Stock-Based Compensation (Tables)

9 Months Ended

Sep. 26, 2020

Share-based Payment Arrangement [Abstract]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

Grant-date stock price	$	4.73
Exercise price	$	4.73
Dividend yield		0%
Expected volatility(1)		59.9%
Risk-free interest rate(2)		0.4%
Expected life of options (in years)(3)		6.0

(1) Determined based on the historical volatility of the Common Shares over the expected life of the stock options.

(2)  Determined based on U.S. Treasury yields with a remaining term equal to the expected life of the stock options.

(3)  Determined based on the mid-point of vesting (one through three years) and expiration (ten years).