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Note 6 - Employee Benefit Plans (Tables)
12 Months Ended
Dec. 26, 2020
Notes Tables  
Schedule of Net Benefit Costs [Table Text Block]

(in thousands)

 

2020

  

2019

  

2018

 

Service cost

 $1,310  $920  $925 

Interest cost

  67   267   207 

Expected return on assets

  (200)  (168)  (124)

Settlements

  292   -   - 

Net periodic costs

 $1,469  $1,019  $1,008 
Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan [Table Text Block]

(in thousands)

 

2020

  

2019

 

Change in projected benefit obligation:

        

Benefit obligation at beginning of year

 $(32,241) $(29,910)

Service cost

  (1,310)  (920)

Interest cost

  (67)  (267)

Actuarial gain (loss)

  1,916   (1,456)

Participant contributions

  (1,136)  (1,434)

Benefits paid

  419   2,313 

Plan change

  944   - 

Settlements

  3,446   - 

Foreign currency exchange adjustment

  (3,010)  (567)

Benefit obligation at end of year

  (31,039)  (32,241)

Change in plan assets:

        

Fair value of plan assets at beginning of year

  18,705   18,088 

Return on assets, net of actuarial loss

  129   281 

Employer contributions

  886   882 

Participant contributions

  1,136   1,434 

Benefits paid

  (419)  (2,313)

Settlements

  (3,446)  - 

Foreign currency exchange adjustment

  1,765   333 

Fair value of plan assets at end of year

  18,756   18,705 

Net liability at end of year

 $(12,283) $(13,536)
Defined Benefit Plan, Assumptions [Table Text Block]
  

2020

  

2019

 

Discount rate

  0.2%   0.2% 

Compensation increase

  1.1%   1.1% 
  

2020

  

2019

  

2018

 

Discount rate

  0.2%   0.9%   0.7% 

Rate of return on assets

  1.0%   0.9%   0.7% 

Compensation increase

  1.1%   1.8%   1.8% 
Schedule of Net Funded Status [Table Text Block]

(in thousands)

 

2020

  

2019

 

Accumulated benefit obligation at beginning of year

 $(2,571) $(2,880)

Interest cost

  (75)  (115)

Actuarial gain

  134   258 

Benefits paid

  114   166 

Accumulated benefit obligation at end of year

  (2,398)  (2,571)

Plan assets at end of year

  -   - 

Funded status

 $(2,398) $(2,571)
Share-based Payment Arrangement, Option, Activity [Table Text Block]
  

2020

  

2019

  

2018

 
      

Wt. Avg.

      

Wt. Avg.

      

Wt. Avg.

 

(in thousands, except per share data)

 

Shares

  

Ex. Price

  

Shares

  

Ex. Price

  

Shares

  

Ex. Price

 

Outstanding, beginning of year

  363  $10.27   405  $10.22   472  $10.20 

Exercised

  (101) $10.95   (42) $9.82   (67) $10.10 

Outstanding, end of year

  262  $10.01   363  $10.27   405  $10.22 
                         

Options exercisable at year end

  262  $10.01   363  $10.27   405  $10.22 
Share-based Payment Arrangement, Option, Exercise Price Range [Table Text Block]
     

Options Outstanding

  

Options Exercisable

 
         

Approximate

             
         

Wt. Avg.

             

Range of

  

Number

  

Remaining

  

Wt. Avg.

  

Number

  

Wt. Avg.

 

Exercise Prices

  

Outstanding

  

Life (Years)

  

Ex. Price

  

Exercisable

  

Ex. Price

 
$ 9.44-$ 10.54   159   2.2  $9.50   159  $9.50 
$ 10.55-$ 10.58   92   1.2  $10.58   92  $10.58 
$ 10.59-$ 12.58   11   3.5  $12.44   11  $12.44 
      262   1.9  $10.01   262  $10.01 
Share-based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]
  

2020

  

2019

  

2018

 
      

Wt. Avg.

      

Wt. Avg.

      

Wt. Avg.

 

(in thousands, except per share data)

 

Units

  

Fair Value

  

Units

  

Fair Value

  

Units

  

Fair Value

 

Outstanding, beginning of year

  1,328  $17.05   1,265  $19.48   981  $12.50 

Granted

  779  $14.02   694  $14.32   822  $23.70 

Released

  (621) $17.48   (563) $19.08   (500) $13.10 

Cancelled

  (72) $17.59   (68) $17.60   (38) $14.67 

Outstanding, end of year

  1,414  $15.16   1,328  $17.05   1,265  $19.48 
Schedule of Nonvested Performance-based Units Activity [Table Text Block]
  

2020

  

2019

  

2018

 
      

Wt. Avg.

      

Wt. Avg.

      

Wt. Avg.

 

(in thousands, except per share data)

 

Units

  

Fair Value

  

Units

  

Fair Value

  

Units

  

Fair Value

 

Outstanding, beginning of year

  364  $18.72   340  $17.89   334  $14.31 

Granted

  200  $13.18   167  $14.11   89  $24.32 

Released

  (39) $21.40   (36) $11.35   (41) $9.92 

Cancelled

  (100) $20.25   (107) $11.35   (42) $10.69 

Outstanding, end of year

  425  $15.51   364  $18.72   340  $17.89 
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block]

Employee Stock Purchase Plan

 

2020

 

2019

 

2018

Dividend yield

  0.5%  1.3%  1.1%

Expected volatility

  67.1%  46.4%  39.0%

Risk-free interest rate

  1.1%  2.2%  1.7%

Expected term (years)

  0.5   0.5   0.5 

Weighted-average grant date fair value per share

 $6.01  $5.35  $5.90 

Restricted Stock Units

 

2020

 

2019

 

2018

Dividend yield

  0.0%  1.6%  1.0%
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]

(in thousands)

 

2020

  

2019

  

2018

 

Cost of sales

 $893  $736  $546 

Research and development

  3,245   2,994   1,717 

Selling, general and administrative

  10,096   10,418   7,790 

Share-based compensation of continuing operations

  14,234   14,148   10,053 

Income tax benefit

  (963)  (587)  (993)

Total share-based compensation, net of tax

 $13,271  $13,561  $9,060