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Share-Based Compensation
9 Months Ended
Sep. 28, 2024
Share-Based Payment Arrangement [Abstract]  
Share-Based Compensation Share-Based Compensation
During the three and nine months ended September 28, 2024, the Company incurred stock compensation expense of $3.2 million and $6.9 million, respectively. Expense in the nine months ended September 28, 2024 included a credit of $1.7 million (recognized in fiscal second quarter 2024) related to cumulative adjustments for certain unvested restricted stock unit grants that were granted in June 2022 and are subject to vesting based, in part, on performance criteria that are not expected, as of September 28, 2024, to be fully achieved before the end of the vesting period on June 28, 2025.

As of September 28, 2024, unearned compensation for share-based grants was $23.0 million, with $14.2 million of this amount associated with grants made in the first nine months of fiscal 2024. Under the Company’s 2021 BlueLinx Holdings, Inc. 2021 Long-Term Incentive Plan as of September 28, 2024, 506,044 shares of common stock remain available for future issuance pursuant to equity-based compensation awards.
For the three and nine months ended September 30, 2023, the Company incurred stock compensation expense of $3.0 million and $9.5 million, respectively. This expense included expense for the acceleration of unrecognized compensation cost in conjunction with certain changes in the Company’s executive management.