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Stock Incentive Plans (Tables)
12 Months Ended
Dec. 29, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Status of the Company's Stock Option Plans
The tables below summarize the status of the Company's stock option plans (in thousands, except exercise price):
Stock Options
SharesWeighted Average Exercise Price
Outstanding, December 31, 2023
117 $62.32 
Granted— — 
Forfeited/expired(36)63.63 
Exercised— — 
Outstanding, December 29, 2024
81 $61.75 
SharesWeighted
Average
Exercise
Price
Weighted
Average
Remaining
Years of
Contractual
Life
Aggregate
Intrinsic Value
Outstanding as of December 29, 2024
81 $61.75 1.26$— 
Vested and expected to vest as of December 29, 2024(1)
81 $61.75 1.26$— 
Exercisable as of December 29, 2024
81 $61.75 1.26$— 
———————————————————
(1)    The expected to vest options are the result of applying the pre-vesting forfeiture rate assumption to total outstanding options. The Company applies estimated forfeiture rates that are derived from our historical forfeitures of similar awards.
The table below summarizes the status of the Company' inducement grants (shares in thousands):
Restricted Stock UnitsPerformance Stock Units
SharesWeighted Average Grant-Date Fair Value (per share)SharesWeighted Average Grant-Date Fair Value (per share)
Outstanding, December 31, 2023
125 $7.57 124 $6.13 
Awarded— — — — 
Forfeited— — — — 
Vested(63)7.57 — — 
Outstanding, December 29, 2024(1)
62 $7.57 124 $6.13 
(1) Awards expected to vest are the result of applying the pre-vesting forfeiture rate assumption to total outstanding awards. The Company applies estimated forfeiture rates that are derived from our historical forfeitures of similar awards.
Schedule of the status of the Company's Restricted Stock Units
The table below summarizes the status of the Company's time-based RSUs under the 2017 Stock Plan and 2024 Stock Plan (shares in thousands):
Restricted Stock Units
SharesWeighted Average Grant-Date Fair Value (per share)
Outstanding, December 31, 2023
599 $12.75 
Awarded761 6.57 
Forfeited(63)11.04 
Vested(260)13.80 
Outstanding, December 29, 2024(1)
1,037 $8.05 
(1) Awards expected to vest are the result of applying the pre-vesting forfeiture rate assumption to total outstanding awards. The Company applies estimated forfeiture rates that are derived from our historical forfeitures of similar awards.
Schedule of status of Company's Performance Based Stock Units
The table below summarizes the status of the Company's performance stock units under the 2017 Stock Plan and the 2024 Stock Plan (shares in thousands):
Performance Stock Units
SharesWeighted Average Grant-Date Fair Value (per share)
Outstanding, December 31, 2023
427 $23.38 
Awarded552 9.11 
Forfeited(43)14.23 
Vested— — 
Outstanding, December 29, 2024(1)
936 $13.62 
(1) Awards expected to vest are the result of applying the pre-vesting forfeiture rate assumption to total outstanding awards. The Company applies estimated forfeiture rates that are derived from our historical forfeitures of similar awards.