Stock-based Compensation |
6 Months Ended |
|---|---|
Jun. 27, 2026 | |
| Share-Based Payment Arrangement [Abstract] | |
| Stock-based Compensation | 15. Stock-based Compensation Stock-based compensation expense recorded in the unaudited condensed consolidated statements of operations for equity-classified stock-based awards for the three and six months ended June 27, 2026 was $4.0 million and $7.6 million, respectively, and was $3.4 million and $6.3 million, respectively, for the three and six months ended June 28, 2025. The Company has established two equity incentive plans, the 2021 Equity Incentive Plan (the “2021 Plan”), as described below, and the 2017 Equity Incentive Plan. The Company no longer grants awards under the 2017 Equity Incentive Plan. 2021 Equity Incentive Plan In March 2021, the Company adopted the 2021 Plan. Under the 2021 Plan, up to 13,737,500 shares of Common Stock may be granted to employees, directors and consultants in the form of stock options, restricted stock units and other stock-based awards. The terms of awards granted under the 2021 Plan are determined by the Compensation Committee of the Board of Directors, subject to the provisions of the 2021 Plan. Options granted under the 2021 Plan expire no later than 10 years from the date of grant. The vesting period of stock options and restricted stock units granted under the 2021 Plan is generally three years from the date of grant. During the six months ended June 27, 2026, the Company granted 692,439 time-based restricted stock units and 322,873 performance-based restricted stock units (at the target performance level) under the 2021 Plan with a weighted-average grant-date fair value per share of $15.45 and $16.58, respectively.
|