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Equity-based compensation (Tables)
9 Months Ended
Sep. 28, 2024
Compensation And Employee Benefit Plans [Abstract]  
Schedule of Nonvested Restricted Stock Units Activity A summary of the RSU award activity for the nine months ended September 28, 2024 is as follows (number of units in thousands):
Number of unitsWeighted-average grant-date fair value per unit
Unvested at December 31, 20232,066 $4.51 
Granted2,463 5.45 
Vested(1,583)4.63 
Forfeited or canceled(146)6.87 
Unvested at September 28, 20242,800 $5.09 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions A summary of the Company’s assumptions used in determining the fair value of the stock options granted during the nine months ended September 28, 2024 is shown in the following table:
Risk-free interest rate
3.9% - 4.3%
Expected dividend yield— %
Expected stock price volatility
36.1% - 36.4%
Expected life of stock options (years)
6.25
Schedule of Stock Options Roll Forward
A summary of stock option activity is as follows for the nine months ended September 28, 2024 (number of options in thousands):
Number of optionsWeighted-average exercise priceWeighted average remaining contractual termAggregate intrinsic value
Outstanding at December 31, 20234,347 $8.68 
Granted1,763 5.18 
Exercised(361)6.28 
Forfeited or canceled(826)10.45 
Outstanding at September 28, 20244,923 7.58 7.54$22,424 
Exercisable and vested at September 28, 20241,871 $10.30 5.56$1,379