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Share-Based Compensation (Tables)
12 Months Ended
Dec. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of payment award, employee stock purchase plan, valuation assumptions The following table summarizes the assumptions used to compute the current fair value of our cash-settled SARs:
 
 
December 30, 2017
 
December 31, 2016
Expected volatility
 
33.80
%
 
71.81
%
Risk-free interest rate
 
1.55
%
 
1.04
%
Expected term (in years)
 
0.54

 
1.54

Expected dividend yield
 
Not applicable

 
Not applicable

Schedule of activity for restricted stock and restricted stock units The following table summarizes activity for our restricted stock awards during fiscal 2017:
 
Restricted Stock Awards
 
Number of
Awards
 
Weighted
Average Fair
Value
Outstanding as of December 31, 2016
98,560

 
$
13.19

Granted

 

Vested (1)
(81,893
)
 
14.10

Forfeited

 

Outstanding as of December 30, 2017
16,667

 
$
9.90

(1) 
The total fair value vested in fiscal 2017, fiscal 2016, and fiscal 2015 was $1.2 million, $1.1 million, and $1.5 million, respectively.The following table summarizes activity for our restricted stock units during fiscal 2017:
 
Restricted Stock Units
 
Number of
Awards
 
Weighted
Average Fair
Value
Outstanding as of December 31, 2016
270,450

 
$
7.32

Granted
98,396

 
7.30

Vested (1)
(100,390
)
 
6.79

Forfeited
(26,094
)
 
8.32

Outstanding as of December 30, 2017
242,362

 
$
7.41

(1) 
The total fair value of restricted stock units vested in fiscal 2017 and 2016 was $0.7 million and $0.6 million, respectively. No restricted stock units vested in fiscal year 2015.
Schedule of activity for performance shares The following table summarizes activity for our performance share awards during fiscal 2017:
 
Performance Shares
 
Number of
Awards
 
Weighted
Average Fair
Value
Outstanding as of December 31, 2016
67,000

 
$
9.35

Granted

 

Vested (1)

 

Forfeited
(7,000
)
 
9.80

Outstanding at December 30, 2017
60,000

 
$
9.29

(1) 
No performance share awards vested in fiscal 2017. The total fair value vested in fiscal 2016 and 2015 was $1.6 million and $1.7 million, respectively, from a prior tranche of performance shares which were issued in fiscal 2013 and fully vested in fiscal 2016.
Schedule of outstanding employee stock options The tables below summarize activity and include certain additional information related to our outstanding stock options granted under the 2004 Plan and 2006 Plan for the year ended December 30, 2017. The maximum contractual term for stock options was ten years from the grant date, and the remaining outstanding final tranche of options as of December 30, 2017, presented below, expire on March 10, 2018. There were no new employee stock option grants and no stock option exercises during fiscal years 2017, 2016, and 2015.
 
Options
 
Shares
 
Weighted
Average
Exercise
Price
Outstanding as of December 31, 2016
75,000

 
$
46.60

Granted

 

Exercised

 

Forfeited

 

Expired

 

Outstanding and exercisable as of December 30, 2017
75,000

 
$
46.60

Schedule of expense for restricted stock, performance shares, restricted stock units, and stock options, net of estimated forfeitures Total share-based compensation expense from our share-based awards was as follows:
 
Fiscal Year Ended December 30, 2017
 
Fiscal Year Ended December 31, 2016
 
Fiscal Year Ended January 2, 2016
 
(In thousands)
Restricted Stock and Restricted Stock Units
$
1,406

 
$
1,872

 
$
1,700

Performance Shares
452

 
92

 
127

Cash-settled Stock Appreciation Rights
622

 
375

 

Stock Options

 

 

Total
$
2,480

 
$
2,339

 
$
1,827