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Stock Based Compensation
 6 Months Ended
Jun. 28, 2024
Share-Based Payment Arrangement [Abstract]  
Stock Based Compensation

7. Stock Based Compensation

During the quarter and six months ended June 28, 2024, the Company issued 5,822 and 423,953 restricted stock units, respectively, at a weighted average grant-date fair value of $21.47 and $23.35 per share, respectively. As of June 28, 2024, the Company had 1,040,808 restricted stock units outstanding at a weighted average grant-date fair value of $21.60 per share. As of June 28, 2024, $15.9 million of total restricted stock unit non-cash compensation expense related to unvested awards had not been recognized and is expected to be recognized over a weighted average period of approximately 2.2 years.

Forfeitures for all of the Company’s outstanding equity awards are recognized as incurred.