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STOCK - BASED COMPENSATION (Tables) | 3 Months Ended
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Mar. 29, 2026
Share-Based Payment Arrangement [Abstract] |
Summary of Stock Option Activity | The following table summarizes the Company’s stock option activity for the thirteen weeks ended March 29, 2026 and March 30, 2025:
(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 28, 2025 | 14,070,559 |  | $ | 10.35 |  |  | 5.30 |  | $ | 12,769 |
Options granted | 1,061,862 |  | 5.31 |  |  |  |  |
Options exercised | (1,000) |  | 7.26 |  |  |  |  |
Options forfeited | (299,997) |  | 24.16 |  |  |  |  |
Options expired | (218,948) |  | 12.81 |  |  |  |  |
Balance—March 29, 2026 | 14,612,476 |  | $ | 9.66 |  |  | 5.25 |  | $ | 3,664 |
Exercisable—March 29, 2026 | 11,019,364 |  | $ | 8.82 |  |  | 3.96 |  | $ | 3,664 |
Vested and expected to vest—March 29, 2026 | 14,612,476 |  | $ | 9.66 |  |  | 5.25 |  | $ | 3,664 |
(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 29, 2024 | 13,169,869 |  | $ | 9.88 |  |  | 6.04 |  | $ | 297,037 |
Options granted | 1,218,048 |  | 23.80 |  |  |  |  |
Options exercised | (210,708) |  | 8.03 |  |  |  |  |
Options forfeited | (58,903) |  | 21.31 |  |  |  |  |
Options expired | (18,696) |  | 14.10 |  |  |  |  |
Balance—March 30, 2025 | 14,099,610 |  | $ | 11.06 |  |  | 6.16 |  | $ | 207,895 |
Exercisable—March 30, 2025 | 10,171,502 |  | $ | 7.95 |  |  | 5.05 |  | $ | 179,084 |
Vested and expected to vest—March 30, 2025 | 14,099,610 |  | $ | 11.06 |  |  | 6.16 |  | $ | 207,895 |
Summary of Restricted Stock Units Activity | The following table summarizes the Company’s RSU activity for the thirteen weeks ended March 29, 2026 and March 30, 2025:
(dollar amounts in thousands except per share amounts) | Number of Shares |  | Weighted-Average Grant Date Fair Value
Balance—December 28, 2025 | 783,226 |  |  | $ | 12.71 |
Granted | 740,958 |  |  | 5.32 |
Released | (124,842) |  |  | 15.87 |
Forfeited | (31,918) |  |  | 24.17 |
Balance—March 29, 2026 | 1,367,424 |  |  | $ | 8.15 |
(dollar amounts in thousands except per share amounts) | Number of Shares |  | Weighted-Average Grant Date Fair Value
Balance—December 29, 2024 | 910,024 |  |  | $ | 17.72 |
Granted | 181,377 |  |  | 23.59 |
Released | (341,116) |  |  | 20.56 |
Forfeited | (13,084) |  |  | 20.24 |
Balance—March 30, 2025 | 737,201 |  |  | $ | 17.81 |
Summary of Stock-based Compensation Expense | A summary of stock-based compensation expense recognized during the thirteen weeks ended March 29, 2026 and March 30, 2025 is as follows:
| Thirteen weeks ended |  |
(dollar amounts in thousands) | March 29, 2026 |  | March 30, 2025 |  |  |  |
Stock-options | $ | 3,641 |  |  | $ | 2,618 |  |  |  |  |
Restricted stock units | 1,504 |  |  | 4,208 |  |  |  |  |
Performance stock units | 659 |  |  | 3,395 |  |  |  |  |
Total stock-based compensation | $ | 5,804 |  |  | $ | 10,221 |  |  |  |  |

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