XML 53 R40.htm IDEA: XBRL DOCUMENT v3.22.0.1
Share-Based Compensation (Tables)
12 Months Ended
Dec. 29, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of Total Share-Based Compensation
Total share-based compensation expense included as a component of net income (loss) was as follows:
 
 Fiscal Year Ended
 December 29, 2021December 30, 2020December 25, 2019
 (In thousands)
Employee share awards$12,708 $7,104 $5,765 
Restricted stock units for board members894 844 929 
Total share-based compensation$13,602 $7,948 $6,694 
Schedule of Restricted Stock Units Activity The following table summarizes the employee share awards activity during the year ended December 29, 2021:
 UnitsWeighted Average Grant Date
Fair Value
 
 (In thousands)
Outstanding, beginning of year1,563 $12.91 
Granted742 $21.83 
Converted(218)$17.87 
Forfeited(11)$14.25 
Outstanding, end of year2,076 $15.57 
Convertible, end of year1,008 $13.08 
Schedule of Grant Date Fair Value and Related Assumptions of PSUs
The grant date fair value of PSUs and the related assumptions used in the Monte Carlo simulation to record share-based compensation in each fiscal year are as follows:

 December 29, 2021December 30, 2020December 25, 2019
Risk-free interest rate0.18 %0.16 %2.54 %
Expected term (in years)3.01.253.0
Expected volatility64.9 %59.5 %27.4 %
Expected dividend yield0.0 %0.0 %0.0 %
Grant date fair value per unit$24.74 $8.24 $20.47 
Schedule of Stock Options Outstanding and Exercisable
The following table summarizes information about stock options outstanding and exercisable at December 29, 2021:
 OptionsWeighted Average Exercise Price
 (In thousands, except per share amounts)
Outstanding, beginning of year30 $3.89 
Exercised(30)$3.89 
Outstanding, end of year— 
Exercisable, end of year—