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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 28, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs
The components and classification of stock-based compensation expense for fiscal years 2018, 2017 and 2016 were as follows (in thousands):
 
2018
 
2017
 
2016
Stock options
$
873

 
$
1,633

 
$
2,455

RSAs and RSUs (time-based)
6,024

 
4,952

 
1,764

PRSUs
3,159

 
6,867

 
3,887

Stock-based compensation expense - continuing operations
10,056

 
$
13,452

 
$
8,106

Discontinued operations
414

 
1,228

 
302

Total stock-based compensation expense
$
10,470

 
$
14,680

 
$
8,408

 
 
 
 
 
 
Cost of sales
$
849

 
$
748

 
$
208

SG&A
9,090

 
9,893

 
6,086

RD&E
112

 
642

 
337

OOE
5

 
2,169

 
1,475

Discontinued operations
414

 
1,228

 
302

Total stock-based compensation expense
$
10,470

 
$
14,680

 
$
8,408

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The following table includes the weighted average grant date fair value of stock options granted to employees during fiscal years 2018, 2017 and 2016 and the related weighted average assumptions used in the Black-Scholes model:
 
2018
 
2017
 
2016
Weighted average fair value of options granted
$
14.89

 
$
12.86

 
$
8.52

Assumptions:
 
 
 
 
 
Expected term (in years)
4.0

 
4.5

 
4.7

Risk-free interest rate
2.21
%
 
1.77
%
 
1.49
%
Expected volatility
39
%
 
37
%
 
27
%
Expected dividend yield
0
%
 
0
%
 
0
%
Schedule of Share-based Compensation, Stock Options, Activity
The following table summarizes stock option activity during the fiscal year ended December 28, 2018:
 
Number of
Stock
Options
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term
(in years)
 
Aggregate
Intrinsic
Value
(in millions)
Outstanding at December 29, 2017
931,353

 
$
30.89

 
 
 
 
Granted
28,447

 
45.13

 
 
 
 
Exercised
(413,317
)
 
30.02

 
 
 
 
Forfeited or expired
(23,700
)
 
41.28

 
 
 
 
Outstanding at December 28, 2018
522,783

 
$
31.88

 
5.8
 
$
23.1

Vested and expected to vest at December 28, 2018
522,783

 
$
31.88

 
5.8
 
$
23.1

Exercisable at December 28, 2018
488,468

 
$
31.37

 
5.6
 
$
21.8

Schedule Of Stock Option Exercise Information
The following table provides certain information relating to the exercise of stock options during fiscal years 2018, 2017 and 2016 (in thousands):
 
2018
 
2017
 
2016
Intrinsic value
$
17,722

 
$
13,928

 
$
690

Cash received
12,409

 
19,324

 
2,821

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
The following table summarizes time-vested RSA and RSU activity during the fiscal year ended December 28, 2018:
 
Time-Vested
Restricted Stock Units and Awards
 
Weighted
Average Grant Date
Fair Value
Nonvested at December 29, 2017
163,431

 
$
35.96

Granted
167,514

 
52.14

Vested
(134,423
)
 
38.88

Forfeited
(54,286
)
 
42.44

Nonvested at December 28, 2018
142,236

 
$
49.78

The following table summarizes the maximum number of PRSUs which could be earned and related activity during the fiscal year ended December 28, 2018:
 
Performance-
Vested
Restricted Stock Units and Awards
 
Weighted
Average Grant Date
Fair Value
Nonvested at December 29, 2017
469,889

 
$
32.37

Granted
159,669

 
45.37

Vested
(161,674
)
 
35.28

Forfeited
(180,750
)
 
35.24

Nonvested at December 28, 2018
287,134

 
$
36.15