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STOCK - BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 25, 2022
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Activity The following table summarizes the Company’s stock option activity for the fiscal years ended December 25, 2022 and December 26, 2021 , including options assumed pursuant to the Spyce Plan, as described above:
(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 6.3$15,204 
Options assumed85,757 8.95 
Options granted
5,133,504 11.20 
Options exercised
(5,247,279)4.98 
Options forfeited
(723,698)7.40 
Options expired
(87,600)5.43 
Balance—December 26, 2021
13,773,414 $6.87 7.4$337,269 
Options granted
1,482,632 16.63 
Options exercised
(957,617)4.97 
Options forfeited
(437,993)12.83 
Options expired
(46,514)8.20 
Balance—December 25, 2022
13,813,922 7.86 6.63$34,454 
Exercisable—December 25, 2022
9,663,466 6.00 5.88$33,115 
Vested and expected to vest—December 25, 2022
13,813,922 7.86 6.63$34,454 
Schedule of Fair Value Assumptions
The fair value of each option granted has been estimated as of the date of the grant using the Black-Scholes option-pricing model with the assumptions during the fiscal years ended December 25, 2022 and December 26, 2021, included in the table below. The Company has elected to account for forfeitures as they occur.
Input
Fiscal Year Ended
December 25, 2022
Fiscal Year Ended
December 26, 2021
Fiscal Year Ended December 27,
2020
Risk-free interest rate
1.6%-3.95%
0.46%-1.08%
0.29%-0.83%
Expected term
5.08-6.60 years
5.00-6.08 years
5.09-6.39 years
Expected Volatility
44.25%41 %40.37 %
Dividend yield
0%0 %0 %
Summary of RSU Activity
The following table summarizes the Company’s RSU activity for fiscal years ended December 25, 2022 and December 26, 2021:

(dollar amounts in thousands except per share amounts)Number of
Shares
Weighted-
Average
Grant Date Fair Value
Balance—December. 27, 2020— $— 
Granted2,418,793 24.20 
Released
(15,000)23.00 
Forfeited, cancelled, or expired
(11,367)29.51 
Balance—December. 26, 20212,392,426 $24.18 
Granted724,077 $19.45 
Released
(838,106)$23.29 
Forfeited, cancelled, or expired
(497,716)$25.12 
Balance—December. 25, 20221,780,681 $23.40 
Schedule of Exercise Price Range The founder PSUs are comprised of seven tranches that are eligible to vest based on the achievement of stock price goals, ranging from $30.0 - $75.0 per share, measured over a consecutive 90-calendar day trailing trading period during the performance period as set forth below.
Company Stock Price TargetNumber of PSUs Eligible to Vest
1$30.00 900,000 
2$37.50 900,000 
3$45.00 900,000 
4$52.50 900,000 
5$60.00 900,000 
6$67.50 900,000 
7$75.00 900,000 
Summary of PSU Activity
The following table summarizes the Company’s PSU activity for fiscal year ended December 26, 2021:

(dollar amounts in thousands except per
share amounts)		Number of
Shares
Weighted-
Average
Grant Date Fair Value
Balance—December. 27, 2020— $— 
Granted6,621,428 15.56 
Released
— — 
Forfeited, cancelled, or expired
— — 
Balance—December. 26, 20216,621,428 $15.56 
Summary of Stock-based Compensation Expense
A summary of stock-based compensation expense recognized fiscal years ended December 25, 2022, December 26, 2021 and December 27, 2020 is as follows:

(dollar amounts in thousands)
Fiscal Year Ended
December 25, 2022
Fiscal Year Ended
December 26, 2021
Fiscal Year Ended
December 27, 2020
Stock-options
$10,505$15,414$4,912
Restricted stock units
32,0377,219—
Performance stock units
36,1946,264—
Total stock-based compensation
$78,736$28,897$4,912