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Equity Incentive Plans (Tables) | 12 Months Ended
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Dec. 31, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Recognized compensation expenses | The Company recognized compensation expense related to the Company Plans for the fiscal years ended December 31, 2012, January 1, 2012 and January 2, 2011 as follows (in thousands): 2012 2011 2010Stock option plan expense $2,539 $2,681 $1,378Restricted stock expense $4,449 $3,432 $3,261
Summary of the activity of stock option awards | A summary of the activity of the Company’s stock options plans is presented below:
|  | Shares |  | Wtd. Avg. Exercise Price |  | Wtd. Avg. Remaining Contractual Term |  | Aggregate Intrinsic Value
|  | (In thousands) |  |  |  |  |  | (In thousands)
Options outstanding at January 1, 2012 [1] |  | 1,601 |  |  | $ | 19.44 |  |  | 6.73 |  | $ | 2,778 |
Granted [2] |  | 96 |  |  | 22.30 |  |  |  |  |
Exercised [1] |  | (593 | ) |  | 15.65 |  |  |  |  |
Forfeited/Canceled [1] |  | (73 | ) |  | 22.93 |  |  |  |  |
Incremental shares granted due to anti-dilution provision existing in the compensation plans |  | 167 |  |  | — |  |  |  |  |
Options outstanding at December 31, 2012 [2] |  | 1,198 |  |  | $ | 18.92 |  |  | 6.85 |  | $ | 11,090 |
Options vested and expected to vest at December 31, 2012 [2] |  | 1,153 |  |  | $ | 18.90 |  |  | 6.79 |  | $ | 10,785 |
Options exercisable at December 31, 2012 [2] |  | 722 |  |  | $ | 17.51 |  |  | 5.95 |  | $ | 7,694 |
[1] Weighted Average Exercise Price reflects initial exercise price and has not been adjusted in the table above for the Adjustment Factor in connection with the Special Dividend. [2] Weighted Average Exercise Price reflects the Adjustment Factor in connection with the Special Dividend. The aggregate intrinsic value in the table above represents the total pretax intrinsic value (i.e., the difference between the Company’s closing stock price on the last trading day of fiscal year 2012 and the exercise price, times the number of shares that are “in the money”) that would have been received by the option holders had all option holders exercised their options on December 31, 2012. This amount changes based on the fair value of the Company’s stock. The following table summarizes information relative to stock option activity during the Company’s fiscal years ended December 31, 2012, January 1, 2012 and January 2, 2011 (in thousands):
|  | 2012 |  | 2011 |  | 2010
Intrinsic value of options exercised |  | $ | 7,051 |  |  | $ | 4,718 |  |  | $ | 21,095 |
Fair value of shares vested |  | $ | 2,062 |  |  | $ | 2,358 |  |  | $ | 2,054 |
Exercise prices and related information of stock option outstanding | The following table summarizes information about the exercise prices and related information of stock options outstanding under the Company Plans at December 31, 2012:
|  | Options Outstanding |  | Options Exercisable
Exercise Prices |  | Number Outstanding |  | Wtd. Avg. Remaining Contractual Life |  | Wtd. Avg. Exercise Price |  | Number Exercisable |  | Wtd. Avg. Remaining Contractual Life |  | Wtd. Avg. Exercise Price
|  | (In thousands) |  |  |  |  |  |  |  |  |  |
3.17 – 5.26 |  | 29 |  |  | 1.0 |  | $ | 4.55 |  |  | 30 |  |  | 1.0 |  | $ | 4.55 |
6.66 – 13.72 |  | 46 |  |  | 2.42 |  | 9.15 |  |  | 45 |  |  | 2.33 |  | 9.03 |
14.44 – 22.26 |  | 1,021 |  |  | 6.97 |  | 19.44 |  |  | 629 |  |  | 6.37 |  | 18.59 |
22.30 – 24.61 |  | 102 |  |  | 9.35 |  | 22.32 |  |  | 18 |  |  | 8.10 |  | 22.36 |
Total |  | 1,198 |  |  | 6.8 |  | $ | 18.92 |  |  | 722 |  |  | 5.95 |  | $ | 17.51 |
Status of non - vested stock options | The following table summarizes the status of non-vested stock options as of January 1, 2012 and changes during the fiscal year ending December 31, 2012:
|  | Number of Shares |  | Wtd. Avg. Grant Date Fair Value
|  | (In thousands) |  |
Options non-vested at January 1, 2012 |  | 605 |  |  | $ | 8.99 |
Granted |  | 96 |  |  | 6.81 |
Vested |  | (184 | ) |  | 8.32 |
Forfeited |  | (41 | ) |  | 8.96 |
Options non-vested at December 31, 2012 |  | 476 |  |  | $ | 8.89 |
Summary of the activity of restricted stock | A summary of the activity of restricted stock is as follows:
|  | Shares |  | Wtd. Avg. Grant date Fair value
|  | (In thousands) |  |
Restricted stock outstanding at January 1, 2012 |  | 442 |  |  | $ | 23.32 |
Granted |  | 315 |  |  | 18.40 |
Vested |  | (145 | ) |  | 23.28 |
Forfeited/Canceled |  | (28 | ) |  | 22.79 |
Restricted stock outstanding at December 31, 2012 |  | 584 |  |  | $ | 20.98 |

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- Definition Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 123R -Paragraph 64 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 123R -Paragraph A240 -Subparagraph f -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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