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Stock and Stock-Based Compensation Plans (Tables)
 12 Months Ended
Jan. 01, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of restricted stock units/awards activity The following table summarizes the Company’s PRSU activity:
Performance-based Restricted Stock Units
Awards
Weighted Average Grant Date
Fair Value
Outstanding at January 2, 2022168,463 $55.13 
Granted
150,937 38.79 
Forfeited
(7,228)49.37 
Outstanding at January 1, 2023312,172 47.36 
The following table summarizes the Company’s
RSU activity:
Restricted Stock Units*
Awards
Weighted Average Grant Date
Fair Value
Outstanding at January 2, 2022496,571 $40.46 
Granted
235,933 38.18 
Vested
(381,009)43.45 
Forfeited
(16,602)47.95 
Outstanding at January 1, 2023334,893 44.82 
* IAA awards, including those held by KAR employees
The following table summarizes the Company’s RSA activity:
Restricted Stock AwardsAwardsWeighted Average Grant Date
Fair Value
Outstanding at January 2, 202217,609 $53.88 
Granted30,826 35.00 
Forfeited(2,971)35.00 
Vested(17,609)52.88 
Outstanding at January 1, 202327,855 35.00 
Schedule of options activity
The following table summarizes stock option activity:
Stock Options *Number of AwardsWeighted
Average
Exercise
Price		Weighted
Average
Remaining
Contractual
Term
(in Years)
Average
Intrinsic Value
(in millions)
Outstanding at January 2, 2022280,232 $35.63     
Exercised (25,169)11.55     
Canceled/Expired (2,000)    
Outstanding at January 1, 2023253,063 38.20 4.9$1.7 
Exercisable at January 1, 2023253,063 38.20 5.0$1.7 
* IAA awards, including those held by KAR employees.
The following table summarizes the activity of non-vested stock options:
Stock Options Number of AwardsWeighted
Average
Grant-Date Fair Value
Outstanding at January 2, 202259,018 $46.97 
Vested(59,018)46.97 
Outstanding at January 1, 2023— —