Stock-Based Compensation (Tables)

12 Months Ended

Jan. 02, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Option Award Activity

A summary of aggregate option award activity under the Plan as of January 2, 2024, 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—January 3, 2023	692,605	$	12.36
Granted	—	—
Forfeited or expired	(30,779)	12.72
Exercised	—	—
Outstanding—January 2, 2024	661,826	$	12.36	2.99	$	—
Vested and expected to vest	661,826	$	12.36	2.99	$	—
Exercisable as of January 2, 2024	661,826	$	12.36	2.99	$	—

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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 2, 2024.

Schedule of Non-vested Restricted Share Units

A summary of the status of the Company’s non-vested restricted stock units as of January 2, 2024 and changes during the year then ended is presented below:

	Awards	Weighted- Average Grant Date Fair Value
Outstanding—January 3, 2023	2,323,674	$	6.45
Granted	2,222,280	4.52
Vested	(793,739)	5.47
Forfeited	(913,450)	6.39
Non-vested at January 2, 2024	2,838,765	$	5.24