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

Stockholders' Equity (Tables)

v3.25.4
Stockholders' Equity (Tables)
 12 Months Ended
Dec. 25, 2025
Equity [Abstract]  
Schedule of Stock Option Activity
The table below summarizes stock option activity for the fiscal year ended December 25, 2025:
Options Weighted
Average
Exercise
Price		 Weighted Average Remaining Contractual Life (Years) Aggregate Intrinsic Value (in thousands)
Outstanding at December 27, 2024
 1,147,400  $ 30.93 
Exercised (153,456) $ 22.50 
Forfeited or expired (4,973) $ 73.60 
Outstanding at December 25, 2025 988,971  $ 32.03  2.2 $ 32,146 
Vested and exercisable at December 25, 2025 988,971  $ 32.03  2.2 $ 32,146 
Schedule of Restricted Stock Unit Activity
The following table summarizes RSU activity during the fiscal year ended December 25, 2025:
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 27, 2024
 589,061  $ 101.03  224,168  $ 96.09  54,650  $ 104.67 
Granted 353,528  $ 94.55  101,483  $ 91.73  —  $ — 
Vested (279,584) $ 99.20  —  $ —  —  $ — 
Forfeited (101,040) $ 99.21  (59,343) $ 94.79  (16,815) $ 104.67 
Unvested at December 25, 2025 561,965  $ 98.20  266,308  $ 94.72  37,835  $ 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 25, 2025:
Service-based Restricted Stock Awards
Shares Weighted Average Grant Date Fair Value
Unvested at December 27, 2024
 3,499  $ 95.68 
Vested (3,499) $ 95.68 
Unvested at December 25, 2025 —  $ —