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Stock-based and Deferred Compensation Plans (Tables)
 12 Months Ended
Dec. 29, 2024
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of compensation cost for share-based payment arrangements, allocation of share-based compensation costs
The Company recognized stock-based compensation expense as follows for the periods indicated:
FISCAL YEAR
(dollars in thousands)202420232022
Stock-based compensation expense, net of capitalized expense (1)$7,415 $11,613 $16,134 
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(1)For 2024, 2023 and 2022, includes a cumulative life-to-date adjustment to decrease expense for PSUs granted in fiscal years 2024 and 2023, 2022 and 2020, respectively, based on updated assumptions regarding the criteria set forth in the award agreements.
Schedule of nonvested performance-based units and restricted stock units activity
The following table presents a summary of the Company’s PSU and RSU activity:
WEIGHTED AVERAGE GRANT DATE FAIR VALUE PER UNITAGGREGATE INTRINSIC VALUE (1)
(in thousands, except per unit data)PSUsRSUsPSUsRSUsPSUsRSUs
Outstanding as of December 31, 2023818 631 $26.92 $23.58 $23,026 $17,757 
Granted290 807 $27.26 $18.76 
Performance adjustment (2)237 — $25.40 $— 
Vested(473)(321)$25.40 $23.73 
Forfeited(150)(73)$27.55 $23.93 
Outstanding as of December 29, 2024722 1,044 $27.42 $19.80 $8,860 $12,814 
Expected to vest as of December 29, 2024 (3)132 1,044 $1,618 $12,814 
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(1)Based on the $28.15 and $12.27 share price of the Company’s common stock on December 29, 2023 and December 27, 2024, the last trading day of the years ended December 31, 2023 and December 29, 2024, respectively.
(2)Represents adjustment to 200% payout for PSUs granted during 2021.
(3)For PSUs, estimated number of units to be issued upon the vesting of outstanding PSUs based on Company performance projections of performance criteria set forth in the 2022, 2023 and 2024 PSU award agreements.
Schedule of employee service share-based compensation, allocation of recognized period costs
The following represents PSU and RSU compensation information for the periods indicated:
FISCAL YEAR
202420232022
(dollars in thousands, except per unit data)
PSUsRSUsPSUsRSUsPSUsRSUs
Grant date fair value per unit (1)$27.26 $18.76 $29.01 $24.18 $26.10 $21.59 
Intrinsic value for vested units$12,593 $8,072 $12,908 $10,275 $7,626 $9,070 
Grant date fair value of vested units$12,025 $7,603 $9,332 $8,257 $6,646 $8,025 
Tax benefits for compensation expense$622 $1,152 $745 $1,528 $348 $1,113 
Unrecognized expense
$2,595 $14,309 
Remaining weighted average vesting period2.2 years2.0 years
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(1)For PSUs, represents a (discount) premium above the grant date per share value of the Company’s common stock for the Relative TSR modifier of (1.6)%, 2.7% and 7.9% for grants during 2024, 2023 and 2022, respectively. For RSUs, the weighted average dividend yield was 4.83%, 3.63% and 2.43% for 2024, 2023 and 2022, respectively.
Performance-based share units  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Monte Carlo schedule of assumptions used to calculate fair value of PSUs
Assumptions used in the Monte Carlo simulation model and the grant date fair value of PSUs granted were as follows for the periods indicated:
FISCAL YEAR
202420232022
Assumptions:
Risk-free interest rate (1)4.37 %4.26 %1.64 %
Dividend yield (2)3.49 %3.47 %2.31 %
Volatility (3)51.41 %51.02 %49.11 %
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(1)Risk-free interest rate is the U.S. Treasury yield curve in effect as of the grant date for the performance period of the unit.
(2)Dividend yield is the level of dividends expected to be paid on the Company’s common stock over the expected term.
(3)Based on the historical volatility of the Company’s stock over the last seven years.
Stock options  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of employee service share-based compensation, allocation of recognized period costs
The following represents stock option compensation information for the periods indicated:
FISCAL YEAR
(dollars in thousands)202420232022
Intrinsic value of options exercised$718 $6,200 $6,367 
Cash received from option exercises, net of tax withholding$4,354 $31,778 $17,888 
Grant date fair value of stock options vested$— $1,037 $7,645 
Tax benefits for stock option compensation expense$111 $757 $1,495 
Schedule of share-based compensation, stock options, activity
The following table presents a summary of the Company’s stock option activity:
(in thousands, except exercise price and contractual life data)OPTIONSWEIGHTED
AVERAGE
EXERCISE
PRICE		WEIGHTED
AVERAGE
REMAINING
CONTRACTUAL
LIFE (YEARS)		AGGREGATE
INTRINSIC
VALUE
Outstanding as of December 31, 20231,725 $21.04 3.2$12,263 
Exercised(298)$23.74 
Forfeited or expired(227)$22.58   
Outstanding and exercisable as of December 29, 2024 (1)1,200 $20.08 2.1$— 
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(1)No stock options were granted during 2024.