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Stock-Based Compensation (Tables)
12 Months Ended
Jan. 03, 2021
Share-based Payment Arrangement [Abstract]  
Summary of Status of Nonvested Restricted Stock Awards and Units
A summary of the status of nonvested restricted stock under the EIP as of year-end 2020 and changes during this period is presented as follows below (in thousands of shares except per share data):
 
Restricted
Stock
Weighted
Average
Grant Date
Fair Value
Nonvested at year-end 2019360 $24.92 
Granted80 15.97 
Vested(120)24.03 
Forfeited(39)24.88 
Nonvested at year-end 2020281 $22.74 
Summary of Status of Nonvested Performance Share Awards
A summary of the status of all nonvested performance shares at target for 2020 is presented as follows below (in thousands of shares except per share data). The majority of the vested shares in the table below is related to the 2017 performance share grant, which cliff-vested after approval from the Compensation Committee during the first quarter of 2020. The majority of the forfeited shares in the table below is related to the separation of two former senior officers during the third quarter of 2020. The vesting adjustment in the table below represents the 2017 Total Shareholder Return ("TSR") performance shares that did not vest because actual achievement was below the threshold level and resulted in no payout.

Financial Measure
Performance Shares
TSR
Performance Shares
SharesWeighted Average Grant Date Fair ValueSharesWeighted Average Grant Date Fair Value
Nonvested at year-end 2019502 $24.21 114 $25.24 
Granted115 22.59 — — 
Vested(155)24.02 — — 
Forfeited(96)24.85 (5)31.38 
Vesting Adjustment— — (62)20.15 
Nonvested at year-end 2020366 $22.40 47 $31.38