v3.26.1
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 27, 2026
Share-Based Payment Arrangement [Abstract]  
Share-Based Payment Arrangement, Option, Activity
Option activity under the 2019 Plan for time-based option grants is as follows:
Time-Based Options
Number of
Options
Weighted-
Average
Exercise Price
Weighted-
Average
Remaining
Contractual
Term (Years)
Aggregate
Intrinsic
Value
(in thousands)
Outstanding at December 27, 20252,987,853$7.22 5.2$24,660 
Options exercised(8,658)7.75 
Options forfeited or expired(76,641)10.21 
Options modified (a)
2,935,6247.23 
Outstanding at June 27, 20265,838,178$6.86 4.6$48,499 
Exercisable at June 27, 20265,584,765$6.83 4.5$46,657 
Vested at June 27, 20265,584,765$6.83 4.5$46,657 
(a)As discussed above, on March 27, 2026, the Company's Board of Directors modified the terms of all outstanding performance-based options, thereby converting these to time-based awards.
Share-Based Payment Arrangement, Restricted Stock Unit, Activity
The following table summarizes the activities for unvested RSUs:
Restricted Stock Units
Number
of Shares
Weighted-
Average
Grant Date
Unvested at December 27, 202577,629$15.47 
Granted303,655$13.75 
Forfeited(9,846)$16.38 
Unvested at June 27, 2026371,438$14.07