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Stock Incentive Plans (Tables)
 12 Months Ended
Jan. 01, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Stock Compensation Expense
The following table summarizes stock compensation expense under the Company’s plans, which is included in SG&A in the accompanying Consolidated Statements of Operations:
In thousandsFiscal Year 2021Fiscal Year 2020Fiscal Year 2019
Stock options$2,632 $2,827 $8,562 
RSUs and PSUs11,217 7,201 3,655 
RSAs852 588 334 
Associate stock purchase plan185 124 119 
Pre-tax stock based compensation expense$14,886 $10,740 $12,670 
Income tax benefit(3,788)(2,743)(3,237)
After-tax stock based compensation expense$11,098 $7,997 $9,433 
Stock optionsRSUs and PSUsRSAs
Unrecognized compensation cost (in thousands)
$2,871 $14,928 $314 
Expected remaining weighted-average period of expense recognition (in years)1.741.830.42
Schedule of RSU, PSU, and RSA Activity
The following tables summarize RSU, PSU and RSA awards activity:
 RSUs
(In thousands)		Weighted average grant date fair value ($)PSUs
(In thousands)		Weighted average grant date fair value ($)RSAs
(In thousands)		Weighted average grant date fair value ($)
Outstanding at January 2, 2021454 $30.85 220 $34.36 22 $31.85 
Granted139 46.52 112 46.17 17 48.39 
Vested(203)30.37 — — (22)31.85 
Forfeited(26)36.78 (15)38.26 — — 
Outstanding at January 1, 2022364 $36.67 317 $38.34 17 $48.39 

Fiscal Year 2021Fiscal Year 2020Fiscal Year 2019
RSUs
Weighted average grant date fair value of RSUs granted$46.52 $34.73 $29.56 
Total fair value of RSUs vested (In thousands)$6,154 $1,346 $2,178 
PSUs
Weighted average grant date fair value of PSUs granted$46.17 $34.34 $34.50 
Total fair value of PSUs vested (In thousands)$— $— $— 
RSAs
Weighted average grant date fair value of RSAs granted$48.39 $30.65 $29.18 
Total fair value of RSAs vested (In thousands)$700 $534 $133 
Service-based options  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Stock Option Activity
The following tables summarize service-based stock option activity, including service-based options under the Vision Holding Corp. Amended and Restated 2013 Equity Incentive Plan, the 2014 Stock Incentive Plan, and the 2017 Omnibus Incentive Plan.
Number of Options Outstanding (In thousands)Weighted Average Exercise Price ($)Weighted Average Remaining Contractual Life (Years)Aggregate Intrinsic Value (In thousands) ($)
Outstanding options at January 2, 20211,194 $18.92 6.19$31,490 
Granted111 46.19 
Exercised(550)11.04 
Forfeited(29)22.04 
Outstanding options at January 1, 2022726 $28.91 6.83$13,891 
Vested and exercisable at January 1, 2022376 $23.85 6.17$9,067 
In thousands except per share valuesFiscal Year 2021Fiscal Year 2020Fiscal Year 2019
Weighted average grant date fair value per share of options granted$23.39 $13.71 $13.67 
Fair value of options vested$3,138 $3,313 $5,676 
Aggregate intrinsic value of options exercised$23,091 $22,549 $21,350 
Schedule of Valuation Assumptions for Stock Option Grants
The fair value of service-based options was estimated using the Black-Scholes-Merton option pricing model. The following is a summary of the assumptions used in this model for service-based options:
202120202019
Expected volatility
52.49% to 54.03%
39.54% to 55.81%
34.50% to 37.10%
Expected term range (in years)
6.00
6.00
5.75 to 6.50
Expected risk-free interest rate
0.97% to 1.07%
0.47% to 1.13%
1.68% to 2.94%
Performance-based options  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Stock Option Activity
The following table summarizes performance-based stock option activity:
Number of Options Outstanding (In thousands)Weighted Average Exercise Price ($)Weighted Average Remaining Contractual Life (Years)Aggregate Intrinsic Value (In thousands) ($)
Outstanding options at January 2, 2021855 $5.50 3.42$34,018 
Exercised(805)4.87 
Forfeited— — 
Outstanding options at January 1, 202250 $15.70 5.56$1,604 
Vested and exercisable at January 1, 202250 $15.70 5.56$1,604