equity award adjustments to Summary Compensation Table total compensation is detailed in the supplemental table below.
PEO Equity Component of Compensation Actually Paid for Michael D. Casey
Year
Fair Value of
Equity
Awards
Granted in
the Year
and
Outstanding
and
Unvested as
of Year End
Year over Year
Change in Fair Value
of Equity Awards
Granted in Prior
Years and
Outstanding and
Unvested as of Year
End
Fair Value as of
Vesting Date of
Equity Awards
Granted and
Vested in the
Year
Year over Year
Change in Fair
Value of
Equity Awards
Granted in
Prior Years
that Vested in
the Year
Fair Value at the
End of the Prior
Year of Equity
Awards that were
Forfeited in the
Year
Value of
Dividends or
other Earnings
Paid on Equity
Awards not
Otherwise
Reflected in Fair
Value or Total
Compensation
Total
Equity
Award
Adjustments
2025
$—
$(1,226,660)
$—
$(1,113,370)
—
—
$(2,340,030)
2024
3,470,704
(3,882,120)
—
271,929
—
—
(139,487)
2023
5,587,004
(1,441,983)
—
125,819
—
—
4,270,840
2022
4,923,201
(1,890,720)
—
(378,534)
—
—
2,653,947
2021
6,710,481
2,626,294
—
38,282
—
—
9,375,057
PEO Equity Component of Compensation Actually Paid for Douglas C. Palladini
Year
Fair Value of
Equity
Awards
Granted in
the Year
and
Outstanding
and
Unvested as
of Year End
Year over Year
Change in Fair Value
of Equity Awards
Granted in Prior
Years and
Outstanding and
Unvested as of Year
End
Fair Value as of
Vesting Date of
Equity Awards
Granted and
Vested in the
Year
Year over Year
Change in Fair
Value of
Equity Awards
Granted in
Prior Years
that Vested in
the Year
Fair Value at the
End of the Prior
Year of Equity
Awards that were
Forfeited in the
Year
Value of
Dividends or
other Earnings
Paid on Equity
Awards not
Otherwise
Reflected in Fair
Value or Total
Compensation
Total
Equity
Award
Adjustments
2025
$4,635,624
$—
$—
$—
—
—
$4,635,624
PEO Equity Component of Compensation Actually Paid for Richard F. Westenberger
Year
Fair Value of
Equity
Awards
Granted in
the Year
and
Outstanding
and
Unvested as
of Year End
Year over Year
Change in Fair Value
of Equity Awards
Granted in Prior
Years and
Outstanding and
Unvested as of Year
End
Fair Value as of
Vesting Date of
Equity Awards
Granted and
Vested in the
Year
Year over Year
Change in Fair
Value of
Equity Awards
Granted in
Prior Years
that Vested in
the Year
Fair Value at the
End of the Prior
Year of Equity
Awards that were
Forfeited in the
Year
Value of
Dividends or
other Earnings
Paid on Equity
Awards not
Otherwise
Reflected in Fair
Value or Total
Compensation
Total
Equity
Award
Adjustments
2025
$1,452,898
$(467,418)
$—
$(71,132)
—
—
$914,348
        
Non-PEO NEO Average Total Compensation Amount $ 2,309,931 $ 2,242,388 $ 3,061,079 $ 2,264,230 $ 3,801,288
Non-PEO NEO Average Compensation Actually Paid Amount $ 1,273,085 586,590 2,624,467 1,619,056 4,249,437
Adjustment to Non-PEO NEO Compensation Footnote The dollar amounts reported in the column “Average Compensation Actually Paid to Non-PEO NEOs” (column (e)) represent the average amount of
Compensation Actually Paid to the non-CEO named executive officers (“Non-CEO NEOs”) as a group, as computed in accordance with Item 402(v) of
Regulation S-K. The dollar amounts do not reflect the actual average amount of compensation earned by or paid to the Non-CEO NEOs during the
applicable year. The Non-CEO NEOs reflected in columns (d) and (e) consist of the following individuals for each of the years shown: 2025—Emily Evert,
Allison Peterson, Karen Smith, and Kendra Krugman; 2024—Richard Westenberger, Kendra Krugman, Allison Peterson, Raghu Sagi, and Brian Lynch;
2023—Richard Westenberger, Brian Lynch, Kendra Krugman, and Julie D'Emilio; 2022—Richard Westenberger, Brian Lynch, Patrick Moore, and Kendra
Krugman; 2021—Richard Westenberger, Brian Lynch, Patrick Moore, and Peter Smith. To calculate Compensation Actually Paid to our Non-CEO NEOs
for each of the years shown, the following amounts were deducted from and added to Summary Compensation Table total compensation.
Average Non-PEO NEOs Summary Compensation Table Total to
Compensation Actually Paid Reconciliation*
Year
Summary Compensation Table
Total
Deductions
from Summary Compensation
Table
Total(i)
Equity
Award
Adjustments(ii)
Compensation
Actually Paid
2025
$2,309,931
$(1,100,078)
$63,232
$1,273,085
2024
2,242,388
(1,680,057)
24,259
586,590
2023
3,061,079
(1,662,929)
1,226,317
2,624,467
2022
2,264,230
(1,313,039)
667,866
1,619,056
2021
3,801,288
(1,987,866)
2,436,014
4,249,437
*Amounts in rows may not add exactly to the total due to rounding.
(i)Represents the grant date fair value of equity-based awards granted each year, as shown in the Stock Awards column of the Summary
Compensation Table.
(ii)Reflects the value of equity-based awards calculated in accordance with the SEC methodology for determining Compensation Actually Paid for each
year shown under generally accepted accounting principles. The fair value of our performance-based restricted stock is calculated based on the
probable outcome of the performance conditions determined as of the last day of the fiscal year and our closing stock price on such day. The
determination of equity award adjustments to SCT total compensation is detailed in the supplemental table below.
Average Non-PEO NEOs Equity Component of Compensation Actually
Paid
Year
Fair Value of
Equity Awards
Granted in the
Year and
Outstanding
and Unvested
as of Year End
Year over Year
Change in Fair
Value of
Equity Awards
Granted in
Prior Years
and
Outstanding
and Unvested
as of Year End
Fair Value
as
of Vesting
Date of
Equity
Awards
Granted and
Vested in
the Year
Year over Year
Change in Fair
Value of
Equity Awards
Granted in
Prior Years
that Vested in
the Year
Fair Value
at
the End of
the
Prior Year
of
Equity
Awards
that were
Forfeited in
the Year
Value of
Dividends or
other
Earnings Paid
on Equity
Awards not
Otherwise
Reflected in
Fair Value or
Total
Compensation
Total
Equity
Award
Adjustments
2025
$1,125,347
$(443,311)
$—
$(148,910)
$(469,894)
$—
$63,232
2024
1,140,756
(919,949)
—
124,924
(321,472)
—
24,259
2023
1,476,966
(269,558)
—
18,909
—
—
1,226,317
2022
994,495
(272,340)
—
(54,289)
—
—
667,866
2021
2,052,134
372,284
—
11,596
—
—
2,436,014
        
Compensation Actually Paid vs. Total Shareholder Return The following graph summarizes the relationship between Total Shareholder Return (“TSR”) and
executive compensation actually paid to the CEO and the Non-CEO NEOs and the relationship
between the TSR of the Company and its peer group over the last four completed years:
6229
        
Compensation Actually Paid vs. Net Income The following graph summarizes the relationship between the adjusted operating income and net
income performance measures included in the table and the executive compensation actually paid to
the CEO and the Non-CEO NEOs over the last five completed years:
6488
        
Compensation Actually Paid vs. Company Selected Measure The following graph summarizes the relationship between the adjusted operating income and net
income performance measures included in the table and the executive compensation actually paid to
the CEO and the Non-CEO NEOs over the last five completed years:
6488
        
Total Shareholder Return Vs Peer Group The following graph summarizes the relationship between Total Shareholder Return (“TSR”) and
executive compensation actually paid to the CEO and the Non-CEO NEOs and the relationship
between the TSR of the Company and its peer group over the last four completed years:
6229
        
Tabular List, Table Net Sales
•Adjusted Operating Income
•Adjusted Diluted EPS
•Operating Cash Flow
        
Total Shareholder Return Amount $ 41.57 66.48 87.61 83.53 109.08
Peer Group Total Shareholder Return Amount 68.73 75.04 79.40 73.49 112.50
Net Income (Loss) $ 91,796,000 $ 185,509,000 $ 232,500,000 $ 250,038,000 $ 339,748,000
Company Selected Measure Amount 175,991,000 286,550,000 327,816,000 388,171,000 500,764,000
Additional 402(v) Disclosure The amounts in the column “Total Shareholder Return” (column (f)) are calculated by dividing the sum of the cumulative amount of dividends for the
measurement period, assuming reinvestment of all dividends, if any, and the difference between the Company’s share price at the end and the
beginning of the measurement period by the Company’s share price at the beginning of the measurement period.
The dollar amounts reported represent the amount of net income reflected in the Company’s audited financial statements for the applicable year. 		       
Measure:: 1          
Pay vs Performance Disclosure          
Name Net Sales        
Measure:: 2          
Pay vs Performance Disclosure          
Name Adjusted Operating Income        
Non-GAAP Measure Description Management defines and calculates Adjusted Operating Income as Operating Income as calculated under generally accepted accounting principles,
excluding infrequent or extraordinary items. Adjusted Operating Income is a non-GAAP measure. A reconciliation of Operating Income to Adjusted
Operating Income can be found in the Appendix to this Proxy Statement.
        
Measure:: 3          
Pay vs Performance Disclosure          
Name Adjusted Diluted EPS        
Measure:: 4          
Pay vs Performance Disclosure          
Name Operating Cash Flow        
Casey [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 387,185 $ 9,146,769 $ 10,088,133 $ 8,606,754 $ 11,056,385
PEO Actually Paid Compensation Amount $ (1,952,845) $ 2,030,618 $ 7,858,875 $ 4,760,564 $ 13,931,119
PEO Name Michael Casey Michael Casey Michael Casey Michael Casey Michael Casey
Palladini [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 7,496,679        
PEO Actually Paid Compensation Amount $ 7,176,879        
PEO Name Mr. Palladini        
Westenberger [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 3,964,938        
PEO Actually Paid Compensation Amount $ 2,979,091        
PEO Name Mr. Westenberger        
PEO | Casey [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 0 $ (6,976,664) $ (6,500,098) $ (6,500,136) $ (6,500,323)
PEO | Casey [Member] | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (2,340,030) (139,487) 4,270,840 2,653,947 9,375,057
PEO | Casey [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 3,470,704 5,587,004 4,923,201 6,710,481
PEO | Casey [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,226,660) (3,882,120) (1,441,983) (1,890,720) 2,626,294
PEO | Casey [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
PEO | Casey [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,113,370) 271,929 125,819 (378,534) 38,282
PEO | Casey [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
PEO | Casey [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
PEO | Palladini [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (4,955,424)        
PEO | Palladini [Member] | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 4,635,624        
PEO | Palladini [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 4,635,624        
PEO | Palladini [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Palladini [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Palladini [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Palladini [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Palladini [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Westenberger [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,900,195)        
PEO | Westenberger [Member] | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 914,348        
PEO | Westenberger [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,452,898        
PEO | Westenberger [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (467,418)        
PEO | Westenberger [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Westenberger [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (71,132)        
PEO | Westenberger [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Westenberger [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,100,078) (1,680,057) (1,662,929) (1,313,039) (1,987,866)
Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 63,232 24,259 1,226,317 667,866 2,436,014
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,125,347 1,140,756 1,476,966 994,495 2,052,134
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (443,311) (919,949) (269,558) (272,340) 372,284
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (148,910) 124,924 18,909 (54,289) 11,596
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (469,894) (321,472) 0 0 0
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 0 $ 0 $ 0 $ 0 $ 0