v3.26.3
STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Oct. 03, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of recorded stock-based compensation cost
The Company recorded stock-based compensation expense as follows:
Fiscal quarter endedThree fiscal quarters ended
(dollars in thousands)October 3, 2026September 27, 2025October 3, 2026September 27, 2025
Restricted stock:
   Time-based awards(1)(2)
$2,845 $2,919 $8,690 $15,260 
   Performance-based awards(2)
289 694 585 1,125 
   Market-based awards(2)
444 113 524 682 
   Stock awards— — 1,152 1,600 
Total$3,578 $3,726 $10,951 $18,667 
(1)First three 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)First three 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.