Annual report [Section 13 and 15(d), not S-K Item 405]

Stock-Based Compensation (Tables)

v3.25.4
Stock-Based Compensation (Tables)
 12 Months Ended
Jan. 03, 2026
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Summary of Restricted Stock and RSU Activity

The following table summarizes RSU activity for the 2025 fiscal year:

 

 

Number of
Units
(in thousands)

 

 

Weighted Average
Grant-Date
Fair Value per Share

 

Nonvested balance at December 28, 2024

 

 

224

 

 

$

49.13

 

Granted

 

 

133

 

 

 

40.14

 

Vested

 

 

(141

)

 

 

49.28

 

Forfeited

 

 

(32

)

 

 

45.54

 

Nonvested balance at January 3, 2026

 

 

184

 

 

$

43.13

 

Included in the nonvested balance at January 3, 2026, is 57,118 nonvested performance-based RSUs.

Summary of Stock Options Granted Related to stock options, the Company recognized an expense of $0.8 for the year ended January 3, 2026 and a net benefit of $1.6 for the year ended December 28, 2024.

 

 

 

Number of
Shares
(not rounded)

 

 

Weighted Average
Exercise Price

 

Outstanding at December 28, 2024

 

 

46,529

 

 

$

42.29

 

Granted

 

 

131,933

 

 

 

39.80

 

Exercised

 

 

—

 

 

 

—

 

Forfeited/Expired

 

 

(22,576

)

 

 

39.88

 

Outstanding at January 3, 2026

 

 

155,886

 

 

 

40.53

 

Exercisable at January 3, 2026 (A)

 

 

4,693

 

 

 

49.67

 

(A) Options expire between the years 2030-2032 with strike prices between $39.75 - $55.03.