Equity-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of Equity-Based Compensation Expense

The following table summarizes the compensation expense included in selling, general and administrative expenses in the Condensed Consolidated Statements of Earnings related to equity-based compensation plans:

	Three Months Ended
	March 31,			March 29,
	2016			2015
Service-Based RSUs	$	512		$	549
Performance-Based RSUs	(155		)	520
Market-Based RSUs	(75		)	451
Total	$	282		$	1,520
Income tax benefit	$	106		$	571

Schedule of Unrecognized Equity-Based Compensation Expense

The following table summarizes the unrecognized compensation expense related to non-vested RSUs by type and the weighted-average period in which the expense is to be recognized:

	Unrecognized
	compensation		Weighted-
	expense at		average
	March 31, 2016		period
Service-Based RSUs	$	2,711	1.6 years
Performance-Based RSUs	673		1.6 years
Market-Based RSUs	779		1.5 years
Total	$	4,163	1.6 years

Summary of Status of Equity-Based Compensation Plans

The following table summarizes the maximum number of awards available to be granted under these plans as of March 31, 2016:

	2014 Plan	2009 Plan	2004 Plan	Directors' Plan
Awards originally available	1,500,000	3,400,000	6,500,000	N/A
Stock options outstanding	—	—	—	—
Options exercisable	—	—	—	—
Performance-based options outstanding	330,000	—	—	—
Service-based RSUs outstanding	270,545	171,164	78,947	25,985
Performance and market-based RSUs outstanding at 200% of target	335,300	86,120	—	—
RSUs vested and released	48,339	—	—	—
Awards available for grant	515,816	257,284	78,947	25,985

Summary of Service-Based Restricted Stock Units

A summary of the status of RSUs granted under the 2004, 2009, and 2014 plans is presented below: 

	Three Months Ended
	March 31, 2016
	Units		Weighted Average Grant Date Fair Value
Outstanding at January 1, 2016	471,196		$	13.27
Granted	164,922		13.97
Released	(97,298	)	14.39
Forfeited	(18,164	)	17.69
Outstanding at March 31, 2016	520,656		$	13.13
Releasable at March 31, 2016	277,081		$	11.30

A summary of the status of RSUs granted under the Director's Plan is presented below:

	Units		Weighted Average Grant Date Fair Value
Outstanding at January 1, 2016	33,974		$	11.75
Granted	—		—
Released	(7,989	)	11.75
Forfeited	—		—
Outstanding at March 31, 2016	25,985		$	11.75
Releasable at March 31, 2016	25,985		$	11.75

Schedule of Components of Performance-Based RSU's

The following table summarizes the targeted number of performance-based RSUs granted and actual units awarded as of and for the three months ended March 31, 2016:

	Target	Vesting	Vesting	Units
Grant Date	Units Granted	Year	Dependency	Awarded
February 11, 2013	36,750	2016	Sales growth	58,875
February 11, 2013	31,500	2016	Cash flow	59,819
February 14, 2014	15,071	2017	Sales growth	—
February 14, 2014	12,918	2017	Cash flow	—
February 13, 2015	24,150	2018	Sales growth	—
February 13, 2015	20,700	2018	Cash flow	—
February 16, 2016	34,528	2019	Sales growth	—
February 16, 2016	29,595	2019	Cash flow	—

Schedule of Components of Market-Based RSU's

The following table summarizes the targeted number of market-based RSUs granted and actual units awarded as of and for the three months ended March 31, 2016:

			Number of
	Target	Vesting	Peer Group	Units
Grant Date	Units Granted	Year	Companies	Awarded
February 11, 2013	36,750	2016	20	61,466
February 11, 2013	32,500	2016	20	54,357
February 14, 2014	15,071	2017	15	—
February 13, 2015	24,150	2018	23	—
February 16, 2016	34,528	2019	17	—