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Stock-Based Awards (Tables)
 12 Months Ended
Dec. 29, 2013
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 2013 were as follows:
 
 
December 29, 2013
(Shares in thousands)
 
Options
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term
(Years)
 
Aggregate
Intrinsic
Value
$(000s)
Options outstanding at beginning of year
 
13,582

 
$
24

 
4
 
$
7,124

Granted
 
—

 
—

 

 
 
Exercised
 
(914
)
 
6

 

 
 
Forfeited/Expired
 
(2,919
)
 
44

 

 
 
Options outstanding at end of period
 
9,749

 
$
20

 
4
 
$
23,273

Options expected to vest at end of period
 
9,678

 
$
20

 
4
 
$
23,273

Options exercisable at end of period
 
8,994

 
$
21

 
4
 
$
17,803
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. There were no stock option grants in 2013.
 
 
December 30, 2012
 
December 25, 2011
Term (In years)
 
10

 
10

 
10

 
10

Vesting (In years)
 
3

 
3

(1) 
3

 
1

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

 
6

 
6

 
5

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

 
$
3.89

 
$
4.81

 
$
3.78


(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 2013 were as follows:
 
 
December 29, 2013
(Shares in thousands)
 
Restricted
Stock
Units
 
Weighted
Average
Grant-Date
Fair Value
Unvested stock-settled restricted stock units at beginning of period
 
1,011

 
$
9

Granted
 
544

 
9

Vested
 
(169
)
 
9

Forfeited
 
(193
)
 
9

Unvested stock-settled restricted stock units at end of period
 
1,193

 
$
9

Unvested stock-settled restricted stock units expected to vest at end of period
 
1,107

 
$
9
Schedule of Common Stock Reserved For Issuance
Shares of Class A Common Stock reserved for issuance were as follows:
(In thousands)
 
December 29,
2013
 
December 30,
2012
Stock options, stock–settled restricted stock units and stock-settled performance awards
 
 
 
 
Stock options and stock-settled restricted stock units
 
10,965
 
14,593
Stock-settled performance awards(1)
 
1,908
 
362
Outstanding
 
12,873
 
14,955
Available
 
3,161
 
4,938
Employee Stock Purchase Plan(2)
 
 
 
 
Available
 
6,410
 
6,410
401(k) Company stock match(3)
 
 
 
 
Available
 
3,045
 
3,348
Total Outstanding
 
12,873
 
14,955
Total Available
 
12,616
 
14,696
(1)
The number of shares actually earned at the end of the multi-year performance period will vary, based on actual performance, from 0% to 200% of the target number of performance awards granted. The maximum number of shares that would be issued is included in the table above.
(2)
We have not had an offering under the ESPP since 2010.
(3)
Effective 2014, we no longer offer a Company stock match under the Company’s 401(k) plan.