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Stock-Based Compensation (Tables)

9 Months Ended

Oct. 01, 2016

Summary of recognized stock-based compensation expense

The following table summarizes stock-based compensation expense recognized:

	Fiscal quarters ended				Nine fiscal months ended
	October 1, 2016		October 3, 2015		October 1, 2016		October 3, 2015

Restricted stock units	$	1,085	$	933	$	3,254		2,771
Phantom stock units		-		-		117		141
Stock options		-		-		-		-
Total	$	1,085	$	933	$	3,371		2,912

Schedule of unrecognized compensation cost, nonvested awards

The following table summarizes unrecognized compensation cost and the weighted average remaining amortization periods at October 1, 2016 (amortization periods in years):

	Unrecognized Compensation Cost		Weighted Average Remaining Amortization Periods

Restricted stock units	$	5,302		1.3
Phantom stock units		-		0.0
Stock options		-		0.0
Total	$	5,302

Schedule of share-based compensation, restricted stock units award activity

RSU activity under the 2007 Program as of October 1, 2016 and changes during the nine 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, 2016		1,028		$	13.24
Granted		353			11.35
Vested*		(142	)		12.21
Cancelled or forfeited		(222	)		13.19
Outstanding at October 1, 2016		1,017		$	12.74

Expected to vest at October 1, 2016		1,017

* 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, 2017		192		-		192
January 1, 2018		202		-		202
January 1, 2019		213		-		213

Schedule of share-based compensation, phantom stock units, Activity

Phantom stock unit activity under the phantom stock plan as of October 1, 2016 and changes during the nine 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, 2016		132
Granted		10	$	11.71
Dividend equivalents issued		2
Outstanding at October 1, 2016		144