v3.4.0.3
PERFORMANCE SHARES, STOCK OPTIONS, OTHER FORMS OF COMPENSATION, AND COMMON SHARE REPURCHASES (Tables)
3 Months Ended
Apr. 03, 2016
Performance Shares, Stock Options, Other Forms Of Compensation And Common Share Repurchaces [Abstract]  
Schedule of Stock-based Compensation Expense [Table Text Block]
Three Months Ended
April 3,March 29,
(in thousands)20162015
Performance Shares and Performance Stock Units-2013 Program$---$28
Stock Options(69)172
Restricted Stock and Restricted Stock Units1515
$(54)$215
(1)The 2013 Program's stock-based compensation consists of both performance shares and performance stock units.
(2)The three months ended April 3, 2016 includes the recapture of previously recorded stock-based compensation of approximately $126,000 due to the departure of our CFO.
Schedule Of Director Compensation [Table Text Block]
Three Months Ended
April 3,March 29,
20162015
(in thousands)
Stock-based compensation$15$15
Stock option compensation1668
Cash compensation1477
Total board of directors' compensation$45$160
Schedule Of Stock Options Activity [Table Text Block]
(number of options in thousands)Number of OptionsWeighted Average Exercise PriceWeighted Average Remaining Contractual Life in Years
Options outstanding at January 3, 2016507$16.665.3
Granted5317.66
Forfeited(53)32.02
Options outstanding at April 3, 201650713.955.2
Options exercisable at April 3, 201615417.664.2
Weighted-average values and assumptions for valuing grants made:
Three Months Ended April 3, 2016Fiscal 2015
Weighted average fair value of options granted$1.80$4.90
Expected life (in years)3.63.3
Expected stock volatility41.8%51.2%
Risk-free interest rate1.0%1.9%