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Stock-Based Compensation
 6 Months Ended
Jul. 04, 2026
Stock-Based Compensation [Abstract]  
Stock-Based Compensation
Note 9 – Stock-Based Compensation
 
The following table summarizes stock-based compensation expense recognized:
 
 
 Fiscal quarters ended Six fiscal months ended
  July 4, 2026   June 28, 2025   July 4, 2026   June 28, 2025 
                
Restricted stock units ("RSUs")$7,783 $5,685 $19,980 $11,653
Phantom stock units -   -   76   83 
Total$7,783 $5,685 $20,056 $11,736
 
The following table summarizes unrecognized compensation cost and the weighted average remaining amortization periods at July 4, 2026 (amortization periods in years):
 
      Weighted 
      Average 
  Unrecognized   Remaining 
  Compensation   Amortization 
  Cost   Periods 
Restricted stock units$67,888   1.9 
Phantom stock units -   n/a 
Total$67,888     
Restricted Stock Units
 
RSU activity as of July 4, 2026 and changes during the six fiscal months then ended are presented below (number of RSUs in thousands):
 
      Weighted 
     Average 
      Grant-date 
  Number of   Fair Value per 
  RSUs   Unit 
Outstanding:       
January 1, 2026 3,485  $18.00 
Granted 1,846   33.31 
Vested* (763)   19.76 
Cancelled or forfeited (171)   24.40 
Outstanding at July 4, 2026 4,397  $23.87 
        
Expected to vest at July 4, 2026 5,872     
* The number of RSUs vested includes shares that the Company withheld on behalf of employees to satisfy the statutory tax withholding requirements.
 
The number of performance-based RSUs that are scheduled to vest increases ratably based on the achievement of defined performance and market criteria between the established target and maximum levels.  RSUs with performance-based and market-based vesting criteria are expected to vest as follows (number of RSUs in thousands):
 
  Expected   Not Expected     
Vesting Date  to Vest    to Vest   Total  
January 1, 2027 877   -   877 
January 1, 2028 1,484   -   1,484 
January 1, 2029 1,535   -   1,535 
March 1, 2029 -   175   175 
 
Phantom Stock Units
 
The following table summarizes the Company's phantom stock units activity (number of phantom stock units in thousands):
 
        
      Grant-date 
  Number of   Fair Value per 
   units    Unit 
Outstanding:       
January 1, 2026 136     
Granted 5  $15.29 
Dividend equivalents issued 1     
Outstanding at July 4, 2026 142