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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 29, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of stock-based compensation expense under all share-based payment plans [Table Text Block]
Stock-based compensation expense under all share-based payment plans -- our Employee Stock Purchase Plan, stock option plans, and restricted stock units (“RSUs”) -- was included in the results of operations as follows:
 Three Months EndedSix Months Ended
June 29,
2024
July 1,
2023
June 29,
2024
July 1,
2023
Compensation expense, all share-based payment plans
$3,220 $1,715 $5,127 $3,405 
Schedule of share-based compensation, restricted stock units award activity [Table Text Block] The following table summarizes PRSUs and RSUs as of June 29, 2024.
Restricted Stock UnitsNumber
of
Stock
Units
Weighted-
Average
Grant Date
Value
Weighted-
Average
Remaining
Contractual
Life
Unrecognized
Compensation
Cost
Aggregate
Intrinsic
Value
Unvested, January 1, 2024933,843 $16.02    
Granted243,045 21.95    
Forfeited(6,211)15.33    
Vested(398,760)15.17    
Unvested, June 29, 2024771,917 $18.32 1.7 years$7,698 $17,137 
Employee PRSUs734,286 $18.29 1.7 years$7,271 $16,301 
Nonemployee Director RSUs37,631 $18.97 1.7 years$427 $836 
Schedule of share-based payment award, stock options, valuation assumptions [Table Text Block]
The fair values of stock-based awards granted were estimated at the dates of grant with the following weighted-average assumptions.
 Six Months Ended
June 29,
2024
July 1,
2023
Volatility rate9.5 %9.6 %
Risk-free interest rate4.6 %4.1 %
Expected dividend yield.4 %.4 %
Expected life of awards (years)3.03.0
Schedule of share-based compensation, stock options activity [Table Text Block] The following table summarizes activity under the stock option plans for the six months ended June 29, 2024.
Stock OptionsNumber
of
Options
Outstanding
Weighted-
Average
Exercise
Price
Weighted-
Average
Remaining
Contractual
Life
Aggregate
Intrinsic
Value
Outstanding, January 1, 20241,688,831 $9.04   
Granted— —   
Exercised(264,829)7.38   
Forfeited(80,600)6.60   
Outstanding, June 29, 2024
1,343,402 $9.51 3.5 years$17,048 
Exercisable, June 29, 2024
1,273,443 $9.37 3.4 years$16,338