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STOCK-BASED COMPENSATION
6 Months Ended
Jul. 02, 2022
Share-based Payment Arrangement [Abstract]  
STOCK-BASED COMPENSATION STOCK-BASED COMPENSATION
The Company recorded stock-based compensation expense as follows:
Fiscal quarter endedTwo fiscal quarters ended
(dollars in thousands)July 2, 2022July 3, 2021July 2, 2022July 3, 2021
Stock options$12 $300 $178 $774 
Restricted stock:
   Time-based awards4,296 3,504 9,455 7,404 
   Performance-based awards345 347 879 2,904 
   Stock awards1,706 1,240 1,706 1,240 
Total$6,359 $5,391 $12,218 $12,322 
The Company recognizes compensation cost ratably over the applicable performance periods based on the estimated probability of achievement of its performance targets at the end of each period.