XML 52 R33.htm IDEA: XBRL DOCUMENT v3.8.0.1
Share-Based Compensation (Tables)
12 Months Ended
Dec. 30, 2017
Share-Based Compensation  
Summary of option activity

                                                                                                                                                                                                                   

 

 

Options

 

Weighted
Average
Exercise
Price

 

Weighted Average
Remaining
Contractual
Term

 

Aggregate
Intrinsic
Value

 

 

 

 

 

 

 

 

 

(in thousands)

 

Outstanding at December 31, 2016

 

 

945,083

 

$

22.95

 

 

 

 

 

 

 

Fiscal 2017:

 

 

 

 

 

 

 

 

 

 

 

 

 

Granted

 

 

22,757

 

 

44.87

 

 

 

 

 

 

 

Exercised

 

 

(293,439

)

 

21.88

 

 

 

 

$

5,372

 

Expired

 

 

 

 

 

 

 

 

 

 

 

Forfeited

 

 

(8,684

)

 

24.58

 

 

 

 

 

 

 

​  

​  

Outstanding at December 30, 2017

 

 

665,717

 

 

24.14

 

 

4.00

 

$

13,851

 

​  

​  

​  

​  

Options exercisable at December 30, 2017

 

 

456,639

 

$

22.78

 

 

3.39

 

$

10,123

 

​  

​  

​  

​  

Vested or expected to vest at December 30, 2017

 

 

663,088

 

$

24.13

 

 

4.00

 

$

13,802

 

​  

​  

​  

​  

 

Schedule of weighted average assumptions used to estimate the fair market value of the stock options at the date of grant

                                                                                                                                                                                                   

 

 

2017

 

2016

 

2015

 

Risk-free interest rate

 

 

2.1

%

 

1.3

%

 

1.4

%

Expected volatility

 

 

32

%

 

36

%

 

39

%

Expected dividend yield

 

 

1.5

%

 

1.5

%

 

 

Forfeiture rate

 

 

0.4

%

 

0.5

%

 

1.1

%

Weighted average expected life (in years)

 

 

4.49

 

 

4.58

 

 

4.50

 

 

Summary of options outstanding and options exercisable

                                                                                                                                                                                                               

 

 

Options Outstanding

 

Options Exercisable

 

Range of Exercise
Prices

 

Number
Outstanding at
December 30,
2017

 

Weighted-Average
Remaining
Contractual
Life (years)

 

Weighted-Average
Exercise
Price

 

Number
Exercisable
at December 30,
2017

 

Weighted-Average
Remaining
Contractual
Life (years)

 

Weighted-
Average
Exercise
Price

 

$16.12 - 21.48

 

 

181,630

 

 

2.89

 

$

18.48

 

 

181,630

 

 

2.89

 

$

18.48

 

$21.49 - 26.86

 

 

276,737

 

 

4.07

 

 

21.60

 

 

158,035

 

 

3.48

 

 

21.66

 

$26.87 - 32.23

 

 

184,593

 

 

4.25

 

 

30.98

 

 

116,974

 

 

4.04

 

 

30.98

 

$42.98 - 48.35

 

 

22,757

 

 

9.97

 

 

44.87

 

 

 

 

 

 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Total

 

 

665,717

 

 

4.00

 

$

24.14

 

 

456,639

 

 

3.39

 

$

22.78

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of roll-forward of the outstanding non-vested stock options

                                                                                                                                                                                                   

 

 

Options

 

 

 

Number of
Shares

 

Weighted-Average
Fair Value

 

Non-vested at December 31, 2016

 

 

367,120

 

$

8.74

 

Granted

 

 

22,757

 

 

11.54

 

Vested

 

 

(172,115

)

 

8.80

 

Forfeited

 

 

(8,684

)

 

8.95

 

​  

​  

​  

​  

Non-vested at December 30, 2017

 

 

209,078

 

$

8.98

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of roll-forward of shares of restricted stock

                                                                                                                                                                                                  

 

 

Shares of Restricted Stock

 

 

 

Number of
Shares

 

Weighted-Average
Fair Value

 

Non-vested at December 31, 2016

 

 

62,122

 

$

23.64

 

Granted

 

 

16,494

 

 

36.36

 

Vested

 

 

(25,891

)

 

22.93

 

Forfeited

 

 

 

 

 

​  

​  

​  

​  

Non-vested at December 30, 2017

 

 

52,725

 

$

27.97

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of roll-forward of the time-vesting restricted stock units

                                                                                                                                                                                                    

 

 

Time-Vesting
Restricted Stock Units

 

 

 

Number of
Units

 

Weighted-Average
Fair Value

 

Non-vested at December 31, 2016

 

 

184,751

 

$

24.18

 

Granted

 

 

25,958

 

 

38.38

 

Vested

 

 

(86,547

)

 

23.27

 

Forfeited

 

 

(4,342

)

 

24.58

 

​  

​  

​  

​  

Non-vested at December 30, 2017

 

 

119,820

 

$

27.90

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Summary of outstanding non-vested performance-vesting restricted stock units

                                                                                                                                                                                                                         

 

 

Performance-Vesting
Restricted Stock Units

 

 

 

Number of Units

 

Non-vested at January 3, 2015

 

 

365,468

 

Granted

 

 

204,315

 

Vested

 

 

 

Forfeited

 

 

(11,624

)

​  

​  

Non-vested at January 2, 2016

 

 

558,159

 

​  

​  

​  

​  

Granted

 

 

26,666

 

Vested

 

 

(90,485

)

Forfeited

 

 

(83,187

)

​  

​  

Non-vested at December 31, 2016

 

 

411,153

 

​  

​  

​  

​  

Granted

 

 

32,721

 

Vested

 

 

(98,882

)

Forfeited

 

 

(64,397

)

​  

​  

Non-vested at December 30, 2017

 

 

280,595

 

​  

​  

​  

​