Stock-Based Compensation (Tables)

12 Months Ended

Jan. 03, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Option Award Activity

A summary of aggregate option award activity under the Plan as of January 3, 2023, and changes during the fiscal year then ended is presented below:

	Awards	Weighted- Average Exercise Price		Weighted-Average Remaining Contractual Term	Aggregate Intrinsic Value (1) (in thousands)
Outstanding—December 28, 2021	783,412	$	12.26
Granted	—	—
Forfeited or expired	(90,807)	12.07
Exercised	—	—
Outstanding—January 3, 2023	692,605	$	12.36	3.94	$	141
Vested and expected to vest	686,785	$	12.40	3.92	$	141
Exercisable as of January 3, 2023	657,625	$	12.62	3.80	$	141

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(1)Aggregate intrinsic value represents the amount by which fair value of the Company’s stock exceeds the exercise price of the option as of January 3, 2023.

Schedule of Non-vested Restricted Share Units

A summary of the status of the Company’s non-vested restricted share units as of January 3, 2023 and changes during the year then ended is presented below:

	Awards	Weighted- Average Grant Date Fair Value
Outstanding—December 28, 2021	1,164,827	$	8.23
Granted	1,678,080	5.57
Vested	(393,062)	7.51
Forfeited	(126,171)	6.39
Non-vested at January 3, 2023	2,323,674	$	6.45