Equity Incentive Plans (Tables)

12 Months Ended

Dec. 31, 2012

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Recognized compensation expenses

The Company recognized compensation expense related to the Company Plans for the fiscal years ended December 31, 2012, January 1, 2012 and January 2, 2011 as follows (in thousands):   2012 2011 2010Stock option plan expense $2,539 $2,681 $1,378Restricted stock expense $4,449 $3,432 $3,261

Summary of the activity of stock option awards

A summary of the activity of the Company’s stock options plans is presented below:

	Shares		Wtd. Avg. Exercise Price		Wtd. Avg. Remaining Contractual Term	Aggregate Intrinsic Value
	(In thousands)					(In thousands)
Options outstanding at January 1, 2012 [1]	1,601		$	19.44	6.73	$	2,778
Granted [2]	96		22.30
Exercised [1]	(593	)	15.65
Forfeited/Canceled [1]	(73	)	22.93
Incremental shares granted due to anti-dilution provision existing in the compensation plans	167		—
Options outstanding at December 31, 2012 [2]	1,198		$	18.92	6.85	$	11,090
Options vested and expected to vest at December 31, 2012 [2]	1,153		$	18.90	6.79	$	10,785
Options exercisable at December 31, 2012 [2]	722		$	17.51	5.95	$	7,694

[1] Weighted Average Exercise Price reflects initial exercise price and has not been adjusted in the table above for the Adjustment Factor in connection with the Special Dividend.

[2] Weighted Average Exercise Price reflects the Adjustment Factor in connection with the Special Dividend.

The aggregate intrinsic value in the table above represents the total pretax intrinsic value (i.e., the difference between the Company’s closing stock price on the last trading day of fiscal year 2012 and the exercise price, times the number of shares that are “in the money”) that would have been received by the option holders had all option holders exercised their options on December 31, 2012. This amount changes based on the fair value of the Company’s stock.

The following table summarizes information relative to stock option activity during the Company’s fiscal years ended December 31, 2012, January 1, 2012 and January 2, 2011 (in thousands):

	2012		2011		2010
Intrinsic value of options exercised	$	7,051	$	4,718	$	21,095
Fair value of shares vested	$	2,062	$	2,358	$	2,054

Exercise prices and related information of stock option outstanding

The following table summarizes information about the exercise prices and related information of stock options outstanding under the Company Plans at December 31, 2012:

	Options Outstanding				Options Exercisable
Exercise Prices	Number Outstanding	Wtd. Avg. Remaining Contractual Life	Wtd.  Avg. Exercise Price		Number Exercisable	Wtd. Avg. Remaining Contractual Life	Wtd.  Avg. Exercise Price
	(In thousands)
3.17 – 5.26	29	1.0	$	4.55	30	1.0	$	4.55
6.66 – 13.72	46	2.42	9.15		45	2.33	9.03
14.44 – 22.26	1,021	6.97	19.44		629	6.37	18.59
22.30 – 24.61	102	9.35	22.32		18	8.10	22.36
Total	1,198	6.8	$	18.92	722	5.95	$	17.51

Status of non - vested stock options

The following table summarizes the status of non-vested stock options as of January 1, 2012 and changes during the fiscal year ending December 31, 2012:

	Number of Shares		Wtd. Avg. Grant Date Fair Value
	(In thousands)
Options non-vested at January 1, 2012	605		$	8.99
Granted	96		6.81
Vested	(184	)	8.32
Forfeited	(41	)	8.96
Options non-vested at December 31, 2012	476		$	8.89

Summary of the activity of restricted stock

A summary of the activity of restricted stock is as follows:

	Shares		Wtd. Avg. Grant  date Fair value
	(In thousands)
Restricted stock outstanding at January 1, 2012	442		$	23.32
Granted	315		18.40
Vested	(145	)	23.28
Forfeited/Canceled	(28	)	22.79
Restricted stock outstanding at December 31, 2012	584		$	20.98