STOCK-BASED COMPENSATION (Tables)
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6 Months Ended |
Jun. 27, 2026 |
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| Share-Based Payment Arrangement [Abstract] |
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| Schedule of Stock-Based Compensation Expense |
The following table summarizes the Company’s stock-based compensation expense (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Fiscal Quarter Ended | | Two Fiscal Quarters Ended | | June 27, 2026 | | June 28, 2025 | | June 27, 2026 | | June 28, 2025 | | Selling, general, and administrative | $ | 1,609 | | | $ | 1,381 | | | $ | 2,713 | | | $ | 3,352 | |
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| Schedule of Restricted Stock Units Activity |
The following table represents the Company’s restricted stock units activity during the two fiscal quarters ended June 27, 2026: | | | | | | | | | | | | | Shares | | Weighted-
Average Grant-
Date Fair Value | | Outstanding at January 1, 2026 | 3,335,594 | | $ | 4.22 | | | Granted | 848,165 | | 6.25 | | | Vested | (1,121,197) | | 4.43 | | | Forfeited | (491,540) | | 4.41 | | | Outstanding at June 27, 2026 | 2,571,022 | | $ | 4.77 | |
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| Schedule of Stock Option Activity |
The following table represents the Company’s stock options activity during the two fiscal quarters ended June 27, 2026: | | | | | | | | | | | | | | | | | | | | | | | | | Shares | | Weighted-
Average
Exercise Price
per Share | | Weighted-
Average
Remaining
Contract Term | | Aggregate
Intrinsic Value | | | | | | (in years) | | (in thousands) | | Outstanding at January 1, 2026 | 1,150,712 | | $ | 14.84 | | | | | | | Granted | — | | — | | | | | | | Exercised | — | | — | | | | | | | Forfeited | — | | — | | | | | | | Expired | (23,649) | | 17.23 | | | | | | | Outstanding at June 27, 2026 | 1,127,063 | | $ | 14.78 | | | 3.76 | | $ | 81 | | | Vested and expected to vest at June 27, 2026 | 1,127,063 | | $ | 14.78 | | | 3.76 | | $ | 81 | | | Options exercisable at June 27, 2026 | 1,073,609 | | $ | 15.22 | | | 3.64 | | $ | 61 | |
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| Schedule of Stock Appreciation Rights Activity |
The following table represents the Company’s stock appreciation rights activity during the two fiscal quarters ended June 27, 2026: | | | | | | | | | | | | | | | | | | | | | | | | | Shares | | Weighted-
Average
Exercise Price
per Share | | Weighted-
Average
Remaining
Contract Term | | Aggregate
Intrinsic Value | | | | | | (in years) | | (in thousands) | | Outstanding at January 1, 2026 | 514,503 | | $ | 3.12 | | | | | | | Granted | 907,591 | | 6.44 | | | | | | | Exercised | (38,529) | | 3.24 | | | | | | | Forfeited | — | | — | | | | | | | Outstanding at June 27, 2026 | 1,383,565 | | $ | 5.30 | | | 7.84 | | $ | 1,569 | | | Vested and expected to vest at June 27, 2026 | 1,383,565 | | $ | 5.30 | | | 7.84 | | $ | 1,569 | | | Stock appreciation rights exercisable at June 27, 2026 | 321,150 | | $ | 3.15 | | | 4.68 | | $ | 1,048 | |
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| Schedule of PSU Activity |
The following table represents the Company’s PSU activity during the two fiscal quarters ended June 27, 2026: | | | | | | | | | | | | | Shares | | Weighted-
Average
Grant Date
Fair Value | | Outstanding at January 1, 2026 | 941,803 | | $ | 5.23 | | | Granted | 314,026 | | 6.30 | | Adjustment for performance achievement (1) | — | | — | | | Forfeited | (136,870) | | 7.05 | | | Outstanding at June 27, 2026 ⁽²⁾ | 1,118,959 | | $ | 5.31 | |
(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 354,312 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 June 27, 2026.
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