XML 44 R34.htm IDEA: XBRL DOCUMENT
v3.22.2.2

STOCK-BASED COMPENSATION (Tables) | 9 Months Ended
--- | ---
Oct. 01, 2022
STOCK-BASED COMPENSATION. |
Summary of stock-based compensation expense | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Fiscal Quarter Ended | ​ | Three Fiscal Quarters Ended | ​
​ |  | October 1, 2022 |  | October 2, 2021 | ​ | October 1, 2022 |  | October 2, 2021 | ​
Cost of sales | ​ | $ | 730 | ​ | $ | 1,914 | ​ | $ | 3,046 | ​ | $ | 6,837 | ​
Selling, general and administrative | ​ |  | 6,331 | ​ |  | 25,689 | ​ |  | 37,369 | ​ |  | 97,741 | ​
​ | ​ | $ | 7,061 | ​ | $ | 27,603 | ​ | $ | 40,415 | ​ | $ | 104,578 | ​
Schedule of assumptions used to determine the fair value of option awards granted | The following table sets forth the significant assumptions used in the Black-Scholes option-pricing model on a weighted-average basis to determine the fair value of option awards granted: ​
​ | ​ | ​ | ​
​ | ​ | Three Fiscal Quarters Ended | ​
​ | ​ | October 1, 2022 |
Risk-free interest rate |  | 2.04 | %
Expected volatility |  | 39.67 | %
Expected term (in years) |  | 6.25 | ​
Expected dividend yield |  | 0.00 | %
Schedule of restricted stock awards | The following table represents the Company’s restricted stock awards activity during the three fiscal quarters ended October 1, 2022: ​
​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Weighted-
​ | ​ | ​ | ​ | Average Grant-
​ |  | Shares |  | Date Fair Value
Outstanding at January 1, 2022 |  | 5,803,124 | ​ | $ | 19.00
Granted |  | — | ​ |  | —
Vested |  | (1,373,260) | ​ |  | 19.00
Forfeited |  | (480,385) | ​ |  | 19.00
Outstanding at October 1, 2022 |  | 3,949,479 | ​ | $ | 19.00
Schedule of restricted stock units | The following table represents the Company’s restricted stock units activity during the three fiscal quarters ended October 1, 2022: ​
​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Weighted-
​ | ​ | ​ | ​ | Average Grant-
​ | ​ | Shares | ​ | Date Fair Value
Outstanding at January 1, 2022 |  | 278,591 | ​ | $ | 19.08
Granted |  | 210,012 | ​ |  | 10.81
Vested |  | (182,383) | ​ |  | 19.00
Forfeited |  | (17,324) | ​ |  | 19.00
Outstanding at October 1, 2022 |  | 288,896 | ​ | $ | 13.12
Schedule of stock option activity | The following table represents the Company’s stock option activity during the three fiscal quarters ended October 1, 2022: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ |  | ​ | Weighted- |  | Weighted- |  | ​ | ​
​ | ​ | ​ | ​ | ​ | Average | ​ | Average | ​ | ​ | ​
​ | ​ | ​ | ​ | Exercise Price | ​ | Remaining | ​ | Aggregate
​ |  | Shares |  | per Share |  | Contract Term |  | Intrinsic Value
​ |  | ​ |  | ​ | ​ | ​ | (in years) | ​ | (in thousands)
Outstanding on January 1, 2022 |  | 822,886 | ​ | $ | 19.08 |  | ​ | ​ | ​ | ​
Granted |  | 1,500,149 | ​ | ​ | 13.30 |  |  | ​ |  |
Exercised |  | — | ​ |  | — |  |  | ​ |  |
Expired | ​ | (1,557) | ​ | ​ | 19.00 | ​ | ​ | ​ | ​ | ​
Forfeited |  | (240,420) | ​ |  | 17.38 |  |  | ​ |  |
Outstanding at October 1, 2022 |  | 2,081,058 | ​ | $ | 15.11 |  | 9.15 | ​ | $ | —
Vested and expected to vest at October 1, 2022 |  | 2,081,058 | ​ | $ | 15.11 |  | 9.15 | ​ | $ | —
Options exercisable at October 1, 2022 |  | 179,714 | ​ |  | 19.00 |  | 8.26 | ​ |  | —

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock shares. + 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) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_NonvestedRestrictedStockSharesActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + 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 (h)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 14.F) -URI http://asc.fasb.org/extlink&oid=122041274&loc=d3e301413-122809 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5047-113901 + Details
Name: | us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + 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)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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 http://asc.fasb.org/extlink&oid=120381028&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 http://asc.fasb.org/extlink&oid=120381028&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 http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + 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 (f)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration