XML 37 R25.htm IDEA: XBRL DOCUMENT
v3.21.1

Share-based Compensation (Tables) | 3 Months Ended
--- | ---
Apr. 04, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] |
Summary of Share Option Awards | A summary of the status of the Company’s share option awards is presented below:
|  | Shares |  |  | Weighted- Average Exercise Price |  |  | Weighted- Average Remaining Contractual Life (In Years) |  |  | Aggregate Intrinsic Value |
Outstanding at January 3, 2021 |  |  | 742,800 |  |  | $ | 4.62 |  |  |  |  |  |  |  |  |
Exercised |  |  | (196,200 | ) |  |  | 4.98 |  |  |  |  |  |  |  |  |
Outstanding at April 4, 2021 |  |  | 546,600 |  |  | $ | 4.49 |  |  |  | 7.77 |  |  | $ | 6,608,776 |
Exercisable at April 4, 2021 |  |  | 167,887 |  |  | $ | 6.98 |  |  |  | 6.60 |  |  | $ | 1,652,228 |
Vested and Expected to Vest at April 4, 2021 |  |  | 538,806 |  |  | $ | 4.52 |  |  |  | 7.75 |  |  | $ | 6,501,621 |
Weighted-Average Assumptions Used to Estimate the Fair Value of Each Share Option Award | 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:
|  | 13 Weeks Ended |
|  | April 4, 2021 |  |  | March 29, 2020 |
Risk-free interest rate |  |  | — |  |  |  | 0.9 | %
Expected term |  |  | — |  |  | 5.7 years |
Expected volatility |  |  | — |  |  |  | 63.0 | %
Expected dividend yield |  |  | — |  |  |  | — |
Summary of Nonvested Share Awards Activity | A summary of the status of the Company’s nonvested share awards is presented below:
|  | Shares |  |  | Weighted- Average Grant- Date Fair Value |
Balance at January 3, 2021 |  |  | 591,325 |  |  | $ | 3.79 |
Granted |  |  | 235,480 |  |  |  | 14.89 |
Vested |  |  | (188,550 | ) |  |  | 5.91 |
Forfeited |  |  | (3,520 | ) |  |  | 4.03 |
Balance at April 4, 2021 |  |  | 634,735 |  |  | $ | 7.28 |
A summary of the status of the Company’s nonvested share unit awards is presented below:
|  | Units |  |  | Weighted- Average Grant- Date Fair Value |
Balance at January 3, 2021 |  |  | 41,160 |  |  | $ | 1.91 |
Dividend reinvestments |  |  | 2,574 |  |  |  | 14.73 |
Dividend reinvestments vested |  |  | (2,155 | ) |  |  | 14.73 |
Balance at April 4, 2021 |  |  | 41,579 |  |  | $ | 2.04 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration