v3.24.3
Share-Based Compensation (Tables)
 9 Months Ended
Sep. 29, 2024
Share-Based Payment Arrangement [Abstract]  
Summary of Share-Based Compensation Awards Granted
During the thirty-nine weeks ended September 29, 2024, the Company granted the following share-based compensation awards under the 2022 Incentive Plan:
Grant DateRSUsPSAsOptions
March 19, 2024272,855103,584135,783
June 4, 20241,538——
September 4, 202415,024——
Total289,417103,584135,783
Weighted-average grant date fair value$63.14 $61.15 $23.50 
Weighted-average exercise price$— $— $61.15 
Summary of Share-Based Compensation Expense
The Company presents share-based compensation expense in selling, general and administrative expenses on the Company’s consolidated statements of income. The amount recognized was as follows:
Thirteen weeks endedThirty-nine weeks ended
September 29, 2024October 1, 2023September 29, 2024October 1, 2023
Share-based compensation expense$6,659 $5,270 $19,925 $14,731 
Summary of Outstanding Share-Based Awards
The following share-based awards were outstanding under the 2022 and 2013 Incentive Plans as of September 29, 2024 and October 1, 2023:
As of
September 29, 2024October 1, 2023
(in thousands)
Options
Vested454567
Unvested317469
RSUs618897
PSAs370471
Summary of Total Unrecognized Compensation Expense and Remaining Weighted Average Recognition Period Related to Outstanding Share-Based Awards
As of September 29, 2024, total unrecognized compensation expense and remaining weighted average recognition period related to outstanding share-based awards were as follows:
Unrecognized
compensation
expense		Remaining
weighted
average
recognition
period
Options$4,037 1.7
RSUs21,131 1.6
PSAs10,530 1.4
Total unrecognized compensation expense at September 29, 2024$35,698