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Stock-Based Compensation (Tables) | 3 Months Ended
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Mar. 29, 2025
Share-Based Payment Arrangement [Abstract] |
Summary of stock-based compensation expense | The following table summarizes the Company’s stock-based compensation expense (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Fiscal Quarter Ended | ​ | ​
​ | ​ | March 29, 2025 |  | March 30, 2024 | ​ | ​
Selling, general, and administrative | ​ | $ | 1,971 | ​ | $ | 1,243 | ​ | ​
​ | ​ | $ | 1,971 | ​ | $ | 1,243 | ​ | ​
Share-Based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block] | The following table represents the Company’s restricted stock units activity during the fiscal quarter ended March 29, 2025: ​
​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Weighted-
​ | ​ | ​ | ​ | Average Grant-
​ | ​ | Shares | ​ | Date Fair Value
Outstanding at January 1, 2025 |  | 4,200,759 | ​ | $ | 3.12
Granted |  | 798,077 | ​ |  | 7.31
Vested |  | (941,370) | ​ |  | 3.20
Forfeited |  | (56,405) | ​ |  | 3.16
Outstanding at March 29, 2025 |  | 4,001,061 | ​ | $ | 3.93
Share-Based Payment Arrangement, Option, Activity [Table Text Block] | The following table represents the Company’s stock option activity during the fiscal quarter ended March 29, 2025: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ |  | ​ | Weighted- |  | Weighted- |  | ​ | ​
​ | ​ | ​ | ​ | ​ | Average | ​ | Average | ​ | ​ | ​
​ | ​ | ​ | ​ | Exercise Price | ​ | Remaining | ​ | Aggregate
​ |  | Shares |  | per Share |  | Contract Term |  | Intrinsic Value
​ |  | ​ |  | ​ | ​ | ​ | (in years) | ​ | (in thousands)
Outstanding at January 1, 2025 |  | 1,383,738 | ​ | $ | 15.20 |  | ​ | ​ | ​ | ​
Granted |  | — | ​ | ​ | — |  |  | ​ |  |
Exercised |  | — | ​ |  | — |  |  | ​ |  |
Forfeited |  | — | ​ | ​ | — |  |  | ​ |  |
Expired | ​ | — | ​ | ​ | — | ​ | ​ | ​ | ​ | ​
Outstanding at March 29, 2025 |  | 1,383,738 | ​ | $ | 15.20 |  | 6.61 | ​ | $ | 83
Vested and expected to vest at March 29, 2025 |  | 1,383,738 | ​ | $ | 15.20 |  | 6.61 | ​ | $ | 83
Options exercisable at March 29, 2025 |  | 976,745 | ​ | $ | 15.72 |  | 6.58 | ​ | $ | 42
Schedule of stock appreciation rights activity | The following table represents the Company’s stock appreciation rights activity during the quarter ended March 29, 2025:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ |  | ​ | Weighted- |  | Weighted- |  | ​ | ​
​ | ​ | ​ | ​ | ​ | Average | ​ | Average | ​ | ​ | ​
​ | ​ | ​ | ​ | Exercise Price | ​ | Remaining | ​ | Aggregate
​ |  | Shares |  | per Share |  | Contract Term |  | Intrinsic Value
​ |  | ​ |  | ​ | ​ | ​ | (in years) | ​ | (in thousands)
Outstanding at January 1, 2025 |  | 660,556 | ​ | $ | 3.15 |  | ​ | ​ | ​ | ​
Granted |  | — | ​ | ​ | — |  |  | ​ |  |
Exercised |  | — | ​ |  | — |  |  | ​ |  |
Forfeited |  | — | ​ |  | — |  |  | ​ |  |
Outstanding at March 29, 2025 |  | 660,556 | ​ | $ | 3.15 |  | 8.13 | ​ | $ | 2,168
Vested and expected to vest at March 29, 2025 |  | 660,556 | ​ | $ | 3.15 |  | 8.13 | ​ | $ | 2,168
Stock appreciation rights exercisable at March 29, 2025 |  | 292,602 | ​ | $ | 3.19 |  | 8.12 | ​ | $ | 949
Schedule of PSU activity | The following table represents the Company’s PSU activity during the fiscal quarter ended March 29, 2025:
​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ |  |  | Weighted-
​ | ​ | ​ | ​ |  | Average
​ | ​ | ​ | ​ |  | Grant Date
​ |  | Shares |  |  | Fair Value
​ |  | ​ |  | ​ | ​
Outstanding at January 1, 2025 |  | 807,771 | ​ | $ | 2.91
Granted |  | 325,613 | ​ | ​ | 7.33
Adjustment for performance achievement (1) |  | — | ​ | ​ | —
Forfeited |  | — | ​ | ​ | —
Outstanding at March 29, 2025 |  | 1,133,384 | ​ | $ | 4.18
​
| (1) | Represents the adjustment to previously granted PSUs based on performance expectations as of the end of each respective fiscal year.
| (2) | An additional 325,613 PSUs could potentially be included if the maximum performance level of 200% is earned for all PSUs granted during the fiscal quarter ended March 29, 2025.

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