Annual report pursuant to Section 13 and 15(d)

Stockholders' Equity (Tables)

v3.25.0.1
Stockholders' Equity (Tables)
12 Months Ended
Dec. 26, 2024
Equity [Abstract]  
Schedule of Stock Option Activity
The table below summarizes stock option activity for the fiscal year ended December 26, 2024:
Options Weighted
Average
Exercise
Price
Weighted Average Remaining Contractual Life (Years) Aggregate Intrinsic Value (in thousands)
Outstanding at December 29, 2023 1,607,341  $ 28.51 
Exercised (457,074) $ 22.13 
Forfeited or expired (2,867) $ 72.09 
Outstanding at December 26, 2024 1,147,400  $ 30.93  3.1 $ 80,544 
Vested and exercisable at December 26, 2024 1,135,906  $ 30.22  3.1 $ 80,477 
Schedule of Restricted Stock Unit Activity
The following table summarizes restricted stock unit activity during the fiscal year ended December 26, 2024:
Restricted Stock Units
Service-based Performance-based Total shareholder return
Shares Weighted Average Grant Date Fair Value Shares Weighted Average Grant Date Fair Value Shares Weighted Average Grant Date Fair Value
Unvested at December 29, 2023 608,140  $ 90.40  188,543  $ 90.38  58,854  $ 104.67 
Granted 257,113  $ 114.91  50,855  $ 115.97  —  $ — 
Vested (226,178) $ 88.78  —  $ —  —  $ — 
Forfeited (50,014) $ 98.35  (15,230) $ 91.75  (4,204) $ 104.67 
Unvested at December 26, 2024 589,061  $ 101.03  224,168  $ 96.09  54,650  $ 104.67 
Schedule of Share-Based Payment Award, Equity Instruments Other Than Options, Valuation Assumptions The grant-date fair value of TSR awards is estimated using a Monte Carlo valuation method, which included the following assumptions for TSR awards granted during fiscal 2023:
Fiscal Year Ended December 28,
2023
Expected term (in years) 2.8
Risk-free interest rate 4.5  %
Expected volatility 49.5  %
Dividend yield —  %
Schedule of Restricted Stock Award Activity The following table summarizes restricted stock award activity during the fiscal year ended December 26, 2024:
Restricted Stock Awards
Service-based
Performance-based (1)
Total shareholder return (1)
Shares Weighted Average Grant Date Fair Value Shares Weighted Average Grant Date Fair Value Shares Weighted Average Grant Date Fair Value
Unvested at December 29, 2023
34,783  $ 66.30  47,662  $ 57.70  31,056  $ 44.28 
Vested (30,889) $ 62.60  (47,662) $ 57.70  (31,056) $ 44.28 
Forfeited (395) $ 95.68  —  $ —  —  $ — 
Unvested at December 26, 2024 3,499  $ 95.68  —  $ —  —  $ — 
(1)The performance-based and total shareholder return restricted stock awards that vested during the period were issued at 100% of target based on achievement of the predetermined performance and total shareholder return criteria as specified in the underlying grant agreements.