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STOCK-BASED COMPENSATION
 9 Months Ended
Sep. 30, 2023
Share-Based Payment Arrangement [Abstract]  
STOCK-BASED COMPENSATION STOCK-BASED COMPENSATIONThe Company recorded stock-based compensation expense as follows:
Fiscal quarter endedThree fiscal quarters ended
(dollars in thousands)September 30, 2023October 1, 2022September 30, 2023October 1, 2022
Stock options$— $8 $— $186 
Restricted stock:
   Time-based awards4,353 4,506 12,898 13,961 
   Performance-based awards(425)489 464 1,368 
   Stock awards— — 1,550 1,706 
Total$3,928 $5,003 $14,912 $17,221 
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. During the third quarter and first three quarters of fiscal 2023, the achievement of performance target estimates related to certain performance-based grants were revised resulting in a reversal of previously recognized stock-based compensation expense of $1.1 million and $1.5 million, respectively