XML 218 R17.htm IDEA: XBRL DOCUMENT v3.22.2.2
SHARE-BASED COMPENSATION
 9 Months Ended
Sep. 25, 2022
Share-Based Payment Arrangement [Abstract]  
Share-Based Compensation SHARE-BASED COMPENSATION
Stock Options

For the thirteen week periods ended September 25, 2022 and September 26, 2021, the Company recognized $0.3 million and $0.2 million of compensation expense from continuing operations related to stock options, respectively. For the thirty-nine week periods ended September 25, 2022 and September 26, 2021, the Company recognized $0.6 million and $0.5 million, respectively, of compensation expense from continuing operations related to stock options. Unamortized share-based compensation expense from continuing operations as of September 25, 2022 amounted to $1.1 million which is expected to be recognized over the next 3.0 years. As of September 25, 2022, a total of 1.0 million shares remain available for issuance under 2013 Plan.
 
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 
Granted164,000 $12.87 
Exercised(1,000)$9.72 
Forfeited / Canceled(36,650)$17.65 
Options outstanding at September 25, 2022821,679 $16.08 6.7$483 
Options exercisable at December 26, 2021475,765 $17.62 5.9$452 
Options exercisable at September 25, 2022573,863 $17.50 5.7$395 
 Number of
Shares		Weighted Average Grant Date Fair Value
Nonvested outstanding at December 26, 2021219,564 $12.73 
Nonvested outstanding at September 25, 2022247,816 $7.64 

For the thirty-nine week period ended September 25, 2022, the Company did not issue shares under a cashless exercise. For the thirty-nine week period ended September 26, 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 September 25, 2022 and September 26, 2021, the Company recognized $0.1 million and $0.2 million of compensation expense related to restricted stock awards, respectively. For the thirty-nine week periods ended September 25, 2022 and September 26, 2021, the Company recognized $0.3 million and $0.4 million of compensation expense related to restricted stock awards, respectively. Unamortized share-based compensation expense as of September 25, 2022 amounted to $0.6 million which is expected to be recognized over the next 2.0 years.