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Shareholders' Equity and Share-Based Compensation (Tables) | 12 Months Ended
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Dec. 30, 2021
Shareholders' Equity and Share-Based Compensation |
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 2021, fiscal 2020 and fiscal 2019:
| Year Ended
| December 30, 2021 |  | December 31, 2020 |  | December 26, 2019
Risk-free interest rate | 0.97 – 1.26% |  | 0.40 – 1.26% |  | 2.50 – 2.60%
Dividend yield | 1.50 – 1.50% |  | 1.70 – 1.90% |  | 1.70%
Volatility | 28 - 53% |  | 27 – 41% |  | 27 – 32%
Expected life | 6 – 8 years |  | 6 – 8 years |  | 6 – 8 years
Schedule of Share-based Compensation, Stock Options, Activity | A summary of the Company’s stock option activity and related information follows:
| Year Ended
| December 30, 2021 |  | December 31, 2020 |  | December 26, 2019
| Options |  | Weighted- Average Exercise Price |  | Options |  | Weighted- Average Exercise Price |  | Options |  | Weighted- Average Exercise Price
Outstanding at beginning of period | 2,234 |  |  | $ | 24.87 |  |  | 1,641 |  |  | $ | 25.46 |  |  | 1,450 |  |  | $ | 21.25 |
Granted | 531 |  |  | 21.74 |  |  | 728 |  |  | 23.47 |  |  | 329 |  |  | 41.67 |
Exercised | (134) |  |  | 11.42 |  |  | (31) |  |  | 12.21 |  |  | (97) |  |  | 15.60 |
Forfeited | (98) |  |  | 26.60 |  |  | (104) |  |  | 28.06 |  |  | (41) |  |  | 30.58 |
Outstanding at end of period | 2,533 |  |  | 24.84 |  |  | 2,234 |  |  | 24.87 |  |  | 1,641 |  |  | 25.46 |
Exercisable at end of period | 1,119 |  |  | $ | 24.76 |  |  | 1,001 |  |  | $ | 20.38 |  |  | 802 |  |  | $ | 18.22 |
Weighted-average fair value of options granted during the period | $ | 9.47 |  |  |  |  | $ | 5.96 |  |  |  |  | $ | 11.79 |  |  |
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range |
| Exercise Price Range
| $12.71 to $20.26 |  | $20.27 to $27.00 |  | $27.01 to $41.90
Options outstanding | 827 |  |  | 765 |  |  | 941 |
Weighted-average exercise price of options outstanding | $ | 16.18 |  |  | $ | 23.66 |  |  | $ | 33.42 |
Weighted-average remaining contractual life of options outstanding | 4.5 |  | 8 |  | 7.2
Options exercisable | 580 |  |  | 205 |  |  | 334 |
Weighted-average exercise price of options exercisable | $ | 17.55 |  |  | $ | 26.96 |  |  | $ | 35.89 |
Schedule of Nonvested Share Activity | A summary of the Company’s non-vested stock activity and related information follows:
| Year Ended
| December 30, 2021 |  | December 31, 2020 |  | December 26, 2019
| Shares |  | Weighted- Average Fair Value |  | Shares |  | Weighted- Average Fair Value |  | Shares |  | Weighted- Average Fair Value
Outstanding at beginning of period | 147 |  |  | $ | 31.02 |  |  | 174 |  |  | $ | 29.16 |  |  | 158 |  |  | $ | 18.98 |
Granted | 251 |  |  | 19.63 |  |  | 42 |  |  | 31.43 |  |  | 39 |  |  | 38.24 |
Vested | (32) |  |  | 30.69 |  |  | (69) |  |  | 26.56 |  |  | (23) |  |  | 18.60 |
Forfeited | (9) |  |  | 19.77 |  |  | — |  |  | — |  |  | — |  |  | — |
Outstanding at end of period | 357 |  |  | $ | 23.32 |  |  | 147 |  |  | $ | 31.02 |  |  | 174 |  |  | $ | 29.16 |

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- Definition Tabular disclosure of the changes in outstanding nonvested 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)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms. + 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 -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- 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=120381028&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=120381028&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=120381028&loc=d3e5070-113901 + Details
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- 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=120381028&loc=d3e5070-113901 + Details
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