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Stock Based Compensation (Tables)
12 Months Ended
Jan. 02, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary Of Stock Option Activity Under The Company's Stock Option Plans

Stock option activity under the Company’s stock option plans for the year ended January 2, 2015 is summarized as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Option Shares

 

 

Weighted Average
Exercise Price

 

Weighted Average

Remaining

Contractual Term

 

 

Aggregate
Intrinsic Value

Outstanding as of December 27, 2013

 

366,714 

 

$

4.39 

 

 

 

 

 

Exercised

 

(8,750)

 

 

                      4.04

 

 

 

 

 

Forfeited or expired

 

(60,297)

 

 

6.35 

 

 

 

 

 

Outstanding as of January 2, 2015

 

297,667 

 

$

4.00 

 

6.79 

 

$

1,399,979 

Exercisable at January 2, 2015

 

17,667 

 

$

3.96 

 

0.44 

 

$

83,798 

 

 

 

 

 

 

 

 

 

 

 

 

A summary of the Company’s stock option activity for the years ended December 27, 2013 and December 28, 2012 was as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 27, 2013

 

December 28, 2012

 

 

Option Shares

 

 

Weighted Average
Exercise Price

 

Option Shares

 

 

Weighted Average
Exercise Price

Outstanding at beginning of year

 

3,898,864 

 

$

4.34 

 

867,375 

 

$

5.53 

Granted (1)

 

 —

 

 

 —

 

3,196,563 

 

 

4.00 

Exercised

 

(109,683)

 

 

4.29 

 

(76,986)

 

 

2.53 

Forfeited or expired (1)

 

(3,422,467)

 

 

4.33 

 

(88,088)

 

 

5.46 

Outstanding at end of year

 

366,714 

 

$

4.39 

 

3,898,864 

 

$

4.34 

Exercisable at end of year

 

86,714 

 

$

5.63 

 

702,301 

 

$

5.86 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

Includes 2,916,563 of unvested performance-based stock options granted in 2012 and subsequently surrendered and replaced with SARs in 2013 and 470,000 vested stock options surrendered in 2013 and replaced with SARs. See SARs discussion below.

Other Information Pertaining To Stock Option Activity

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended

 

 

January 2, 2015

 

December 27, 2013

 

December 28, 2012

Total intrinsic value of stock options exercised

 

$

36 

 

$

163 

 

$

177 

 

 

 

 

 

 

 

 

 

 

 

Summary Information About The Company's Stock Options Outstanding

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options Outstanding

 

Options Exercisable

Range of Exercise Prices

 

Number
Outstanding

 

Weighted Average
Remaining
Contractual Life
(Years)

 

 

Weighted Average
Exercise Price

 

Number
Exercisable

 

 

Weighted Average
Exercise Price

$0.00 - $4.00

 

297,667 

 

6.79 

 

$

4.00 

 

17,667 

 

$

3.96 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary Of Assumptions Used To Determine Fair Value

 

 

 

Expected volatility

 

43% 

Risk-free rate

 

0.35% 

Expected term (in years)

 

2-6

 

Summary Of Activity For Common Stock Subject To Vesting Requirements

 

 

 

 

 

 

 

 

 

Number of Shares of
Common Stock
Subject to Vesting
Requirements

 

Weighted Average
Grant-Date
Fair Value

Nonvested balance as of December 27, 2013

 

 

177,647 

 

$

3.31 

Granted

 

 

164,474 

 

 

6.04 

Vested

 

 

(77,647)

 

 

2.73 

Nonvested balance as of January 2, 2015

 

 

264,474 

 

$

7.54 

 

 

 

 

 

 

 

 

Stock Appreciation Rights (SARs) [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary Of Stock Option Activity Under The Company's Stock Option Plans

 

 

 

 

 

 

 

 

 

 

 

 

Number of SARs

 

Weighted Average
Exercise Price

 

Weighted Average
Fair Value

Outstanding as of December 27, 2013

 

 

3,386,563 

 

$

4.31 

 

$

0.99 

Expired

 

 

(470,000)

 

 

6.25 

 

 

1.23 

Outstanding as of January 2, 2015

 

 

2,916,563 

 

$

4.00 

 

$

0.96 

Exercisable at January 2, 2015

 

 

 —

 

$

 —

 

$

 —

 

 

 

 

 

 

 

 

 

 

 

Summary Of Assumptions Used To Determine Fair Value

 

 

 

Expected volatility

 

43% 

Risk-free rate

 

0.35% 

Expected term (in years)

 

 

Restricted Stock Units (RSUs) [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary Of Restricted Stock Unit Activity

 

 

 

 

 

 

 

 

 

Number of
Restricted
Stock Units

 

Weighted Average
Grant-Date
Fair Value

Nonvested balance as of December 27, 2013

 

 

2,910,304 

 

$

4.17 

Granted

 

 

914,233 

 

 

6.00 

Vested

 

 

(1,321,949)

 

 

3.95 

Forfeited

 

 

(187,375)

 

 

6.51 

Nonvested balance as of January 2, 2015

 

 

2,315,213 

 

$

5.41