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Share-based Compensation (Tables)
9 Months Ended
Sep. 30, 2012
Share-based Compensation [Abstract]  
Fair value of share option award based on weighted-average assumptions

The fair value of each share option award on the date of grant is estimated using the Black-Scholes method based on the following weighted-average assumptions:

 

         
    39 Weeks Ended
    September 30,
2012
  October 2,
2011

Risk-free interest rate

  1.2%   2.1%

Expected term

  7.70 years   7.30 years

Expected volatility

  53.0%   51.0%

Expected dividend yield

  4.71%   3.80%
Summary of nonvested share awards activity

The following table details the Company’s nonvested share awards activity for the 39 weeks ended September 30, 2012:

 

                 
    Shares     Weighted-
Average
Grant-Date
Fair Value
 

Balance at January 1, 2012

    304,700     $ 13.03  

Granted

    145,100       7.79  

Vested

    (107,675     12.34  

Forfeited

    (10,050     11.57  
   

 

 

   

 

 

 

Balance at September 30, 2012

    332,075     $ 11.01  
   

 

 

   

 

 

 

The following table details the Company’s nonvested share unit awards activity for the 39 weeks ended September 30, 2012:

 

                 
    Units     Weighted-
Average
Grant-Date
Fair Value
 

Balance at January 1, 2012

    9,000     $ 8.26  

Granted

    12,000       6.33  

Vested

    (2,250     8.26  

Forfeited

    —         —    
   

 

 

   

 

 

 

Balance at September 30, 2012

    18,750     $ 7.02