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

STOCK-BASED COMPENSATION - Summary of Stock Options Granted (Details)

v3.25.4
STOCK-BASED COMPENSATION - Summary of Stock Options Granted (Details) - Employee Stock Option
12 Months Ended
Jan. 03, 2026
$ / shares
shares
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]  
Outstanding, Beginning Balance | shares 46,529
Granted | shares 131,933
Exercised | shares 0
Forfeited/Expired | shares (22,576)
Outstanding, Ending Balance | shares 155,886
Exercisable at December 28, 2024 | shares 4,693 [1]
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]  
Beginning balance, Weighted average excercise price | $ / shares $ 42.29
Granted | $ / shares 39.8
Excercise | $ / shares 0
Forfeited/Expired | $ / shares 39.88
Ending balance, Weighted average excercise price | $ / shares 40.53
Exercisable at December 28, 2024 | $ / shares $ 49.67 [1]
[1]

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

Share Repurchase Plan

On February 20, 2025, the Board approved a multi-year share repurchase program (the "Share Repurchase Program"), authorizing the Company to repurchase up to $100.0 of our outstanding common stock. The Company may purchase shares at management’s discretion from time to time in the open market, through privately negotiated transactions, through investment banking institutions or through other means in accordance with applicable federal securities laws, including Rule 10b5-1 trading plans. To the extent that the Company repurchases its shares, the amount and timing of any repurchases are subject to a variety of factors including, but not limited to, general business and market conditions, share price, regulatory and legal requirements and capital availability. The program does not obligate the Company to acquire a minimum number of shares. The share repurchase program will be funded with cash on hand and cash generated from operations. As of January 3, 2026, the Company has repurchased 330,000 shares under the Share Repurchase Program. As of January 3, 2026, the Company has $86.5 of remaining availability to repurchase outstanding common stock under its Share Repurchase Program.