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SHARE-BASED COMPENSATION
9 Months Ended
Oct. 01, 2023
Share-Based Payment Arrangement [Abstract]  
Share-Based Compensation SHARE-BASED COMPENSATION
Stock Options

For the thirteen week periods ended October 1, 2023 and September 25, 2022, the Company recognized $0.1 million and $0.3 million of compensation expense related to stock options. For the thirty-nine week periods ended October 1, 2023 and September 25, 2022, the Company recognized $0.3 million and $0.6 million, respectively, of compensation expense from continuing operations related to stock options. Unamortized share-based compensation expense as of October 1, 2023 amounted to $1.0 million which is expected to be recognized over the next 2.8 years. As of October 1, 2023, a total of 1.2 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 January 1, 2023821,679 $16.08 6.4$1,907 
Granted111,470 10.11 
Exercised(4,800)6.25 
Forfeited / Canceled(11,500)18.50 
Options outstanding at October 1, 2023916,849 $15.41 6.2$111 
Options exercisable at January 1, 2023573,863 $17.50 5.4$1,164 
Options exercisable at October 1, 2023669,176 $16.87 5.2$111 
 Number of
Shares
Weighted Average Grant Date Fair Value
Nonvested outstanding at January 1, 2023247,816 $7.64 
Nonvested outstanding at October 1, 2023247,673 $7.86 

Restricted Stock

For the thirteen week periods ended October 1, 2023 and September 25, 2022, the Company recognized $0.3 million and $0.1 million of compensation expense related to restricted stock awards, respectively. For the thirty-nine week periods ended October 1, 2023 and September 25, 2022, the Company recognized $0.5 million and $0.3 million of compensation expense from continuing operations related to restricted stock awards, respectively. Unamortized share-based compensation expense as of October 1, 2023 amounted to $0.6 million which is expected to be recognized over the next 1.7 years.