v3.26.1
Stock-based Compensation (Tables)
6 Months Ended
Jun. 28, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity
The following table summarizes the stock option activity under the Company’s 2026 Equity Incentive Plan for the six-month fiscal period ended June 28, 2026:
OptionsWeighted-Average Exercise PriceWeighted Average Remaining Contractual Term (years)Aggregate Intrinsic Value (in thousands)
Outstanding at December 28, 2025
7,938,157 $2.93 
Granted407,980 $18.24 
Forfeited or expired
(52,229)$5.69 
Exercised(745,586)$2.25 
Outstanding at June 28, 2026
7,548,322 $3.81 5.48$94,479 
Exercisable at June 28, 2026
5,592,838 $2.41 4.61$77,006 
Options expected to vest at June 28, 2026
1,955,484 $7.80 7.97$17,473 
Schedule of Fair Value Assumptions
The following table summarizes the weighted-average grant date fair value of stock options granted during the period and the assumptions that were used in determining the grant date fair value of each award granted:
Six-Month Fiscal Period Ended
June 28, 2026June 29, 2025
Weighted-average grant date fair value per stock option$9.18 $3.94 
Risk-free interest rate
3.75% - 4.08%
3.69% - 4.24%
Expected stock price volatility
45.66% - 45.93%
40.00% - 45.00%
Average expected life (in years)
6.3 - 6.5
4.5 - 6.5
Dividend yield—%—%