Annual report pursuant to Section 13 and 15(d)

Stock Incentive Plans (Tables)

v3.24.0.1
Stock Incentive Plans (Tables)
12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Status of the Company's Stock Option Plans
The tables below summarize the status of the Company's stock option plans (in thousands, except exercise price):
Stock Options
Shares Weighted Average Exercise Price
Outstanding, December 25, 2022
419  $ 37.69 
Granted —  — 
Forfeited/expired (158) 42.32 
Exercised (144) 12.61 
Outstanding, December 31, 2023
117  $ 62.32 
Shares Weighted
Average
Exercise
Price
Weighted
Average
Remaining
Years of
Contractual
Life
Aggregate
Intrinsic Value
Outstanding as of December 31, 2023
117  $ 62.32  1.83 $ — 
Vested and expected to vest as of December 31, 2023(1)
116  $ 62.32  1.83 $ — 
Exercisable as of December 31, 2023
116  $ 62.32  1.83 $ — 
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(1)    The expected to vest options are the result of applying the pre-vesting forfeiture rate assumption to total outstanding options. The Company applies estimated forfeiture rates that are derived from our historical forfeitures of similar awards.
The table below summarizes the status of the Company' inducement grants (shares in thousands):
Restricted Stock Units Performance Stock Units
Shares Weighted Average Grant-Date Fair Value (per share) Shares Weighted Average Grant-Date Fair Value (per share)
Outstanding, December 25, 2022
188  $ 7.57  124  $ 6.13 
Awarded —  —  —  — 
Forfeited —  —  —  — 
Vested (63) 7.57  —  — 
Outstanding, December 31, 2023(1)
125  $ 7.57  124  $ 6.13 
(1) Awards expected to vest are the result of applying the pre-vesting forfeiture rate assumption to total outstanding awards. The Company applies estimated forfeiture rates that are derived from our historical forfeitures of similar awards.
Schedule of the status of the Company's Restricted Stock Units
The table below summarizes the status of the Company's time-based RSUs under the 2017 and 2007 Stock Plans (shares in thousands):
Restricted Stock Units
Shares Weighted Average Grant-Date Fair Value (per share)
Outstanding, December 25, 2022
432  $ 19.05 
Awarded 565  11.93 
Forfeited (232) 20.13 
Vested (166) 15.96 
Outstanding, December 31, 2023(1)
599  $ 12.75 
(1) Awards expected to vest are the result of applying the pre-vesting forfeiture rate assumption to total outstanding awards. The Company applies estimated forfeiture rates that are derived from our historical forfeitures of similar awards.
Schedule of status of Company's Performance Based Stock Units
The table below summarizes the status of the Company's performance stock units under the 2017 Stock Plan (shares in thousands):
Performance Stock Units
Shares Weighted Average Grant-Date Fair Value (per share)
Outstanding, December 25, 2022
233  $ 34.82 
Awarded 369  18.95 
Forfeited (175) 29.41 
Vested —  — 
Outstanding, December 31, 2023(1)
427  $ 23.38 
(1) Awards expected to vest are the result of applying the pre-vesting forfeiture rate assumption to total outstanding awards. The Company applies estimated forfeiture rates that are derived from our historical forfeitures of similar awards.