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Share-Based Compensation (Tables)
12 Months Ended
Dec. 26, 2021
Equity [Abstract]  
Schedule of Stock Option Activity The Company’s stock option activity for fiscal year ended December 26, 2021 can be summarized as follows:
Number of SharesWeighted
Average
Exercise
Price
Weighted Average Remaining Contractual
Life (Years)
Stock options outstanding at December 27, 2020656,105 $7.46 6.4
Grants2,135,680 $11.43 9.9
Forfeited— $— 0.0
Expired
— $— 0.0
Stock options outstanding at December 26, 20212,791,785 $10.50 9.1
Stock options exercisable at December 26, 2021579,515 $7.75 6.1
Schedule of Assumptions Used for Stock-based Compensation
The range of assumptions used in the Black-Scholes valuation model to value to options granted in 2021 are as follows:
Expected dividend yield
4.6% - 5.5%
Expected volatility88.8 %
Risk-free interest rate
1.3% - 1.4%
Expected term (in years)6.0