v3.26.1
Equity-Based Compensation (Tables)
 3 Months Ended
Mar. 28, 2026
Compensation And Employee Benefit Plans [Abstract]  
Schedule of Nonvested Restricted Stock Units Activity A summary of the RSU award activity for the three months ended March 28, 2026 is as follows (number of units in thousands):
Number of unitsWeighted-average grant-date fair value per unit
Unvested at December 31, 20252,777 $6.90 
Granted1,870 8.58 
Vested(637)7.72 
Forfeited or canceled(29)6.87 
Unvested at March 28, 20263,981 $7.56 
Schedule of Nonvested Performance-Based Units Activity A summary of PRSU award activity for the three months ended March 28, 2026 is as follows (number of units in thousands):
Number of unitsWeighted-average grant-date fair value per unit
Unvested at December 31, 2025159 $10.37 
Granted386 13.13 
Unvested at March 28, 2026545 $12.32 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions A summary of the Company’s assumptions used in determining the fair value of the stock options granted during the three months ended March 28, 2026 is shown in the following table:
Risk-free interest rate
4.0%
Expected dividend yield— %
Expected stock price volatility
39.5% - 39.7%
Expected life of stock options (years)
6.25
Schedule of Stock Options Roll Forward
A summary of stock option activity is as follows for the three months ended March 28, 2026 (number of options in thousands):
Number of optionsWeighted-average exercise priceWeighted-average remaining contractual term
Aggregate intrinsic value(1)
Outstanding at December 31, 20254,664 $7.77 7.06$7,780 
Granted1,047 8.60 
Exercised(30)4.00 
Forfeited or canceled(14)12.01 
Outstanding at March 28, 20265,667 $7.93 7.42$11,840 
Exercisable and vested at March 28, 20262,953 $8.94 6.19$5,721 
(1)The aggregate intrinsic value is based upon the difference between the Company’s closing stock price at the date of the consolidated condensed balance sheets and the exercise price of the stock option for in-the-money stock options. The intrinsic value of outstanding stock options fluctuates based upon the trading value of the Company’s Class A common stock.