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SHAREHOLDERS EQUITY (Tables)

12 Months Ended

Dec. 27, 2024

SHAREHOLDERS' EQUITY

Summary of stock option activity

A summary of option activity under the 2006 Plan and 2008 Plan as of December 27, 2024 and changes during the fiscal years ended December 27, 2024, December 29, 2023, and December 30, 2022 is presented below. The intrinsic value of the fully-vested options is $8.1 million based on the Company’s closing stock price of $38.41 and the weighted average exercise price of outstanding options on December 27, 2024.

​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	Weighted-
​	​	​	​	Weighted-		​	Average
​	​	​	​	Average		​	Remaining
​	​	​	​	Exercise		​	Contractual
​		Options		Price			Term
​	​	(in thousands)	​	​	​	​	(in years)	​
Outstanding at December 29, 2023		787	​	$	20.64		2.70	​
Granted		—	​		—		—	​
Exercised		(221)	​	​	12.50	​	—	​
Forfeited or expired		(15)	​		26.26		—	​
Outstanding at December 27, 2024		551	​	$	23.75	​	2.30	​
Vested and expected to vest at December 27, 2024		551	​	$	23.75	​	2.30	​
Exercisable at December 27, 2024		551	​	$	23.75	​	2.30	​

​

​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	Weighted-	​
​	​	​	​	Weighted-		​	Average
​	​	​	​	Average		​	Remaining
​	​	​	​	Exercise		​	Contractual
​		Options		Price			Term
​	​	(in thousands)	​	​	​	​	(in years)	​
Outstanding at December 30, 2022		816	​	$	20.38		3.68	​
Granted		—	​		—		—	​
Exercised		(19)	​	​	9.77	​	—	​
Forfeited or expired		(10)	​		19.05		—	​
Outstanding at December 29, 2023		787	​	$	20.64	​	2.70	​
Vested and expected to vest at December 29, 2023		787	​	$	20.64	​	2.70	​
Exercisable at December 29, 2023		787	​	$	20.64	​	2.70	​

​

​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	Weighted-
​	​	​	​	Weighted-		​	Average
​	​	​	​	Average		​	Remaining
​	​	​	​	Exercise		​	Contractual
​		Options		Price			Term
​	​	(in thousands)	​	​	​	​	(in years)	​
Outstanding at December 31, 2021		849	​	$	19.89		4.68	​
Granted		—	​		—		—	​
Exercised		(33)	​	​	8.12	​	—	​
Forfeited or expired		—	​		—		—	​
Outstanding at December 30, 2022		816	​	$	20.38	​	3.68	​
Vested and expected to vest at December 30, 2022		816	​	$	20.38	​	3.68	​
Exercisable at December 30, 2022		816	​	$	20.38	​	3.68	​

​

Summary of restricted stock activity

​

​	​	​	​	​	​	​
​	​	​	​	​
​	​	Time-Based	​	Weighted-Average
​		Restricted Stock Award		Grant Date Fair Value
​	​	(in thousands)	​	​	​	​
Outstanding at December 29, 2023	​	171	​	$	20.44
Awarded	​	45	​	​	32.58	​
Vested	​	(70)	​	​	21.60	​
Forfeited	​	—	​	​	—	​
Outstanding at December 27, 2024	​	146	​	$	23.60	​
​	​	​	​	​	​	​
Outstanding at December 30, 2022	​	135	​	$	34.07
Awarded	​	154	​	​	18.04	​
Vested	​	(114)	​	​	33.45	​
Forfeited	​	(4)	​	​	17.83	​
Outstanding at December 29, 2023	​	171	​	$	20.44	​
​	​	​	​	​	​	​
Outstanding at December 31, 2021	​	110	​	$	38.30
Awarded	​	104	​	​	31.48	​
Vested	​	(74)	​	​	36.55	​
Forfeited	​	(5)	​	​	36.51	​
Outstanding at December 30, 2022	​	135	​	$	34.07	​

Summary of RSUs activity

​

​	​	​	​	​	​	​
​	​	​	​	​
​	​	Time-Based	​	Weighted-Average
​		Restricted Stock Unit		Grant Date Fair Value
​	​	(in thousands)	​	​	​	​
Outstanding at December 29, 2023	​	—	​	$	—
Awarded	​	70	​	​	27.55	​
Vested	​	—	​	​	—	​
Forfeited	​	—	​	​	—	​
Outstanding at December 27, 2024	​	70	​	$	27.55	​

Summary of performance-based restricted stock unit activity

​

​	​	​	​	​	​
​	​	Performance-Based	​	Weighted-Average
​		Restricted Stock Unit		Grant Date Fair Value
​	​	(in thousands)	​	​	​
Outstanding at December 29, 2023	​	130	​	$	22.88
Awarded	​	144	​	​	25.44
Released	​	(105)	​	​	31.60
Forfeited	​	—	​	​	—
Outstanding at December 27, 2024	​	169	​	$	19.59
​	​	​	​	​	​
Outstanding at December 30, 2022	​	66	​	$	27.93
Awarded	​	112	​	​	19.89
Released	​	(46)	​	​	22.84
Forfeited	​	(2)	​	​	21.67
Outstanding at December 29, 2023	​	130	​	$	22.88
​	​	​	​	​	​
Outstanding at December 31, 2021	​	224	​	$	31.31
Awarded	​	186	​	​	38.82
Released	​	(278)	​	​	40.99
Forfeited	​	(66)	​	​	26.61
Outstanding at December 30, 2022	​	66	​	$	27.93

Summary of valuation assumptions

​

​	​	​	​	​	​	​	​	​	​	​	​	​
​		2024		​	​	2023		​	​	2022		​
Weighted-average expected term (in years)	​		.5	​	​		.5	​	​		.5	​
Risk-Free interest Rate	​		5.1	%	​		4.9	%	​		1.4	%
Stock Price Volatility	​		29.7	%	​		29.9	%	​		30.0	%
Dividend yield	​		0	%	​		0	%	​		0	%
Fair Value	​	$	25.22	​	​	$	18.50	​	​	$	31.11	​

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