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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 29, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Activity in Stock Option Awards

A summary of the activity in the stock option awards for the last three years is presented below.

 

 

2018

 

 

2017

 

 

2016

 

 

 

Shares

 

 

Weighted

Average

Exercise

Price

 

 

Shares

 

 

Weighted

Average

Exercise

Price

 

 

Shares

 

 

Weighted

Average

Exercise

Price

 

Outstanding at beginning of year

 

 

3,766,299

 

 

$

4.81

 

 

 

4,056,536

 

 

$

5.56

 

 

 

5,779,597

 

 

$

4.53

 

Granted

 

 

 

 

 

 

 

 

1,365,498

 

 

 

4.45

 

 

 

 

 

 

 

Forfeited

 

 

(1,792,948

)

 

 

5.13

 

 

 

(1,226,716

)

 

 

7.12

 

 

 

(108,818

)

 

 

5.04

 

Exercised

 

 

(35,417

)

 

 

1.83

 

 

 

(429,019

)

 

 

4.15

 

 

 

(1,614,243

)

 

 

1.89

 

Outstanding at end of year

 

 

1,937,934

 

 

$

4.57

 

 

 

3,766,299

 

 

$

4.81

 

 

 

4,056,536

 

 

$

5.56

 

Summary of Information About Stock Options Outstanding and Exercisable

The following table summarizes information about stock options outstanding and exercisable at December 29, 2018.

 

 

 

Options Outstanding

 

 

Options Exercisable

 

Range of Exercise Prices

 

Number

Outstanding

 

 

Weighted

Average

Remaining

Contractual Life

(in years)

 

 

Weighted

Average

Exercise

Price

 

 

Number

Exercisable

 

 

Weighted

Average

Remaining

Contractual Life

(in years)

 

 

Weighted

Average

Exercise

Price

 

$0.83—$5.35

 

 

1,937,934

 

 

 

6.04

 

 

$

4.57

 

 

 

1,027,602

 

 

 

4.14

 

 

$

4.67

 

Summary of Status of Company's Nonvested Shares A summary of the status of the Company’s nonvested shares and changes during 2018, 2017 and 2016 is presented below.

 

 

2018

 

 

2017

 

 

2016

 

 

 

Shares

 

 

Weighted

Average

Grant-

Date

Price

 

 

Shares

 

 

Weighted

Average

Grant-

Date

Price

 

 

Shares

 

 

Weighted

Average

Grant-

Date

Price

 

Outstanding at beginning of year

 

 

10,293,690

 

 

$

4.33

 

 

 

12,747,791

 

 

$

4.41

 

 

 

9,588,889

 

 

$

6.07

 

Granted

 

 

10,639,147

 

 

 

2.33

 

 

 

6,200,730

 

 

 

4.34

 

 

 

10,099,481

 

 

 

3.53

 

Vested

 

 

(4,197,669

)

 

 

4.37

 

 

 

(5,765,015

)

 

 

4.61

 

 

 

(3,521,765

)

 

 

5.31

 

Forfeited

 

 

(1,770,981

)

 

 

3.08

 

 

 

(2,889,816

)

 

 

4.16

 

 

 

(3,418,814

)

 

 

4.51

 

Outstanding at end of year

 

 

14,964,187

 

 

$

3.05

 

 

 

10,293,690

 

 

$

4.33

 

 

 

12,747,791

 

 

$

4.41

 

 

Summary of Performance Based Long Term Incentive Program

A summary of the activity in the performance-based long-term incentive program since inception is presented below.

 

 

2018

 

 

2017

 

 

2016

 

 

 

Shares

 

 

Weighted

Average

Grant-

Date

Price

 

 

Shares

 

 

Weighted

Average

Grant-

Date

Price

 

 

Shares

 

 

Weighted

Average

Grant-

Date

Price

 

Outstanding at beginning of year

 

 

10,187,045

 

 

$

4.42

 

 

 

13,742,384

 

 

$

4.66

 

 

 

8,589,114

 

 

$

5.95

 

Granted

 

 

13,287,817

 

 

 

2.37

 

 

 

5,099,667

 

 

 

4.18

 

 

 

9,635,184

 

 

 

3.37

 

Vested

 

 

(1,211,764

)

 

 

9.45

 

 

 

(6,556,274

)

 

 

4.59

 

 

 

(161,408

)

 

 

4.32

 

Forfeited

 

 

(3,129,129

)

 

 

3.12

 

 

 

(2,098,732

)

 

 

4.67

 

 

 

(4,320,506

)

 

 

5.69

 

Outstanding at end of year

 

 

19,133,969

 

 

$

2.88

 

 

 

10,187,045

 

 

$

4.42

 

 

 

13,742,384

 

 

$

4.66