v3.21.2
STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jul. 04, 2021
Stock-based Compensation  
Schedule of recognized stock-based compensation expense

Three Months Ended

Six Months Ended

(in thousands)

July 4, 2021

June 28, 2020

    

July 4, 2021

    

June 28, 2020

Stock options

$

94

$

44

$

183

$

125

Restricted stock

 

226

 

67

 

455

 

123

$

320

$

111

$

638

$

248

Schedule of stock option activity

    

    

Weighted

Average

Remaining

Number of 

Weighted Average 

Contractual

(number of options in thousands)

    

Options

    

Exercise Price

    

Life in Years

Options outstanding at January 3, 2021

 

557

$

4.53

Granted

 

24

 

9.63

Exercised

(50)

6.20

Canceled, forfeited or expired

(22)

3.97

Options outstanding at July 4, 2021

 

509

$

4.62

6.3

Schedule of stock option valuation assumptions

Six Months Ended

    

July 4, 2021

June 28, 2020

Weighted-average fair value of options granted during the period

$

5.17

$

1.81

Expected life (in years)

 

4.0

 

5.4

Expected dividend

$

$

Expected stock volatility

 

71.12

%

 

53.64

%

Risk-free interest rate

 

0.6

%

 

1.1

%

Schedule of unvested restricted stock activity

    

    

Weighted

Average

Remaining

Number of

Weighted Average 

Contractual

(number of awards in thousands)

    

Awards

    

Award Date Fair Value

    

Life in Years

Unvested at January 3, 2021

 

475

$

4.43

Granted

 

 

Exercised/Released

(25)

4.84

Unvested at July 4, 2021

 

450

$

4.41

1.5