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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 29, 2013
Stock-Based Compensation [Abstract]  
Summary of recognized stock-based compensation expense
The following table summarizes stock-based compensation expense recognized:
 
 
 
Fiscal quarters ended
 
 
Six fiscal months ended
 
 
 
June 29, 2013
 
 
June 30, 2012
 
 
June 29, 2013
 
 
June 30, 2012
 
 
 
 
 
 
 
 
 
 
Stock options
 
$
6
 
 
$
20
 
 
$
18
 
 
$
47
 
Restricted stock units
 
 
(2,646
)
 
 
1,133
 
 
 
(1,718
)
 
 
2,268
 
Phantom stock units
 
 
-
 
 
 
-
 
 
 
108
 
 
 
93
 
Total
 
$
(2,640
)
 
$
1,153
 
 
$
(1,592
)
 
$
2,408
 

Schedule of unrecognized compensation cost, nonvested awards
The following table summarizes unrecognized compensation cost and the weighted average remaining amortization periods at June 29, 2013 (amortization periods in years):
 
 
 
Unrecognized Compensation Cost
 
 
Weighted Average Remaining Amortization Periods
 
 
 
 
 
 
Stock options
 
$
-
 
 
 
0.0
 
Restricted stock units
 
 
12,814
 
 
 
1.6
 
Phantom stock units
 
 
-
 
 
 
0.0
 
Total
 
$
12,814
 
 
 
 
 

Schedule of share-based compensation, restricted stock units award activity
RSU activity under the 2007 Program as of June 29, 2013 and changes during the six fiscal months then ended are presented below (number of RSUs in thousands):
 
 
 
Number of RSUs
 
 
Weighted Average Grant-date Fair Value per Unit
 
Outstanding:
 
 
 
 
January 1, 2013
 
 
1,316
 
 
$
12.53
 
Granted
 
 
374
 
 
 
12.76
 
Vested*
 
 
(500
)
 
 
9.82
 
Cancelled or forfeited
 
 
-
 
 
 
-
 
Outstanding at June 29, 2013
 
 
1,190
 
 
$
13.74
 
 
 
 
 
 
 
 
 
 
Expected to vest at June 29, 2013
 
 
681
 
 
 
 
 

________________________________________
* The number of RSUs vested includes shares that the Company withheld on behalf of employees to satisfy the statutory tax withholding requirements.
Schedule of share-based compensation arrangement by share-based units, vested and expected to vest
The Company recognizes compensation cost for RSUs that are expected to vest.  The Company expects all performance-based vesting criteria for the outstanding performance-based RSUs that are scheduled to vest on January 1, 2016 will be achieved.  The stock-based compensation expense recognized for 233,000 performance-based RSUs scheduled to vest on January 1, 2014 was reversed in the second fiscal quarter of 2013 at the time that it was determined that achievement of the performance-based vesting criteria was no longer probable.  The stock-based compensation expense recognized for 276,000 performance-based RSUs scheduled to vest on January 1, 2015 was reversed in the fourth fiscal quarter of 2012 at the time that it was determined that achievement of the performance-based vesting criteria was no longer probable.  RSUs with performance-based vesting criteria are expected to vest as follows (number of RSUs in thousands):
 
Vesting Date
 
Number of RSUs
 
January 1, 2014
 
 
-
 
January 1, 2015
 
 
-
 
January 1, 2016
 
 
222
 

Phantom stock unit activity
Phantom stock unit activity under the phantom stock plan as of June 29, 2013 and changes during the six fiscal months then ended are presented below (number of phantom stock units in thousands):
 
 
 
Number of units
 
 
Grant-date Fair Value per Unit
 
Outstanding:
 
 
 
 
January 1, 2013
 
 
97
 
 
 
Granted
 
 
10
 
 
$
10.75
 
Redeemed for common stock
 
 
-
 
 
 
 
 
Outstanding at June 29, 2013
 
 
107