Common Stock and Stock-Based Compensation (Tables)

3 Months Ended

Mar. 30, 2024

Share-Based Payment Arrangement [Abstract]

Summary of Stock Options under Employee Equity Incentive Plan and Stock Option Plan for Non-Employee Directors

Information related to stock options under the Restated Employee Equity Incentive Plan and the Stock Option Plan for Non-Employee Directors is summarized as follows:

	Shares			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term in Years		Aggregate Intrinsic Value (in thousands)
Outstanding at December 30, 2023		207,810		$	361.53
Forfeited/ Expired		(15,487	)		383.46
Outstanding at March 30, 2024		192,323		$	359.76		4.92	$	6,853
Exercisable at March 30, 2024		127,707		$	322.94		4.26	$	6,538
Vested and expected to vest at March 30, 2024		175,421		$	363.04		4.80	$	6,802

Summary of Vesting Activities of Shares Issued Under Investment Share Program and Restricted Stock Units

The following table summarizes vesting activities of shares issued under the investment share program and restricted stock units:

	Number of Shares			Weighted Average Fair Value
Non-vested at December 30, 2023		114,797		$	373.56
Granted		76,715			289.14
Vested		(31,351	)		385.07
Forfeited		(1,058	)		352.88
Non-vested at March 30, 2024		159,103		$	330.73

Stock-Based Compensation Expense Included in Operating Expenses

The following table provides information regarding stock-based compensation expense included in operating expenses in the accompanying condensed consolidated statements of comprehensive operations:

	Thirteen weeks ended
	March 30, 2024		April 1, 2023
	(in thousands)
Amounts included in advertising, promotional and selling expenses		2,466		2,042
Amounts included in general and administrative expenses		4,661		2,031
Total stock-based compensation expense	$	7,127	$	4,073