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Equity Based Compensation (Tables)
12 Months Ended
Dec. 31, 2022
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Schedule of summary of option activity

A summary of activity related to the options is as follows:

 

 

 

Number of Options

 

 

Weighted Average Exercise Price

 

 

Weighted Average Remaining Contractual Term

 

 

Aggregate Intrinsic Value
(in thousands)

 

Outstanding at December 25, 2021

 

 

301,464

 

 

$

17.00

 

 

 

 

 

 

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

 

 

 

 

 

 

Expired

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited

 

 

(88,286

)

 

 

17.00

 

 

 

 

 

 

 

Outstanding at December 31, 2022

 

 

213,178

 

 

$

17.00

 

 

 

8.6

 

 

$

 

Exercisable at December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The Company estimates the fair value of the options using the Black-Scholes option pricing model. The following table presents the assumptions used in the Black-Scholes model to determine the fair value of the stock options for the year ended December 25, 2021. Black-Scholes assumptions have not been disclosed for any other periods presented as there were no stock options granted in those periods.

 

 

 

For the Year Ended December 25, 2021

 

Expected dividend yield

 

 

0.0

%

Expected volatility

 

 

43.8

%

Risk-free rate

 

 

0.9

%

Expected term (in years)

 

 

6.5

 

Summary of restricted stock awards activity

A summary of activity related to the RSUs is as follows:

 

 

 

Number of RSUs

 

 

Weighted Average Grant Date
Fair Value

 

Outstanding at December 25, 2021

 

 

455,971

 

 

$

17.41

 

Granted

 

 

69,266

 

 

 

21.42

 

Vested

 

 

(157,349

)

 

 

17.33

 

Forfeited

 

 

(82,429

)

 

 

18.30

 

Outstanding at December 31, 2022

 

 

285,459

 

 

$

18.24

 

Schedule Of Stock Based Compensation Expenses

The Company recognized equity-based compensation expense in the following amounts within in selling, general and administrative expense on the Consolidated Statements of Operations:

 

 

 

For the Years Ended

 

 

 

December 31, 2022

 

 

December 25, 2021

 

 

December 26, 2020

 

Class A Common Stock Options

 

$

440

 

 

$

305

 

 

$

 

Restricted Stock Units

 

 

2,839

 

 

 

1,219

 

 

 

 

Time-based Units

 

 

2,277

 

 

 

1,122

 

 

 

2,052

 

2.0x and 2.5x Units

 

 

1,123

 

 

 

7,240

 

 

 

 

3.0x Units

 

 

2,354

 

 

 

1,249

 

 

 

 

Total

 

$

9,033

 

 

$

11,135

 

 

$

2,052

 

Time Based Units [Member]  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Activity

The following table sets forth the activity related to the Time-Based Units for the year ended December 31, 2022:

 

 

 

Number of Time-Based Units

 

 

Weighted Average Grant Date
Fair Value

 

Outstanding at December 25, 2021

 

 

777,761

 

 

$

2.62

 

Granted

 

 

 

 

 

 

Vested

 

 

(371,119

)

 

 

2.58

 

Forfeited

 

 

(97,312

)

 

 

3.09

 

Outstanding at December 31, 2022

 

 

309,330

 

 

$

2.53

 

Two Point Zero And Two Point Five Units [Member]  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Activity

The following table sets forth the activity related to the 2.0x and 2.5x Units for the year ended December 31, 2022:

 

 

 

Number of 2.0x and 2.5x Units

 

 

Weighted Average Grant Date
Fair Value

 

Outstanding at December 25, 2021

 

 

275,031

 

 

$

17.00

 

Granted

 

 

 

 

 

 

Vested

 

 

(72,461

)

 

 

17.00

 

Forfeited

 

 

(129,991

)

 

 

17.00

 

Outstanding at December 31, 2022

 

 

72,579

 

 

$

17.00

 

Three Point Zero Units [Member]  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Activity

The following table sets forth the activity related to the 3.0x Units for the year ended December 31, 2022:

 

 

 

Number of 3.0x Units

 

 

Weighted Average Grant Date
Fair Value

 

Outstanding at December 25, 2021

 

 

610,979

 

 

$

7.75

 

Granted

 

 

 

 

 

 

Vested

 

 

 

 

 

 

Forfeited

 

 

(77,272

)

 

 

7.70

 

Outstanding at December 31, 2022

 

 

533,707

 

 

$

7.76