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STOCK - BASED COMPENSATION (Tables) | 9 Months Ended
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Sep. 25, 2022
Share-Based Payment Arrangement [Abstract] |
Summary of Stock Option Activity | The following table summarizes the Company’s stock option activity for the thirty-nine weeks ended September 25, 2022 and September 26, 2021:
(dollar amounts in thousands except per share amounts) | Number of Shares |  | Weighted Average Exercise Price Per Share |  | Weighted-Average Remaining Contractual Term (In Years) |  | Aggregate Intrinsic Value
Balance—December 26, 2021 | 13,773,414 |  | $ | 6.87 |  |  | 7.42 |  | $ | 337,269 |
Options granted | 741,118 |  | 22.64 |  |  |  |  |
Options exercised | (819,454) |  | 4.85 |  |  |  |  |
Options forfeited | (252,190) |  | 13.44 |  |  |  |  |
Options expired | (32,272) |  | 6.94 |  |  |  |  |
Balance—September 25, 2022 | 13,410,616 |  | $ | 7.74 |  |  | 6.99 |  | $ | 125,586 |
Exercisable—September 25, 2022 | 9,254,215 |  | $ | 5.77 |  |  | 6.27 |  | $ | 102,364 |
Vested and expected to vest—September 25, 2022 | 13,410,616 |  | $ | 7.74 |  |  | 6.99 |  | $ | 125,586 |
(dollar amounts in thousands except per share amounts) | Number of Shares |  | Weighted Average Exercise Price Per Share |  | Weighted-Average Remaining Contractual Term (In Years) |  | Aggregate Intrinsic Value
Balance—December 27, 2020 | 14,612,730 |  | $ | 4.27 |  |  | 6.34 |  | $ | 15,204 |
Options assumed | 85,757 |  | 8.95 |  |  |  |  |
Options granted | 5,102,710 |  | 11.20 |  |  |  |  |
Options exercised | (5,143,937) |  | 4.95 |  |  |  |  |
Options forfeited | (527,434) |  | 6.84 |  |  |  |  |
Options expired | (85,100) |  | 5.43 |  |  |  |  |
Balance—September 26, 2021 | 14,044,726 |  | $ | 6.92 |  |  | 7.29 |  | $ | 114,172 |
Exercisable—September 26, 2021 | 4,615,134 |  | $ | 4.33 |  |  | 4.83 |  | $ | 42,619 |
Vested and expected to vest—September 26, 2021 | 14,044,726 |  | $ | 6.92 |  |  | 7.29 |  | $ | 114,172 |
Summary of Restricted Stock Units Activity | The following table summarizes the Company’s RSU activity for the thirty-nine weeks ended September 25, 2022:
(dollar amounts in thousands except per share amounts) | Number of Shares |  | Weighted-Average Grant Date Fair Value
Balance—December 26, 2021 | 2,392,426 |  |  | $ | 24.18 |
Granted | 566,245 |  |  | 21.59 |
Released | (588,620) |  |  | 22.15 |
Forfeited | (306,399) |  |  | 26.06 |
Balance—September 25, 2022 | 2,063,652 |  |  | $ | 23.77 |
Summary of Stock-based Compensation Expense | A summary of stock-based compensation expense recognized during the thirteen and thirty-nine weeks ended September 25, 2022 and September 26, 2021 is as follows:
| Thirteen weeks ended |  | Thirty-nine weeks ended
(dollar amounts in thousands) | September 25, 2022 |  | September 26, 2021 |  | September 25, 2022 |  | September 26, 2021 |
Stock-options | $ | 2,771 |  |  | $ | 3,008 |  |  | $ | 7,870 |  |  | $ | 6,104 |  |
Restricted stock units | 5,782 |  |  | — |  | 27,958 |  |  | — |
Performance stock units | 9,048 |  |  | — |  | 27,145 |  |  | — |
Total stock-based compensation | $ | 17,601 |  |  | $ | 3,008 |  |  | $ | 62,973 |  |  | $ | 6,104 |  |

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- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
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