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Stock-Based Compensation (Tables) | 12 Months Ended
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Dec. 29, 2025
Share-Based Payment Arrangement [Abstract] |
Performance-Based Restricted Stock Units Activity | PRU activity for the year ended December 29, 2025 was as follows:
|  | Shares |  |  | Weighted Average Fair Value |
|  | (In thousands) |  |  |  |
Outstanding shares as of December 30, 2024 |  |  | 329 |  |  | $ | 20.14 |
Granted |  |  | 371 |  |  |  | 46.12 |
Vested |  |  | (372 | ) |  |  | 19.82 |
Forfeited / cancelled |  |  | 102 |  |  |  | 31.34 |
Change in units due to annual performance achievement |  |  | 52 |  |  |  | 61.73 |
Outstanding shares as of December 29, 2025 |  |  | 482 |  |  | $ | 47.26 |
Assumptions Used in Determining Fair Value | The following assumptions were used in determining the fair value:
|  | For the Year Ended |
|  | December 29, 2025 (1) |  |  | December 30, 2024 (2) |  |  | January 1, 2024 (3) |
Weighted-average fair value |  | $ | 46.11 |  |  | $ | 19.51 |  |  | $ | 16.36 |
Risk-free interest rate |  |  | 3.99 | % |  |  | 4.42 | % |  |  | 4.46 | %
Expected volatility |  |  | 39 | % |  |  | 41 | % |  |  | 42 | %
(1) Reflects the weighted-averages for the third year of the three-year performance period applicable to PRUs granted in 2023, the second year of the three-year performance period applicable to PRUs granted in 2024, and the first year of the three-year performance period applicable to PRUs granted in 2025. (2) Reflects the weighted-averages for the third year of the three-year performance period applicable to PRUs granted in 2022, the second year of the three-year performance period applicable to PRUs granted in 2023, and the first year of the three-year performance period applicable to PRUs granted in 2024. (3) Reflects the weighted-averages for the third year of the three-year performance period applicable to PRUs granted in 2021, the second year of the three-year performance period applicable to PRUs granted in 2022, and the first year of the three-year performance period applicable to PRUs granted in 2023.
Restricted Stock Units Activity | RSU activity for the year ended December 29, 2025 was as follows:
|  | Shares |  |  | Weighted Average Grant-Date Fair Value |
|  | (In thousands) |  |  |  |
Non-vested RSUs outstanding as of December 30, 2024 |  |  | 3,465 |  |  | $ | 16.47 |
Granted |  |  | 1,197 |  |  |  | 38.03 |
Vested |  |  | (1,730 | ) |  |  | 15.27 |
Cancelled |  |  | (163 | ) |  |  | 19.62 |
Non-vested RSUs outstanding as of December 29, 2025 |  |  | 2,769 |  |  | $ | 26.23 |
Vested and expected to vest through 2028 as of December 29, 2025 |  |  | 3,381 |  |  | $ | 23.80 |
Amounts Recognized in Consolidated Financial Statements of Operations with Respect to Stock Based Compensation Plan | Stock-based compensation expense recognized in the accompanying consolidated statements of operations was as follows:
|  | For the Year Ended |
|  | December 29, 2025 |  |  | December 30, 2024 |  |  | January 1, 2024 |
|  | (In thousands) |
Cost of goods sold |  | $ | 12,866 |  |  | $ | 9,342 |  |  | $ | 7,455 |
Selling and marketing |  |  | 4,648 |  |  |  | 3,845 |  |  |  | 3,205 |
General and administrative |  |  | 23,616 |  |  |  | 15,322 |  |  |  | 11,088 |
Research and development |  |  | 538 |  |  |  | 1,271 |  |  |  | 1,139 |
Total |  | $ | 41,668 |  |  | $ | 29,780 |  |  | $ | 22,887 |
Summary of Unrecognized Compensation Costs | A summary of total unrecognized compensation costs as of December 29, 2025 is as follows:
|  | Unrecognized Stock-Based Compensation Cost |  |  | Remaining Weighted Average Recognition Period |
|  | (In thousands) |  |  | (In years) |
RSU awards |  | $ | 55,306 |  |  |  | 1.5 |
PRU awards |  |  | 14,746 |  |  |  | 1.7 |
Total |  | $ | 70,052 |  |  |  |

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- Definition Tabular disclosure of number, weighted-average exercise price or conversion ratio, aggregate intrinsic value, and weighted-average remaining contractual term for outstanding performance-based awards that are fully vested and expected to vest. Includes, but is not limited to, unvested awards for which requisite service period has not been rendered but that are expected to vest based on achievement of performance condition, if forfeitures are recognized when they occur. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (e)(1) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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