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STOCK - BASED COMPENSATION (Tables)
3 Months Ended
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, 202514,070,559$10.35 5.30$12,769 
Options granted1,061,8625.31 
Options exercised(1,000)7.26 
Options forfeited(299,997)24.16 
Options expired (218,948)12.81 
Balance—March 29, 202614,612,476$9.66 5.25$3,664 
Exercisable—March 29, 202611,019,364$8.82 3.96$3,664 
Vested and expected to vest—March 29, 202614,612,476$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, 202413,169,869$9.88 6.04$297,037 
Options granted1,218,04823.80 
Options exercised(210,708)8.03 
Options forfeited(58,903)21.31 
Options expired(18,696)14.10 
Balance—March 30, 202514,099,610$11.06 6.16$207,895 
Exercisable—March 30, 202510,171,502$7.95 5.05$179,084 
Vested and expected to vest—March 30, 202514,099,610$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 SharesWeighted-Average Grant Date Fair Value
Balance—December 28, 2025
783,226 $12.71 
   Granted740,958 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 SharesWeighted-Average Grant Date Fair Value
Balance—December 29, 2024
910,024 $17.72 
   Granted181,377 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 units1,504 4,208 
Performance stock units659 3,395 
Total stock-based compensation$5,804 $10,221