v3.26.1
STOCK-BASED COMPENSATION (Tables)
 3 Months Ended
Mar. 28, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation Expense
The following table summarizes the Company’s stock-based compensation expense (in thousands):
Fiscal Quarter Ended
March 28, 2026March 29, 2025
Selling, general, and administrative$1,104 $1,971 
Schedule of Restricted Stock Units Activity
The following table represents the Company’s restricted stock units activity during the fiscal quarter ended March 28, 2026:
SharesWeighted-
Average Grant-
Date Fair Value
Outstanding at January 1, 20263,335,594$4.22 
Granted737,0536.30 
Vested(1,005,086)4.34 
Forfeited(279,273)4.18 
Outstanding at March 28, 20262,788,288$4.74 
Schedule of Stock Option Activity
The following table represents the Company’s stock options activity during the fiscal quarter ended March 28, 2026:
SharesWeighted-
Average
Exercise Price
 per Share		Weighted-
Average
Remaining
Contract Term		Aggregate
Intrinsic Value
(in years)(in thousands)
Outstanding at January 1, 20261,150,712$14.84 
Granted—— 
Exercised—— 
Forfeited—— 
Expired—— 
Outstanding at March 28, 20261,150,712$14.84 4.34$9 
Vested and expected to vest at March 28, 20261,150,712$14.84 4.34$9 
Options exercisable at March 28, 20261,091,290$15.28 4.24$7 
Schedule of Stock Appreciation Rights Activity
The following table represents the Company’s stock appreciation rights activity during the fiscal quarter ended March 28, 2026:
SharesWeighted-
Average
Exercise Price
 per Share		Weighted-
Average
Remaining
Contract Term		Aggregate
Intrinsic Value
(in years)(in thousands)
Outstanding at January 1, 2026514,503$3.12 
Granted907,5916.44 
Exercised—— 
Forfeited—— 
Outstanding at March 28, 20261,422,094$5.24 7.89$1,115 
Vested and expected to vest at March 28, 20261,422,094$5.24 7.89$1,115 
Stock appreciation rights exercisable at March 28, 2026359,679$3.16 4.46$768 
Schedule of PSU Activity
The following table represents the Company’s PSU activity during the fiscal quarter ended March 28, 2026:
SharesWeighted-
Average
Grant Date
Fair Value
Outstanding at January 1, 2026941,803$5.23 
Granted314,0266.30 
Adjustment for performance achievement (1)
—— 
Forfeited(99,397)7.20 
Outstanding at March 28, 2026 ⁽²⁾1,156,432$5.35 
(1)Represents the adjustment to previously granted PSUs based on the Company’s performance expectations as of the end of each respective fiscal year.
(2)An additional 409,883 PSUs could potentially be included if the maximum performance level of 200% is earned for all PSUs granted on or after January 1, 2025 and outstanding as of March 28, 2026.