XML 49 R34.htm IDEA: XBRL DOCUMENT
v3.20.4

Share-Based Compensation (Tables) | 12 Months Ended
--- | ---
Jan. 02, 2021
Share-based Payment Arrangement [Abstract] |
Schedule of option activity | A summary of option activity during fiscal 2020 from the 2006 Equity Plan is as follows:
| Options |  | Weighted Average Exercise Price |  | Weighted Average Remaining Contractual Term |  | Aggregate Intrinsic Value
|  |  |  |  |  |  | (in thousands)
Outstanding at December 28, 2019 | 444,489 |  |  | $ | 26.31 |  |  |  |  | $ | 12,115 |
Fiscal 2020: |  |  |  |  |  |  |
Granted | — |  |  | — |  |  |  |  |
Exercised | (118,841) |  |  | 18.82 |  |  |  |  | $ | 2,807 |
Expired | — |  |  | — |  |  |  |  |
Forfeited | — |  |  | — |  |  |  |  | $ | — |
Outstanding at January 2, 2021 | 325,648 |  |  | $ | 29.05 |  |  | 2.41 |  | $ | 7,126 |
Option exercisable at January 2, 2021 | 308,735 |  |  | $ | 28.09 |  |  | 2.12 |  | $ | 7,052 |
Vest or expected to vest at January 2, 2021 | 325,569 |  |  | $ | 29.04 |  |  | 2.41 |  | $ | 7,125 |
Schedule of weighted average assumptions used to estimate the fair market value of the stock options at the date of grant | The fair market value of the stock options at the date of grant were estimated using the Black-Scholes option-pricing model with the following weighted average assumptions:
|  | Fiscal Year
|  | 2018
Risk-free interest rate |  | 2.8 | %
Expected volatility |  | 39 | %
Expected dividend yield |  | 1.7 | %
Forfeiture rate |  | 0.4 | %
Weighted average expected life (in years) |  | 10.00
Schedule of roll-forward of the outstanding non-vested stock options | The following table provides a roll-forward of the outstanding non-vested stock options over fiscal 2020:
| Options
| Number of Shares |  | Weighted-Average Grant Date Fair Value
Non-vested at December 28, 2019 | 36,212 |  |  | $ | 14.80 |
Granted | — |  |  | — |
Vested | (19,299) |  |  | 12.76 |
Forfeited | — |  |  | — |
Non-vested at January 2, 2021 | 16,913 |  |  | $ | 17.13 |
Schedule of roll-forward of the shares of restricted stock | The following table provides a roll-forward of the shares of restricted stock under the 2006 Equity Incentive Plan over fiscal 2020:
| Shares of Restricted Stock
| Number of Shares |  | Weighted-Average Grant Date Fair Value
Non-vested at December 28, 2019 | 31,523 |  |  | $ | 38.66 |
Granted | 16,454 |  |  | 36.46 |
Vested | (14,437) |  |  | 34.78 |
Forfeited | — |  |  | — |
Non-vested at January 2, 2021 | 33,540 |  |  | $ | 38.73 |
Schedule of roll-forward of the time-vesting restricted stock units | The following table provides a roll-forward of the time-vesting restricted stock units under the 2006 Equity Incentive Plan over fiscal 2020:
| Time-Vesting Restricted Stock Units
| Number of Units |  | Weighted-Average Grant Date Fair Value
Non-vested at December 28, 2019 | 64,638 |  |  | $ | 43.87 |
Granted | 43,334 |  |  | 46.75 |
Vested | (22,983) |  |  | 41.68 |
Forfeited | — |  |  | — |
Non-vested at January 2, 2021 | 84,989 |  |  | $ | 45.93 |
Schedule of outstanding non-vested performance-vesting restricted stock units | The following table provides a roll-forward of the performance-vesting restricted stock units under the 2006 Equity Incentive Plan over fiscal 2020. For purposes of this table, granted PRSUs are counted based on the maximum number of units that could vest upon achievement of the PRSUs' performance conditions which, for all periods presented, equaled 125% of the PRSUs' target number of units.
| Performance-Vesting Restricted Stock Units
| Number of Units |  | Weighted-Average Grant Date Fair Value
Non-vested at December 28, 2019 | 82,150 |  |  | $ | 45.88 |
Granted | 33,621 |  |  | 52.98 |
Vested | (23,976) |  |  | 39.71 |
Forfeited | (1,215) |  |  | 44.87 |
Non-vested at January 2, 2021 | 90,580 |  |  | $ | 50.06 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_NonvestedRestrictedStockSharesActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested performance-based units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedPerformanceBasedUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in stock options. + References No definition available. + Details
Name: | us-gaap_ScheduleOfStockOptionsRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration