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Stockholders' Equity (Tables)
12 Months Ended
Dec. 30, 2021
Equity [Abstract]  
Schedule of Assumptions Used to Estimate the Fair Value of Stock Option Awards Granted
Stock option award grant date fair values were estimated using the Black-Scholes-Merton option pricing model with the following weighted-average assumptions:
Fiscal Year Ended
December 30,
2021
December 31,
2020
December 26,
2019
Weighted average fair value per stock option$41.75$22.27$20.38
Risk-free interest rate0.80%1.17%2.06%
Expected volatility48%39%45%
Expected life (in years)5.405.756.68
Dividend yield—%—%—%
Schedule of Stock Option Activity
The table below summarizes stock option activity for the fiscal year ended December 30, 2021:
OptionsWeighted
Average
Exercise
Price
Weighted Average Remaining Contractual Life (Years)Aggregate Intrinsic Value (in thousands)
Outstanding at January 1, 20213,740,604 $20.72 
Granted66,505 95.68 
Exercised(1,252,566)11.77 
Forfeited or expired(50,889)39.11 
Outstanding at December 30, 20212,503,654 $26.81 5.7$258,395 
Vested and exercisable at December 30, 20211,685,628 $19.58 5.2$186,097 
Schedule of Restricted Stock Unit Activity
The following table summarizes restricted stock unit activity during the fiscal year ended December 30, 2021:
Restricted Stock UnitsWeighted Average Grant Date Fair Value
Unvested at January 1, 2021128,220 $59.40 
Granted129,290 99.78 
Vested(28,631)58.01 
Forfeited(14,101)76.14 
Unvested at December 30, 2021214,778 $82.80 
Schedule of Restricted Stock Award Activity
The following table summarizes restricted stock award activity during the fiscal year ended December 30, 2021:
Restricted Stock Awards
Service-basedPerformance-basedTSR
SharesWeighted Average Grant Date Fair ValueSharesWeighted Average Grant Date Fair ValueSharesWeighted Average Grant Date Fair Value
Unvested at January 1, 2021131,844 $53.72 160,315 $57.70 104,456 $44.28 
Granted29,153 96.86 — — — — 
Vested(13,764)49.70 — — — — 
Forfeited(2,508)46.37 — — — — 
Unvested at December 30, 2021144,725 $62.92 160,315 $57.70 104,456 $44.28