Equity-Based Compensation (Tables)

6 Months Ended

Jun. 30, 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				Six Months Ended
	June 30,		June 28,		June 30,			June 28,
	2016		2015		2016			2015
Service-Based RSUs	$	436	$	400	$	948		$	949
Performance-Based RSUs	130		251		(25		)	771
Market-Based RSUs	119		191		44			642
Total	$	685	$	842	$	967		$	2,362
Income tax benefit	$	257	$	317	$	363		$	888

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
	June 30, 2016		period
Service-Based RSUs	$	2,084	1.4 years
Performance-Based RSUs	698		1.5 years
Market-Based RSUs	638		1.4 years
Total	$	3,420	1.4 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 June 30, 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	325,000	—	—	—
Service-based RSUs outstanding	257,371	170,442	78,947	25,985
Performance and market-based RSUs outstanding at 200% of target	351,300	86,120	—	—
RSUs vested and released	48,339	—	—	—
Awards available for grant	517,990	256,562	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: 

	Six Months Ended
	June 30, 2016
	Units		Weighted Average Grant Date Fair Value
Outstanding at January 1, 2016	471,196		$	13.27
Granted	164,922		13.97
Vested and released	(97,298	)	14.39
Forfeited	(32,060	)	17.05
Outstanding at June 30, 2016	506,760		$	13.13
Releasable at June 30, 2016	277,749		$	11.33

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

	Six Months Ended
	June 30, 2016
	Units		Weighted Average Grant Date Fair Value
Outstanding at January 1, 2016	33,974		$	11.75
Granted	—		—
Vested and released	(7,989	)	11.75
Forfeited	—		—
Outstanding at June 30, 2016	25,985		$	11.75
Releasable at June 30, 2016	25,985		$	11.75

Schedule of Components of Market-Based RSU's

The following table summarizes the performance and market-based RSU activity as of and for the six months ended June 30, 2016:

	Units		Weighted Average Grant Date Fair Value
Outstanding at January 1, 2016, at target	249,560		14.59
Granted, at target	108,650		13.56
Attained by performance	97,017		10.48
Vested and released	(234,517	)	10.52
Forfeited, at target	(9,000	)	17.14
Outstanding at June 30, 2016, at target	211,710		16.58
Maximum potential units outstanding at June 30, 2016	437,420		16.63