v3.26.1
Share-Based Compensation (Tables)
6 Months Ended
Jun. 28, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-Based Compensation Awards Granted
During the twenty-six weeks ended June 28, 2026, the Company granted the following share-based compensation awards under the 2022 Incentive Plan:
Grant DateRSUsPSAsOptions
March 12, 2026335,408119,012112,765
April 30, 20267,3952,1252,798
June 4, 20269,469
Total352,272121,137115,563
Weighted average grant date fair value$78.94 $78.89 $30.33 
Weighted average exercise price$— $— $78.91 
Schedule of Share-Based Compensation Expense
The Company presents share-based compensation expense in selling, general and administrative expenses on the Company’s consolidated statements of income. The amount recognized was as follows:
Thirteen weeks endedTwenty-six weeks ended
June 28, 2026June 29, 2025June 28, 2026June 29, 2025
Share-based compensation expense$7,104 $7,747 $15,667 $14,403 
Schedule of Outstanding Share-Based Awards
The following share-based awards were outstanding under the 2022 Incentive Plan and the 2013 Incentive Plan as of June 28, 2026 and June 29, 2025:
As of
June 28, 2026June 29, 2025
(in thousands)
Options
Vested604570
Unvested193213
RSUs523457
PSAs262306
Schedule of Total Unrecognized Compensation Expense and Remaining Weighted Average Recognition Period Related to Outstanding Share-Based Awards
As of June 28, 2026, total unrecognized compensation expense and remaining weighted average recognition period related to outstanding share-based awards were as follows:
Unrecognized
compensation
expense
Remaining
weighted
average
recognition
period
Options$5,477 2.2
RSUs39,729 2.2
PSAs18,161 2.1
Total unrecognized compensation expense at June 28, 2026$63,367