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Stock-Based Awards (Tables)
12 Months Ended
Dec. 30, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity
Changes in our Company’s stock options in 2012 were as follows:
 
 
December 30, 2012
(Shares in thousands)
 
Options
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term
(Years)
 
Aggregate
Intrinsic
Value
$(000s)
Options outstanding at beginning of year
 
17,500

 
$
30

 
4
 
$
6,522

Granted
 
1,144

 
8

 

 
 
Exercised
 
(176
)
 
4

 

 
 
Forfeited/Expired
 
(4,886
)
 
43

 

 
 
Options outstanding at end of period
 
13,582

 
$
24

 
4
 
$
7,124

Options expected to vest at end of period
 
13,479

 
$
24

 
4
 
$
7,124

Options exercisable at end of period
 
11,980

 
$
26

 
4
 
$
6,314

The total intrinsic value for stock options exercised was $0.9 million in 2012, $0.6 million in 2011 and $1.7 million in 2010.
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The fair value of the stock options granted was estimated on the date of grant using a Black-Scholes valuation model that uses the assumptions noted in the following table. The risk-free rate is based on the U.S. Treasury yield curve in effect at the time of grant. The expected life (estimated period of time outstanding) of stock options granted was determined using the average of the vesting period and term. Expected volatility was based on historical volatility for a period equal to the stock option’s expected life, ending on the date of grant, and calculated on a monthly basis. The fair value for stock options granted with different vesting periods and on different dates are calculated separately.
 
 
December 30, 2012
 
December 25, 2011
 
December 26, 2010
Term (In years)
 
10

 
10

 
 
10

 
10

 
10

 
10

Vesting (In years)
 
3

 
3

(1) 
 
3

 
1

 
3

 
1

Risk-free interest rate
 
1.39
%
 
0.98
%
 
 
2.90
%
 
2.25
%
 
3.19
%
 
2.69
%
Expected life (In years)
 
6

 
6

 
 
6

 
5

 
6

 
5

Expected volatility
 
47.67
%
 
49.35
%
 
 
43.79
%
 
47.93
%
 
41.60
%
 
45.93
%
Expected dividend yield
 
0
%
 
0
%
 
 
0
%
 
0
%
 
0
%
 
0
%
Weighted-average fair value
 
$
3.35

 
$
3.89

 
 
$
4.81

 
$
3.78

 
$
4.99

 
$
4.68


(1) Stock options granted to Mark Thompson, our President and Chief Executive Officer, in November 2012 under the terms of his employment agreement.
Schedule of Share-based Compensation, Restricted Stock Units Award Activity
Changes in our Company’s stock-settled restricted stock units in 2012 were as follows:
 
 
December 30, 2012
(Shares in thousands)
 
Restricted
Stock
Units
 
Weighted
Average
Grant-Date
Fair Value
Unvested stock-settled restricted stock units at beginning of period
 
666

 
$
11

Granted
 
638

 
7

Vested
 
(157
)
 
8

Forfeited
 
(136
)
 
9

Unvested stock-settled restricted stock units at end of period
 
1,011

 
$
9

Unvested stock-settled restricted stock units expected to vest at end of period
 
914

 
$
9

The intrinsic value of stock-settled restricted stock units vested was $1.2 million in 2012, $3.3 million in 2011 and $3.3 million in 2010.
Schedule of Nonvested Restricted Stock Units Activity
.
Changes in our cash-settled restricted stock units in 2012 were as follows:
 
 
December 30, 2012
(Shares in thousands)
 
Restricted
Stock
Units
 
Weighted
Average
Grant-Date
Fair Value
Unvested cash-settled restricted stock units at beginning of period
 
758

 
$
6

Granted
 

 

Vested
 
(504
)
 
4

Forfeited
 
(89
)
 
9

Unvested cash-settled restricted stock units at end of period
 
165

 
$
11

Unvested cash-settled restricted stock units expected to vest at end of period
 
150

 
$
11

The intrinsic value of cash-settled restricted stock units vested was $3.7 million in 2012, $80,000 in 2011 and $0.3 million in 2010.
Schedule of Common Stock Reserved For Issuance
Shares of Class A Common Stock reserved for issuance were as follows:
(In thousands)
 
December 30,
2012
 
December 25,
2011
Stock options, stock–settled restricted stock units, retirement units and other awards
 
 
 
 
Outstanding
 
14,593
 
18,166
Available
 
5,300
 
6,771
Employee Stock Purchase Plan
 
 
 
 
Available
 
6,410
 
6,410
401(k) Company stock match
 
 
 
 
Available
 
3,348
 
3,838
Total Outstanding
 
14,593
 
18,166
Total Available
 
15,058
 
17,019