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SHARE-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 29, 2024

Share-Based Payment Arrangement [Abstract]

Valuation Assumptions Used For Stock Options

The following assumptions were used to estimate the fair value of stock options for the years ended: 

			December 29, 2024						December 31, 2023						January 1, 2023
Weighted-average fair value of awards			$	5.95					$	3.00					$	5.17
Weighted-average risk-free interest rate			4.0			%			4.2			%			2.7			%
Weighted-average dividend yield			$	0.45					$	0.60					$	0.54
Weighted-average volatility factor			52.2			%			52.8			%			54.6			%
Weighted-average expected life			10.0			yrs			10.0			yrs			10.0			yrs

Stock Option Activity

A summary of stock option activity is presented as follows: 

						Number of Shares						Weighted Average Exercise Price Per Share						Weighted Average Remaining Contractual Life						Total Intrinsic Value of Options (in thousands)
Awards outstanding at December 26, 2021						695,329						$	16.91					6.7						$	665
Granted						164,000						$	12.87
Exercised						(1,000)						$	9.75
Forfeited / Canceled						(36,650)						$	17.65
Awards outstanding at January 1, 2023						821,679						$	16.08					6.4						$	1,907
Granted						126,470						$	10.02
Exercised						(4,800)						$	6.25
Forfeited / Canceled						(21,039)						$	17.38
Awards outstanding at December 31, 2023						922,310						$	15.30					6.0						$	104
Granted						40,000						$	8.80
Exercised						(38,798)						$	6.74
Forfeited / Canceled						(21,900)						$	14.31
Awards outstanding at December 29, 2024						901,612						$	15.41					5.3						$	—
Awards exercisable at December 31, 2023						663,740						$	16.84					5.0						$	103
Awards exercisable at December 29, 2024						717,076						$	16.59					4.6						$	—

Schedule of Nonvested Share Activity

						Number of Shares						Weighted Average Grant Date Fair Value
Non-vested outstanding at December 31, 2023						258,570						$	7.84
Non-vested outstanding at December 29, 2024						184,536						$	7.94

Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity

A summary of restricted stock activity is presented as follows: 

						Number of Shares						Weighted Average Grant Date Fair Value
Restricted outstanding at December 26, 2021						60,844						$	11.91
Issued						32,344						$	13.14
Vested						(31,168)						$	11.79
Restricted outstanding at January 1, 2023						62,020						$	12.21
Issued						57,974						$	11.22
Vested						(43,303)						$	11.71
Forfeited / Canceled						(967)						$	12.62
Restricted outstanding at December 31, 2023						75,724						$	11.73
Issued						50,790						$	8.86
Vested						(51,694)						$	11.38
Restricted outstanding at December 29, 2024						74,820						$	10.02
Nonvested outstanding at December 31, 2023						75,724						$	11.73
Nonvested outstanding at December 29, 2024						74,820						$	10.02

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Tabular disclosure of the changes in outstanding nonvested shares.

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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