v3.24.1.u1
STOCK - BASED COMPENSATION (Tables)
 3 Months Ended
Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Activity
The following table summarizes the Company’s stock option activity for the thirteen weeks ended March 31, 2024 and March 26, 2023:
(dollar amounts in thousands except per share amounts)
Number of
Shares
Weighted
Average
Exercise
Price Per
Share
Weighted-Average
Remaining
Contractual Term
(In Years)
Aggregate
Intrinsic
Value
Balance—December 31, 202313,219,388$7.77 5.97$53,758 
Options granted1,720,78215.52 
Options exercised(257,201)7.74 
Options forfeited(80,989)13.51 
Options expired(32,840)18.97 
Balance—March 31, 202414,569,140$8.63 6.26$242,599 
Exercisable—March 31, 202410,419,232$6.92 5.19$191,264 
Vested and expected to vest—March 31, 202414,569,140$8.63 6.26$242,599 
(dollar amounts in thousands except per share amounts)
Number of
Shares
Weighted
Average
Exercise
Price Per
Share
Weighted-Average
Remaining
Contractual Term
(In Years)
Aggregate
Intrinsic
Value
Balance—December 25, 202213,813,922$7.86 6.63$34,454 
Options granted1,014,8447.95 
Options exercised(160,964)4.77 
Options forfeited(256,242)8.66 
Options expired(44,238)11.09 
Balance—March 26, 202314,367,322$7.88 6.75$17,845 
Exercisable—March 26, 20239,945,317$6.24 5.79$17,638 
Vested and expected to vest—March 26, 202314,367,322$7.88 6.75$17,845 
Summary of Restricted Stock Units Activity
The following table summarizes the Company’s RSU activity for the thirteen weeks ended March 31, 2024 and March 26, 2023:

(dollar amounts in thousands except per share amounts)
Number of SharesWeighted-Average Grant Date Fair Value
Balance—December 31, 2023
951,517 $17.41 
   Granted369,031 16.83 
   Released(116,649)18.41 
   Forfeited(25,988)17.47 
Balance—March 31, 2024
1,177,911 17.13 

(dollar amounts in thousands except per share amounts)
Number of SharesWeighted-Average Grant Date Fair Value
Balance—December 25, 2022
1,780,681 $23.40 
   Granted214,431 8.42 
   Released(155,558)22.15 
   Forfeited(229,151)22.65 
Balance—March 26, 2023
1,610,403 $23.77 
Summary of Stock-based Compensation Expense
A summary of stock-based compensation expense recognized during the thirteen weeks ended March 31, 2024 and March 26, 2023 is as follows:

Thirteen weeks ended
(dollar amounts in thousands)March 31,
2024		March 26,
2023
Stock-options$2,336 $2,472 
Restricted stock units1,648 2,745 
Performance stock units5,642 9,048 
Total stock-based compensation$9,626 $14,265