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SHARE-BASED COMPENSATION
 3 Months Ended
Mar. 27, 2022
Share-based Payment Arrangement [Abstract]  
Share-Based Compensation SHARE-BASED COMPENSATION
Stock Options

For the thirteen week periods ended March 27, 2022 and March 28, 2021, the Company recognized $0.1 million of compensation expense from continuing operations related to stock options. Unamortized share-based compensation expense from continuing operations as of March 27, 2022 amounted to $0.7 million which is expected to be recognized over the next 2.2 years.
 
A summary of stock option activity is presented as follows:
 Number of
Shares		Weighted Average Exercise Price Per ShareWeighted Average Remaining Contractual LifeTotal Intrinsic Value of Awards
(in thousands)
Options outstanding at December 26, 2021695,329 $16.91 6.7$665 
Options outstanding at March 27, 2022695,329 $16.91 6.5$822 
Options exercisable at December 26, 2021475,765 $17.62 5.9$452 
Options exercisable at March 27, 2022496,415 $17.75 5.7$595 
 Number of
Shares		Weighted Average Grant Date Fair Value
Nonvested outstanding at December 26, 2021219,564 $12.73 
Nonvested outstanding at March 27, 2022198,914 $12.73 

For the thirteen week period ended March 27, 2022, the Company did not issue shares under a cashless exercise. For the thirteen week period ended March 28, 2021, the Company issued 213 shares of common stock upon the cashless exercise of 600 stock options.

Restricted Stock

For the thirteen week periods ended March 27, 2022 and March 28, 2021, the Company recognized $0.1 million of compensation expense related to restricted stock awards. Unamortized share-based compensation expense as of March 27, 2022 amounted to $0.6 million which is expected to be recognized over the next 2.2 years.

A summary of restricted stock activity is presented as follows:
 Number of
Shares		Weighted Average Grant Date Fair Value
Restricted stock outstanding at December 26, 202160,844 $11.91 
Issued5,795 $11.99 
Vested(4,828)$17.51 
Restricted stock outstanding at March 27, 202261,811 $11.62 
Nonvested outstanding at December 26, 202160,844 $11.91 
Nonvested outstanding at March 27, 202261,811 $11.62 

The intrinsic value in the tables above is the amount by which the market value of the underlying stock exceeded the exercise price of outstanding options or warrants, before applicable income taxes and represents the amount holders would have realized if all in-the-money options or warrants had been exercised on the last business day of the period indicated.

2020 Employee Stock Purchase Plan (“2020 ESPP”)

In November 2020, the Company's shareholders approved the 2020 ESPP. Under the 2020 ESPP, eligible team members of the Company may elect for payroll deductions to purchase shares on each purchase date during an offering period. A total of 250,000 shares of common stock of BGSF, Inc. were initially reserved for issuance pursuant to the 2020 ESPP. For the thirteen week period ended March 27, 2022, the Company issued 14,203 shares of common stock under the ESPP.