v3.5.0.2
PERFORMANCE SHARES, STOCK OPTIONS, OTHER FORMS OF COMPENSATION, AND COMMON SHARE REPURCHASES (Tables)
6 Months Ended
Jul. 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 EndedSix Months Ended
July 3,June 28,July 3,June 28,
(in thousands)2016201520162015
Performance Stock Units$---$8$---$36
Stock Options1218453256
Restricted Stock and
Restricted Stock Units15153030
$136$107$83$322
(1)The three and six months ended June 28, 2015 included the recapture of previously recorded stock-based compensation of approximately $45,000 due to employee departures.
(2)The six months ended July 3, 2016 included 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 EndedSix Months Ended
July 3,June 28,July 3,June 28,
2016201520162015
(in thousands)
Stock-based compensation$15$15$30$30
Stock option compensation316247130
Cash compensation227735153
`
Total board of
directors' compensation$68$154$112$313
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, 2016507$13.955.2
Granted2065.60
Forfeited(3)28.53
Expired(26)32.05
Options outstanding at July 3, 2016684$10.655.9
Options exercisable at July 3, 2016190$14.204.5
Weighted-average values and assumptions for valuing grants made:
Six Months Ended July 3, 2016Fiscal 2015
Weighted average fair value of options granted$2.15$4.90
Expected life (in years)5.63.3
Expected stock volatility39.8%51.2%
Risk-free interest rate1.3%1.9%