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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 28, 2024
Share-Based Payment Arrangement [Abstract]  
Summary of Status of Company's Nonvested Shares A summary of the status of the Company’s nonvested shares and changes during 2024, 2023 and 2022 is presented below.

 

 

2024

 

 

2023

 

 

2022

 

 

 

Shares

 

 

Weighted
Average
Grant-
Date
Price

 

 

Shares

 

 

Weighted
Average
Grant-
Date
Price

 

 

Shares

 

 

Weighted
Average
Grant-
Date
Price

 

Outstanding at beginning of year

 

 

1,203,353

 

 

$

41.75

 

 

 

1,530,962

 

 

$

37.54

 

 

 

1,386,778

 

 

$

30.48

 

Granted

 

 

463,959

 

 

 

46.47

 

 

 

407,028

 

 

 

47.28

 

 

 

933,487

 

 

 

42.81

 

Vested

 

 

(624,785

)

 

 

41.09

 

 

 

(616,705

)

 

 

34.64

 

 

 

(585,563

)

 

 

29.65

 

Forfeited

 

 

(124,818

)

 

 

46.23

 

 

 

(117,932

)

 

 

43.41

 

 

 

(203,740

)

 

 

36.29

 

Outstanding at end of year

 

 

917,709

 

 

$

43.98

 

 

 

1,203,353

 

 

$

41.75

 

 

 

1,530,962

 

 

$

37.54

 

Summary of Performance Based Long Term Incentive Program

A summary of the activity in the performance-based long-term incentive program since inception is presented below.

 

 

 

2024

 

 

2023

 

 

2022

 

 

 

Shares

 

 

Weighted
Average
Grant-
Date
Price

 

 

Shares

 

 

Weighted
Average
Grant-
Date
Price

 

 

Shares

 

 

Weighted
Average
Grant-
Date
Price

 

Outstanding at beginning of year

 

 

1,128,207

 

 

$

45.82

 

 

 

1,457,725

 

 

$

31.84

 

 

 

2,175,831

 

 

$

29.33

 

Granted

 

 

308,039

 

 

 

57.17

 

 

 

774,836

 

 

 

51.22

 

 

 

421,038

 

 

 

45.01

 

Vested

 

 

(388,756

)

 

 

42.07

 

 

 

(1,003,764

)

 

 

19.39

 

 

 

(796,019

)

 

 

29.71

 

Forfeited

 

 

(184,263

)

 

 

49.86

 

 

 

(100,590

)

 

 

45.29

 

 

 

(343,125

)

 

 

30.21

 

Outstanding at end of year

 

 

863,227

 

 

$

52.44

 

 

 

1,128,207

 

 

$

45.82

 

 

 

1,457,725

 

 

$

31.84