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Shareholders' Equity and Stock-Based Compensation (Tables) | 12 Months Ended
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Dec. 29, 2016
Stock Holders Equity And Share Based Compensation [Abstract] |
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions | The Company estimated the fair value of stock options using the Black-Scholes option pricing model with the following assumptions used for awards granted during fiscal 2016, the Transition Period, fiscal 2015 and fiscal 2014:
|  | Year Ended |  | 31 Weeks Ended |  | Year Ended |  | Year Ended
|  | December 29, 2016 |  | December 31, 2015 |  | May 28, 2015 |  | May 29, 2014
Risk-free interest rate |  | 1.07 – 1.64% |  | 1.30 – 2.13% |  | 1.31 – 2.32% |  | 1.04 – 2.38%
Dividend yield |  | 2.29% |  | 2.26% |  | 2.5% |  | 2.7%
Volatility |  | 29 – 48% |  | 36 – 48% |  | 37 – 49% |  | 41 – 49%
Expected life |  | 4 – 9 years |  | 4 – 9 years |  | 4 – 9 years |  | 4 – 9 years
Schedule of Share-based Compensation, Stock Options, Activity | A summary of the Company’s stock option activity and related information follows:
|  | December 29, 2016 |  | December 31, 2015 |  | May 28, 2015 |  | May 29, 2014 |
|  |  |  |  | Weighted- |  |  |  |  | Weighted- |  |  |  |  | Weighted- |  |  |  |  | Weighted |
|  |  |  |  | Average |  |  |  |  | Average |  |  |  |  | Average |  |  |  |  | Average |
|  |  |  |  | Exercise |  |  |  |  | Exercise |  |  |  |  | Exercise |  |  |  |  | Exercise |
|  | Options |  | Price |  | Options |  | Price |  | Options |  | Price |  | Options |  | Price |
|  | (options in thousands) |
Outstanding at beginning of period |  |  | 1,707 |  | $ | 15.71 |  |  | 1,526 |  | $ | 14.75 |  |  | 1,566 |  | $ | 14.06 |  |  | 1,949 |  | $ | 14.03 |
Granted |  |  | 185 |  |  | 19.45 |  |  | 284 |  |  | 20.22 |  |  | 276 |  |  | 18.35 |  |  | 291 |  |  | 13.16 |
Exercised |  |  | (245) |  |  | 16.23 |  |  | (68) |  |  | 12.69 |  |  | (215) |  |  | 13.81 |  |  | (437) |  |  | 12.81 |
Forfeited |  |  | (84) |  |  | 18.21 |  |  | (35) |  |  | 16.25 |  |  | (101) |  |  | 15.87 |  |  | (237) |  |  | 14.16 |
Outstanding at end of period |  |  | 1,563 |  |  | 15.94 |  |  | 1,707 |  |  | 15.71 |  |  | 1,526 |  |  | 14.75 |  |  | 1,566 |  |  | 14.06 |
Exercisable at end of period |  |  | 904 |  | $ | 14.28 |  |  | 961 |  | $ | 14.57 |  |  | 840 |  | $ | 14.90 |  |  | 909 |  | $ | 15.29 |
Weighted-average fair value of options granted during the period |  |  |  |  | $ | 5.94 |  |  |  |  | $ | 6.57 |  |  |  |  | $ | 5.98 |  |  |  |  | $ | 4.52 |
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range |
|  | Exercise Price Range |
|  | $10.00 to |  | $13.13 to |  | $18.35 to |
|  | $13.12 |  | $18.34 |  | $31.55 |
|  | (options in thousands) |
Options outstanding |  |  | 575 |  |  | 487 |  |  | 501 |
Weighted-average exercise price of options outstanding |  | $ | 12.13 |  | $ | 16.27 |  | $ | 20.00 |
Weighted-average remaining contractual life of options outstanding |  |  | 5.2 |  |  | 4.6 |  |  | 7.8 |
Options exercisable |  |  | 462 |  |  | 353 |  |  | 89 |
Weighted-average exercise price of options exercisable |  | $ | 11.90 |  | $ | 15.51 |  | $ | 21.68 |
Schedule of Nonvested Share Activity | A summary of the Company’s non-vested stock activity and related information follows:
|  | December 29, 2016 |  | December 31, 2015 |  | May 28, 2015 |  | May 29, 2014 |
|  |  |  | Weighted- |  |  |  | Weighted- |  |  |  | Weighted- |  |  |  | Weighted |
|  |  |  | Average |  |  |  | Average |  |  |  | Average |  |  |  | Average |
|  |  |  | Fair |  |  |  | Fair |  |  |  | Fair |  |  |  | Fair |
|  | Shares |  | Value |  | Shares |  | Value |  | Shares |  | Value |  | Shares |  | Value |
|  | (options in thousands) |
Outstanding at beginning of period |  |  | 134 |  | $ | 16.54 |  |  | 114 |  | $ | 15.39 |  |  | 98 |  | $ | 13.61 |  |  | 97 |  | $ | 12.92 |
Granted |  |  | 36 |  |  | 24.54 |  |  | 34 |  |  | 19.24 |  |  | 30 |  |  | 19.38 |  |  | 37 |  |  | 14.14 |
Vested |  |  | (25) |  |  | 12.13 |  |  | (14) |  |  | 12.55 |  |  | (14) |  |  | 11.72 |  |  | (25) |  |  | 12.01 |
Forfeited |  |  | (2) |  |  | 18.72 |  |  | – |  |  | – |  |  | – |  |  | – |  |  | (11) |  |  | 12.93 |
Outstanding at end of period |  |  | 143 |  |  | 19.30 |  |  | 134 |  |  | 16.54 |  |  | 114 |  |  | 15.39 |  |  | 98 |  |  | 13.61 |

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