v3.26.1
STOCK-BASED COMPENSATION (Tables)
 6 Months Ended
Jul. 04, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of recorded stock-based compensation cost
The Company recorded stock-based compensation expense as follows:
Fiscal quarter endedTwo fiscal quarters ended
(dollars in thousands)July 4, 2026June 28, 2025July 4, 2026June 28, 2025
Restricted stock:
   Time-based awards(1)(2)
$2,537 $3,268 $5,845 $12,341 
   Performance-based awards(2)
153 149 296 431 
   Market-based awards(2)
(153)171 80 569 
   Stock awards1,152 1,600 1,152 1,600 
Total$3,689 $5,188 $7,373 $14,941 
(1)First two quarters of fiscal 2025 include accelerated vesting of outstanding time-based restricted stock awards related to the retirement of Michael D. Casey, the Company’s former Chief Executive Officer, in the first quarter of fiscal 2025.
(2)Second quarter and first two quarters of fiscal 2026 include forfeitures of outstanding time-based, performance-based, and market-based restricted stock awards related to the departure of Douglas C. Palladini, the Company’s former Chief Executive Officer, in the second quarter of fiscal 2026.