Stock-Based Compensation (Tables)

3 Months Ended

Apr. 01, 2017

Text Block [Abstract]

Schedule of Restricted Stock Activity

The table below reflects the restricted stock activity for the year to date period as well as other information related to awards of restricted stock that were granted under the Equity Incentive Plan. Restricted stock granted under the Equity Incentive Plan generally vests over a three- or four-year period on a graded-vesting basis with equal proportions of the shares vesting on the annual anniversary date of the grant in each of the three or four years in the vesting period.

	Shares			Weighted Average Grant Date Fair value per Share
Unvested Restricted Stock:
Balance at beginning of fiscal year		551,511		$	5.99
Granted		—
Vested		(69,585	)	$	5.62
Forfeited		—
Balance at end of period		481,926		$	6.05
Vested Restricted Stock:
Balance at beginning of fiscal year		3,866,430		$	2.05
Vested		69,585			5.62
Repurchased		—
Balance at end of period		3,936,015		$	2.11

Schedule of Restricted Stock Unit Award During End of the Period

The table below provides additional information relating to the RSU awards:

				Weighted
				Average
				Grant Date
				Fair value
	Shares			per Share
Unvested RSUs:
Balance at beginning of fiscal year		820,409		$	25.69
Granted		—
Vested		(61,856	)	$	27.58
Forfeited		(1,521	)	$	25.69
Balance at end of period		757,032		$	25.68
RSUs Expected to vest		709,702		$	25.69
Vested RSUs:
Balance at beginning of fiscal year		4,948		$	25.69
Vested		61,856		$	27.58
Balance at end of period		66,804		$	27.44

Schedule of Stock Option Award at the End of the Period

The table below provides additional information with respect to our stock option awards:

						Weighted
				Weighted		Average		Aggregate
				Average		Remaining		Intrinsic
	Number of			Exercise		Contractual		Value (1)
	Shares			Price		Term		(in thousands)
Unvested stock options:
Balance at beginning of fiscal year		649,385		$	25.70
Granted		—
Vested		(185,567	)	$	25.69
Forfeited		(4,562	)	$	25.69
Balance outstanding at end of period		459,256		$	25.71		9.41 years	$	2,508
Options expected to vest		431,992		$	25.71		8.85 years	$	2,359
Vested stock options:
Balance at beginning of fiscal year		—
Vested		185,567		$	25.69
Balance at end of period		185,567		$	25.69

(1) Represents the total pre-tax intrinsic value, based on the closing price of our common stock on the NYSE on April 1, 2017 and is the amount the option holders would have received had all option holders exercised their options on April 1, 2017.