XML 26 R28.htm IDEA: XBRL DOCUMENT v2.4.1.9
Stock-Based Compensation (Tables)
3 Months Ended
Apr. 04, 2015
Stock-Based Compensation [Abstract]  
Summary of recognized stock-based compensation expense
The following table summarizes stock-based compensation expense recognized:

  
Fiscal quarters ended
 
  
April 4, 2015
  
March 29, 2014
 
     
Restricted stock units
 
$
914
  
$
810
 
Phantom stock units
  
141
   
131
 
Stock options
  
-
   
-
 
Total
 
$
1,055
  
$
941
 

Schedule of unrecognized compensation cost, nonvested awards
The following table summarizes unrecognized compensation cost and the weighted average remaining amortization periods at April 4, 2015 (amortization periods in years):

  
Unrecognized Compensation Cost
  
Weighted Average Remaining Amortization Periods
 
     
Stock options
 
$
-
   
0.0
 
Restricted stock units
  
10,404
   
1.7
 
Phantom stock units
  
-
   
0.0
 
Total
 
$
10,404
     

Schedule of share-based compensation, restricted stock units award activity
RSU activity under the 2007 Program as of April 4, 2015 and changes during the three 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, 2015
  
1,147
  
$
12.75
 
Granted
  
349
   
13.60
 
Vested*
  
(162
)
  
11.34
 
Cancelled or forfeited
  
(276
)
  
12.88
 
Outstanding at April 4, 2015
  
1,058
  
$
13.21
 
         
Expected to vest at April 4, 2015
  
836
     

* 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 number of performance-based RSUs that are scheduled to vest increases ratably based on the achievement of defined performance criteria between the established target and maximum levels.  RSUs with performance-based vesting criteria are expected to vest as follows (number of RSUs in thousands):

Vesting Date
 
Expected to Vest
  
Not Expected to Vest
  
Total
 
January 1, 2016
  
-
   
222
   
222
 
January 1, 2017
  
192
   
-
   
192
 
January 1, 2018
  
202
   
-
   
202
 

Schedule of share-based compensation, phantom stock units, Activity
Phantom stock unit activity under the phantom stock plan as of April 4, 2015 and changes during the three 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, 2015
  
119
   
Granted
  
10
  
$
14.09
 
Dividend equivalents issued
  
1
     
Redeemed for common stock
  
-
     
Outstanding at April 4, 2015
  
130