v3.26.1
Stock-Based Compensation
6 Months Ended
Jul. 04, 2026
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation Stock-Based Compensation
The following table summarizes awards granted during the relevant periods:

Six Months Ended July 4, 2026Six Months Ended June 28, 2025
(in thousands, except per share data)Number of Stock Units GrantedWeighted Average Grant Date Fair Value Per ShareNumber of Stock Units GrantedWeighted Average Grant Date Fair Value Per Share
Restricted Stock Units (“RSUs”)966$35.69 1,634$21.22 
Performance Stock Units (“PSUs”) (1)
110$43.03 237$25.56 
(1) Includes PSUs at target payout. Final common shares issued may be different based upon the actual achievement against the performance measure target.

For the three and six months ended July 4, 2026, Stock-based compensation expense was $13 million and $28 million, respectively. For the three and six months ended June 28, 2025, stock-based compensation expense was $16 million and $32 million, respectively. Stock-based compensation expense is included in either Selling, general and administrative expenses or Restructuring expenses in the Unaudited Condensed Consolidated Statements of Operations based on the nature of the expense.